Podium Minerals has tabled an array of high-grade intercepts from drilling at its Parks Reef PGM discovery in WA. Exploration across the central and eastern sectors of the emerging deposit has delivered some exciting results including 46 metres at 2.01 grams per tonne 3PGM from only 12m and 7m at 5.75 g/t 3PGM, which includes an impressive 1m at 25.74 g/t 3PGM from 89m down-hole.
Podium Minerals is rapidly filling in the gaps along 15km of strike at its Parks Reef platinum group element discovery in WA's Mid West. Multiple drill hits spanning around 1.2km of strike in the “eastern sector” of Parks Reef have turned up some remarkably consistent PGM mineral intercepts, including 13m at 1.49 g/t three-element platinum group metals from 57m.
Podium Minerals is drilling again at its Parks Reef platinum group element discovery in WA's Mid West as it sets about filling in up to 6.5km of strike length along the mineralised trend which now totals around 15km. Drilling to date has delivered an inferred mineral resource containing almost 1.4Moz of combined platinum, palladium and gold, plus some base metal credits.
Podium Minerals continues to extend its Park Reef discovery in WA, with its maiden drilling program across the eastern extensions of the deposit returning a wealth of PGM mineralisation. Systematic drilling has delivered a bounty of precious metal intercepts including 12 metres at 2.56 grams per tonne 3PGMs from 33m and 21m at 1.47 g/t 3PGMs from 103m down-hole.
Podium Minerals is set to pocket $2.4 million after finalising a deal with privateer, EV Metals Australia, for its nickel tenure north of the Parks Reef PGM deposit in WA. ASX-listed Podium, will peg a new mining lease to secure its position over the Parks Reef deposit, with EV Metals set to take ownership of the balance of the existing Weld Range tenure.
ASX-listed Podium Minerals has revealed a significant metals inventory lift at its Parks Reef PGM project in the heartland of the Murchison province of WA. The company unveiled an increase of 22 per cent in its three elements of platinum group metals to 1.39 million ounces and an impressive 44 per cent increase in the overall copper content to 53,900 tonnes.
Today's board moves wrap includes Caedmon Marriott, Lincoln Ho, Troy Flannery, Campbell Olsen, Maddison Cramer, Andrew Wackett, Eric de Mori, Elissa Brown, Peter Gilmour, Lisa Wynne, and Steve Harding.
ASX-listed Podium Minerals has flipped the switch on an accelerated RC drilling campaign at its Parks Reef PGMs project in the Mid West region of WA as it looks to extend mineral resources across the entire 15km strike length within the company's ground. While the drill rods start turning, the company is also nearing completion of a resource upgrade incorporating results from earlier RC drilling.
ASX-listed platinum group metals explorer, Podium Minerals, has commenced resource modelling that envisages a continuous resource block of about 6.1km at its Parks Reef PGMs project in the Mid West region of WA. The Perth-based company may also have topped up its combined platinum, palladium and gold resource with potentially more base metals and rhodium credits following encouraging intersections from a recently completed RC drilling program.
ASX-listed platinum group metals explorer, Podium Minerals, is aiming for an upgraded resource estimate next month for its Parks Reef PGM project in the Mid West region of WA following more encouraging results from rock chip sampling work. The company is targeting a near-surface resource of between 1.5 million ounces and 2.6Moz of PGMs.
Podium Minerals has continued its winning streak as it races towards proving up Australia's first economic PGM deposit at the Parks Reef project in WA. Ongoing drilling has extended the footprint of the company's discovery to nearly 7km of strike with results returned including intercepts of 19m at 2.11 g/t platinum group metals. The company is presently modelling its latest drill results for inclusion in an updated resource scheduled for release in October 2020.
ASX-listed platinum group metals explorer Podium Minerals has boosted its coffers by another A$1.1 million after receiving a payment of $711,000 from EV Metals Group for tenement-related costs. Perth-based Podium is also looking to offload its 17 per cent shareholding in EV Metals, who holds the oxide mining rights excluding PGM mineralisation within Podium's Parks Reef project area in the Mid West region of WA.
Podium Minerals has kicked off on a resource drilling program at its Parks Reef platinum group metals deposit near Cue. The company aims to link up and fill in the gaps in the Parks Reef resource where there is little to no existing drilling and extend the total modelled resources over a combined length of 8.5 kilometres.
Podium Minerals is about to embark on a resource drilling program to test the prospective 15km strike length of its Parks Reef platinum group metals deposit near Cue. The company is aiming to define continuity in its west resource sector over a 6.1km length within the 15km Parks Reef zone. Drilling is also aimed at increasing the combined total strike length of resources within the reef to an impressive length of 8.5km.
Our daily board moves wrap includes Mark Bolton, Clayton Dodd, Tom Stynes, Grant Osborne, Jani Surjan, Louie Simens, James Allchurch, and John Kopcheff.
Podium Minerals' non-executive chairman and major shareholder, Clayton Dodd has stepped up into the executive chair role in a move that is part of a plan to cut corporate overheads by $300,000 per annum whilst continuing to leverage the expertise of the existing management team. Podium's CEO, Tom Stynes will step down but will continue to manage the company operations and Grant ‘Rocky' Osborne has resigned as a director in support of the cuts.
With rhodium and platinum touching record prices, Podium Minerals has revealed a swathe of notable rhodium assays at its Parks Reef PGM project near Cue in WA. Demand for the rare metal is forecast to soar ahead of its increasing use as a catalyst in automotive catalytic converters, a vehicle part that cleans up exhaust fumes. The company is now looking at rhodium as a potential “credit” metal, with re-assay results averaging about 3% to 4% rhodium within the platinum, palladium plus gold zones across the entire Parks Reef deposit.
Podium Minerals has just booked a stellar PGM resource upgrade at its Parks Reef platinum, palladium plus gold project near Cue in Western Australia, that also boasts some copper and nickel credits. A 54% upgrade in the inferred mineral resource has delivered 1.14m oz of contained platinum, palladium plus gold and the copper credits now stand at 37,300 tonnes of contained copper.
Podium Minerals has just revealed a suite of base metal results to add to its impressive platinum, palladium plus gold intercepts at its Parks Reef project, near Cue in WA. With mineralised strike extending up to 15 kilometres, the latest results have provided a shot in the arm for Podium's impending resource update. The latest encouraging assays include include 11 meters grading 3.13 grams per tonne platinum, palladium plus gold and 0.26% copper from just 20m downhole.
Podium Minerals is aiming to become the first platinum mining operator in Australia when it lists on the ASX in February. The Perth-based explorer is looking to raise $6.6million for infill drilling and extended exploration campaigns to define a platinum-palladium resource at the Weld Range Complex in Western Australia. The company also has a number of strong potentially nickel and copper conductors at the project.