The Waterberg Project
Client name: Platinum Group Metals
Duration: 2012 – 2013
Location: Mokopane, South Africa
Coffey supported Platinum Group Metals through the due diligence process for a $175 million bought deal financing.
Obtaining a resource estimate report
In today's market it’s more important than ever to obtain a resource estimate report that complies with the relevant exchange requirements.
The Waterberg Project is a part of a group of exploration projects that came from a regional target initiative run by Platinum Group Metals (PTM) - a company listed on the Toronto Stock Exchange (TSX).
Mineral resource estimate during exploration phase
We worked with PTM through their exploration phase. We undertook a mineral resource estimate to comply with NI-43-101, the National Securities Commissions Instrument in Canada, in accordance with the guidelines of the SAMREC Code.
Completion of two of the largest mining financing deals on TSX
Platinum Group Metals was able to complete two of the top four largest mining financings on the Toronto Stock Exchange in 2013.
The discovery has the prestige of being awarded the Global Discovery of the Year 2012 by the Mining Journal of London presented at the annual Mines and Money Conference Dec 2012.