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Podium Minerals Ltd.
Summary
| Project: | WRC | |
|---|---|---|
| Deposit: | Parks Reef | |
| Location: | Australia | |
| Commodities: | Gold-Platinum-Palladium-Copper-Nickel | |
| Date: | 2/3/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-2-2020: Podium Minerals Ltd. announces a Resource Estimation report for its Parks Reef deposit at the WRC project. Updated mineral resource estimate for project. Podium Minerals Limited (‘Podium’ or the ‘Company’) is pleased to announce a substantial up | |
| Resources: | ||
| CP/QP: | [Resources]: Vanessa O’Toole (Snowden Mining Industry Consultants Pty Ltd.) | |
| ABSTRACT: | Podium Minerals Limited (‘Podium’ or the ‘Company’) is pleased to announce a substantial upgrade in the Mineral Resource estimates for Parks Reef with contained metals increasing to a total of 1,140,000 ounces of combined platinum, palladium and gold plus base metal credits with 37,300 tonnes copper. Chief Executive Officer Tom Stynes commented, “The systematic approach to our drilling has allowed us to efficiently compile a substantial resource base while building confidence in the ultimate potential of Parks Reef. The recent drilling has taken us well over the 1 million ounce milestone which lays the foundations for the next stages of our work with further resource extensions plus testwork and engineering to define a pathway to production for the project. The outlook for the PGM market remains very positive with continued price increases being driven by strong market fundamentals and Podium provides unique exposure to this market with an Australian based project.” | |
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