PLATINUM GROUP METALS LTD
For the period ended Aug 31, 2024. Filed Oct 9, 2024.
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Aug 31, 2024 · Filed Oct 9, 2024
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EX-99.1 · 1.20 Project Implementation
1.20 Project Implementation
The project program assumes a start date of January 2025, with the first activity, following the project execution decision by the Waterberg JV Resources partners, being the commencement of detailed design engineering. The program aims to achieve the integration of the projects by achieving the following key milestones.
Start of project - January 2025.
Start of construction of Central Complex - December 2025.
Start of box cut and decline development - January 2026.
Commence design and construction of the concentrator - April 2027.
Commence design and construction of backfill plant and TSF - October 2027.
Waterberg Technical Report
Completion of the 132 kV bulk electrical supply - August 2028.
Start of ore processing in concentrator - September 2029.
Achievement of 70% of steady-state capacity - December 2030.
Completion of project capital period - December 2030.
The production ramp-up will continue until steady state capacity is reached in May 2032.
The Waterberg Project schedule is summarized graphically in Figure 1-12.
Waterberg Technical Report
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