Tuesday, 02 January 2024 12:17 GMT

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) DFS Update Underscores Waterberg Project Scale, Economic Strength


(MENAFN- Investor Brand Network)
  • The value of an independent feasibility study lies in its ability to transform geological potential into a fully defined business case.
  • PLG exemplified the critical role of such evaluations with the release of its updated Definitive Feasibility Study (“DFS”) for the Waterberg Project.
  • The Waterberg DFS update laid out a clear path.

Independent feasibility studies are the cornerstone of responsible mining, providing the rigorous analysis needed to determine whether a mineral deposit can be developed economically, safely and sustainably. The studies serve as the industry's reality check, balancing opportunity with practicality, and help ensure that mining projects are designed for long-term success. Platinum Group Metals (NYSE American: PLG) (TSX: PTM) illustrated this process with its independent Definitive Feasibility Study (“DFS”) for the Waterberg Project, a comprehensive evaluation by independent qualified persons that highlights how thorough planning can optimize mine economics, reduce operational risks and inform strategic decision-making.

The value of a feasibility study lies in its ability to transform geological potential into a fully defined business case. Moving through preliminary, prefeasibility and definitive stages, these assessments provide increasingly more accurate estimates on costs, cash flows, engineering requirements, environmental...

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NOTE TO INVESTORS: The latest news and updates relating to PLG are available in the company's newsroom at

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