Platinum Group Metals expands budget to define resource

January 12, 2016

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As part of dual-listed Platinum Group Metals’ plans to delineate indicated category resources at its 59%-held Waterberg project, the company has moved funding forward from its next budget period. The current budget, fully funded by joint venture partner the Japan Oil, Gas and Metals National Corporation (Jogmec), was adjusted from $8-million to $8.5-million, with $6-million spent to date.