Podium Minerals Limited · ASX:POD
Podium Minerals — Investor Presentation (February 2022)
20 slides from Podium Minerals's investor presentation, Feb 10, 2022
Slide 1: Planning to be Australia's first PGM producer
For personal use only PLANNING TO BE AUSTRALIA’S FIRST PLATINUM GROUP METAL (PGM) PRODUCER LARGE SCALE PGM FOCUS TO DEVELOP A LONG LIFE OPEN PIT AND UNDERGROUND MINING OPERATION 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). The information in this Presentation which relates to Mineral Resources was first released to ASX on 10 For personal use only The information contained in this Present
Slide 3: Company Snapshot – Directors and Management
COMPANY SNAPSHOT – ASX:POD DIRECTORS AND MANAGEMENT For personal use only Capital Structure Major Shareholders Clayton Dodd Cash 31-12-21 $7.9M Director related holders 19.8% Executive Chairman Market Cap. @ $0.435 $133M HSBC Custody 4.6% Nominees Sam Rodda Issued Capital 306,432,212 Chief Executive
Slide 4: Developing a strategic Australian PGM supply
DEVELOPING A STRATEGIC AUSTRALIAN PGM SUPPLY For personal use only • Planning to become Australia’s first Platinum Group Metal (PGM) producer through growth and development of Parks Reef Project, WA • Large scale, near surface, steeply dipping PGM resource with further upside through Base Metal cred
Slide 5: What makes a PGM ounce of Parks Reef
WHAT MAKES A PGM OUNCE OF PARKS REEF METAL SPLIT – 1.56G/T 3E PGM For personal use only WEIGHTED PRICE (Platinum, Palladium & Gold) (per Ounce) Rh Au 0.05 g/t 0.08 g/t Rh Pt Au Pd Pt 0.66 g/t 0.82 g/t Pd 3E PGM • Resource grade 1.56g/t 3E PGM in main PGM • Indicative weighted price of 3E PGM4 of A$2
Slide 6: Parks Reef drilling & exploration to date
PARKS REEF DRILLING & EXPLORATION TO DATE For personal use only POD drilling to date has identified Inferred Mineral Resources containing 2,800,000 ounces of platinum, palladium and gold plus 104,000 tonnes of copper1 all within 100m of surface along 15km of strike • Early Project Program focussed o
Slide 7: Drilling along 15km strike – multiple high grade hits
DRILLING ALONG 15KM STRIKE – MULTIPLE HIGH GRADE HITS • RC Drilling along strike has identified a number For personal use only of high grade zones including; • PRRC0026 – 3m @ 5.70g/t 3E + 0.31g/t Rh from 127m • PRRC135 – 7m @ 5.75g/t 3E & 0.32g/t Rh from 89m • PRRC153 – 34m @ 2.50g/t 3E from 72m •
Slide 8: Current deep drilling program – nearing completion
CURRENT DEEP DRILLING PROGRAM – NEARING COMPLETION A WHOLE NEW BALL GAME AS PODIUM GOES DEEP For personal use only CONTINUITY CONFIRMED THROUGH INITIAL DRILLING • Visual analysis completed two holes (PRD003 & PRDD004)1 suggests the interpreted reef zone’s geology is consistent with Parks Reef near s
Slide 9: Resource growth strategy – clear path to grow and develop
RESOURCE GROWTH STRATEGY – CLEAR PATH TO GROW AND DEVELOP Podium Drilling to Grow and Inform Project – fully funded exploration program For personal use only targeting resource growth • Re-Assay of key drill intervals for full 5E PGM suite to include rhodium and Iridium due in Q1 2022. • Stage 9 - D
Slide 10: Mining study work – exploring our options
MINING STUDY WORK – EXPLORING OUR OPTIONS CONCEPTUAL STUDY WORK IDENTIFIES UG PATH For personal use only • Resolve Mining appointed as a consultant partner to support conceptual works ahead of scoping study (January 2022) • Stage 7 Drilling and Stage 8 Deep Drilling in late 2021 identified continuit
