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Eastern Platinum Limited

TSX:ELRLive AI agent

Eastplats aims to be a leading mid-tier PGM and chrome producer through the organic growth of its Western and Eastern limb projects located on the world-renowned Bushveld Complex.

Investor website: https://www.eastplats.com/

About

Eastplats aims to be a leading mid-tier PGM and chrome producer through the organic growth of its Western and Eastern limb projects located on the world-renowned Bushveld Complex. The company is committed to creating sustainable value for shareholders, employees, and host communities through profitable mining operations and a strong commitment to safety, social governance, and environmental responsibility.

Verified company data

Cash position
$6.4 million
Shares outstanding
201,901,426
Fully diluted shares
209.4 M
Mineral resource
The Report has been updated, in preparation of the re-start of underground mining at the Zandfontein Section of CRM which was placed under care and maintenance in 2013. The resources and reserves updates of the Report apply to each of the Zandfontein Section, the Crocette Section and the Kareespruit Section. There are no material changes reflected in the Report as compared to the “NI 43-101 Technical Report on the CRM, North West Province, South Africa” dated January 1, 2022, which was filed on May 20, 2022 on SEDAR.
Projects
["Crocodile River Mine (CRM), North West Province, South Africa: The CRM is a platinum group metal (PGM) mine located 70 km north-northwest of Johannesburg in the North West Province and 7 km south of the town of Brits and situated on the western limb of the Bushveld Igneous Complex in an area of known structural complexity, the Brits Graben. The current mine lease area includes one operating mining section (the “Zandfontein Section”) and two development sections (the “Crocette Section” and the “Kareespruit Section”, respectively). Operations at the Crocodile River Mine currently include re-mining and processing of its tailings resource to produce PGM and chrome concentrates from the Zandfontein tailings dam."]
Leadership
Wanjin Yang (CEO, Senior exploration geologist with over 30 years of experience in major mineral exploration projects, corporate management, and corporate development. Previously served as Project Geologist at Whitehorse Gold Corp.), Wylie Hui (CFO and Corporate Secretary), Andrea Zhang (Vice-President), George Dorin (Chairman, not discovered), Changyu (Charlie) Liu (Director, Chairman of Ka An Development Co. Limited, focused on business investments and international trade with over two decades of expertise in business investment and financing.), Lisa Ng (Director, CPA with over 25 years of experience in financial management across various sectors including mining and technology.)

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