"Podium Minerals (POD) | Processing Pathway | Not covered / No ratingMarket Cap $47 M | Current Price $0.14 | George RossPOD has provided an update on processing pathway for the Parks Reef PGM deposit
The Parks Reef PGM deposit has distinct oxide and sulphide ore domainsFlotation tests on sulphide ore exhibited good-excellent recoveriesAtmospheric leach tests show average-good recoveries for most metals from both oxide and sulphide ore typesSighter laboratory results suggest a PGM refinery feed product can be generated from leach solution which should offer technical and financial advantages over a concentrateComment: An excellent result for POD and a step down the path to unlocking value from the very large Parks Reef PGM deposit. The ability to use hydrometallurgical processes for PGM refinement is likely to yield superior costs advantages over a concentrate-pyrometallurgical refinement solution."
POD Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
