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Eastern Platinum Limited: Restricted Operations at Zandfontein Section
Published : February 19, 2013
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Keywords :   London | Market | Market Conditions | Platinum |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 19, 2013) - Eastern Platinum Limited (News - Market indicators)(AIM:ELR)(JSE:EPS) reports that following the resumption of operations at the Zandfontein Section of the Crocodile River Mine on February 13, 2013, further Section 54 notices have been issued by the Department of Mineral Resources ("DMR").

Drilling operations are continuing. However, blasting and cleaning operations are on hold until such time as certain remedial measures currently being taken have been reviewed by the DMR. A further update will be provided when full operations resume again at Zandfontein.

Total shares issued and outstanding: 928,187,807

Cautionary Statement on Forward-Looking Information

Certain statements included herein constitute "forward-looking statements" within the meaning of applicable Canadian securities legislation. These forward-looking statements are based on certain assumptions by Eastplats and therefore, readers are cautioned that forward-looking statements are not a guarantee of future performance. There can be no assurance that such statements will prove to be accurate and actual results could differ materially from those expressed or implied in such forward-looking statements due to factors such as general economic and market conditions, changes in government legislation, controls, regulations and political developments.

The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Eastern Platinum Limited
Investor Relations
1-(604)-685-6493 (FAX)
Andrew Chubb or Ross Allister
Canaccord Genuity Limited, London
+44 (0) 207 7523 8000
Johan Fourie
PSG Capital (Pty) Limited
+27 21 887 9602

Eastern Platinum Limited

ISIN : CA2768551038
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Eastern Platinum is a producing platinum company based in Canada.

Eastern Platinum produces platinum, palladium in South Africa.

Its main asset in production is CROCODILE RIVER in South Africa and its main exploration properties are KENNEDY'S VALE, MAREESBURG and SPITZKOP in South Africa.

Eastern Platinum is listed in Canada, in Germany and in United Kingdom. Its market capitalisation is CA$ 26.4 millions as of today (US$ 21.1 millions, € 18.1 millions).

Its stock quote reached its lowest recent point on November 21, 2008 at CA$ 0.18, and its highest recent level on August 05, 2011 at CA$ 9.90.

Eastern Platinum has 92 639 032 shares outstanding.

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CA$ 0.285
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