Eastern Platinum Limited: Restricted Operations at Zandfontein Section
posted on
Feb 19, 2013 04:47PM
South Africa's 6th largest PGM producer.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 19, 2013) - Eastern Platinum Limited (TSX:ELR)(AIM:ELR)(JSE:EPS) reports that following the resumption of operations at the Zandfontein Section of the Crocodile River Mine on February 13, 2013, further Section 54 notices have been issued by the Department of Mineral Resources ("DMR").
Drilling operations are continuing. However, blasting and cleaning operations are on hold until such time as certain remedial measures currently being taken have been reviewed by the DMR. A further update will be provided when full operations resume again at Zandfontein.
Total shares issued and outstanding: 928,187,807
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Certain statements included herein constitute "forward-looking statements" within the meaning of applicable Canadian securities legislation. These forward-looking statements are based on certain assumptions by Eastplats and therefore, readers are cautioned that forward-looking statements are not a guarantee of future performance. There can be no assurance that such statements will prove to be accurate and actual results could differ materially from those expressed or implied in such forward-looking statements due to factors such as general economic and market conditions, changes in government legislation, controls, regulations and political developments.
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