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LAC DES ILES RIVER (LAC DES ILES)

Au
1,359.53
USD/oz
0.02
green
http://www.infomine.com/investment/metal-prices/gold/
Data as of May 17, 2013 09:59PM UTC
Pd
737.50
USD/oz
0.00
black
http://www.infomine.com/investment/metal-prices/palladium/
Data as of May 17, 2013 09:59PM UTC
Pt
1,454.50
USD/oz
0.00
black
http://www.infomine.com/investment/metal-prices/platinum/
Data as of May 17, 2013 09:59PM UTC


Key Facts
Status: Exploration
Type of Work: Surface
Location: Ontario, Canada
                 80 km NNE of THUNDER BAY

Commodities: Gold, Palladium, Platinum
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Latest Information
November 29, 2010
Platinum Group Metals Ltd. announced financial results for the year ending August 31, 2010. Highlights include; During the year ended August 31, 2010 the Company had net income of US$26.66 million. The current year’s income includes a US$2.80 million gain on sale of marketable securities and a gain for accounting purposes of $45.62 million on the rescission of the Company’s rights in Project 2 to Wesizwe Platinum as a part of the April 22, 2010 transaction described above. Earnings per share for 2010 amounted to US$0.29 per share as compared to a loss of US$6.96 million or US$0.10 per share for fiscal 2009.
January 25, 2010
North American Palladium continued to deliver significant exploration results at its wholly-owned Lac des Iles mine northwest of Thunder Bay, Ontario, Canada, and has consequently doubled its exploration budget to $15 million in 2010. The results reported are the final tranche of drill results from the 2009 exploration program, which totalled 86 holes and approximately 42,000 metres of drilling. Hole 404 returned a 19 metre intersection graded 9.78 g/t palladium, including a higher grade section of 6 metres grading 16.68 g/t of palladium.
July 16, 2007
Some 1,090 m drill program was conducted on the Lac Des Iles projects. Since 2004, there has been no recent exploration. (Aug 23/06)
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