Maiden Aircore Drilling at Mt McKenna Yields 1.5km Gold Mineralised Trend

Exploration Breakthrough at Mt McKenna

Platina Resources Limited (ASX – PGM) has announced encouraging results from its inaugural aircore drilling campaign at the Mt McKenna Gold Project in Western Australia. The program, designed to probe beneath a thin transported cover, successfully delineated a coherent 1.5-kilometre gold mineralised structure, alongside a notable arsenic anomaly stretching 250 metres. These findings provide a compelling foundation for the next phase of exploration.

Details of the Drilling Program and Results

The Phase 1 aircore program comprised 126 holes totalling 6,056 metres, focused on the northern section of the Target 2 area. The drilling intersected multiple mineralised trends within the Archean greenstone lithologies typical of the Yilgarn Craton. Assays revealed gold intercepts such as 1 metre at 0.64 grams per tonne from 33 metres depth, and broader zones including 11 metres at 0.36 grams per tonne from 36 metres. Importantly, many holes ended in mineralisation, suggesting the potential for extensions at depth.

Complementing the gold results, a 250-metre strike length arsenic anomaly with concentrations up to 1,750 parts per million was identified, coinciding with anomalous gold values and located near a known gold nugget area. This anomaly remains open to the south, highlighting further exploration upside.

Strategic Next Steps and Regional Context

Platina plans to advance with reverse circulation drilling to test the depth potential of these mineralised structures. Concurrently, cultural heritage clearances and ground gravity surveys are scheduled to facilitate exploration across additional targets within the tenement. The company’s methodical approach integrates geological mapping, geophysical data, and geochemical sampling, mirroring successful strategies employed elsewhere in the Laverton gold district.

Located approximately 13 kilometres east of Laverton, the Mt McKenna Project sits within a highly prospective region known for orogenic lode-type gold deposits. Platina’s 100% ownership of the tenement, coupled with a Native Title Agreement in place, positions the company well to progress exploration efficiently.

Implications for Platina and Investors

While the assay results are preliminary and true widths of mineralisation remain to be established, the identification of a substantial mineralised corridor is a positive development. The upcoming deeper drilling and geophysical surveys will be critical in defining the scale and economic potential of the gold system. Investors will be watching closely as Platina moves from initial discovery towards resource definition.