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Platina Resources (ASX:PGM) has confirmed its receipt of Exploration Incentive Scheme (EIS) co-funding from the WA State Government to underpin its next drill run. EIS payments are a WA government initiative to shore up critical and precious metal projects in the state by providing junior explorers partial funding a bid to boost the chances of finding new large deposits onshore WA broadly. Both hard rock miners and oil and gas drillers are eligible. Preparing to conduct a diamond drill run at its Xanadu Gold Project (XGP), the Cook government has chucked a relatively paltry $54,700 at Platina …

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