en.Wedoany.com Reported - Platina Resources (ASX:PGM) has identified multiple new gold zones at the Mt McKenna Gold Project in the Laverton Gold District of Western Australia, distributed along a mineralized corridor approximately 1 kilometer in length.
The company completed 220 air-core drill holes totaling 10,809 meters across two exploration phases. The drilling results highlighted gold intercepts at the Granite Well East prospect. In the southern drilling zone, hole MMKAC0239 intersected 1 meter at 7.10 g/t gold from 40 meters depth, with the hole ending just 1 meter from the bottom of the mineralized zone. Adjacent hole MMKAC0240 intersected 4 meters at 1.11 g/t gold from 12 meters depth, and 7 meters at 0.61 g/t gold from 36 meters depth, including 2 meters at 1.41 g/t gold from 40 meters depth, with mineralization continuing to the bottom of the hole. Other intercepts include hole MMKAC0194, which intersected 4 meters at 0.93 g/t gold from 52 meters depth, including 3 meters at 1.13 g/t gold from 52 meters depth, ending at the bottom of the hole.
In the northern drilling zone at Target 2, hole MMKAC0162 intersected 4 meters at 4.69 g/t gold from 16 meters depth along the eastern mafic-granite contact. The company has confirmed a continuous mineralized structure trending north-northeast and extending over 800 meters at the Black Rock prospect.
Chief Executive Officer Corey Nolan noted that the presence of multiple mineralized zones "provides strong evidence for a potentially larger gold system beneath the regolith." Nolan stated that significant gold mineralization was observed at or near the bottom of multiple air-core holes, "highlighting the potential for deeper discoveries and providing strong support for subsequent reverse circulation (RC) drilling."
The Granite Well East prospect is located at the intersection of two major geological domains, creating a favorable structural setting. Platina Resources has secured A$109,200 in funding from the Western Australian Government's Co-funded Exploration Drilling Program to support a 13-hole RC drilling program at Target 2. The company plans to conduct follow-up air-core drilling at Granite Well East to infill and extend the newly discovered gold mineralization, and intends to test the down-dip and along-strike continuity of the main gold-bearing structures through additional RC drilling.
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