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Podium Minerals Limited (ASX:POD)

ALERT: Price-sensitive ASX Announcement for POD
Current share price for POD : $0.035 -0.014 (-28.57%)+
Announcement
Release
4 May 2026 8:15AM
Price at Release
$0.049
Full Release
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Summary
Podium Minerals Limited has announced the successful results from its drilling program at the Parks Reef project, confirming strong grades of Platinum Group Metals (PGM). The drilling has indicated significant PGM mineralization over substantial widths, which bodes well for the potential economic viability of the site. The results include high-grade intersections of platinum, palladium, rhodium, and other valuable metals, reinforcing the project's prospectivity. These findings support the company's strategy to advance the development of the Parks Reef project, with the aim of establishing a robust resource base for future mining operations.
Key Points
  • Successful drilling program confirms strong PGM grades.
  • Significant PGM mineralization over substantial widths.
  • High-grade intersections of platinum, palladium, rhodium.
  • Potential economic viability of the site.
  • Supports strategy to advance Parks Reef development.
  • Aims to establish a robust resource base for mining operations.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.