Podium Minerals Estimates 2.63MT Nickel Resource at Range Well Project in Western Australia

Podium Minerals has reported a maiden mineral resource estimate of 2.63 million tonnes of nickel at the Range Well project in Western Australia, based on historical drilling data. The acquisition of the Range Well project aims to consolidate operations with the Parks Reef PGM project, enhancing project development activities. The resource is calculated at 363 million tonnes with a grade of 0.7% nickel at a 0.5% cut-off. The company also continues work on the Parks Reef project, anticipating a favorable market for platinum group metals.

Published Mar 24, 2026

Podium Minerals has announced its first mineral resource estimate of 2.63 million tonnes of nickel at the Range Well project in Western Australia, based on an updated resource of 363 million tonnes at 0.7% nickel. The acquisition of Range Well from EV Nickel in February 2025 consolidates ownership with the adjacent Parks Reef project, facilitating project development.

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The new resource reflects additional geometallurgical reviews and modest adjustments. The company is also progressing work on the Parks Reef project, which is expected to benefit from market deficits in platinum group metals.