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Mining Ops Temporarily Suspended at Everest Plat Mine

8th Dec 2008 11:57

AQUARIUS PLATINUM LIMITEDASX, LSE & JSE8 December 2008

Mining Operations Temporarily Suspended at Everest Platinum Mine

Aquarius Platinum Limited advises that operations at the Everest Platinum Mine have been temporarily suspended owing to geotechnical issues.

Instability has developed in the main decline into the mine, in part attributed to a shear zone above the decline, a feature of the geology at Everest. This instability was detected during the course of the weekend and operations were suspended from the night shift on Sunday, 7 December. Proactive measures ensured that no personnel were placed at risk.

The company's rock engineering specialists are currently assessing the situation. It is expected that the suspension of operations will be for at least one week.

Further announcements will be made in due course.

For further information please contact:

Nick Bias [email protected] + 41 (0)79 888 1642 Charmane Russell [email protected] +27 (0)11 880 3924 +27 (0)82 318 98 55REGISTERED OFFICE

Aquarius Platinum Limited ¢â€" Clarendon House ¢â€" 2 Church Street ¢â€" Hamilton HMCX Bermuda

Email: [email protected]

Telephone: +61 8 9367 5211

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