PGM Price sensitive 31 Aug 2026, 5:02 PM

Sunrise Bore Gold Project Broad mineralised system Amended

Platina Resources Ltd

Platina Resources Updates on Sunrise Bore Gold Project

Key points

  • Maiden drilling confirms broad gold mineralised system
  • Standout intersection of 29m @ 3.38g/t Au from 11m
  • 2,863m, 23-hole RC program designed to validate historical mineralisation
  • Gold intersected close to surface and extends along strike and down-dip
  • Substantial strike length remains for further exploration

Full summary

Platina Resources Limited (ASX: PGM) has successfully completed maiden drilling at the Sunrise Bore Gold Project in Western Australia, confirming a broad gold mineralised system. The drilling, which represents the first modern exploration at the site in 28 years, has identified a mineralised structure more than 80m wide, with gold intersected close to surface and extending along strike and down-dip beyond the initial area tested. The standout result from the program was a 29m intersection at 3.38g/t gold from just 11m depth, including 11m at 8.62g/t. The program covered only about 200m of a broader 1.2km mineralised trend, leaving substantial strike length available for systematic follow-up exploration. The results provide Platina with a substantially improved understanding of the mineralised system and confirm that gold mineralisation remains present within a broad structure that extends beyond the area tested.

Outlook

Platina plans to integrate the new drilling, geological, and assay information with historical datasets to develop an updated geological interpretation of Sunrise Bore. The work will focus on defining the orientation and controls of the higher-grade mineralisation, identifying potential extensions to the mineralised structure, and prioritising targets for follow-up drilling.

Summary generated by a large language model. Please interpret with care.

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