Platinum Group Metals

Kliprivier Project (South Africa)

Kliprivier is an inferred UG2 seam resource of 109.6 Mt at 2.3 g/t (3PGE+Au), containing 7.6 Moz 3PGE+Au (undiscounted) or 6.46Moz applying a 15% discount factor from surface over a 6km strike length on the 3,300ha permitted share of Kliprivier (based on information compiled by Mr Allen Maynard – Member of the Australian Institute of Mining and Metallurgy (AusIMM) and Member of the Australian Institute of Geologists (AIG)).

Platinum

Platinum Group Metals

Ghost Mountain (South Africa)

The Ghost Mountain prospect is located on the eastern limb of the Bushveld Complex, with past exploration having identified two mineralised targets. The UG1, UG2 seams and Merensky Reef all outcrop on the southern part of the farm, Tweefontein, and therefore the Merensky Reef and UG2 Chromitite could underlie parts of Tweefontein. The eastern block of farms holds exploration potential for the discovery of outliers of the PGM reefs, as well as, Platreef-Uitkomst type mineralisation.

Tinderbox (South Africa)

The Tinderbox prospect, located 10km south west of the Kliprivier project, is an early stage exploration project.

There is evidence to suggest that marginal-style critical-zone norite, which could host UG2 mineralisation, may be present on the project.

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