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Platina Expands Laverton Gold Footprint and Defines 1.5km Mineralised Trend at Mt McKenna

Story Highlights
  • Platina expanded its Laverton gold footprint and strengthened its balance sheet during the quarter.
  • Maiden drilling at Mt McKenna defined a 1.5km gold structure and set up deeper follow-up programs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Platina Expands Laverton Gold Footprint and Defines 1.5km Mineralised Trend at Mt McKenna

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Platina Resources Limited ( (AU:PGM) ) has shared an update.

In the December 2025 quarter, Platina Resources expanded its Laverton footprint to more than 312km² through the conditional acquisition of the Mt Morgans South and Sunrise Bore gold projects, complementing its 100%-owned Mt McKenna Project east of Laverton. At Mt McKenna, the company completed its maiden 6,056m aircore drilling program at the northern section of Target 2, defining a coherent 1.5km mineralised gold structure and a second arsenic-gold anomalous zone that remains open to the south, setting up follow-up reverse circulation and deeper drilling across multiple targets. Together with an early release of a US$1.0 million scandium project warranty retention bond that has strengthened its balance sheet, these exploration results and planned programs position Platina to advance its gold discovery potential and enhance its standing within the Laverton gold district.

The most recent analyst rating on (AU:PGM) stock is a Hold with a A$0.04 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 mineral exploration company focused on gold projects in Western Australia’s Eastern Goldfields, particularly around Laverton. The company aims to build a portfolio of high-potential exploration assets, leveraging advanced geophysical tools, systematic drilling and a specialised technical team to identify and develop multi-million-ounce style deposits in established gold districts.

Average Trading Volume: 699,207

Technical Sentiment Signal: Buy

Current Market Cap: A$23.22M

For detailed information about PGM stock, go to TipRanks’ Stock Analysis page.

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