Platinum Group Metals Ltd.
OTC Bulletin Board : PTMQF
TSX : PTM

Platinum Group Metals Ltd.

June 28, 2005 17:45 ET

Platinum Group Metals Ltd.: Amendment to Table Header in News Release of June 28, 2005

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 28, 2005) - Platinum Group Metals Ltd. (TSX:PTM)(OTCBB:PTMQF) has noted an error in the table header of its news release of earlier today detailing the results of drilling completed and sampled on the Merensky Reef. Although the reported grams per tonne are correct, where the table header describes the splits for Pt, Pd, Rh and Au, the unit of measurement should clearly have read "ppb", not "ppm". This has been corrected. The Company has also taken this opportunity to improve the clarity of the legend for the column named "Assay Method". All other data in the table remains unchanged. See corrected table attached.

On behalf of the Board of Platinum Group Metals Ltd.

R. Michael Jones, President and Director

To view corrected drill results table attached please click on the following link: http://www2.ccnmatthews.com/database/fax/2000/0628pgmb.pdf

Note to U.S. Investors: Investors are urged to consider closely the disclosure in our Form 20F, File No. 0-30306, available at our office: Suite 328-550 Burrard Street, Vancouver BC, Canada, V6C 2B5 or from the SEC: 1(800) SEC-0330.

The TSX has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.

Contact Information

  • Platinum Group Metals Ltd.
    R. Michael Jones
    President
    (604) 899-5450 or Toll Free: 1-866-899-5450
    or
    Platinum Group Metals Ltd.
    John Foulkes
    Manager Corporate Development
    (604) 899-5450 or Toll Free: 1-866-899-5450
    (604) 484-4710 (FAX)
    info@platinumgroupmetals.net
    www.platinumgroupmetals.net
    or
    Roth Investor Relations, NJ
    Larry Roth
    (732) 792-2200