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Platina Resources Limited ( (AU:PGM) ) has provided an update.
Platina Resources Limited has acquired the Mt McKenna Gold Project in the Laverton gold district of Western Australia, marking a significant step in its strategy to advance high-quality gold projects. The project, which is near drill-ready, offers substantial exploration potential and aligns with the company’s goal of generating shareholder value. The company has commenced exploration activities, including a gravity survey and surface sampling, with a focus on promising structural zones. The strategic location of Mt McKenna, near significant gold resources and recent acquisitions by other companies, underscores its importance and potential impact on Platina’s operations and market position.
More about Platina Resources Limited
Platina Resources Limited is an exploration company focused on advancing high-quality gold projects. The company leverages cutting-edge technology and innovative strategies, supported by a highly skilled technical team, to explore high-potential projects primarily in the gold industry.
Average Trading Volume: 2,168,775
Technical Sentiment Signal: Buy
Current Market Cap: A$17.41M
Find detailed analytics on PGM stock on TipRanks’ Stock Analysis page.