Quarterly Activities/Appendix 5B Cash Flow Report
| Stock | Platina Resources Ltd (PGM.ASX) |
|---|---|
| Release Time | 28 Apr 2026, 8:12 a.m. |
| Price Sensitive | Yes |
Platina Resources Quarterly Activities/Appendix 5B Cash Flow Report
- Advanced fully funded 2026 exploration strategy across Laverton gold portfolio with >20,000m of drilling planned
- Commenced Phase 2 and Phase 3 drilling at Mt McKenna, targeting extensions to mineralized structure
- Ground gravity and aeromagnetic surveys refined geological model and generated new high-priority drilling targets
Platina Resources Limited reported on its activities for the quarter ended 31 March 2026. The company advanced its fully funded 2026 exploration strategy across the Laverton gold portfolio, with more than 20,000m of aircore and reverse circulation drilling planned at the Mt McKenna, Sunrise Bore, and Mt Morgans South projects. At the Mt McKenna Project, Phase 2 and Phase 3 drilling commenced, targeting extensions to a 1.5km mineralized structure and newly defined structural targets identified through ground gravity and aeromagnetic surveys. These surveys refined the geological model and generated multiple new high-priority drilling targets. The conditional acquisition of the Sunrise Bore and Mt Morgans South projects will expand Platina's tenement footprint in the Laverton mineral district, complementing the nearby Mt McKenna project. Exploration and drilling activities are planned to advance across a portfolio of shear- and intrusion-related gold targets at these new project areas following completion of the transactions. Elsewhere in the company's portfolio, further exploration, including drilling, is planned at the Beete and Brimstone gold projects later in 2026, providing additional depth and optionality within Platina's gold portfolio.