Platina Resources Ltd.

Mining

Platina Resources Limited (ASX:PGM) is a gold-focused explorer with assets in the world-class Western Australian provinces. The company was listed on the Australian Securities Exchange (ASX) on 29 May 2006.

The company deals with the exploration and development of projects focused on specialty, precious and base metals. Its strategy is to create a carefully chosen portfolio of projects at various development stages.  

Backed by its in-house expertise and experience, Platina identifies, acquires, explores, and develops mineral project opportunities.

Shareholder value is created by unlocking the value of the projects. The company advances these projects through exploration, feasibility, permitting and towards development and realises value through either sale, joint venture or development.

Platina Resources’ project portfolio primarily comprises the following:

Challa Gold Project (100% owned) – Platina wholly owns this Western Australian project. It is located in-between the gold-rich districts of Sandstone and Mt Magnet.

The project, which includes two high-quality exploration licences covering 293 sq km, sits within the Yilgarn Craton of Western Australia. Since the 19th century, Yilgarn Craton has been a prodigious gold producing province.  

Xanadu Gold Project – In April 2021, Platina signed a conditional term sheet to acquire the Xanadu Gold Project, which sits within the Ashburton province. The project comprises five exploration licences and seven prospecting licences, spread over 498 sq km.

The project is in close proximity to the Mt Olympus gold deposit, which is a multi-million-ounce asset.

Mt. Narryer Gold Project – The company lodged an application for an exploration licence (E 09/2423) at Mt Narryer South in July 2020. The project is located 580km north of Perth, Western Australia.

Munni Munni Platinum Group Metals & Gold Project (30% owned) – The Western Australian project is one of the most significant platinum group metal deposits in Australia.

Platina Scandium Project (100% interest) – The project, located in New South Wales, is one of the highest-grade scandium deposits, globally. It also holds the potential to emerge as the first scandium producer with nickel and cobalt credits in Australia.

Exploration-focused investments – Platina also has significant investments in Major Precious Metals (CSE:SIZE), Blue Moon Zinc Corporation (TSXV:MOON) and Nelson Resources Limited (ASX: NES). These investments offer significant value upside to Platina, as these investee firms progress with their projects. 

Contact Information

company address Level 2, Suite 9, 389 Oxford Street, MOUNT HAWTHORN, WA, AUSTRALIA, 6016

company phone(07) 5580 9094

company email[email protected]

company websitehttp://www.platinaresources.com.au

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