Movers and SHAKERS
Palladium One Mining Inc. (NKORF)(PDM:CA)
Building Scale at the Palladium-Dominant LK Project
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 II drilling program begins this week. Palladium One announced plans to begin a 17,500-meter Phase II drilling program on November 13 at its Lantinen Koillismaa (LK) project in Finland. The Phase II program is designed to support a future inferred resource estimate at the Kaukua South Zone, which has a drill defined mineralized strike length greater than 4 kilometers, and better define open-pit resources. The Phase I program, completed in September, entailed drilling 26 holes representing 4,486 meters of drilling.
Initial focus will be on a wide zone of shallow high-grade mineralization. The initial stage of the Phase II program will entail approximately 2,500 meters of diamond drilling to be completed before year-end and will target a 750-meter long high-grade section located between Holes LK20-006 and LK20-016. Of the discovery holes drilled at Kaukua South, bore hole LK20-016 is the highest grade drilled ...
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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.