Mineral resource for the Grootboom Project – May 2007

Summary of the attributable mineral resource for Grootboom Project – May 2007
Resource Area¹PropertyReefTonnage ('000 tonnes)Reef width (m)Grade
3PGE+Au g/t
Metal ratio
Pt:Pd:Rh:Au
%:%:%:%
Contained metals
3PGE+Au kg
oz '000Max resource
depth (m)3
Indicated mineral resource
Grootboom Hill resource areaGrootboomUG22,6811.215.4953:36:9:114,720473350
Annex Valley resource area
(Extension onto
Grootboom)
GrootboomUG23551.394.4756:33:10:11,5905160
Total indicated
Grootboom
2
  3,0361.235.3753:36:9:116,310524 
Inferred mineral resource
Grootboom Hill
resource area
Grootboom
 UG2300.895.9854:35:10:11806350
Grootboom Valley
resource area
GrootboomUG22,7370.837.3849:45:6:120,200649300
TailingsGrootboomTailings809 2.2554:34:12:11,82058 
Total inferredGrootboom² 3,5770.836.2049:44:7:122,200713 
¹Platmin, as operator, currently has a 72.39% attributable interest in the Grootboom Hill Resource Area , Grootboom Valley Resource Area and Annex Valley Resource Area (Extension onto Grootboom) all of which lie on Grootboom 336KT where Boynton holds the prospecting right.
2Platmin has completed a transaction granting Boynton the option to acquire certain PGM rights in respect of Annex Grootboom, upon completion of a bankable feasibility study, which may provide Indicated Mineral Resources of an additional 0.395 million ounces (3PGE+Au) and Inferred resources of an additional 0.081 million ounces (3PGE+Au).
3Vertical depth below surface.