Platina Resources Limited (ASX: PGM) has commenced a cultural heritage survey and defined several new drill targets at its recently acquired Brimstone Gold Project, 40km north-east of Kalgoorlie, Western Australia.
The cultural heritage clearance covers Brimstone’s northern licences including five Prospecting Licences and the Garibaldi Mining Lease.
Platina Managing Director, Corey Nolan, said a geophysics reinterpretation and historical data review conducted since the project’s acquisition from Sangold Resources in November last year had helped define priority targets for drilling.
“A number of the new targets have been historically drilled to shallow levels including Old Camp and Garibaldi which has a historical intersection of 55m @2.07 g/t gold and 34m @2.80g/t gold. Drilling is planned to test the depth and strike potential of the system,” Mr Nolan said.
“Old Camp has more than 500m of interpreted shear zone associated with a strong gold in soil anomaly and only nine shallow drill holes within a 150m zone.
“New undrilled targets including Brandy and Billabong North have been identified through geological mapping and soil sampling programs. The Brandy prospect is interpreted to be located on the northern extension of Penny’s Find shear zone, approximately 2.3 km from Horizon Minerals’ Penny’s Find gold deposit and defined high-grade mineral resource,” he said.
Plans are underway for a Phase 1 drill programme to commence once cultural heritage and other statutory clearances are obtained. An additional cultural heritage survey would be required for the southern targets which includes Jammie Dodger following Phase 1 drilling.
The Brimstone tenements are located within a proven gold district in close proximity to the Penny’s Find gold deposit and 25km from Kanowna Belle gold mine. Apart from shallow and close spaced drilling at Garibaldi, this historical work has never been followed up with a systematic exploration campaign.
For further information please visit: https://platinaresources.com.au/
