ELR Eastern Plat

 
TIDMELR 
 
Eastplats Reports Production Results for the Quarter Ended December 31, 2010 
NEWS RELEASE TRANSMITTED BY MARKETWIRE 
 
FOR:  EASTERN PLATINUM LIMITED 
 
TSX, AIM SYMBOL:  ELR 
JSE SYMBOL:  EPS 
 
January 14, 2011 
 
Eastplats Reports Production Results for the Quarter Ended December 31, 2010 
 
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 14, 2011) - Eastern Platinum Limited ("Eastplats") 
(TSX:ELR)(AIM:ELR)(JSE:EPS) reports production from the Crocodile River Mine ("CRM") for the fourth quarter 
ended December 31, 2010. 
 
Production statistics for the current quarter and historical quarters are as follows: 
 
/T/ 
 
=--------------------------------------------------------------------------- 
                                                               Increase 
                              Quarter ended                   (decrease) 
=--------------------------------------------------------------------------- 
                                                            Q4 2010 Q4 2010 
Production      Dec 31, Sept 30,  Jun 30,  Mar 31,  Dec 31,  vs. Q3  vs. Q4 
 statistics        2010     2010     2010     2010     2009    2010    2009 
=--------------------------------------------------------------------------- 
Ounces 
 produced        32,752   37,798   30,820   30,531   34,000  (5,046) (1,248) 
=--------------------------------------------------------------------------- 
Run-of-mine 
 tonnes 
 hoisted        324,879  362,042  297,186  304,309  321,393 (37,163)  3,486 
=--------------------------------------------------------------------------- 
Run-of-mine 
 tonnes 
 processed      327,872  357,219  290,028  290,854  321,983 (29,347)  5,889 
=--------------------------------------------------------------------------- 
Development 
 (meters)         3,501    3,299    3,202    2,812    3,254     202     247 
=--------------------------------------------------------------------------- 
On-reef 
 development 
 (meters)         1,925    1,797    1,573    1,931    2,135     128    (210) 
=--------------------------------------------------------------------------- 
Stoping units 
 (square 
 meters)         53,044   50,892   50,573   51,760   55,153   2,152  (2,109) 
=--------------------------------------------------------------------------- 
Head grade 
 (grams/tonne) 
 (i)                4.0      4.0      4.1      4.1      4.1     0.0    (0.1) 
=--------------------------------------------------------------------------- 
Concentrator 
 recovery from 
 ROM ore (i)        78%      81%      80%      78%      79%     (3%)    (1%) 
=--------------------------------------------------------------------------- 
Chrome tonnes 
 dispatched      79,461  100,023   76,677   75,846   85,347 (20,562) (5,886) 
=--------------------------------------------------------------------------- 
(i)Head grade and concentrator recovery have been rounded to the nearest 
tenth and percentage point, respectively. 
 
/T/ 
 
CRM produced 32,752 PGM ounces, 13% less than the quarter ended September 30, 2010 ("Q3 2010") as a result of 
the following: 
 
/T/ 
 
=-  A 3% decrease in concentrator recovery caused by a planned shutdown and 
    modification to the process plant. 
 
=-  A 1.5% decrease in head grade to the concentrator from 3.97 g/t in Q4 
    2010 compared to 4.03 g/t in Q3 2010 as a result of dilution due to an 
    increase in development. 
 
=-  A 7% decrease in shifts worked as a result of the Christmas break. 
 
/T/ 
 
Mine development at Crocette has progressed in line with company expectations during the quarter. 
 
"We have gone through a transition year in which our goal was to streamline our operations at CRM and this has 
been evidenced by generally increased tonnages and improved concentrator recoveries compared to 2009. We look 
forward to production increases, as well as production from Crocette, which we expect will come on stream and 
contribute ounces within the next 12 months," said Ian Rozier. 
 
The qualified person having reviewed the operating results presented in this press release is Mr. Brian 
Montpellier, P. Eng, V.P. Project Development. 
 
Eastplats will release its full fourth quarter and year-end results on Wednesday, March 23, 2011. 
 
Total shares issued and outstanding: 908,025,500 
 
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 
 
 
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FOR FURTHER INFORMATION PLEASE CONTACT: 
 
Eastern Platinum Limited 
Investor Relations 
1-(604)-685-6851 
1-(604)-685-6493 (FAX) 
info@eastplats.com 
www.eastplats.com 
 
OR 
 
NOMAD: 
Canaccord Genuity Limited, London 
Mark Williams / Ryan Cohen 
+44 20 7050 6500 
mwilliams@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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