Ann: Podium Increases Resource by 27% to 7.6Moz 5E PGM, page-15

2km+ potential depth - Understatement of the year - “this is significant”!

“In June 2023, Podium engaged Mira Geoscience to conduct a modelled interpretation of historic aeromagnetic data aimed at informing the depth potential of Parks Reef.

This work concluded that the mafic/ultramafic contact, which in resource drilling to date has been shown to be directly above the PGM zone at Parks Reef, likely extends to at least 2km vertically below the surface and remains open at depth (Figure 4).

This is significant as Podium’s existing Mineral Resource Estimate of 6.0Moz 5E PGM6 plus base metals of copper, nickel and cobalt has to date only been modelled to 250m below surface.”