Movers and SHAKERS
Palladium One Mining Inc. (NKORF)(PDM:CA)
Drilling Program Is Making a Strong Case for the LK Project
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.
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LK Project Phase II drilling program. To date, 46 holes, representing 9,469 meters of drilling have been completed at Kaukua South. Results for 34 drill holes have been released, while 12 are pending. Additionally, assay results are pending for 12 drill holes at the Haukiaho Zone where infill drilling was completed. Drilling has affirmed significant continuity of open pit grades and widths in both the upper and lower zone at Kaukua South. Drilling has been paused for the spring thaw and is scheduled to resume in late May.
Drilling expanded the strike length of the upper zone. Kaukua South consists of two mineralized zones. The upper zone typically returns higher Cu-Ni values and lower PGE grades. While less continuous than the lower zone, it exhibits greater widths. The continuous lower zone, the focus of the drilling program, is like the Kaukua deposit with high PGE tenors. When drilling resumes, the intent is to ...
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*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.