Movers and SHAKERS
Palladium One Mining Inc. (NKORF)(PDM:CA)
Exploration Activities Accelerate at the Tyko Nickel-Copper Project
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 at Tyko. Palladium One commenced a 2,000-meter Phase II drilling program at the Tyko Ni-Cu project’s high-grade Smoke Lake nickel discovery in Canada. Recall that ground-based electromagnetic (EM) and borehole electromagnetic (BHEM) surveys were conducted in February to better define conductors hosting high-grade nickel mineralization. Ground-based and borehole EM surveys have outlined two significant conductors at Smoke Lake, one of which extends beyond the survey area. High-resolution drone-based magnetic survey data suggests a larger magnetic body occurs at depth below and to the northeast of the Smoke Lake discovery.
VTEM geophysical survey scheduled for May. A 3,000-line kilometer airborne versatile time-domain electromagnetic (VTEM) survey will cover the entire Tyko project area to discover additional EM anomalies. The company has made productive use of geophysics to inform its drilling activities ...
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.