SOUTHERN

Southern Palladium (ASX:SPD)

FOCUS ON SOUTHERN PALLADIUM

Southern Palladium Limited is an Australian public company which has acquired a 70% interest in the Bengwenyama palladium/rhodium-dominated PGM project located on the Eastern limb of the Bushveld, South Africa.

With its 70% stake in the project, the Company’s focus will be on the delivery of a Pre-Feasibility study and Mining Right application. A geophysical survey has been completed and a two-phase diamond drill programme commenced in August 2022.

A major development opportunity in the global PGM market, previous exploration at Bengwenyama has already delivered a JORC 2012-compliant Inferred Mineral Resource of 18.8Moz within two ore horizons – the UG2 chromitite Reef and the Merensky Reef.

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