PGM Price sensitive 25 May 2026, 8:17 AM

Brimstone Gold Project - Farm-in and JV with NE Minerals

Platina Resources Ltd

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.

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