Podium Minerals announces maiden resource at Range Well nickel project. The company has released a mineral resource estimate of 363 million tonnes at 0.7% nickel, containing 2.63 million tonnes of nickel metal at a 0.5% cut-off grade. This follows Podium's strategic acquisition of Range Well in February through the purchase of EV Nickel, consolidating ownership with the neighbouring Parks Reef platinum group metals project. The updated estimate incorporates historical drilling data and geometallurgical desktop reviews. Management highlights the acquisition as a significant strategic milestone, securing a substantial nickel laterite asset during a favorable market cycle. The company continues advancing Parks Reef development, with market forecasts predicting deficits for key platinum group metals this year, supporting the longer-term outlook for the PGM complex.
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