New exploration prospects defined at Beete Project, Western Australia

New exploration prospects defined at Beete Project, Western Australia

Platina Resources Limited (ASX: PGM) Phase 2 aircore drilling program has generated new prospects for follow up exploration work at its Beete Project in Western Australia.


Platina recently completed 38 aircore drill holes for 1,338m at the Beete Project. The program comprised infill and step-out holes designed to follow up the 2024 first-phase results and has successfully defined two new prospect areas along the 16km north–south-trending Beete Shear Zone.

The 2024 drill holes were wide spaced (320m between holes and 640m between lines). The recent drilling program targeted five anomalous lines. Two lines, zones 180m and 105m in width, intersected bottom-of-hole gold values ranging from 3ppb to 82ppb. The best result was 1m @ 0.13 g/t Au from 17m in BEAC206, within a broader zone of 7m @ 52ppb Au from 16m.

Platina Managing Director, Mr Corey Nolan, said the results demonstrated that systematic and cost-effective exploration was key to building a strong pipeline of targets across the greenfield tenure.

“The two new prospect zones, together with the Beete mine area at the southern end of the tenement, will be the next focus for exploration,” Mr Nolan said.

“The project was initially interpreted to lie within the Albany–Fraser Orogeny and Platina’s 2024 drilling confirmed the area is an extension of the Norseman greenstone belt.

“The presence of Norseman greenstone and the delineation of three broad prospect areas along a 16km major shear zone is highly encouraging. Platina intends to advance exploration through additional geophysical surveys and follow-up reverse circulation drilling,” he said.


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This article includes content from Platina Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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