Australian miners Ore Resources and Podium Minerals report major depth extensions at Forrest and Parks Reef

Ore Resources Ltd (ASX:OR3) announced that first diamond drilling at its Forrest project confirmed extensions to the gold system both along strike and at depth, after testing a vertical depth of about 150 metres. CEO Nick Rathjen described the results as “very ambitious extensions” and said the company is pleased with the outcome.

Podium Minerals Ltd (ASX:POD) disclosed that deeper diamond drilling at its Parks Reef platinum‑group‑metal (PGM) project in Western Australia extended the vertical depth of mineralisation to 450‑500 metres below surface. The six new holes, complemented by historic drilling, showed strong continuity of the PGM zone and a copper‑gold zone, including a standout intercept of 27.7 m at 2.04 g/t PGM. CEO Rod Baxter highlighted the potential for high‑grade selective mining based on these results.