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Latest News: Southern Palladium Ltd. SOUTH PD [SDL]

Wed, 3 Sep 2025	Official Announcement [TB]
South PD - Bengwenyama DFS drilling underway Southern Palladium (ASX:SPD and JSE:SDL), announced the commencement of its detailed metallurgical and geotechnical drill programmes as part of ongoing field work to support the delivery of the Definitive Feasibility Study (DFS) for the Bengwenyama Platinum Group Metals (PGM) Project scheduled for completion in the first half of 2026 Four drill rigs have been secured and mobilised to site. First drilling is now underway to obtain a 140kg sample from the UG2 reef for detailed metallurgical study work. The UG2 sample will be used to determine metallurgical variability across the first stage of the planned development. The results from this sample will also better allow the Company to progress discussions with South African PGM smelters. Once metallurgical drilling is complete, the rigs will move to assist with deeper underground geotechnical drilling, which will be incorporated into field studies to optimise decline and stoping parameters.
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