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Platina Resources Limited ( (AU:PGM) ) has shared an update.
Platina Resources Limited has announced a significant discovery of gold mineralization along a major shear zone at its Challa Gold Project. The company also secured an Exploration Incentive Scheme (EIS) grant to diamond drill the Xanadu Deeps target in Western Australia, with drilling scheduled to commence in late January 2025. This development enhances Platina’s exploration activities, supported by a healthy cash balance of $12.3 million, positioning the company for potential growth and further exploration success.
More about Platina Resources Limited
Platina Resources Limited is a leading exploration company focused on leveraging cutting-edge technology and innovative strategies to explore high-potential projects. The company aims to create shareholder value through exploration, feasibility, and monetization via sale, joint ventures, or development, while committing to sustainable and responsible practices for the prosperity of local communities and environmental preservation.
YTD Price Performance: 30.0%
Average Trading Volume: 246,182
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $8.23M
See more data about PGM stock on TipRanks’ Stock Analysis page.
