SOURCE: African Platinum PLC

October 27, 2005 06:14 ET


London -- (MARKET WIRE) -- October 27, 2005 --African Platinum plc

Ticker: APP

Index: AIM

Sector: Exploration


London, 27 October 2005 - AIM-listed platinum exploration and development company African Platinum (Afplats) has appointed Dr Jock Harmer as exploration manager.

Harmer will head an exploration programme which covers ongoing work at Afplats's flagship Leeuwkop project on the Western Limb of South Africa's Bushveld Complex, the Snakes Head prospect in Zimbabwe, the Molopo Farms prospect in Botswana and the company's PGM-prospective tenements in Mozambique.

Chief executive Roy Pitchford said Harmer's appointment would give the company's exploration activity a major boost. "Jock's exceptional experience and understanding of the Bushveld and other mafic intrusives will be of particular benefit to us," he said.

Harmer holds an MSc in Geology from the University of Natal and a PhD in geochemistry from the University of Cape Town. He is an experienced exploration geologist as well as an academic who has published 37 papers, largely on the Bushveld Complex, in peer-reviewed journals and books. He joins Afplats from Pan Palladium where he was exploration manager and a director of its South African company.

Afplats's Leeuwkop project is at bankable feasibility stage with a resource which currently stands at 50 million ounces of 4E (the three platinum group metals plus gold) but which the company believes has the potential for significant expansion. The June pre-feasibility study envisages a 300 000 ounce-per-year mining and concentrating operation with a life of mine in excess of 20 years.


Chief Executive - Roy Pitchford

+27 (0)82 419 2581 or +44 (0)77 9390 9985

Investor & Media Relations - Kathy du Plessis

+27 (0)11 728 4701 or +27 (0)83 266 5847 (Mobile)


DISCLAIMER: Investing in all equities, including natural resources-related equities, carries risks which should be taken into consideration when making an investment. This announcement contains forward-looking statements regarding African Platinum plc, including the development of its mining development projects. Actual results relating to any and all of these subjects may differ materially from those presented.

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