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Platina Resources (ASX:PGM) and Revolver Resources (ASX:RRR) to Present Key Updates at Mines and Money 5@5 Webinar

August 28, 2024 12:58 PM AEST | By Aditi Sarkar
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Highlights

  • The Mines and Money 5@5 webinar will feature Platina Resources and Revolver Resources, offering insights and updates from both companies.
  • Platina Resources will present updates on its high-potential gold projects.
  • Revolver Resources will showcase advancements at its Dianne Copper Mine and discuss recent funding achievements.

ASX-listed Platina Resources Limited (ASX:PGM) and Revolver Resources Holdings Limited (ASX:RRR) will be participating in the Mines and Money 5@5 webinar, showcasing market commentary and project updates from five promising junior mining companies.

The event will feature an interactive Q&A session with a panel of qualified investors, providing attendees with a unique opportunity to engage directly with industry experts and gain insights into the latest developments and opportunities in the mining sector.

Platina Resources: Advancing Gold Exploration in Western Australia

Platina Resources is advancing high-potential gold exploration projects in a premier gold jurisdiction. Its three priority projects are the Beete project, the Xanadu project, and the Brimstone project. The ASX-listed company is targeting tier one discovery, appraisal, and development opportunities in the Ashburton Basin and Yilgarn Craton region of Western Australia.

Platina Resources Managing Director Corey Nolan will present the latest updates on the company’s projects. Recent efforts have concentrated on the Beete Gold Project near Norseman, where the company has identified promising anomalous gold targets following an extensive maiden aircore drilling program. The drilling, totaling 6,331m across 202 holes, has confirmed the presence of a greenstone belt across the tenure, potentially extending the Norseman greenstone belt.

Looking ahead, further exploration will be conducted along this belt. It is expected to host high-grade gold deposits similar to the Norseman mineralisation trend to the north. Upcoming activities for the fourth quarter of 2024 will involve infill aircore drilling, closely spaced drone magnetic surveys over identified target areas, and detailed geochemical analysis.

Revolver Resources: Advancing Developments at Dianne Copper Mine

Revolver Resources Holdings Ltd (AU:RRR) is focused on advancing its Dianne project and Osprey project, two district-scale copper projects. The ASX-listed company has a significant pipeline of high-potential drill targets set for testing through teh second half of 2024.

Mr. Pat Williams, Managing Director of Revolver Resources, will discuss the latest advancements at the company’s Dianne Copper Mine.

Recently, Revolver signed a Memorandum of Understanding (MoU) with the China Copper Industry Investment Alliance (CCIIA), outlining plans for offtake and funding arrangements for the Dianne Mine. The agreement will explore both technical and commercial aspects of copper cathode delivery and work towards finalising sale agreements.

Additionally, Revolver Resources has secured substantial pre-construction funding. The Queensland Government’s Critical Minerals and Battery Technology Fund has awarded the company a grant of AU$1.3 million to support the project's development and advancement.

RRR has also entered into a convertible note facility agreement with Obsidian Global GP, LLC. This agreement has provided an immediate cash injection of AU$900,000, which will be directed towards progressing pre-development workstreams at the company’s Dianne Copper Mine.

Webinar Details

The webinar is scheduled for Thursday, 29 August 2024.

  • Time: 5 pm - 6 pm Sydney / Melbourne | 8 am - 9 am London | 3 pm -  4 pm Perth / Beijing | 9 am - 10 am Cape Town
  • Registration: Free! [Secure your spot here]

 


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