Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) (
Platinum Group
PTM or the
Company ) reports the Company s financial results for the nine months ended May 31, 2021 and provides a summary of recent events and outlook. The Company is focused on advancing the Waterberg Project located on the Northern Limb of the Bushveld Complex in South Africa (the
Waterberg Project ). The Waterberg Project is planned as a fully mechanised, shallow, decline access palladium, platinum, gold and rhodium (
4E ) mine and is projected to be one of the largest and lowest cost underground platinum group metals (
PGM or
PGMs ) mines globally.
A mining right for the Waterberg Project was granted by the South African Department of Mineral Resources and Energy (
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