Brimstone Gold Project - Farm-in and JV with NE Minerals
Open PDF
| Stock | Platina Resources Ltd (PGM.ASX) |
|---|---|
| Release Time | 25 May 2026, 8:17 a.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
Platina Resources Enters Farm-in and JV Agreement with NE Minerals
Key Points
- Platina Resources enters into a Farm-in and Joint Venture Agreement with NE Minerals.
- NE Minerals to fund exploration, evaluation, and development activities.
- Platina retains a 20% interest in the Brimstone Gold Project.
- Exploration activities expected to commence by NE Minerals soon.
Full Summary
Platina Resources Limited (ASX: PGM) has entered into a binding conditional Farm-in and Joint Venture Agreement with NE Minerals Pty Ltd (NEM) for the Brimstone Gold Project in Western Australia. This agreement enables NEM to fund all exploration, evaluation, and development activities, while Platina retains a 20% interest. NEM can earn an 80% interest in the project by completing these activities within three years. The project is located approximately 40km north-east of Kalgoorlie and comprises a contiguous tenement package of approximately 70km², including a Mining Licence covering the advanced Garibaldi prospect.
Sign in to get more information about the company, including guidance changes and other insights.
Sign In