Platina’s Beete Gold Project is located in  a historical high-grade mining district near Norseman, and 10km south of Scotia gold deposit. Recent gold discoveries to the south highlight region’s significant potential.

The project’s Exploration Licence Application is located 50 km south
of Norseman and covers 134 square kilometres with access from the Coolgardie to Esperance Highway.

Historically, the region has hosted a number of high-grade gold mines while recent exploration conducted by other mining companies has returned high-grade gold and rare earth results. Pantoro Limited’s (ASX: PNR) Scotia deposit (0.9 Mozs) is located 12km north of Beete. The Scotia deposit forms part of the broader Norseman Gold Project which contains 4.78Moz Au of mineral resources (inclusive of the Scotia Centre resource).

In Q2 2024, a maiden 6,331m aircore drilling program over 202 holes has confirmed the presence of multiple new anomalous gold targets.

The drilling has confirmed the presence of a greenstone belt across the tenure (potentially the extension of Norseman greenstone belt), which was previously interpreted to be the Albany Frazer Orogeny. Further investigation will be carried out along this belt which could host high grade gold deposits like the Norseman mineralisation trend to the north.

Along with the greenstone identification and NE-SW potential 4km Beete Mine Trend, the drilling has served to interpret a major 16km long N-S shear zone. This shear zone starts from the north of the tenure and traverses through the historical Beete Mine.

Historical gold production at the Beete project occurred from 1958-165, 1968, 1974 and 1976 (no-production record pre-1974).

Historical production totalled 2,816 tonnes @ 24.8 g/t yielding 2,300 Oz with 7 mine shafts identified in total.

Historical reverse circulation (RC) drilling (mostly <50m depth) on the same structural strike to the south of the tenement, reported the following Au hits:

• 1m @ 5.8g/t
• 10m @ 1.7g/t
• 4m @ 2.7g/t
• 3m @2.32g/t

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