Slide 11: Processing tests underway to inform scoping study
PROCESSING TESTS UNDERWAY TO INFORM SCOPING STUDY For personal use only ESTABLISHING THE PARKS REEF PROCESSING OPTIONS • Progressing sighter tests for the treatment of Oxide and PGM Sulphide Ores • Reviewing past metallurgical test work undertaken for Parks Reef over last 4 years • Flotation tests f
Slide 12: Accelerating activity
ACCELERATING ACTIVITY For personal use only Q4 - 2021 Q1 - 2022 Q2 - 2022 Q3 - 2022 Q4 - 2022 PARKS REEF DEEP DIAMOND DRILLING 5E ASSAYS INFERRED DRILLING TO 200m INFERRED DRILLING TO 300m + INFILL DRILLING METALLURGICAL TEST WORK, PROCESS DESIGN AND MINE OPTIMISATION – SCOPING STUDY 12 INVESTOR PRE
Slide 13: Diversified demand for PGMs
DIVERSIFIED DEMAND FOR PGM’S For personal use only TECHNOLOGY AUTOMOTIVE JEWELLERY INDUSTRIAL INVESTMENT HYDROGEN FUEL-CELL BATTERY STORAGE PRODUCTION ELECTRIC VEHICLES Data Source: Johnson Matthey ‘PGM Market Report - February 2021’ 13 INVESTOR PRESENTATION | February 2022
Slide 14: Value proposition
VALUE PROPOSITION A successful and highly motivated technical team to advance the company towards becoming Australia’s First PGM Producer – For personal use only targeting both near term open pit and shallow underground mine operations • Systematic drilling by Podium at Parks Reef has cost-effective
Slide 15: For personal use only
For personal use only Sam Rodda (+61) 8 9218 8878 samr@podiumminerals.com Podium Minerals Limited Podium ACN Minerals 009 200 079 Limited ACN 009 200 079 Level 1, 234 Churchill Avenue Subiaco, Western Australia 6008 T +61 (0) 8 9218 8878 W www.podiumminerals.com 15 INVESTOR PRESENTATION | October 20
Slide 16: Appendix
For personal use only APPENDIX 16 INVESTOR PRESENTATION | October 2021
Slide 17: Parks Reef low risk asset – huge upside
PARKS REEF LOW RISK ASSET – HUGE UPSIDE For personal use only SECURE TENURE Parks Reef Project Location Map • 100% Parks Reef Project located in Mid- West WA • Granted Mining Leases, located within an established mining precinct, within easy access to regional infrastructure • Mining Agreement execu
Slide 18: Platinum & palladium demand forecast to hit record levels in 2022
PLATINUM & PALLADIUM DEMAND FORECAST TO HIT RECORD LEVELS IN 2022 For personal use only • Platinum prices expected to steadily rise as demand increases for the auto sector • Some analysts expect significant amounts of platinum to be used in hydrogen fuel cells that are an alternative way to power ve
Slide 19: Further upside – high value rhodium and iridium identified
FURTHER UPSIDE – HIGH VALUE RHODIUM AND IRIDIUM IDENTIFIED For personal use only WHAT IS RHODIUM AND IRIDIUM? • Rhodium - regarded as the best catalyst for the after treatment of gasoline nitrogen oxides (NOx) from the exhausts of petrol and hybrid electric vehicles • Iridium - an extremely high mel
Slide 20: 3E PGM resource upgrade to 2.8 million ounces plus 104,000 tonnes copper
3E PGM RESOURCE UPGRADE TO 2.8 MILLION OUNCES PLUS 104,000 TONNES COPPER For personal use only MINERAL RESOURCES DEFINED OVER 15KM STRIKE LENGTH • Inferred JORC Mineral Resource Estimate for Parks Reef6 containing a total of 2,800,000 ounces of combined platinum, palladium and gold plus base metal c
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