Sydney Mining Club Lunchtime forum
Exploring the Future of Silver, Zinc & Platinum Group Metals An exclusive lunch with Linden Sproule, Polymetals (ASX:POL) and Roger Baxter, Southern Palladium (ASX:SPD), two companies in base and precious metals.
Hear directly from the teams driving these projects, followed by a Q&A and networking over lunch.
Polymetals Resources Ltd (ASX:POL) is steadily ramping up production at its Endeavor silver-zinc mine near Cobar, NSW.
In August, the mine produced 6,310 wet metric tonnes of silver-lead and zinc concentrates, with grades and recoveries exceeding expectations.
High-grade ore from the Upper North Lode is being stockpiled, while metallurgical testing and ongoing exploration at the Carpark prospect are optimising recoveries and targeting future growth.
The mine’s Underground JORC resource totals 1.63 million tonnes at 8% zinc, 4.5% lead, and 84 g/t silver.
Polymetals has also enjoyed a strong year, up almost 40% since January, with a current market cap of approximately $290 million.
Southern Palladium (ASX:SPD) is developing the Bengwenyama platinum group metals project in South Africa’s Bushveld Complex, the world’s richest PGM region.
The project’s JORC resource is 144 million tonnes at 4 g/t 3PGE+Au (platinum, palladium, rhodium, gold). Southern Palladium holds 70% of the project, with 30% owned by the Bengwenyama community.
The two-stage development plan begins with production of over 200,000 ounces of PGMs annually, scaling to 400,000 ounces and a 33-year mine life.
Using proven underground mining and mill-and-float processing, Bengwenyama will supply PGMs critical to automotive catalytic converters, hydrogen fuel cells, and industrial applications, while delivering long-term benefits to the local community.
Southern Palladium has a current market cap of around $62 million.
