Platina Resources (ASX:PGM) has identified multiple new gold zones across a 1km mineralised corridor at its Mt McKenna Gold Project in Western Australia’s Laverton Gold District.
The company completed 10,809m of aircore drilling across 220 holes during two exploration phases, with results highlighting ‘significant’ gold intercepts at the Granite Well East prospect.
Key results from the southern drilling area include 1m @ 7.10 grams per tonne gold from 40m in hole MMKAC0239, ending just 1m above the bottom of the hole.
Nearby hole MMKAC0240 returned 4m @ 1.11g/t gold from 12m and 7m @ 0.61g/t gold from 36m, including 2m @ 1.41g/t gold from 40m, with mineralisation continuing to the bottom of the hole.
Additional intercepts include 4m @ 0.93g/t gold from 52m, including 3m @ 1.13g/t gold from 52m in hole MMKAC0194, ending at the bottom of the hole.
The northern drilling area at Target 2 returned 4m @ 4.69g/t gold from 16m in hole MMKAC0162 along the eastern mafic‑granite contact.
The company has defined a coherent north‑northeast-trending mineralised structure extending more than 800m at the Black Rock Prospect.
CEO Corey Nolan says the multiple mineralised zones “provide strong evidence for a potentially larger gold system beneath the weathered profile”.
“The presence of significant gold mineralisation at or near the bottom of several aircore holes highlights the opportunity for deeper discoveries and provides strong support for follow‑up reverse circulation (RC) drilling,” Nolan says.
The Granite Well East prospect sits at the intersection of two major geological domains, creating a structurally favourable setting.
Platina Resources has been awarded $109,200 under the Western Australian Government’s Co‑funded Exploration Drilling Program to support a 13‑hole RC drilling program at Target 2.
The company plans follow‑up aircore drilling at Granite Well East to infill and extend the recently identified gold mineralisation. Additional RC drilling will test the down‑dip and along‑strike continuity of the principal gold‑bearing structures.
Write to JC Villarba at Mining.com.au
Images: Platina Resources
