For thousands of other reports visit RSC's Mineral Intellingence Map
Podium Minerals Ltd.
Summary
| Project: | WRC | |
|---|---|---|
| Deposit: | Parks Reef | |
| Location: | Australia | |
| Commodities: | Gold-Platinum-Palladium | |
| Date: | 4/13/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-4-2018: Podium Minerals Ltd. announces an Exploration/Drilling Update report for its Parks Reef deposit at the WRC project. Drilling results incl. 19m @ 1.09g/t Pt, 0.85g/t Pd, 0.11g/t Au from 5m. Podium Minerals Limited (‘Podium’ or the ‘Company’) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Doug Cook (Internal) | |
| ABSTRACT: | Podium Minerals Limited (‘Podium’ or the ‘Company’) is pleased to announce that initial results from its maiden drilling program have recorded significant platinum group metal (PGM) mineralisation in Parks Reef. The first phase of the maiden drilling program comprising 22 holes for 1,386m of RC drilling has been successfully completed. The drilling extends over approximately 2.2km of the identified 15km strike length of Parks Reef with hole depths up to 90m. Drill samples from the remaining holes are currently undergoing laboratory analysis with results anticipated to be released in the coming weeks. The second phase of the program includes 12 planned holes for approximately 1,700m RC drilling underneath the completed drilling. This will extend the geological model for Parks Reef to a vertical depth of 100m to 150m below surface. Due to maintenance requirements on the current drill rig a second rig will be mobilised for this next phase of the program. The rig change will extend the drilling program by approximately 2 weeks however the drilling to date is expected to generate sufficient data and samples to progress metallurgical testwork which is planned in advance of finalising a maiden resource estimate. The second phase of the program will also include further RC drilling to test targets for the WRC Nickel-Copper Sulphide Project. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report