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Podium Minerals Ltd. ( (AU:POD) ) has shared an update.
Podium Minerals has completed a multi-phase metallurgical and resource extension drilling campaign at its Parks Reef PGM project in Western Australia, finishing safely, on schedule and on budget. The program comprised diamond and reverse circulation drilling to collect bulk sulphide, oxide and Cu-Au zone samples, and to test resource continuity at depths of 300m to 500m along the 15km strike.
In total, 23 diamond and 4 RC holes were drilled for about 4,800 metres, delivering roughly two tonnes of PGM Zone bulk sulphide core for extensive concentrator flowsheet validation and optimisation test work. Assay results will be released in batches, while metallurgical testing on high-grade hanging wall material has already produced major product upgrades at strong recoveries, reinforcing the robustness and adaptability of Podium’s concentrator flowsheet.
The campaign also generated additional metallurgical material from deeper sulphide zones and shallow oxide sections to support process development across different mineralised domains. These efforts are expected to enhance understanding of Parks Reef’s resource continuity at depth and support the design and optimisation of processing pathways as Podium’s metallurgical program continues through at least the end of 2026.
More about Podium Minerals Ltd.
Podium Minerals Ltd. is an ASX-listed exploration and development company focused on its flagship Parks Reef Platinum Group Metals project in Western Australia. The company is advancing a platinum group metals, copper and gold resource, underpinned by development of a concentrator flowsheet and metallurgical programs aimed at optimising recovery from multiple mineralised zones along the 15km reef.
YTD Price Performance: -41.11%
Average Trading Volume: 3,347,848
Technical Sentiment Signal: Sell
Current Market Cap: A$52.45M
For an in-depth examination of POD stock, go to TipRanks’ Overview page.