Palladium One Mining Inc. (NKORF)(PDM:CA) - Still in the Shadow of LK?
Palladium One Mining Inc. (NKORF)(PDM:CA)
Still in the Shadow of LK?
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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Initial results from the Phase II Tyko drill program. A total of 14 holes representing 1,370 meters of drilling were completed, of which 11 intersected massive and/or semi-massive sulphide mineralization at the Smoke Lake Zone. The company has reported results for 6 of the 14 holes completed. Included were results for Hole TK21-034 which returned 9.5% nickel equivalent over 1.7 meters, within 6.0% nickel equivalent over 5.0 meters, from 66 meters down hole. Hole TK21-029 returned 9.0% nickel equivalent over 0.9 meters, within 7.8% nickel equivalent over 3.1 meters, from 31 meters down hole. Drilling results at Tyko have revealed high-grade nickel intercepts and significant exploration potential.
Increasing the strike length to 350 meters. Recall that ground-based and borehole EM surveys outlined two significant conductors at Smoke Lake. An important outcome of the Phase II drill program was the strike length extension to 350-meters combined with linking high-grade massive sulphide mineralization between the upper conductor and lower conductor which returned 6.0% nickel equivalent over 5.0 ...
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.