Tuesday, October 27, 2020
Palladium One Mining Inc. (NKORF)(PDM:CA)
Right Metals, Right Time, Right Jurisdictions
Noble Capital Markets research on Palladium One Mining is published under ticker symbols (NKORF and PDM:CA). The price target is in USD and based on ticker symbol NKORF. 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.
Initiating coverage. NKORF offers investors exposure to high value metals, including palladium, platinum, nickel and copper, that play a critical role in clean air and battery technologies. The company’s flagship project, Lantinen Koillismaa (LK) in Finland, encompasses 12,416 hectares and includes a NI-43-101 compliant estimate of 635,600 ounces of indicated palladium equivalent resources and 525,800 inferred palladium equivalent resources. The company’s Tyko Project, in Ontario, Canada, is focused on nickel, copper, and platinum group elements and encompasses 2,620 hectares. However, with the company’s projects in Finland taking center stage, we believe the company could unlock the value of its projects in Canada via sales, joint ventures, and/or spin-off.
Potential exists to materially increase mineral resources. Results from the company’s Phase I drilling program at the LK project highlight the potential to add significant scale to existing NI 43-101 mineral resources. Multiple discoveries of magmatic sulfide mineralization have been outlined and preliminary indications are that the Kaukua South Zone could be several times the size of the …
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.