Podium Minerals : Company Presentation - February 2022

ersonal 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

IMPORTANT NOTICE

This Investor Presentation (Presentation) has been prepared by Podium Minerals Limited (ACN 009 200 079) (Company).

The information contained in this Presentation has been prepared in good faith by the Company, however no representation or warranty expressed or implied is made as to the accuracy, correctness, completeness or adequacy of any statements, estimates, opinions or other information contained in this Presentation.

To the maximum extent permitted by law, the Company, its directors, officers, employees and agents disclaim liability for any loss or damage which may be suffered by any person through the use or reliance on anything contained in or omitted in this Presentation.

Certain statements contained in this Presentation, including information as to the future financial or

	operating performance of	the Company and its projects are forward-looking statements. Such forward-
	l king statements are necessarily based	upon a number of estimates and assumptions that, whilst
	c nsidered reasonable by the Company,	are inherently subject to significant	technical, business,
onlyec nomic,	competitive,	political and social uncertainties and contingencies, involve known and
	unknown	risks and uncertainties	that could cause actual events or results to	differ materially from
	estimated or anticipated events or	results reflected in such forward-looking statements and may include,
	among other things, statements regarding targets, estimates and assumptions in respect of metal prices,
	and anticipated grades and recovery rates and may be based on assumptions and estimates related to
	future technical, economic, market, political, social and other conditions. The Company disclaims any intent
	or obligation to update publicly any forward looking statements, whether as a result of new information,
	future events or results		or otherwise.	The words "believes", "expects", "anticipates", "indicates",
	"contemplates", "targets", "intends", "plans" , "objective", "strategy", "schedule", "continue", "budget",
	"estimate", "may", "will", "could" , "would" and other similar expressions identify forward looking statements
useand are not guarantees of future performance and accordingly investors are cautioned not to put undue
	reliance on forward looking-statements due the uncertainty inherent therein.
	EXPLORATION RESULTS AND MINERAL RESOURCES
	The information in this Presentation that relates to Exploration Results and Mineral Resources is based
	upon and fairly represents information previously released by the Company to ASX on 19 June 2018, 4
	December 2018, 5 March 2019, 7 January 2020, 24 February 2020, 23 June 2020, 29 September 2020, 21
	Ja uary 2021, 25 February 2021, 24 March 2021, 4 May 2021, 10, 11 , and 25 May 2021, 28 June 2021, 2
	and 16 July 2021, 18 August 2021, 23 and 29 September 2021, 26 October 2021, 4 January 2022, 17
	January 2022 and 10 February 2022.
	The information in this Presentation that relates to metallurgical test work results is based upon and fairly
	represents information previously released by the Company to ASX on 1 October 2018 and 10 October
	2019.
2	INVESTOR PRESENTATION |	February 2022
ersonal

The information in this Presentation which relates to Mineral Resources was first released to ASX on 10 February 2022.

The Company confirms that it is not aware of any new information or data that materially affects the information included in the market announcements and that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement, and that all material assumptions and technical parameters underpinning the mineral resource estimate continue to apply and have not materially changed.

EXPLORATION TARGET

The information in this announcement that relates to Exploration Target is based on and fairly represents information compiled by Mr Doug Cook (Exploration Manager for Podium Minerals Limited) who is a member of the Australasian Institute of Mining and Metallurgy. Mr Cook has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 edition of the JORC Code. Mr Cook consents to the inclusion in this announcement of the geological information and data in the form and context in which it appears.

Further details regarding the Exploration Target can be found in the Company's ASX announcement dated 26 March 2019.

The ASX market announcements are available on the Company's website at: www.podiumminerals.com.au

COMPANY SNAPSHOT - ASX:POD

Capital Structure			Major Shareholders
Cash 31-12-21		$7.9M	Director related holders	19.8%
only
Market Cap. @ $0.435	$133M	HSBC Custody	4.6%
			Nominees
Issued Capital		306,432,212	Chesapeake Capital	4.0%
			Ltd
Options on Issue:		TT Nicholls	3.3%
@$0.75 strike		7,500,000
@$1.00 strike		7,500,000	Michelen Custodians	2.6%
@$1.25 strike		7,500,000
useIss ed and Proposed Performance Rights:	Jasper Hill Resources	2.6%
ersonal		12,750,000
$1.00
12-Month	$0.80
$0.60
Share Price
$0.40
Performance	$0.20
$0.00
(as at 9 Feb 2022)
3 INVESTOR PRESENTATION |	February 2022

DIRECTORS AND

MANAGEMENT

Clayton Dodd

Executive Chairman

Sam Rodda

Chief Executive Officer

Rod Baxter

Non-Executive Director

Cathy Moises

Non-Executive Director

Roberto Castro

Non-Executive Director

$0.435

Hannah Hudson

CFO and Company Secretary

DEVELOPING A STRATEGIC AUSTRALIAN PGM SUPPLY

•	Planning to become Australia's first Platinum Group Metal (PGM) producer through growth
	and development of Parks Reef Project, WA
only
•	Large scale, near surface, steeply dipping PGM resource with further upside through Base Metal
	credits
• Near surface mineralisation can enable early access to ore
• Additional resources opens potential for large long term underground mine
use
•	1Inferred Mineral Resources containing 2,800,000 ounces of platinum, palladium
	and gold plus 104,000 tonnes of copper (excl Rhodium/Iridium)
		50.6Mt @ 1.56g/t 3E PGM plus 27.8Mt @ 0.24% Cu and 0.30g/t 3E PGM includes high value PGM
		horizon with 12.3Mt @ 2.0g/t 3E PGM and 0.17% Cu
ersonal
•	Aggressive forward schedule of drilling to significantly grow Parks Reef Project
•	Stage 9 & 10 drilling are planned to drill down to ~200m (170m vertical) at a total cost
	approximately $2M as part of growing our resource

• Planned continuity of Drilling following early results

1 Refer to ASX announcement dated 10th February 2022

4 INVESTOR PRESENTATION | February 2022

Plus base metal credits (copper and nickel)

•

of 3E PGM grade3

Rhodium assays indicate grade of circa 3% to 4%

•

• Resource grade 1.56g/t 3E PGM in main PGM Horizon

0.82 g/t

Pd

0.66 g/t

Pt

Au

0.08 g/t

Rh

0.05 g/t

METAL SPLIT - 1.56G/T 3E PGM

(Platinum, Palladium & Gold)

WHAT MAKES A PGM OUNCE OF PARKS REEF

onlyuse

ersonal3 Refer Podium's ASX announcement dated 24 February 2020. 5 INVESTOR PRESENTATION | February 2022

WEIGHTED PRICE

(per Ounce)

Rh

Pt

Au

Pd

3E PGM

• Indicative weighted price of 3E PGM4 of A$2,210 (US$1,590) per ounce
• Rhodium5 indicatively adds A$770 (over 25%) to a full 5E PGM basket price (5E included rhodium & iridium)
• Analysis excludes any base metal credits in

copper and nickel

4 3E PGM base prices as published by Johnson Matthey & LME(Au) on 09/02/22. 5 Rhodium base price as published by Johnson Matthey on 09/02/22