• Aircore drilling program of 6,056m completed at Mt McKenna Gold Project
• Assays expected in January 2026 to support geological understanding
• US$1 million received from early release of scandium project warranty retention bond

Platina Resources Limited has completed a 6,056m aircore drilling program across 126 holes at the northern section of the Target 2 area of the Mt McKenna Gold Project. Assays from the drilling are expected in January 2026 and will support litho-geochemical classification of the bedrock and advance the understanding of any prevalent alteration halos for future targeting. The company will also continue collecting end-of-hole drill chips from historical drilling across the tenement and systematically mapping these to identify favorable geological settings for future drill testing. This geological mapping data, combined with the new drill assays, results from historical end-of-hole geochemical sampling, and a ground gravity survey, will guide target generation across the 20km anomalous gold corridor on the tenement. Further mapping, sampling, and gravity surveys across the entire tenement will continue in early 2026. Additionally, Platina has received an early release of the US$1 million (~A$1.5 million) warranty retention bond relating to the sale of the scandium project in August 2023. The company can also receive an additional US$2 million cash payment on approval of the Owendale (now called Burra) Mining Licence or three years (31 August 2026) from the signing of the binding sale contract.