POD -PODZILLA - PGM-Rh-Au-Cu-Ni Platinum Group metals + Copper
wish I started a thread on POD back when I first came across the company @ 7.3c ...late last year ...just hit another intraday high 65.5c ... its just been a beast of a share since mid 2020 lows 1.8c ... thats 3538% in under a year ....and I really think its got plenty to go ....One of its peers in the space CHN of course has discovered a very nice looking palladium resource which has seen their SP 18x bag from announcement ...
CHN market cap 2.63Bill. ..waiting on JORC resource (CHN has many other great projects and I don't think POD will surpass CHN Cap unless POD get major high grades at depth)
POD market cap 160mill -- 1.39Moz PGM3 53Kt Copper + Gold Rhodium Nickel
POD Exploration Target over the full strike length of 3.1 to 5.8 million ounces 3E
PGM within 200m of surface (including 1.5 to 2.6 million ounces within
100m of surface);
• The deepest depth of drilling to date that intersected the reef in mineralisation was at
253m.
WA Govt funding going towards Two deep 750m diamond drill holes to test continuity of the reef and magmatic stratigraphy at depth..... (IMHO if we see similar or better grades at depth to back up upper target resource near surface then POD will blow past Billion cap)
latest presentation
https://wcsecure.weblink.com.au/pdf/POD/02370817.pdf
https://podiumminerals.com/
Not sure if many like me held CHN and missed out on pretty much all of it run to muti billion cap ..... not doing this again with POD I have remove all of my capital I had invested and now will let my 280k shares run .... my 2022 target $3-$4
I'm BUYING MORE 330k holding ... this could be BIllion Cap id they hit high grades
DIAMOND DRILLING CONFIRMS
CONTINUITY OF PARKS REEF AT DEPTH
Key Highlights
• Lithological logging of the two completed Stage 8 deep diamond drill holes, with initial core
observations indicating both holes intersected sulphide bearing stratigraphy of the layered
intrusion, including the down dip continuation of the PGM Parks Reef at a depth of approximately
500m.
• Visual analysis of the two holes suggests the geology of the interpreted reef zone is consistent
with Parks Reef near surface geology, providing further confidence of mineralisation continuing
to significant depth.
• Appointment of Resolve Mining Solutions to commence mining analysis work ahead of a scoping
study on Parks Reef, with work to commence in the second week of January.
• Strengthening of the executive team continues with Chief Executive Officer Sam Rodda
commencing from 1 January 2022 and the appointment of General Manager – Projects, Jason
Whittle, to commence 13th of January 2022
• The Deed of Alignment of Mining Leases with EV Metals Pty Ltd (“EV Metals”)1
lapsed on the
31st of December 2021, with the Company continuing to work with EV Metals to discuss a further
extension of the agreement.
Chief Executive Officer, Sam Rodda, comments “This is a very exciting outcome for Podium, with the
Stage 8 drilling so far confirming continuity of Parks Reef at depth and that it remains steeply dipping.
This drill programme has provided further confidence that we have yet to find the limits of the orebody
at depth. We intend to pursue an aggressive exploration strategy aimed at growing our resource
base and also testing our orebody for rhodium and iridium to include the full 5E PGM2
suite of
minerals in future resource estimate updates