Platina Managing Director, Mr
Eight out of 14 aircore holes drilled on the Brandy structure and four out of nine holes drilled at Billabong North intersected mineralisation. The Brandy shear zone is interpreted to be the northern extension of the Penny's Find shear zone, which hosts the Penny's Find gold deposit and drilling on the Brandy structure and Billabong North intersected mineralisation'.
We are very excited with the results from the Brandy Prospect as it replicates similar up dip intercepts from the Penny's Find gold deposit, which becomes a wider mineralised zone at depth. The recent drilling has still not closed off the mineralisation and the 350m shear is expected to extend for up to 800m. 'Further drilling will be required at Old Camp to better define the mineralisation of the interpreted structures from the recent results. Historical drilling at Old Camp has indicated the presence of a strong northwest-southeast trending mineralised structure.' A reverse circulation drill program is being planned for June to test the mineralisation at depth and along strike at Brandy, Garibaldi, Old Camp and Billabong North.
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Platina is an Australian-based company focused on advancing early-stage metals projects through exploration, feasibility, and permitting towards development. Shareholder value is created by monetising the projects through either sale, joint venture or development. Platina controls a 100% interest in a portfolio of gold projects in the Yilgarn Craton and
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