Eastern Platinum Limited: Operations at Crocodile River Mine Suspended After Fatal Accident
February 05 2013 - 8:00AM
Marketwired
Mr. Ian Rozier, President and CEO of Eastern Platinum Limited
("Eastplats" or the "Company") (TSX:ELR)(AIM:ELR)(JSE:EPS), reports
that mining operations at the Zandfontein Section of the Crocodile
River Mine ("CRM") have been suspended following a fatal accident
at the mine.
Mr. Allan Swartz, a shift supervisor, was fatally injured after
falling down an empty ore pass. A Section 54 Stop Work Order has
been issued by the Development of Mineral Resources ("DMR") and
mining operations at Zandfontein have been stopped pending a full
investigation by the DMR Inspector of Mines.
"This is terrible news for the family affected. Management has
made health and safety a key priority at CRM. This is a tragic
accident and it is being investigated thoroughly," stated Ian
Rozier.
Total shares issued and outstanding: 928,187,807
Cautionary Statement on Forward-Looking Information
Certain statements included herein constitute "forward-looking
statements" within the meaning of applicable Canadian securities
legislation. These forward-looking statements are based on certain
assumptions by Eastplats and therefore, readers are cautioned that
forward-looking statements are not a guarantee of future
performance. There can be no assurance that such statements will
prove to be accurate and actual results could differ materially
from those expressed or implied in such forward-looking statements
due to factors such as general economic and market conditions,
changes in government legislation, controls, regulations and
political developments.
The Company disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise, except to the extent
required by applicable laws.
No stock exchange, securities commission or other regulatory
authority has approved or disapproved the information contained
herein.
Contacts: Eastern Platinum Limited Investor Relations
1-(604)-685-6851 1-(604)-685-6493 (FAX)info@eastplats.com
www.eastplats.com NOMAD: Rob Collins Canaccord Genuity Limited,
London +44 (0) 207 7523 8000 JSE SPONSOR: Johan Fourie PSG Capital
(Pty) Limited +27 21 887 9602johanf@psgcapital.com
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