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Platina Resources Limited ( (AU:PGM) ) has provided an announcement.
Platina Resources Limited has identified new exploration prospects at its Beete Project in Western Australia following a Phase 2 aircore drilling program. The drilling, which included 38 holes, defined two new prospect areas along the Beete Shear Zone, indicating potential for significant gold deposits. The results suggest that systematic exploration is crucial for developing a robust pipeline of targets. The company plans to conduct further geophysical surveys and reverse circulation drilling to advance these prospects, potentially strengthening its position within the mining sector.
More about Platina Resources Limited
Platina Resources Limited is a company operating in the mining industry, focusing on exploration and development projects. Its primary activities involve the exploration of mineral resources, with a particular emphasis on gold and other valuable minerals. The company is actively engaged in projects located in Western Australia, aiming to expand its resource base and enhance its market position.
YTD Price Performance: 29.41%
Average Trading Volume: 457,601
Technical Sentiment Signal: Hold
Current Market Cap: A$13.71M
For an in-depth examination of PGM stock, go to TipRanks’ Overview page.