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Podium Minerals Raises $2.6M to Unlock Depth Potential at Parks Reef
9:31am on Wednesday 28th of May, 2025 AEST
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Mining
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Podium Minerals Raises $2.6M to Unlock Depth Potential at Parks Reef
9:31am on Wednesday 28th of May, 2025 AEST
Key Points
Non-renounceable rights issue to raise $2.61 million at 2.3 cents per share
Parks Reef hosts 7.6Moz 5E PGM resource with substantial growth potential beyond 250m depth
Additional copper-gold zone enhances project’s metal basket value by 21%
Metallurgical flowsheet development targets high-grade, saleable PGM and base metal products
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