Sylvania Resources Ltd (ASX: SLV)

Name: Sylvania Resources Ltd
ASX Code: SLV

Sylvania Resources is a Perth based ASX listed mining exploration company with a 25% interest in the RK1 consortium, led by Aquarius Platinum Limited, which will treat chromite tailings in order to extract the platinum group metals (platinum, palladium, rhodium and gold). The consortium has constructed a purpose built plant at the Kroondal Mine, South Africa operated by Aquarius Platinum Limited. The initial year of the project is expected to yield in excess of 20,000 ozs of platinum group metals ("PGM's"), growing to 28,000 ozs per year from the second year, with 25% of production attributable to Sylvania.

Company URL: http://www.sylvaniaresources.com/

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