ELR Eastern Plat

 
TIDMELR 
 
Eastplats Eastern Limb Development Plan 
FOR:  EASTERN PLATINUM LIMITED 
 
TSX, AIM SYMBOL:  ELR 
JSE SYMBOL:  EPS 
 
June 3, 2010 
 
Eastplats Eastern Limb Development Plan 
 
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 3, 2010) - Mr. Ian Rozier, President and CEO of 
Eastern Platinum Ltd. (TSX:ELR)(AIM:ELR)(JSE:EPS) ("Eastplats" or the "Company") is pleased to report 
on the Company's development plan for its PGM assets on the eastern limb of the Bushveld Complex in 
South Africa. Once fully implemented, annual group production has the potential to increase to over 
600,000 ounces per annum ("opa"), with eastern limb production alone contributing approximately 
400,000 ounces. 
 
CRM Update 
 
Ongoing underground development at CRM's Crocette underground mine is progressing as planned and the 
Company is currently on track to increase production to 210,000 opa from existing operations at CRM by 
the end of 2013. Additional expansion opportunities exist at the Crocodile River Mine complex (CRM) on 
the western limb with the potential future development of the Kareespruit underground mine. 
 
Development Plan for Eastern Limb Projects 
 
An increase in annual production to 325,000 opa will be achieved by developing the Mareesburg open-pit 
mine and building a new 90,000 tonne per month concentrator to be located on the Kennedy's Vale site. 
As the Mareesburg open-pit is depleted, the production level from the eastern limb will be 
supplemented and increased to 135,000 opa with the development of the Spitzkop underground mine. 
Additional future production of 30,000 opa will be available from the development of the Mareesburg 
underground mine, with the De Goedegevagting ("DGV") and Kennedy's Vale deposits each having the 
potential to produce an additional 120,000 opa of PGM. 
 
Eastplats plans to take a phased approach to development of its eastern limb projects as this will 
mitigate the risks associated with multiple new mines and a new processing facility being under 
construction at the same time, and optimizing capital requirements. Should market conditions permit, 
the Company has the flexibility to immediately initiate the proposed production build-up at the 
Spitzkop, Mareesburg, DGV and Kennedy's Vale underground mines after the construction of the Kennedy's 
Vale concentrator is complete. 
 
Phase 1 - Mareesburg 
 
Phase 1 will be the development of the Mareesburg open-pit mine to feed a 90,000 tpm processing plant 
to be built at Kennedy's Vale. The planned production ramp up from the open pit will be rapid to allow 
the mill to operate at full capacity from commissioning. To accommodate potential future capacity 
increases, the plant will include the civil and other surface infrastructure work required for an 
additional 90,000 tpm processing stream and appropriate tailings facility infrastructure to process up 
to 180,000 tpm of ore. 
 
The capital cost for Phase 1 is estimated to be US$227 million and will produce approximately 115,000 
opa of PGM. Phase 1 build out will take approximately 18 months from approval to proceed and will have 
a five year mine life, during which time the Spitzkop mine will be developed. The Phase 1 capital cost 
estimate includes the cost of electrical infrastructure so that Eskom can guarantee the provision of 
sufficient power for the processing plant at Kennedy's Vale to handle the mining and processing of up 
to 180,000 tpm of ore. A number of financing options for Phase 1 are currently being considered and 
the Company expects to provide an update in the second half of 2010. 
 
Phase 2 - Spitzkop 
 
Phase 2 will be the construction of the Spitzkop mine to supplement and subsequently replace the 
Mareesburg open-pit production. The capital cost for Phase 2 is estimated to be approximately US$98 
million. 
 
Phase 3 - Mareesburg and DGV underground mines 
 
Phase 3 entails the development of the underground mines at Mareesburg and DGV, which has a measured 
resource in the UG2 reef alone containing 4.8 million PGM ounces, with grades of 5.2 g/t 4E. 
 
Phase 4 - Kennedy's Vale 
 
Phase 4 will be the development of the Kennedy's Vale mine where two 1,000m vertical shafts are 
already in place. 
 
Financing options for Phase 2, 3 and 4 will be dependent upon the prevailing market conditions, future 
metal prices, foreign exchange rates and the revenues generated from CRM and Phase 1 operations. 
 
"Our multiple properties on the eastern limb provide us with several options for further production 
expansion depending on market conditions. We have balanced our risks through this phased approach 
which in our view is both rational and achievable, and we are confident that we can execute this 
growth plan and deliver value to our shareholders. Phase 1 alone will increase our production by over 
100% from our 2009 production level," stated Ian Rozier, President and CEO. 
 
The qualified person having prepared the contents of this news release is Mr. Brian Montpellier, P. 
Eng. 
 
Total shares issued and outstanding: 682,911,198 
 
Certain statements included herein constitute "forward-looking statements" within the meaning of 
applicable Canadian securities legislation. These forward-looking statements are based on certain 
assumptions by Eastplats and as such are not a guarantee of future performance. Actual results could 
differ materially from those expressed or implied in such forward-looking statements due to factors 
such as general economic and market conditions, increased costs of production and a decline in metal 
prices. Eastplats is under no obligation to update or revise any forward-looking statements, whether 
as a result of new information, future events or otherwise, except as required by applicable laws. 
 
S&P TSX Composite Index 
 
 
-30- 
 
FOR FURTHER INFORMATION PLEASE CONTACT: 
 
Eastern Platinum Limited 
Investor Relations 
(604) 685-6851 
(604) 685-6493 (FAX) 
info@eastplats.com 
www.eastplats.com 
 
OR 
 
NOMAD: Canaccord Genuity Limited, London 
Ryan Gaffney / Ryan Cohen 
+44 20 7050 6500 
rgaffney@canaccordgenuity.com / rcohen@canaccordgenuity.com 
 
OR 
 
JSE SPONSOR: PSG Capital (Pty) Limited 
Johan Fourie 
+27 21 887 9602 
johanf@psgcapital.com 
 
No stock exchange, securities commission or other regulatory authority has approved or disapproved the 
information contained herein. 
 
 
 
 
Eastern Platinum Limited 
 

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