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PLANNING AUSTRALIA'S FIRST STRATEGIC SUPPLY OF PLATINUM GROUP METALS

ASX:POD | 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-looking statements are necessarily based upon a number of estimates and assumptions that, whilst considered reasonable by the Company, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies, involve k own 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

ther 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 and are not guarantees of

onlyfuture 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

useThe 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 i

formation 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

Mi i

g 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 3 March 2022.

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

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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 January 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, 10 February 2022, 3 March 2022, 8 March 2022, 11 April 2022, 14 April 2022, 20 April 2022, 19 May 2022, 1 June 2022, 9 June 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.

PODIUM MINERALS

Investment Proposition

Emerging and Significant Resource

Tightening Global Market

only

2.8Moz 3E PGM + 102k tonnes of Cu +

Ø PGMs forecast to have persistent long-

Ø

73k tonnes Ni + Rh + Ir (5E PGM)

term demand

Ø Near term exploration target of 2.7Moz to

Ø Declining resources and uncertain supply

3.8Moz additional 3E PGM1

from South Africa and Russia

Ø Support for critical minerals development

Ø Global governments now acting to reduce

in WA including downstream processing

supply risk

Highly Skilled Team

Commitment to a Holistic ESG Approach

Ø

Broad range of skills across project

Ø Prioritising positive relationship

use

development, exploration, operations and

management with traditional owners

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finance

Ø Opportunity to create significant regional

Committed to unlocking the potential of the

jobs in the Mid-West

Ø

resource to the benefit of all stakeholders

Ø Opportunity to become the first Australian

Ø

Driven by the opportunity to deliver a

PGM provider of catalysts for the hydrogen

significant project with global relevance

fuel cell industry

Ø Located in a mining friendly jurisdiction

  • 70Mt to 75Mt at grade of 1.2 to 1.6g/t 3E PGM. The potential quantity and grade of the Exploration Target is conceptual in nature and therefore is an approximation. There has been insufficient exploration to estimate further Mineral Resources and it is uncertain if further exploration will result in the determination of additional Mineral Resources. Refer to ASX announcement 3rd March 2022 for full details of the Exploration Target.

PARKS REEF - SECURE TENURE, ESTABLISHED MINING PRECINCT

Critical green metals in the Mid-West

PLATINUM GROUP METAL ASSET IN PREMIER

only

JURISDICTION

80km West of Meekatharra in the Mid-West Region of Western Australia

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

use

An alternative, Australian-sourced supply of PGM's (~83% of global

Platinum & ~77% of global Palladium production is reliant on South Africa

and Russia)

100% OWNED AUSTRALIAN CRITICAL MINERALS PROJECT

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Large scale, steeply dipping PGM resource with further upside through

copper and nickel credits

15km long proven ore body with near surface mineralisation

Infill drilling scheduled to upgrade the resource category

Additional exploration drilling underway to increase the overall resource

4

HIGH GRADE, BULK TONNAGE DEPOSIT

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PGM Horizon

Base Metal Horizon

50.6Mt @ 1.56g/t 3E PGM

27.8Mt @ 0.24% Cu and 0.1% Ni with

0.30g/t 3E PGM

in combination contains:

2.8M oz of Platinum (Pt), Palladium (Pd) and Gold (Au) plus 104,000

tonnes of Copper (Cu) and 73,000 tonnes of Nickel (Ni)

(excludes any potential Rhodium (Rh) / Iridium (Ir)1)

  1. Targeted pathway to become Australia's first PGM producer
  2. Potential for both open cut mining in addition to long term underground mining options
  3. Accelerated drill programs to significantly grow the overall Parks Reef Project and target high-grade areas for infill
  4. Renewed management team with proven development experience and success

Indicative 3E PGM Weighted Price2

A$ 1,961/oz

Indicative Rh & Ir Weighted Addition3

A$ 891/oz

Indicative Cu and Ni credits4

A$ 921/oz

Potential Indicative Weighted Price

A$ 3,773/oz

  • Refer to ASX announcement dated 14th April 2022
  • 3E PGM base prices as published by Johnson Matthey on 6th June 2022 & LME (Au) on 6th June 2022 (prices are weighted 53%Pt, 42% Pd, 5% Au).

3

Rhodium and Iridium base price as published by Johnson Matthey on 6th June 2022 , Exchange Rate AUD:USD 0.72

5

4

Cu and Ni prices as published by LME (Au) on 6th June 2022

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Podium Minerals Ltd. published this content on 09 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 June 2022 05:41:03 UTC.