Expands footprint in the world-class Laverton gold district
| Stock | Platina Resources Ltd (PGM.ASX) |
|---|---|
| Release Time | 10 Dec 2025, 8:23 a.m. |
| Price Sensitive | Yes |
Platina expands footprint in Laverton gold district
- Acquires 100% interest in Mt Morgans South Gold Project in Western Australia
- Project located near major gold mines and deposits including Wallaby, Westralia, and Jupiter
- Acquisition almost doubles Platina's footprint in the Laverton region
Platina Resources Limited (ASX: PGM) has significantly expanded its landholding in Western Australia's Laverton mineral district to more than 312km² after acquiring a 100% interest in the Mt Morgans South Gold Project from Genesis Minerals Limited. The acquisition includes four Exploration Licences and 14 Prospecting Licences, covering 126.4km² approximately 35km southwest of Laverton. The Mt Morgans South project is located just 45km from Platina's recently acquired Mt McKenna and Sunrise Bore projects, allowing for synergies in exploration activities. The project is situated in a highly prospective geological setting, with proximity to major gold mines and deposits such as Wallaby, Westralia, and Jupiter. Platina plans to implement a comprehensive exploration strategy at Mt Morgans South, commencing with detailed compilation of historical data, execution of a heritage agreement, and follow-up soil sampling across geophysical and geochemical anomalies.
Platina is expanding its footprint in the Laverton gold district through the acquisition of the Mt Morgans South Gold Project, which is located in a highly prospective geological setting near major gold mines and deposits. The company plans to undertake a comprehensive exploration program to unlock the potential of the project.