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5.1¢ podium minerals limited

Ann: Parks Reef PGM Mineral Resource Upgrade, page-67

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HeliosUK

2,447 Posts.

1053

26/02/22

11:00

Post #: 59839764
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Originally posted by pliks: ↑

Actually,if you search back on this thread, you will find the geological diagnosis of the Parks Reef origins by our fearless leader as being deposited from its volcanic origins as a flat "pancake" surface phenomena and then being turned up by crustal thrust to its present vertical-to-the horizon nature.This tends to indicate an in-depth (depth unknown but presently drills proving approx 200-300+mtr depth) nature of the deep PGM (plus base mineral) deposit which over time has been thrust from a flat nature to being on its side...and extending to an unknown down-thrust nature.The depth is the mystery we are trying to uncover by drilling downhole....we are anticipating proof that the deposit extends its boundaries down-hole to rich mine-worthy levels that could yield great riches for our enterprise...here's to seeing a very deep deposit of PGM's as the 15 kms of surface-exposure in itself is nothing to sneeze at.The 5E nature of the deposit puts an exciting element to the value of the PGMs at Parks Reef in the fact that just one of those elements is Rhodium whose today's value is $20,000/oz.

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Keeps me happily waiting in the sidelines, and I must admit I hadn't known this

POD Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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