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Platina Resources Limited ( (AU:PGM) ) has issued an update.
Platina Resources Limited has significantly increased its landholding in the Laverton mineral district by acquiring the Mt Morgans South Gold Project from Genesis Minerals Limited. This acquisition, which includes multiple exploration and prospecting licenses, nearly doubles Platina’s presence in the area and allows for synergized exploration activities with its nearby projects. The strategic location of Mt Morgans South, surrounded by major gold operations and prospects, enhances Platina’s potential for discovering significant gold deposits, reinforcing its position in the competitive gold mining sector.
More about Platina Resources Limited
Platina Resources Limited operates in the mining industry, focusing primarily on gold exploration and development. The company is engaged in expanding its exploration footprint in Western Australia’s Laverton district, a region known for its rich mineral deposits.
Average Trading Volume: 1,826,116
Technical Sentiment Signal: Buy
Current Market Cap: A$19.35M
For detailed information about PGM stock, go to TipRanks’ Stock Analysis page.