The Welgevonden Project includes a steeply dipping PGM bearing vein deposit comprising the historical Transvaal Platinum Mine, as well as surface ore dumps and tailings material from the historical operation.

KEY FEATURES

LOCATION:

Limpopo Province, 15km northwest of the town Mookghopong.

OWNERSHIP:

Majority held by P & G.

MINERAL RESOURCES:

Measured:  6 000 tons at 4g/t 4E

Inferred:  0 000 tons at 2.3g/t 4E

Target:  1 million tons

PROPOSED MINE METHOD:

Surface , opencast, and  shallow  underground.

MINERAL RIGHT STATUS:

Full Mining Permit been awarded.

ACCESS & INFRASTRUCTURE:

Combined tarred and all-weather dirt road connecting mine site to R577 regional road to Mookghopong, 30km from existing toll treatment plant.

DEVELOPMENTS:

Positive metallurgical processing  studies have been completed. Offtake agreement with Sylvania Platinum limited is concluded.