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Platina Resources Limited ( (AU:PGM) ) just unveiled an announcement.
Platina Resources Limited has announced the acquisition of the Sunrise Bore Gold Project, which expands its landholding in the Laverton region of Western Australia. This acquisition is strategically significant as it complements the nearby Mt McKenna Project and is located near the multi-million-ounce Sunrise Dam gold mine. The project has not been explored with modern techniques since 1998, presenting an opportunity to quickly build a mineral resource through systematic drilling. The strategic location near infrastructure and processing plants, along with shared Native Title Group, is expected to streamline operations and engagement, potentially enhancing Platina’s industry positioning.
More about Platina Resources Limited
Platina Resources Limited is a mining company focused on the exploration and development of gold projects. The company operates primarily in the Laverton district of Western Australia, with a market focus on expanding its tenement footprint and enhancing its mineral resource base through strategic acquisitions.
YTD Price Performance: 82.35%
Average Trading Volume: 1,955,364
Technical Sentiment Signal: Buy
Current Market Cap: A$19.99M
For detailed information about PGM stock, go to TipRanks’ Stock Analysis page.