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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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Contents

EX-99.1 · North Complex Sublevel Interval

North Complex Sublevel Interval

For the North Complex the sublevel interval has not changed from the 2019 DFS, with a combination of 20 m and 40 m intervals.

16.3.5.3 Mining Blocks

To achieve the planned production rate, simultaneous production will be required from multiple mining fronts. To establish multiple fronts, mining blocks will be established at 100 m vertical intervals. For the F-Zone, the 100 m vertical blocks will consist of two 40 m vertical height stopes (each stope drilled up and down) and one 20 m vertical height upper stope that will be mined up to the backfilled stopes in the block above as shown in Figure 16-31.

The mining block and/or stope heights may be adjusted to accommodate mineral resource geometry in certain areas. Within a mining block, stoping will progress from bottom-up, but the overall mining of blocks will progress top-down.

Waterberg Technical Report

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