Commencement of Exploration at the Mt McKenna Gold Project

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Stock Platina Resources Ltd (PGM.ASX)
Release Time 25 Sep 2025, 8:19 a.m.
Price Sensitive Yes
 Platina to Commence Exploration at Mt McKenna Gold Project
Key Points
  • Received cultural heritage clearance to start exploration activities
  • Initial focus on gravity survey, surface sampling, and aircore drilling
  • Project located near major gold mines in the Eastern Goldfields region
Full Summary

Platina Resources Limited (ASX: PGM) has received cultural heritage clearance allowing exploration activities to commence at its recently acquired Mt McKenna Gold Project in Western Australia's Eastern Goldfields. The project lies 13km east of Laverton, adjacent to Genesis Minerals' 3.9Moz Laverton Project and 20km north-east of the 3.9Moz Granny Smith Gold Mine (Gold Fields), placing Platina in a world-class gold-producing region. A 12-month low impact exploration work program has been approved by the traditional owners. Initial exploration activities will focus on the northern end of the tenement and include a gravity survey, surface sampling, and first-pass aircore drilling to test targets identified from historical sampling and geophysics. Over time, Platina will systematically test the broader project area, which covers more than 20km of prospective greenstones, structures and intrusives. Managing Director Corey Nolan stated that the systematic program is designed to rapidly define and drill high-priority targets, while building a pipeline of longer-term opportunities across the 20km strike.

Outlook

Platina plans to systematically explore the broader 20km strike of the Mt McKenna project, with the initial focus on the northern end of the tenement. The company aims to rapidly define and drill high-priority targets, while building a pipeline of longer-term opportunities.