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Highlights
- Platina will commence Phase 2 aircore drilling at Target 2 in late February, marking the first step in its 2026 exploration campaign.
- The company is advancing systematic exploration across a 20-kilometre strike corridor along the Granite Well Fault, with initial focus on high-priority Targets 4 and 5.
- An initial reverse circulation drilling program is scheduled for April.
Platina Resources Limited (ASX:PGM) is charging ahead with back-to-back drilling programs at its Mt McKenna Gold Project, a highly prospective asset in Western Australia. With detailed plans to conduct consecutive drilling campaigns across multiple high-priority targets, Platina is positioning Mt McKenna at the forefront of its 2026 exploration agenda. The initial programs form the opening stage of a broader 20,000-metre drilling strategy spanning four key projects, signalling a year of focused, sustained exploration activity.
Back-to-Back Drilling to Accelerate Exploration
The company is preparing to launch Phase 2 aircore drilling at Target 2, one of five prospective zones identified at Mt McKenna, where existing cultural heritage clearance is already in place. The program is scheduled to begin in late February.
The upcoming campaign will assess priority geochemical and geological anomalies. It follows Phase 1 drilling undertaken in November 2025, which identified multiple mineralised structures at Target 2.
This second phase marks the beginning of a sequence of drilling programs planned throughout 2026.
Expanding Focus Along the Granite Well Fault
In parallel with work at Target 2, the company will advance systematic exploration along approximately 20 kilometres of strike within the greenstone belt associated with the Granite Well Fault.
Initial efforts will centre on Targets 4 and 5. Activities will include detailed geological mapping, ground gravity surveys and additional geophysical programs aimed at refining aircore drill positions. Cultural heritage clearance surveys for these areas are expected to begin in late February, with drilling to follow once approvals are in place.
Targets 4 and 5 are considered high-priority zones due to the convergence of two regional structures near a diorite hill intrusive complex. Exploration has identified multiple features between this complex and a syenite intrusive to the west that display geophysical signatures comparable to those associated with the nearby Sickle-style gold deposit.
Pathway to Reverse Circulation Drilling
Data from Phase 2 drilling at Target 2, initial aircore results from Targets 4 and 5, and exploration datasets will be interpreted to define priority areas for reverse circulation (RC) drilling. The first RC drilling program is planned to commence in April, subject to the results of ongoing exploration activities.
Platina’s methodology aligns with exploration techniques applied in the Laverton region to identify gold orebodies, where near-surface depletion is common.
The planned back-to-back drilling programs at Mt McKenna mark the first stage of Platina Resources’ 2026 exploration strategy. With multiple targets advancing simultaneously and a pathway toward reverse circulation drilling in April, the company is progressing a structured program aimed at rapidly assessing and prioritising gold prospects across the project area.
PGM shares were trading at AUD 0.032 per share at the time of writing on 12 February 2026.
