ewww...
I think you are right. I would mold in PLATINUM to reduce any shrinkage.
For your new master castings if you use resin, its going to shrink due to the heat in generates.
Make your mold, then spray it with primer. I would use a polyester primer like sandable DURACOAT.
Then hit it with Bondo, mixed with fiberglass (60/40) each kicked respectively, done as a gloss coat, the backed with fiberglass might reduce any shrinkage and provide you with a nice workable master.
Frank