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Eastern Platinum Limited

TSX:ELRLive AI agent

Eastplats aims to be a leading mid-tier PGM and chrome producer through the organic growth of its Western and Eastern limb projects located on the world-renowned Bushveld Complex.

Investor website: https://www.eastplats.com/

About

Eastplats aims to be a leading mid-tier PGM and chrome producer through the organic growth of its Western and Eastern limb projects located on the world-renowned Bushveld Complex. The company is committed to creating sustainable value for shareholders, employees, and host communities through profitable mining operations and a strong commitment to safety, social governance, and environmental responsibility.

Verified company data

Cash position
$6.4 million
Shares outstanding
201,901,426
Fully diluted shares
209.4 M
Mineral resource
The Zandfontein underground mine has a life of mine of more than 22 years and 1.7 million ounces of 4E PGM mineral reserves, with a potential production of 50,000 ounces per year. As of January 2022, the mineral resource class includes: Measured: 6,688 kt with 4.85 g/t 4E; Indicated: 21,371 kt with 4.24 g/t 4E; M&I: 28,059 kt with 4.39 g/t 4E; Inferred: 22,550 kt with 4.45 g/t 4E.
Projects
["Crocodile River Mine (CRM), North West Province, South Africa: The CRM is a platinum group metal (PGM) mine located 70 km north-northwest of Johannesburg in the North West Province and 7 km south of the town of Brits. The current mine lease area includes one operating mining section (the Zandfontein Section) and two development sections (the Crocette Section and the Kareespruit Section). Operations at the Crocodile River Mine currently include re-mining and processing its tailings resource to produce PGM and chrome concentrates from the Zandfontein tailings dam."]
Leadership
Wanjin Yang (Chief Executive Officer, Senior exploration geologist with over 30 years of experience in major mineral exploration projects, corporate management, and corporate development. Previously Project Geologist at Whitehorse Gold Corp.), Wylie Hui (Chief Financial Officer and Corporate Secretary, Over 25 years of financial and operational experience in the mining and metals industry, previously served as CFO of several publicly listed mining companies including Sandfire Resources America Inc.)

Verified data last updated:

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