The program included an Induced Polarisation (IP) survey covering a 7km target section of the Xanadu gold trend distinguished by historic gold occurrences drilled within the Duck Creek Dolomite, where it is affected by the Nanjilgardy fault zone and its splays. Platina Managing Director, Mr
'Our recent work has contributed to our understanding of the structures and host rocks and enabled the company to confidently identify drill targets with potential for gold - sulphide mineralisation at depth,'
The IP data has identified a linear zone, defined by the margin of conductive and resistive features, which maps out a 6km strike length target zone. Along this target area several chargeable anomalies, potentially representing sulphide mineral with associated gold mineralisation, have been identified. Follow up dipole - dipole IP surveying has provided more detailed confirmation of the chargeable targets along this linear target. Reprocessing of airborne electromagnetics (AEM) data over the broader project area has also been completed.
This announcement was authorised by Mr
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