Platina Resources Limited

Description

Platina Resources Limited is a well-funded Australian gold explorer focused on Western Australia. Its leading assets are the 100%-owned Sunrise Bore, Mt McKenna and Mt Morgans South projects in the Laverton district, supported by Beete, Brimstone, Binti Binti and Jubilee.

The investment case is discovery leverage at a relatively low valuation. Sunrise Bore maiden modern drilling confirmed a shallow mineralised system more than 80m wide, including 29m at 3.38g/t Au from 11m, while only around 200m of a 1.2km mineralised trend has been tested. Mt McKenna adds multiple new aircore gold zones across a substantial Laverton land position. Platina reported A$8.61M cash at 30 June 2026, providing funding for continued exploration. All projects remain pre-resource with no JORC Mineral Resource, economic study or production decision.

List of Projects:

Project 1: Sunrise Bore, Laverton, Western Australia — Gold / 100%-owned / Flagship early exploration
Maiden RC drilling returned 29m at 3.38g/t Au and mineralisation remains open along a broader 1.2km trend.

Project 2: Mt McKenna, Laverton, Western Australia — Gold / 100%-owned / Early exploration
A 10,809m aircore program identified new gold zones requiring follow-up drilling.

Project 3: Mt Morgans South, Laverton, Western Australia — Gold / 100%-owned / Target-generation stage
Large land position near established deposits, currently undergoing data review, heritage work and targeting.

Project 4: Beete, Norseman, Western Australia — Gold / 100%-owned / Exploration
Contains a 16km shear zone with several prospect areas requiring geophysical and RC follow-up.

Project 5: Brimstone, near Kalgoorlie, Western Australia — Gold / Farm-in interest / Advanced exploration
NEM may earn 80% by funding through a decision to mine, potentially leaving Platina with a 20% interest.

Project 6: Binti Binti, near Kalgoorlie, Western Australia — Gold / Early exploration
Early-stage orogenic gold ground currently considered a lower-priority asset.

Project 7: Jubilee, Meekatharra, Western Australia — Gold / Early exploration
Gold exploration ground located near Westgold's Bluebird processing hub.

Weakness

List of projects

Project details have not been added yet.

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