Quarterly Activities/Appendix 5B Cash Flow Report
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| Stock | Platina Resources Ltd (PGM.ASX) |
|---|---|
| Release Time | 30 Jul 2026, 12:07 p.m. |
| Price Sensitive | Yes |
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Platina Resources Ltd Quarterly Activities Report
Key Points
- Completed 10,809m of aircore drilling at Mt McKenna, achieving significant gold intercepts
- Acquired Sunrise Bore and Mt Morgans South projects, expanding Laverton portfolio
- Appointed Dr Paul Polito as new Managing Director and CEO
- Cash balance of A$8.61 million at the end of June 2026
Full Summary
Platina Resources Ltd reported substantial progress in its exploration activities for the quarter ended 30 June 2026. The company completed 10,809 meters of aircore drilling at Mt McKenna, identifying new gold zones with promising results. Platina also expanded its Laverton portfolio by acquiring the Sunrise Bore and Mt Morgans South projects, increasing its landholding to over 312 square kilometers. Additionally, Dr. Paul Polito was appointed as the new Managing Director and CEO, effective 20 July 2026. The company held a cash balance of A$8.61 million at the end of the quarter.
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