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Platina Resources forms joint venture with Artemis targeting gold

Exploration data is now being reviewed to determine a gold focussed work program.
two puzzle pieces drawn on chalk board with the words joint venture
The company's focus remains its Owendale Scandium-Cobalt-Nickel Project

Platina Resources Ltd (ASX:PGM) and joint venture partner Artemis Resources Ltd (ASX:ARV) will target conglomerate-hosted gold potential at their Munni Munni Project joint venture.

Artemis earned a 70% interest in the now 70:30 joint venture by spending $750,000.

Munni Munni is located in the Pilbara region of Western Australia and is 20 kilometres from Artemis’s 100% owned Radio Hill processing facility.

READ: Platina Resources progressing towards development at Owendale Scandium-Cobalt-Nickel Project

Although the project hosts one of Australia’s most significant platinum group metal (PGM) occurrences, Artemis has now identified potential gold opportunities.

The joint venture geologists will review all the recent exploration work and data to determine a gold focussed work program.

The program would test the structural setting for possible conglomerate or paleo-placer gold targets.

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