Platinum Group Metals Ltd.: WBJV Project 1 (Maseve) Section 54 Notice

Platinum Group Metals Ltd.: WBJV Project 1 (Maseve) Section 54 Notice 
(Marketwire) -- 02/14/13 -- Platinum Group Metals Ltd. (TSX:PTM)(NYSE
MKT:PLG) ("Platinum Group" or the "Company") reports that at the end
of the business day today in South Africa it has received a Notice
under Section 54 of the Mine Health and Safety Act (1996) requiring
it to stop its operations and comply with various instructions, and
as a result all work at the WBJV Project 1 (Maseve) site has stopped
with immediate effect pending compliance with the instructions in the
notice and upliftment of the notice by the principal inspector of
The Company and its contractors are working diligently to satisfy the
requirements of the Section 54 order so that work can resume.  
Safety has been the number one priority of the Company since
commencement of the construction of the WBJV Project 1 (Maseve) mine.
A thorough investigation of the recent incident will be completed
with the objectives of finding the causes of the incident and
improving safety going forward.  
About Platinum Group Metals Ltd. 
Platinum Group is building the WBJV Project 1 Platinum mine in the
Western Limb of the Bushveld Complex, South Africa. The Company owns
74% of the WBJV Project 1 Mine and 26% is owned by Wesizwe which is
controlled by Jinchuan of China.  
Platinum Group is listed as PLG on the NYSE MKT and PTM on the TSX in
On behalf of the Board of Platinum Group Metals Ltd.  
R. Michael Jones 
This press release contains forward-looking information within the
meaning of Canadian securities laws and forward-looking statements
within the meaning of U.S. securities laws ("forward-looking
statements"). Forward-looking statements are typically identified by
words such as: believe, expect, anticipate, intend, estimate, plans,
postulate and similar expressions, or are those, which, by their
nature, refer to future events. All statements that are not
statements of historical fact are forward-looking statements.
Although the Company believes the forward-looking statements in this
press release are reasonable, it can give no assurance that the
expectations and assumptions in such statements will prove to be
correct. The Company caut
ions investors that any forward-looking
statements by the Company are not guarantees of future results or
performance, and that actual results may differ materially from those
in forward looking statements as a result of various factors
including risk factors described in the Company's Form 40-F annual
report, annual information form and other filings with the SEC and
Canadian securities regulators, which may be viewed at
and, respectively.  
The Toronto Stock Exchange and the NYSE MKT have not reviewed and do
not accept responsibility for the accuracy or adequacy of this news
release, which has been prepared by management. 
Platinum Group Metals Ltd., Vancouver
R. Michael Jones
(604) 899-5450 or Toll Free: (866) 899-5450 
Platinum Group Metals Ltd., Vancouver
Kris Begic
VP, Corporate Development
(604) 899-5450 or Toll Free: (866) 899-5450
(604) 484-4710 (FAX)
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