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Quality Project Recommendation: Parks Reef PGM Project

Location: Nestled between Cue and Meekatharra in the Mid West Region of Western Australia.

041205041206

Highlights

 

High Grade, Bulk Tonnage Deposit

  •  Inferred mineral resources: 2.8million ounces of platinum palladium and gold plus 104,000 tonnes of copper (excluding rhodium/iridium)

  •  Resource grade: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

  •  Large scale, steeply dipping PGM resource with further upside through copper and nickel credits

  •  15km long proven ore body with near surface mineralisation

  •  Rhodium assays indicate grade of circa 3% to 4% and Iridium assays indicate 1-2% of 3E PGM grade

041207


Excellent Platform

  •  Easy access to regional infrastructure including major highway, port infrastructure and close proximity to regional and Perth workforces

  •  Mining Leases and Native Title Agreement executed

 

An alternative Australian supply of PGM's (~83% of global Platinum & ~77% of global Palladium production is reliant on South Africa and Russia)


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