Afternoon trading July 6, page-364

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    PGM - Greenland project

    6MOZ gold - 9MOZ palladium

    Has been sold to Eastern Zinc on the TSX, however PGM are now the largest shareholders of Eastern Zinc

    Strong development potential

    A$16 million invested in drilling, metallurgy and studies

    • Located on the east coast of Greenland
    • 100% owned by Platina
    • 68 drill holes and 35,000m of diamond drilling
    • Updated Scoping Study completed in December 2019
    • Palladium market fundamentals robust –price peaked over US$2,500/ozin January 2020

    Skaegaard has in Indicated and Inferred Mineral Resource Estimate, reported in accordance with the JORC Code (2012) of 203Mt at 0.88g/t gold and 1.33g/t palladium at a 1g/t gold equivalent (AuEq) cut-off grade and minimum mining thickness of 1m.

    The Skaergaard licence was renewed for a further three years in late 2016 and Platina plans to undertake a program development review and site visit to Skaergaard in 2017.

    Last edited by pustayo: 06/07/20
 
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