Thursday, November 19, 2020

Palladium One Mining Inc. (NKORF)(PDM:CA)

Another Important Element to the Story

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.

Phase I drilling program. In late November, Palladium One will commence diamond drilling of the Smoke Lake airborne EM anomaly target at its Tyko property, located in Ontario, Canada. Mineralized boulders and high nickel and copper values in soils indicate potential for high-grade sulphide mineralization. High-resolution geophysical surveys are in progress to further define the Smoke Lake anomaly identified in an electromagnetic survey. There are four significant nickel, copper, and platinum group element zones on the Tyko Project. They are: 1) RJ, 2) Tyko, 3) Bulldozer, and 4) Shabotik.

In search of nickel.  As part of its Fall 2019 exploration program, geophysical anomalies were sampled, including Smoke Lake, which is now a priority drill target. The 2019 program returned up to 238 ppm nickel and 108 ppm copper in soils over the Smoke Lake anomaly. In 2020, the company conducted reconnaissance prospecting, mapping, and detailed soil sampling and discovered a cluster of boulders ...

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.