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Platina Resources Limited ( (AU:PGM) ) just unveiled an update.
Platina Resources has completed a new ground gravity survey at its Mt McKenna Gold Project in Western Australia, identifying multiple structural drilling prospects within high-priority Targets 3, 4 and 5. Integrated with existing geological and geophysical datasets, the survey has improved understanding of subsurface architecture and potential controls on gold mineralisation.
Subject to final cultural heritage clearances, the company plans up to 8,000m of Phase 3 aircore drilling in late March to test these new prospects, as part of more than 20,000m of planned drilling across its Laverton district projects in 2026. Phase 2 aircore drilling at Target 2 has been partially completed but temporarily deferred due to drill rig mechanical issues, with remaining metres to be finished alongside the Phase 3 program, underscoring Platina’s intensifying exploration push in the region.
The most recent analyst rating on (AU:PGM) stock is a Hold with a A$0.03 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 Laverton Gold District. Its key assets in the region include the Mt McKenna, Sunrise Bore and Mt Morgans South projects, where the company is advancing aircore and reverse circulation drilling programs to define and expand gold mineralisation.
Average Trading Volume: 755,693
Technical Sentiment Signal: Buy
Current Market Cap: A$21.28M
See more data about PGM stock on TipRanks’ Stock Analysis page.