Podium Minerals (ASX:POD) said it completed its metallurgical sample drilling campaign at the Parks Reef project in Western Australia, according to a Monday filing with the Australian bourse.
The campaign provided about 400 kilograms of fresh core samples for flotation tests aimed at improving platinum group metal recovery, the filing said.
The flotation performance of higher-grade sections of the Parks Reef deposit will also be tested, the filing added.
Shares of the company fell past 3% at market close.