- Platina Resources (PGM) commences a major exploration campaign at its recently acquired Beete and Brimstone gold projects in Western Australia
- Once permitting and logistics is finalised, Platina will begin drilling at Brimstone, which lies 40 kilometres northeast of Kalgoorlie
- Platina is close to finalising a cultural heritage agreement at Beete, covering the northern extent of the tenement with the Ngadjus people
- The company’s short-term plan is to focus its resources on the new projects where it believes the logistics and permitting processes can be completed quickly
- Shares in Platina ended the day steady at 1.8 cents
Platina Resources (PGM) has commenced a major exploration campaign at its recently acquired Beete and Brimstone gold projects in Western Australia.
As a priority, a soil sampling program will begin at Beete which lies 50 kilometres southwest of Norseman, an area that has not been systematically explored historically.
Once permitting and logistics is finalised, Platina will commence a drilling program at
Brimstone, which lies 40 kilometres northeast of Kalgoorlie.
Managing Director Corey Nolan said that Beete’s potential was very promising given its strategic location between the Norseman Mining Centre and Aruma Resources’ (AAJ) recently discovered Salmon Gums project.
“Gold was first discovered at Beete in 1958 and very-high-grade mineralisation was mined during the late 1950’s intermittently until 1976, highlighting the potential of the tenement.”
Platina is close to finalising a cultural heritage agreement at Beete covering the northern extent of the tenement with the Ngadjus people.
Concurrently, the company has submitted a program of works (POW) application with the Department of Mines, Industry, Regulation and Safety (DMIRS) to commence an auger
drilling program.
At Brimstone, a POW application has been approved and heritage survey clearances have been obtained for the Garibaldi prospect.
Currently, Platina is in discussions with the cultural heritage groups with a view to obtaining clearances for drilling on other prospects so it can commence a comprehensive multi-prospect drilling program in early February.
For the company’s other projects, Platina’s short-term plan is to focus its resources on the new projects where it believes the logistics and permitting processes can be completed quickly.
Work programs will be developed and implemented at the other projects later in 2023.
Shares in Platina held steady at 1.8 cents at market close.