POD 0.00% 3.8¢ podium minerals limited

Ann: Parks Reef Resource Doubles to 6Moz 5E PGM, page-31

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    Here’s a more readable version

    POD should step up their comms to help put all this in perspective. An analyst’s research report would help too. Guess they need scoping study first to provide something tangible to a decent analyst.

    ”Two high-grade zones that exist also exhibit high continuity, one in the upper part of the reef (hanging wall) and one in the lower part of the reef (footwall). Both zones appear to be consistent in width. The WRC can be grossly divided into ultramafic and mafic zones, with the reef occurring within the ultramafics.

    Similarities exist between ultramafic cumulates of the WRC and those of the other large PGM occurrences in South Africa (Bushveld Complex) and in the US (Stillwater Complex), that supply a significant proportion of the current global PGM production. The similarities include the presence of “stacked” high grade zones generally a metre or so wide, and consistency in grade and widths over large distances both along strike and down dip.

    Unlike these South African occurrences, Parks Reef does not have the occurrence of high chromite grades associated with the thin, metre-wide chromatite bands in proximity to the high-grade PGM occurrences.”

    https://podiumminerals.com/news/parks-reef-resource-doubles-in-size-to-6-0moz-5e-pgm/
 
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