Owendale platinum project announces results from drilling program

Owendale announced that the platinum assay results were received for all 107 reverse circulation drill-holes recently completed at 4 potentially connecting localities.

The company released the following results in their news release:

• Highest laterite assay 1 metre @ 21g/t Pt from Cincinnati; highest freshrock assay 1
metre @ 11.4g/t Pt
• Significant intercepts from each locality include (full results Table 1):
o FKD11-136, from 20-28m, 8m @ 2g/t platinum, from Owendale North
o FKD11-215, from 19-40m, 21m @ 3.2g/t platinum, from Box Cowal
o FKD 11-185, from 19-32m, 13m @ 1.5g/t platinum, from Cincinnati
o FKD11-204, from 40-45m, 15m @ 0.7g/t platinum, from Milverton
• Sufficient assay and geological continuity has now been established to commence
the first Owendale platinum resource estimation
• Large diameter diamond drill core program completed which will provide samples for
future metallurgical investigations
• Recently completed gravity and down-hole geophysical interpretation. Along with RC
drilling, this new geophysical data will be used to explore primary, fresh rock
platinum mineralisation