#platinaresources

Platina Resources has commenced a 4,500m Phase 2 aircore drilling program at its 100 percent owned Mt McKenna Gold Project in Western Australia’s highly prospective Laverton district.

The campaign targets extensions of a 1.5km mineralised structure identified during Phase 1 drilling, as the Company advances a broader 20,000m 2026 drilling program across Mt McKenna, Sunrise Bore and Mt Morgans South.

🔎 Phase 2 Focus Target 2

Infill drilling along a 1.5km mineralised trend

Testing arsenic associated gold anomalies

Integration of recent gravity and aeromagnetic survey data

Building toward expanded Phase 3 drilling in March 2026

📍 Strategic Positioning

100 percent ownership in the Laverton Gold District

Located within WA’s Yilgarn Craton, a globally recognised gold province

Heritage clearances completed for next drilling phase

Multi target exploration pipeline across more than 20km of greenstone stratigraphy

📊 Market Snapshot ASX PGM 💰 Share Price $0.037 🧢 Market Cap $19.34M 📈 1 Year Performance +61.90 percent

📈 Investor Outlook

With drilling accelerating into Q1 2026 and multiple targets progressing simultaneously, Platina offers leveraged exposure to gold exploration in a record price environment. As assay results from Phase 2 and Phase 3 emerge, the Company enters a catalyst driven period where positive intercepts could materially reshape its exploration profile.

🔗 Read more - https://colitco.com/platina-resources-phase2-drilling-wa-colitco/

Metallurgical testing would follow, assessing gold recovery characteristics and processing viability. Infrastructure planning and permitting pathways would then shape development timelines.

Platina Resources is advancing consecutive drilling programs at its Mt McKenna Gold Project near Laverton, Western Australia, as part of a fully funded 2026 exploration campaign targeting multiple high-priority structures within a highly prospective greenstone corridor.

🔑 Key Developments

Phase 2 aircore drilling at Target 2 underway

Phase 1 identified multiple mineralised structures

Exploration across ~20km of greenstone strike

Targets 4 & 5 prioritised near major structural intersections

RC drilling scheduled to commence in April

📍 Why It Matters?

Located in the productive Laverton gold district

Structural setting along the Granite Well Fault

Geophysical signatures comparable to regional gold discoveries

Systematic drilling approach aimed at defining scale potential

📊 Investor Outlook

With a structured multi-target drilling program underway and follow-up RC drilling planned, Platina is entering a catalyst-rich period through 2026. Continued drilling success at Mt McKenna could materially enhance the project’s scale and position the Company for resource definition in a strong gold price environment.

Market Snapshot:

Share Price: $0.031

Market Capitalisation: ~$20.63M

At a modest market capitalisation relative to its exploration footprint and fully funded drill strategy, Platina offers leveraged exposure to new gold discovery potential in Western Australia.

🔗 Read the full ASX announcement for more details: https://colitco.com/platina-resources-mt-mckenna-drilling-colitco/

Platina Resources has outlined a fully funded, multi-project gold exploration strategy for 2026, committing to more than 20,000 metres of aircore and RC drilling across its highly prospective Western Australian gold portfolio, with a strong focus on the Laverton Gold District.

🔹 2026 Exploration Strategy

Continuous, well-sequenced drilling programs to maintain steady news flow

Focus on proven greenstone belts within the Yilgarn Craton

Programs largely concentrated in H1 2026, optimising execution synergies

⛏️ Key Project Priorities

Mt McKenna: Back-to-back drilling across >20km of prospective stratigraphy

Sunrise Bore: Resource definition RC drilling planned following tenement grant

Mt Morgans South: Exploration to advance pending transaction completion

Beete: Follow-up drilling planned later in 2026

🏢 Corporate Strength

~A$11M cash provides full funding for planned 2026 programs

Capacity to pursue follow-up drilling without near-term dilution

Portfolio surrounded by multiple world-class gold operations

📊 Investor Snapshot

Share Price: $0.032

Market Capitalisation: ~$19.34M

With a fully funded exploration program, multiple high-quality targets, and exposure to one of Australia’s most prolific gold districts, Platina Resources is positioned for consistent exploration news flow and potential discovery upside through 2026.

🔗 Read more: https://colitco.com/platina-resources-2026-gold-strategy-colitco/

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/

Platina Resources has achieved a major milestone in its Australian gold exploration journey as it successfully concludes drilling operations at the Mt McKenna Gold Project. This development reflects the company’s disciplined exploration strategy and commitment to unlocking long-term shareholder value. The completion of drilling activities signals technical progress while reinforcing confidence in the project’s geological potential.

At the same time, the company has strengthened its financial position through a US$1 million receipt, providing additional working capital to support near-term priorities. This dual achievement highlights the balance between operational execution and prudent financial management, a crucial factor in today’s resource exploration environment.

The Mt McKenna Gold Project, located in Australia, continues to attract attention due to its strategic location and promising geological indicators. With drilling now complete, Platina Resources is well positioned to move into the next phase of exploration and evaluation with enhanced financial flexibility.