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Platina Resources (ASX: PGM) identifies new mineralisation structures at Brimstone Gold Project

June 01, 2023 02:02 PM AEST | By Ankit Sethi
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Highlights

  • Drilling at the Brimstone Gold Project has defined mineralisation at the Brandy Prospect and the Billabong North Prospect
  • Platina Resources states that the mineralised structures found at the Project are open along strike and down dip
  • Company's Managing Director has confirmed the next step is RC drilling shallow aircore anomalies to identify broader and higher-grade intersections

Australia-based explorer Platina Resources (ASX:PGM) -- concentrated on advancing early-stage metals projects -- has informed about new multiple mineralised structures identified at the company's WA-located Brimstone Gold Project. PGM has completed the maiden 4,381m aircore drilling program at the site and the presence of new mineralised gold structures has been confirmed.

Notably, Platina Resources stated that the 85-hole drill program has identified a "strongly mineralised" 350m long structure at the Brandy Prospect. This structure could extend up to 800m in length. Besides, strong mineralisation is also identified at the Billabong North Prospect.

Source: Company update

Broad zones of gold mineralisation

Platina's 85-hole drilling has confirmed strong mineralisation at Brandy (potentially extending up to 800m length) and at Billabong North (over 120m). The mineralised structures identified in aircore drilling are open along strike and down dip.

Significant assay results from Platina's aircore drilling program are in the below picture. 

Source: Company update