Podium Minerals Limited · ASX:POD
Podium Minerals — Investor Presentation (October 2019)
17 slides from Podium Minerals's investor presentation, Oct 1, 2019
Slide 1: Resource Drilling for PGMs in Parks Reef
For personal use only RESOURCE DRILLING FOR PGMs IN PARKS REEF 15% OF TARGET A REA D RILLED FOR 740 KOZ OF P LATINUM , PALLADIUM AND G OLD INVESTOR PRESENTATION OCTOBER 2019 ASX: POD | www.podiumminerals.com
Slide 2: Important Notice
IMPORTANT NOTICE This Investor Presentation (Presentation) has been prepared by Podium Minerals Limited (ACN 009 200 079) (Company). For personal use only The information contained in this Presentation has been prepared in good faith by the Company, however no representation or warranty expressed or
Slide 3: A Unique ASX Investment Opportunity
A UNIQUE ASX INVESTMENT OPPORTUNITY For personal use only ➢ Podium is highly leveraged to the PGM market with its Parks Reef deposit in Mid-West Western Australia ➢ Parks Reef consists of a 15km strike of thick, continuous, near surface platinum group metal (PGM) and gold plus base metal mineralisat
Slide 4: Company Snapshot
COMPANY SNAPSHOT For personal use only Capital Structure (pre-Rights Issue) Key Shareholders (% issued capital) Shares on Issue 153,864,967 Directors (see table left) 24.7% Market Cap (undiluted at 3.5c/share) $5.4m Drawbridge Fund Ltd 7.1% Options on Issue1 75,105,000 Original Resources Pty Ltd 3 6
Slide 5: Delivering Results
DELIVERING RESULTS For personal use only ASX listing Maiden Mineral Resource Resource extension 340koz PGM in Parks Reef drilling 28 Feb 2018 16 Oct 2018 Oct / Nov 2019 Initial drill results Step out drilling along strike Parallel reef exploration 13 Apr 2018 confirm mineralisation continuity new di
Slide 6: Strategy and Value Growth
STRATEGY AND VALUE GROWTH For personal use only KEY ACTIVITIES TO UNLOCK VALUE OF PARKS REEF ➢ Resource Extension Drilling – 10.5km of strike length remaining • Staged completion of 9,000m to 10,000m drilling 1. Q4 2019 - circa 2,200m RC extension drilling targeting inferred resource upgrade >1Moz 3
Slide 7: Podium Minerals Asset Base
PODIUM MINERALS ASSET BASE For personal use only WRC GEOLOGICAL COMPLEX ➢ Flagship Parks Reef PGM deposit lies within the Weld Range Complex (WRC) in the Mid West Region of Western Australia ➢ Granted Mining Leases with an area of 77km2 covering the entire WRC ➢ Mining Agreement with Native Title Pa
Slide 8: Parks Reef PGM – Gold – Base Metals
PARKS REEF PGM – GOLD – BASE METALS For personal use only ➢ Near surface PGM mineralisation identified over a 15km strike length – with Podium drilling completed over 4.5km in western and central zones ➢ Drilling has demonstrated a thick and steeply dipping mineralised reef consisting: • PGM horizon
Slide 9: Parks Reef Drilling Programme – Q4 2019
PARKS REEF DRILLING PROGRAMME – Q4 2019 For personal use only Plan View Long Section View 200m PARKS Inferred Mineral Resources REEF Exploration Target to 200m below surface Investor Presentation – October 2019 Slide 9
Slide 10: Mineral Resources and Exploration Target
MINERAL RESOURCES AND EXPLORATION TARGET For personal use only MINERAL RESOURCES BASED ON WESTERN AND CENTRAL ZONE DRILLING ➢ Inferred JORC Mineral Resource Estimate for Parks Reef5 containing a total of 740,000 ounces of combined platinum, palladium and gold plus base metal credits: Tonnes Pt Pd Au
Slide 11: Platinum Group Metal (PGM) Market
PLATINUM GROUP METAL (PGM) MARKET PLATINUM For personal use only 30 DAY PRICE US$876 - US$977/oz ➢ Rare precious / industrial metal with unique catalytic and physical properties ➢ World production dominated by South Africa (73%), Russia (11%) and Zimbabwe (8%) ➢ Diverse use in autocatalysts, jewelle
Slide 12: What Is a PGM Ounce in Resource Worth?
WHAT IS A PGM OUNCE INVESTMENT PROPOSITION: IN RESOURCE WORTH? For personal use only ➢ Approximately 5,000m of drilling by Podium over 4.5km of the 15km strike length of Parks Reef to a depth of 100m delivered Mineral Resources containing 740,000 ounces 3E PGM within 100m of surface ➢ Strong PGM mar
Slide 13: Additional Information
For personal use only ADDITIONAL INFORMATION Investor Presentation – October 2019 Slide 13
Slide 14: Mineral Resources
MINERAL RESOURCES For personal use only Inferred Mineral Resource for Parks Reef PGM Horizon Tonnes Pt Pd Au 3E PGM Cu Ni Horizon Mt g/t g/t g/t g/t % % Oxide 1.4 0.83 0.45 0.27 1.55 0.23 0.11 PGM - Upper Fresh 2.0 0.85 0.43 0.29 1.57 0.20 0.09 Sub-total 3.4 0.84 0.44 0.28 1.56 0.21 0.10 Oxide 6.6 0
Slide 15: PGM Market Balance
PGM MARKET BALANCE For personal use only Supply / Demand Balance Platinum '000 oz 2013 2014 2015 2016 2017 2018 Supply Mine Supply 5,846 5,153 6,107 6,094 6,123 6,113 Recycling 2,013 2,061 1,712 1,934 2,047 2,105 7,859 7,214 7,819 8,028 8,170 8,218 Demand Autocatalyst 2,937 3,063 3,263 3,344 3,248 3
Slide 16: Board and Management
BOARD AND MANAGEMENT Clayton Dodd -- Non-Executive Chairman For personal use only Clayton is a Chartered Accountant with more than 30 years’ experience in finance and resources in Australia, South Africa and South America. He has held directorships in public companies listed on AIM, the ASX, the TSX
Slide 17: For personal use only
For personal use only
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