Sharenet Sites 
Sharenet Sites
Exploration drilling update
BAUBA PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1986/004649/06)
Share code: BAU ISIN No: ZAE000145686
(“Bauba Platinum” or “the Company”)
EXPLORATION DRILLING UPDATE
Bauba Platinum is pleased to provide an update regarding
drilling progress on the Central and Northern Clusters of
the Bauba Project, situated on the Eastern Limb of the
Bushveld Igneous Complex in South Africa’s Limpopo
province.
Two drill rigs are currently in operation on the Central
Cluster, drilling boreholes BAU-022 and BAU-024. Merensky
reef has been intersected at a depth of 2 340m on borehole
BAU-022. Logging and sampling of core from these boreholes
is in progress.
The Company currently has one drill rig operating on the
Northern Cluster. The first borehole, BAU-040, has been
completed, and a second hole, BAU-041 is in progress.
BAU-040 successfully intersected the Merensky and UG2 Reefs
at depths of 1 792m and 2 272m respectively. The assay
results for this borehole have revealed 3PGE+Au grades of
6.15g/t over a width of 3.90m on the Merensky reef and
6.25g/t over a width of 1.20m on the UG2 reef.
Grant Pitt, Chief Executive Officer of Bauba Platinum,
commented: “The results from BAU-040 are particularly
pleasing with encouraging channel widths and the assayed
grades being better than initially expected. This gives us
confidence in our planned drilling programme.”
Johannesburg
2 October 2012
Sponsor
Merchantec Capital
Date: 02/10/2012 11:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
