Thursday, May 27, 2021
Palladium One Mining Inc. (NKORF)(PDM:CA)
Haukiaho Drill Results Highlight Significant Potential to Expand Resources
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 drill results. Palladium One released results for 7 of 12 holes drilled at the Haukiaho Trend roughly 20 kilometers south of Kaukua South. Results returned significant widths and grades, including 72.2 meters at 1.79 grams of palladium equivalent per tonne, and expanded mineralization to the east of and higher grade areas within the known historic Haukiaho resource area.
Haukiaho technical report expected in the third quarter. The drill program was intended to provide sufficient drill density to prepare a NI 43-101 resource estimate for Haukiaho which management anticipates completing in the third quarter of 2021. In 2013, Finore Mining Inc. completed a non-pit constrained NI 43-101 historic resource with 23.2 million tonnes of ore with an average grade of 1.51 …
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.