AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- Platina Resources has commenced Phase 2 drilling at the Brimstone gold project.
- The project lies in close proximity to Penny’s Find gold deposit, which reported significant intersections.
- The campaign is focused on Old Camp, Brandy, Garibaldi and other priority targets.
- Additional cultural heritage survey for drill testing southern targets is planned.
Platina Resources Limited (ASX: PGM) has kicked off phase 2 drilling at Western Australia-based Brimstone gold project.
Brimstone is close to the Penny’s Find gold deposit and the Kanowna Belle gold mine.
The 3,500m reverse circulation (RC) drill campaign will test priority targets, including Old Camp, Brandy, and Garibaldi.
At the nearby Garibaldi prospect, shallow and close space drilling was conducted further to the east; apart from this, no follow-up work has been undertaken through a systematic exploration campaign.
The drilling program follows the maiden ~4,300m air core drilling campaign, which discovered a strongly mineralised structure at the Brandy prospect.
Click here to know more about the advances made by Platina Resources across its Western Australian gold portfolio.
High-Grade Potential of Priority Targets
Corey Nolan, Managing Director of Platina, mentioned that the new drilling program is focused below the shallow aircore anomalies with the intent to define higher-grade and broader intersections noted at the Penny’s Find gold deposit to the south or at Garibaldi prospect.
Data source: Company update
After the completion of drilling on northern tenements on Brimstone, PGM plans to undertake a new cultural heritage survey for drilling the southern targets, covering the Jammie Dodger prospect.
Shares of PGM last traded at AU$0.029 apiece on 12 September 2023.