#lavertongold

Platina Resources has strengthened its gold exploration story after identifying a coherent 1.5km mineralised gold structure from its maiden aircore drilling program at the Mt McKenna Gold Project in Western Australia, highlighting strong potential for a larger system at depth within the Laverton Gold District.

🔧 Key Developments – Mt McKenna Gold Project

Coherent 1.5km mineralised gold structure defined

Majority of aircore holes along strike ended in gold mineralisation

Strong arsenic anomaly (up to 1,750 ppm) indicates fertile gold system

Multiple mineralised trends identified under transported cover

RC drilling planned to test depth and down-dip continuity

⛏️ Standout Aircore Results

1m @ 0.64 g/t Au from 33m (EOH – MMKAC058)

11m @ 0.36 g/t Au from 36m (EOH – MMKAC110)

4m @ 0.24 g/t Au from 20m (EOH – MMKAC101)

3m @ 0.27 g/t Au from 24m (EOH – MMKAC102)

4m @ 0.20 g/t Au from 32m (MMKAC072)

📈 Why It Matters

1.5km mineralised structure points to scale potential

Gold mineralisation persists to end-of-hole, suggesting depth upside

Arsenic-rich zones align with known Laverton gold systems

Proven exploration methodology mirrors successful regional discoveries

💬 Corey Nolan, Managing Director:

“The integration of mapping, geophysics and aircore drilling has proven effective in identifying gold-bearing structures at Mt McKenna. This approach will continue across the broader 20km strike of the tenement.”

🧩 Strategic Positioning

Located ~13km east of Laverton in a world-class gold district

Close to Genesis Minerals’ Laverton Project and Gold Fields’ Granny Smith Mine

Expanded Laverton landholding now exceeds 312km²

Fully funded following completion of A$2.15M capital raise

📊 Investor Outlook

Platina Resources last traded at $0.038, valuing the Company at approximately $24.5M. With gold mineralisation confirmed over a coherent 1.5km structure, strong geochemical vectors, and RC drilling planned, Platina offers investors leverage to exploration success in one of Australia’s most prolific gold districts.

🔗 Read more : https://colitco.com/platina-resources-mt-mckenna-gold-structure/

The acquisition of the Mt Morgans South Gold Project represents a transformative step for Platina Resources in Western Australia’s Eastern Goldfields. By nearly doubling its Laverton footprint, the Company strengthens its exploration capacity, enhances operational synergies, and positions itself for long-term growth.

Platina Resources has delivered a solid operational and financial update, completing Phase 1 drilling at the Mt McKenna Gold Project in Western Australia while also securing an early US$1M cash receipt, positioning the Company strongly ahead of 2026 exploration.

🔥 Key Exploration Update

6,056m aircore drilling completed

126 drill holes across the Target 2 area

Tested multiple splays off the Granite Well Fault

Located in the highly prospective Laverton gold district

Assay results due January 2026

📈 Why It Matters

Confirms systematic exploration across a 20km gold corridor

Strengthens geological understanding for high-priority targets

Sets up follow-up drilling programs for early 2026

Exposure to gold in a Tier-1 mining jurisdiction

💰 Balance Sheet Boost

US$1M early payment received from Scandium Project sale

Equivalent to ~A$1.5M, previously held in trust

Potential additional US$2M pending mining licence approval or by August 2026

Enhances funding flexibility with minimal dilution risk

🔄 What’s Next

Assay results in January 2026

Ongoing mapping, sampling & gravity surveys

Target generation across the broader Mt McKenna project

Continued portfolio optimisation and capital recycling

📊 Investor Outlook

Platina Resources last traded at $0.039, valuing the Company at approximately $25.15M market capitalisation. With drilling completed, assays pending, a strengthened cash position, and a sharpened gold-focused portfolio, investors will be watching closely as Platina moves into a potentially value-defining 2026 exploration phase.

Read More - https://colitco.com/platina-resources-mt-mckenna-gold-drilling/

Platina Resources has secured the Mt Morgans South Gold Project, lifting its Laverton landholding to 312km² and strengthening its position inside one of Australia’s most productive gold belts.

🚀 Highlights

18 new tenements (126.4km²) added

Located 35km from Laverton, 45km from Mt McKenna & Sunrise Bore

Neighbouring major deposits: Jupiter (6km), Westralia (7.5km), Wallaby (12km)

🎯 Target Zones

Project North: Celia Fault corridor (Brewery–Smith Well)

Project East: Horse Head & Cedar Island intrusive system

Project West: Granite–greenstone dilation zones extending from Guyer

🛠️ Next Steps

Heritage agreements

Data compilation

Soil sampling & target refinement

💬 Corey Nolan, Managing Director, said:

“Mt Morgans South is nestled between world-class deposits to the north and northeast, and adjacent to Iceni Gold’s Gold Road joint venture to the southwest. The region’s strong potential has been further highlighted by the $44 million exploration joint venture between Iceni Gold and Gold Road on adjoining tenements to the south, where drilling is already underway.”

📊 Investor Outlook

Platina Resources (ASX: PGM) last traded at $0.034, with a market capitalisation of $18.70M. The stock continues to attract attention as gold prices remain strong and capital flows into WA gold explorers outperform broader microcap indices. Investors view Platina’s enlarged 312km² Laverton position favourably, given its proximity to multi-million-ounce deposits and the low cost of the acquisition.

As soil sampling, target modelling and early drill planning progress through 2026, Platina is positioned to benefit from both improving sector sentiment and a growing appetite for discovery-driven catalysts in the gold market.

Read More - https://colitco.com/platina-resources-doubles-laverton-footprint/

Platina Resources (ASX: PGM) has commenced a 7,500m aircore drilling program at the Mt McKenna Gold Project in the heart of the Laverton gold district, Western Australia. Drilling will test four high-priority targets generated from mapping, geochemistry, gravity data and reinterpreted geophysics, all focused along splays of the Granite Well fault, a major regional structure known to host significant gold mineralisation.

Located just 13km east of Laverton and near multiple tier-one deposits, Mt McKenna is positioned within one of Australia’s most productive gold belts. The presence of historical nuggets and structurally prepared zones highlights the project’s strong discovery potential.

💡 Investor Outlook

With a A$0.031 share price and A$16.76M market cap, Platina offers leveraged exposure to a high-impact drill program in a proven gold district. Success at Mt McKenna could rapidly re-rate the company, with multiple untested structural targets providing potential for sustained exploration newsflow and value creation.

📊 Last Price: A$0.031 💰 Market Cap: A$16.76M

Read More - https://colitco.com/platina-aircore-drilling-mt-mckenna/