Movers and SHAKERS
Palladium One Mining (NKORF)(PDM:CA)
Additional Drill Results Released; Board and Management Appointments
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.
Kaukua South drilling results. Palladium One Mining released drill results for six holes at Kaukua South. Hole LK21-088 intersected 3.1 grams of palladium equivalent per tonne over 21.3 meters, within 2.4 grams of palladium equivalent per tonne over 48.5 meters, starting at 120 meters depth. With Hole LK21-087 returning 1.0 gram of palladium equivalent per tonne over 51.0 meters, the mineralized zone of Kaukua South has been extended 200 meters east from previous drilling.
Potential to add resources along the eastern extension. The company has focused on including the western two kilometers of Kaukua South into a maiden resource estimate and expanding the initial 2019 Kaukua mineral resource estimate. The eastern portion of Kaukua South has not been drilled extensively despite returning significant results in the past. Hole LK21-087 is the furthest hole drilled to ...
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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.