Platinum Group Metals Ltd.: WBJV Project 1 (Maseve) Surface Worker Fatality

Platinum Group Metals Ltd.: WBJV Project 1 (Maseve) Surface Worker Fatality 
VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA --
(Marketwire) -- 02/14/13 -- Platinum Group Metals Ltd. (TSX:PTM)(NYSE
MKT:PLG) ("Platinum Group" or the "Company") reports with great
regret that Moshiko Molepo, an employee of a surface earth works
contractor, was involved in an incident on surface at the WBJV
Project 1 (Maseve) mine site and subsequently died while under
medical care. Our deepest condolences are passed on to Moshiko's
family, friends and co-workers. 
It is reported that a truck made contact with the employee. The
relevant authorities have been contacted and senior management of the
Company and the contractor are on site and are investigating. Surface
work by the contractor was stopped immediately pending the
investigation. The Company is providing full co-operation with the
authorities and the investigation and discussion with the Department
of Mineral Resources inspectors is ongoing at this time.  
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 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
Toronto. 
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 cautions 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 www.sec.gov
and www.sedar.com, 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. 
Contacts:
Platinum Group Metals Ltd., Vancouver
R. Michael Jones
President
(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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