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An update from Platina Resources Limited ( (AU:PGM) ) is now available.
Platina Resources Limited has initiated diamond drilling at the Xanadu Gold Project’s Xanadu Deeps target, following a Western Australian Government grant that covers up to 50% of the drilling costs. The project aims to explore deeper sulphide mineralisation within a 10km corridor, potentially unlocking the full value of the site. Initially, drilling will focus on the Cleopatra South prospect to investigate an aero-electromagnetic anomaly, targeting deeper mineralisation that was previously inaccessible due to challenging drilling conditions.
More about Platina Resources Limited
Platina Resources Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company is engaged in gold mining projects, with a significant emphasis on its Xanadu Gold Project in Western Australia.
YTD Price Performance: 20.0%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $8.21M
See more insights into PGM stock on TipRanks’ Stock Analysis page.
