Movers and SHAKERS
Palladium One Mining Inc. (NKORF)(PDM:CA)
Doubling Up At LK With Ample Room for Growth
Palladium One Mining Inc is a palladium dominant, PGE, nickel, copper exploration and development company. Its assets consist of the Lantinen Koillismaa and Kostonjarvi PGE-Cu-Ni projects, located in north-central Finland and the Tyko Ni-Cu-PGE and Disraeli PGE-Ni-Cu properties in Ontario, Canada. LK is targeting disseminated sulphide along 38 kilometers of favorable basal contact. The KS project is targeting massive sulphide within a 20,000-hectare land package covering a regional scale gravity and magnetic geophysical anomaly. Tyko is a 13,000-hectare project targeting disseminated and massive sulphide in a highly metamorphosed Archean terrain. Disraeli is a 2,500-hectare project targeting PGE-rich disseminated and massive sulphide in a highly productive Proterozoic mid-continent rift.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Haukiaho resource estimate. Palladium One released results a NI 43-101 compliant resource estimate for the Haukiaho zone which doubles the LK PGE-Cu-Ni project mineral resource to 0.6 million ounces of palladium equivalent indicated resources and 1.7 million ounces of palladium equivalent inferred resources. The resource estimate for Haukiaho adds 1.21 million ounces of palladium equivalent inferred resources. Resource definition drilling in the Greater Kaukua area has been completed and an updated NI 43-101 compliant mineral resource estimated is expected to be completed by year-end. A preliminary economic assessment is expected in mid-2022.
Ample room for resource growth. In addition to an updated mineral resource estimate for the Greater Kaukua area, the remaining 12 kilometers of the Haukiaho Trend has not been drill tested although historic drilling has affirmed that the trend is mineralized. The company has identified two significant anomalies immediately east of the Haukiaho resource area that could potentially be upgraded to ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.