tiprankstipranks
Advertisement
Advertisement

Platina accelerates drilling at Mt McKenna as Laverton gold exploration ramps up

Story Highlights
  • Platina has launched a 4,500m Phase 2 aircore drill campaign at Mt McKenna’s Target 2 to infill and extend a 1.5km mineralised structure.
  • More than 20,000m of drilling plus new geophysical data and heritage clearances position Platina for sustained gold exploration growth in Laverton.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Platina accelerates drilling at Mt McKenna as Laverton gold exploration ramps up

Meet Samuel – Your Personal Investing Prophet

Platina Resources Limited ( (AU:PGM) ) just unveiled an announcement.

Platina Resources has commenced a 4,500-metre Phase 2 aircore drilling program at its Mt McKenna Gold Project in Western Australia’s Laverton district, focusing on Target 2 to infill earlier drill lines and test along-strike extensions of a 1.5-kilometre mineralised structure defined in late 2025. The company plans more than 20,000 metres of aircore and reverse circulation drilling across its Laverton assets in 2026, supported by recent gravity and aeromagnetic surveys and completed heritage clearances that pave the way for a Phase 3 drilling campaign from March, underscoring an accelerated exploration push aimed at expanding its pipeline of drill targets and potential gold discoveries.

The most recent analyst rating on (AU:PGM) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Platina Resources Limited stock, see the AU:PGM Stock Forecast page.

More about Platina Resources Limited

Platina Resources Limited is an Australian-listed mineral exploration company focused on gold projects in the Laverton Gold District of Western Australia. Its portfolio includes the Mt McKenna, Sunrise Bore and Mt Morgans South projects, where it is targeting mineralised greenstone stratigraphy and associated structural trends to define new gold resources.

Average Trading Volume: 741,328

Technical Sentiment Signal: Buy

Current Market Cap: A$20.64M

See more insights into PGM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1