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Platinum Group Metals Ltd.

09:56 AM EST - Platinum Group Metals Ltd. : reported on exploration results from drilling conducted on property included in the Sable Joint Venture with Platinum Group Metals. All exploration work to date on the Sable JV has been funded by Sable Platinum Holdings (Pty) Ltd, "Sable" and completed by Platinum Group Metals geologists and field crews. Sable has completed approximately Rand 9.57 million ($1.19 million) of a Rand 42 million ($5.2 million) obligation for 51%. Platinum Group is carried until Sable completes their obligation and retains a 23% interest in the property with a Black Economic Empowerment group holding a 26% interest. Platinum Group Metals Ltd.
shares T.PTM are trading down $0.02 at $0.79.