Platina Resources (ASX:PGM) Targets High-Priority Zones in Phase 3 Mt McKenna Drilling

2 min read | March 30, 2026 11:29 AM AEDT | By Sonal Goyal

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Platina Resources (ASX:PGM) Targets High-Priority Zones in Phase 3 Mt McKenna Drilling — Image source: Company update

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Highlights

Platina Resources has commenced up to 9,000m of aircore drilling across Targets 2 to 5 at Mt McKenna.

The drilling is planned to test anomalies identified through geophysical and geological studies.

The program forms part of a larger 20,000m drilling plan across three projects in the Laverton Gold District in 2026.

Drilling at Target 2 has resumed following delays caused by ground conditions and equipment issues.

Platina Resources Limited (ASX:PGM) has initiated Phase 3 aircore drilling at its Mt McKenna Gold Project in Western Australia, advancing exploration across multiple high-priority targets. The campaign forms part of a broader 2026 drilling strategy across the company’s key assets in the Laverton Gold District.

Drilling Targets Across Key Prospects

The company has commenced drilling activities across Targets 2, 3, 4, and 5. The Phase 3 campaign will cover up to 9,000m of aircore drilling. The program is designed to test anomalies and targets identified through geological mapping, geophysical interpretation, and ground gravity surveys.

Deferred Drilling at Target 2 Resumes

The current campaign also comprises nearly 3,000m of drilling at Target 2, which was postponed during the Phase 2 program in February due to ground conditions and mechanical issues with the drill rig. The company has submitted earlier drill samples for analysis and are waiting on the results.

Part of 2026 Exploration Pipeline

This phase contributes to a planned 20,000m of combined aircore and RC drilling scheduled for 2026. The drilling will be conducted across the Mt McKenna, Mt Morgans South and Sunrise Bore projects; all situated within the Laverton Gold District.

The commencement of Phase 3 drilling marks the continuation of exploration activities at the Mt McKenna Gold Project. The results from this program, alongside pending assay data, are expected to guide the next drilling phases across Platina’s projects in Western Australia.

PGM shares were trading at AUD 0.025 per share at the time of writing on 30 March 2026.

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