FAQ: Platinum Group Metals Ltd. and the Waterberg Project

What is the Waterberg Project?

The Waterberg Project is a bulk underground platinum group metals deposit discovered by Platinum Group Metals Ltd. in 2011, located on the Northern Limb of the Bushveld Complex in South Africa. It is planned as a fully mechanized mine for platinum, palladium, rhodium, and gold, including by-product copper and nickel production.

Why is the Waterberg Project significant?

The Waterberg Project is projected to be one of the largest and lowest cost PGM mines globally, making it a significant development in the mining sector for platinum group metals.

Who operates the Waterberg Project?

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is the operator of the Waterberg Project, jointly developed with Implats, Mnombo, and HJM.

Where is the Waterberg Project located?

The Waterberg Project is located on the Northern Limb of the Bushveld Complex in South Africa.

What is the primary business objective of Platinum Group Metals Ltd.?

The company’s primary business objective is to advance the Waterberg Project to a development and construction decision, with an update to the 2019 Definite Feasibility Study expected in 2024.

How can I find more information about Platinum Group Metals Ltd.?

For more information about the company, visit www.PlatinumGroupMetals.net/home/default.aspx.

Where can I find the latest news and updates about PLG?

The latest news and updates relating to PLG are available in the company’s newsroom at https://ibn.fm/PLG.

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