Quarterly Activities/Appendix 5B Cash Flow Report

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Stock Platina Resources Ltd (PGM.ASX)
Release Time 30 Oct 2025, 6:56 p.m.
Price Sensitive Yes
 Platina Resources reports quarterly activities and cash flow
Key Points
  • Acquired Mt McKenna Gold Project in Laverton, WA
  • Commenced exploration at Mt McKenna
  • Defined new exploration prospects at Beete Gold Project
  • Expanded Laverton landholding with Sunrise Bore Gold Project acquisition
Full Summary

Platina Resources Limited (ASX: PGM) has reported its quarterly activities and cash flow for the period ended 30 September 2025. Key highlights include the acquisition of the Mt McKenna Gold Project in the Laverton region of Western Australia, the commencement of exploration activities at Mt McKenna, the definition of new exploration prospects at the Beete Gold Project, and the expansion of the company's Laverton landholding through the acquisition of the Sunrise Bore Gold Project. At Mt McKenna, historical shallow drilling has returned encouraging results, and the company plans to undertake a 12-month low-impact exploration program, including gravity surveys, surface sampling, and initial aircore drilling. The acquisition of Sunrise Bore adds 12 square kilometers of exploration potential, with over 800 meters of defined mineralization and high-grade intersections. At Beete, the phase 2 aircore drilling program has defined two new prospect areas along the 16-kilometer Beete Shear Zone, which the company plans to further investigate. The company also provided updates on its other projects, including Brimstone, Binti Binti, Jubilee, Mt Narryer, and Xanadu, which was divested to Kalamazoo Resources. Platina ended the quarter with $10.66 million in cash and tradeable equity investments.

Outlook

Platina's vision is to become a leading exploration company by exploring its high-potential projects and leveraging cutting-edge technology, innovative strategies, and the knowledge of its highly skilled technical team. The company remains focused on advancing its key projects, such as Mt McKenna and Sunrise Bore, to generate shareholder value.