Podium Minerals Limited · ASX:POD
Podium Minerals — Shareholder Meeting (November 2019)
17 slides from Podium Minerals's shareholder meeting presentation, Nov 29, 2019
Slide 1: Parks Reef Project Annual General Meeting November 2019
For personal use only PARKS REEF PROJECT P LATINUM , PALLADIUM , G OLD AND B ASE M ETALS ANNUAL GENERAL MEETING NOVEMBER 2019 ASX: POD | www.podiumminerals.com
Slide 2: Important Notice
IMPORTANT NOTICE This AGM 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 impl
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 Key Shareholders (% issued capital) Shares on Issue 162,218,301 Directors (see table below) 24.0% Market Cap (undiluted at 3.5c/share) $5.7m Drawbridge Fund Ltd 6.7% Cash on Hand (30 Sept 2019) $1.1m Original Resources Pty Ltd 3 6.5% Options o
Slide 5: Delivering Results
DELIVERING RESULTS For personal use only ASX listing Maiden Mineral Resource Step out drilling along strike 340koz PGM in Parks Reef confirm mineralisation continuity 28 Feb 2018 16 Oct 2018 Results Dec 2019 Initial drill results Resource drilling Parallel reef exploration 13 Apr 2018 Parks Reef eas
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 For personal use only PGM – GOLD – BASE METALS ➢ Near surface PGM mineralisation identified over a 15km strike length ➢ Three drilling campaigns completed over a total of circa 6.5km in west, central and east zones (pending results) ➢ Drilling has demonstrated a thick and steeply dipping
Slide 9: Parks Reef Drilling Programme – Q4 2019
PARKS REEF DRILLING PROGRAMME – Q4 2019 For personal use only Plan View Resource drilling Long Section View 200m PARKS Inferred Mineral Resources REEF Exploration Target to 200m below surface AGM Presentation – November 2019 Slide 9
Slide 10: Q4-2019 Drilling Confirms Eastern Extension
Q4-2019 DRILLING CONFIRMS EASTERN EXTENSION For personal use only INITIAL DRILL RESULTS ➢ Significant mineralisation with thick PGM and gold intercepts and substantial grades intersected in 14 of first 15 drill holes: • 8m @ 1.37g/t 3E PGM from 13m in PRRC054 • 18m @ 1.58g/t 3E PGM from 62m in PRRC0
Slide 11: 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 12: Platinum Group Metal (PGM) Market
PLATINUM GROUP METAL (PGM) MARKET PLATINUM For personal use only 30 DAY PRICE US$867 - US$947/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 13: What is a PGM Ounce
WHAT IS A PGM OUNCE INVESTMENT PROPOSITION: IN RESOURCE WORTH? For personal use only ➢ Drilling to date 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 market fundamentals
Slide 14: Additional Information
For personal use only ADDITIONAL INFORMATION AGM Presentation – November 2019 Slide 14
Slide 15: 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 16: 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 17: 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
Podium Minerals — Shareholder Meeting (November 2019) on 6ix