Ann: Successful Drilling Continues as Stage 10 Holes Hit Targets, page-7

Great results IMHO

One of the best from STAGE-9 program

-22m at 2.04g/t 3E PGM (1.39g/t Pt, 0.61g/t Pd and 0.04g/t Au) from only 17m!!!!

GAL ?? POD resource will be much larger IMHO and run to 1km deep ... Massive reef system


All Stage 10 intercepts will be tested for the presence of highly valuable rhodium, iridium and base metals (copper and nickel) that will inform our 5E3 PGM resource upgrade



Podium’s Managing Director and CEO - Sam Rodda commented: “Stage 10 drilling continues to demonstrate why we are so excited by the Parks Reef Project.

“Initial holes informing the Exploration Target have all intersected the PGM reef, illustrating high grade zones and significant ore-body widths along a target that is shaping up to have sufficient size to be globally significant.

These recent results indicate that mineralisation extends to 250m depth, and our previous deep drilling has shown the mineralisation presents at 500m and is open beyond. The consistent nature of the mineralisation across the 15km extent gives the Company confidence that Parks Reef is a massive 5E PGM opportunity. “As Podium finalises the Stage 10 campaign, we have already begun working on the approach for the next phase of exploration to a depth of ~350m.

This will be followed with the commencement of further tight-space infill drilling to build geological confidence in the identified higher-grade zones. This will all contribute to a scoping study that will support our trajectory towards becoming Australia’s first PGM producer.