POD podium minerals limited

I appreciate the kind words. Voters haven't in recent decades...

  1. 1,499 Posts.
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    I appreciate the kind words. Voters haven't in recent decades demanded honesty in politics as their highest priority, which means that we tend to elect the best liars. Corruption is the natural state when there's a bottomless cookie jar, that is, money-printing, and it isn't guarded by strong moral vigilance in the voting populace. The temptations can become too great for politicians, bankers, and others. That's our situation I believe, in the USA, here in Australia, and elsewhere. The proof is the runaway debt. However, you folk know this point of view, and it's off-topic. Back to POD.

    POD tried stepping out laterally to Parks reef in five drill holes. The results were mixed at best, I'm guessing.

    "Five (5) exploration drill holes have also been completed, targeting potential parallel reef structures in the mafic portion of the intrusion. These drill holes lie approximately 900m south of Parks Reef. While no significant mineralisation was intersected in these holes anomalous copper was recorded at up to 820ppm. The presence of anomalous copper indicates the precipitation of chalcopyrite, which is commonly associated with PGM bearing sulphides. Podium will review the results and options for identification of discovery targets within this portion of the intrusion."


    1. I'd just note that 900m seems to be a sizable step-out. Does that imply a real suspicion of a substantial separate structure at that step-out distance, or were they just checking the centre of the back paddock on the off-chance?

    2. I found the wording of the above italicized paragraph from the announcement to be a bit ambiguous. At first I thought they were saying that there could be worthwhile copper because of the PGMs. However, I think now that they're implying that there could be PGMs to the south because the trace of copper may be a marker. No, wait, maybe they're seeing copper and PGMs southwards...

    3. Anyone know if others have historically found worthwhile or indicative mineralisation in adjoining tenements, particularly southward?
 
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