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NKWE PLATINUM LIMITED

ASX: NKP

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Description

Nkwe Platinumís main Tubatse and Garatau Projects consist of five contiguous farms with a strike length of more than 30km. These Projects are located in an established mining district with well developed infrastructure. It borders Anglo Platinumís Modikwa Joint Venture to the east, Implatís Marula mine to the north and Eastplatís Spitzkop Ė Kennedyís Vale project in the south.

Nkwe Platinumís Tubatse and Garatau Projects have a surface footprint of more than 10,500 hectares, underlain by both the Merensky Reef and the UG2 chromitite seam from surface to a depth of 1,500m.

Nkwe has finalised a Feasibility Study on the Garatau Project Area in the north, with exploration continuing on both its Garatau and Tubatse Project Area in the south. The companyís view is to develop two mines with a combined annual production of more than 1 Moz of PGM from a targeted mineralisation base in excess of 100 Moz 3PGM Au. The potential size and quality of Nkweís PGM assets make it possible for Nkwe to become an independent PGM producer and strategically utilize independent or joint ventured smelting and refining capabilities.

Mine For

platinum group metals, platinum

Location of operation(s)

South Africa

Address

Level 1, 18 Kings Park Road
WEST PERTH, WA, AUSTRALIA

Phone

+61 8 9481 8858

Email

Website


Last Updated

14/5/2015

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.