Eastern Platinum targets 40,000 tonnes at Crocodile River 18th December 2006

Eastern Platinum has announced that it is targeting its original planned production levels of 40,000 tonnes per month at its Crocodile River Mine (CRM) operations.

The platinum miner has revealed that it has been granted a new order mining right by South Africa's department of minerals and energy to Barplats' operating property, meaning it is now able to up its production levels to those first forecast by Eastern Platinum.

Therefore, Eastern Platinum believes that it can now up its output to 40,000 tonnes of platinum for the next nine months, with the aim to continue scaling up the operation until it reaches steady production of 180,000 tonnes per month.

Ian Rozier, chief executive of Eastern Platinum and Barplats chairman, said: "The granting of the new order right will enable management to continue to rapidly increase production levels at CRM. The mine's processing plant is already positioned for the build up to full production and we can now see our way clear to achieving this."

Ÿ Adfero Ltd



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