EPS - Eastern Platinum - Tailings Retreatment Plan
EPS
EPS
EPS - Eastern Platinum - Tailings Retreatment Plant Commissioned At Crocodile
River Mine
EASTERN PLATINUM LIMITED
(Incorporated in Canada)
(Canadian Registration number BC0722783)
(South African Registration number 2007/006318/10)
Share Code TSX: ELR ISIN: CA 2768551038
Share Code AIM: ELR ISIN: CA 2768551038
Share Code JSE: EPS ISIN: CA 2768551038
TAILINGS RETREATMENT PLANT COMMISSIONED AT CROCODILE RIVER MINE
Mr. Ian Rozier, President and CEO of Eastern Platinum Limited ("Eastplats") is
pleased to report that a new tailings recovery plant has recently been
commissioned at Eastplats` Crocodile River Mine ("CRM"). The plant, which is
based on technology used by some of the major platinum producers, has proved to
be highly efficient and cost effective.
The Tailings Retreatment plant has been implemented at a total cost of $2.28
million and is expected to contribute 5,000 ounces of platinum group metals
("PGM") to annual production at a cost of $150/ounce, recovering PGM from low
grade tailings which historically have been deposited on the tailings dam.
"We are very pleased with the new plant which will contribute to improving
levels of efficiency and reducing unit operating costs", stated Ian Rozier.
"The plant is just one more facet of our overall development plan to improve
efficiencies and increase production at CRM."
Photographs showing the plant under construction and operation are available on
the Company`s website.
Total shares issued and outstanding: 667,778,194
For further information contact:
Investor Relations
Website: www.eastplats.com
Email: info@eastplats.com
#501-837 West Hastings Street,
Vancouver, BC, Canada, V6C 3N6
Tel: (604) 685-6851, Fax: (604) 685-6493
PSG Capital (Pty) Limited - Sponsor
Date: 04/07/2007 12:10:00 Produced by the JSE SENS Department.
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