Grant of PGM Mining Rights

RNS Number : 7871G

Sylvania Platinum Limited

09 March 2015

 



Sylvania Platinum Limited

("Sylvania", "the Company" or "the Group")

 AIM (SLP)

Grant of Mining Rights to Platinum Group Metals

9 March 2015

Sylvania Platinum Limited, the low cost Platinum Group Metal ("PGM") processor and developer, is pleased to announce that the Department of Mineral Resources ("DMR") has granted in writing a mining right for the mining of PGM's over three of Sylvania's sites, being the farms Cracouw 391 LR, Aurora 397 and Harriets Wish 393 LR. The mining right has been granted to Hacra Mining and Exploration Company Proprietary Limited ("Hacra"), a 71% held subsidiary of Sylvania.

CORPORATE INFORMATION

Registered office:        Sylvania Platinum Limited

                                    Clarendon House

                                    2 Church Street

                                    Hamilton HM 11

                                    Bermuda

Postal address:            PO Box 976

                                    Florida Hills, 1716

                                    South Africa

Sylvania Website:        www.sylvaniaplatinum.com

CONTACT DETAILS

For further information, please contact:

Terence McConnachie (Chief Executive Officer)

[phone]

Nominated Advisor

Liberum Capital Limited

Richard Crawley/Tom Fyson

[phone]

Communications

Newgate

Tim Thompson / Adam Lloyd / Ed Treadwell / Helena Bogle

[phone]

 

END

 

 

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