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NKORF Palladium One Tyko Copper-Nickel Project Update
November 16, 2021
View PDF
November 16, 2021 – Toronto, Ontario –Palladium One Mining (“Palladium One” or the “Company”) (TSXV: PDM, FRA: 7N11, OTC: NKORF) is pleased to provide the following updates in regard to its award winning Tyko Copper-Nickel Project which returned up to 10.1% Ni_Eq* over 3.8 meters (8.1% Ni, 2.9% Cu, 0.1% Co, 0.61g/t Pd, 0.71g/t Pt, and 0.02g/t Au) in hole TK-20-023
Geophysical crews are on-site conducting ground-based Electromagnetic (“EM”) surveys on key target areas.
Ground-based surveying is being carried out to more accurately model the various conductors and develop Maxwell Plates for effective drill program design.
Three new Exploration Permit applications have been filed for drill testing the newly identified multi-line Electromagnetic (“EM”) geophysics anomalies (see news release October 28, 2021).
The Company expects to receive one or more permits before year end.
Scheduling of a drill contractor will occur following receipt of drill permits.
Each of the planned drill sites is amenable to both winter and summer drilling.
A fourth Exploration Permit application has been made to expand upon the existing Smoke Lake Exploration Permit to allow for additional step out drill pad locations.
Currently permitted drill pad locations are within the already drill defined 350-meter mineralized zone. In order to conduct additional step out drilling with appropriate dip angles, additional drill pad locations are required.
The Company also anticipates receiving this permit by year end.
“We eagerly await receipt of new Exploration Permits for Tyko so that we can get back to drilling and make additional discoveries.” said Derrick Weyrauch, President and CEO.
Continues here>>> https://www.palladiumoneinc.com/news/2021/palladium-one-tyko-copper-nickel-project-update
Palladium One Reports Four New EM Targets at the Tyko Sulphide Copper- Nickel Project, Ontario, Canada
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Have a good weekend :)
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October 28, 2021
View PDF https://www.palladiumoneinc.com/news/2021/palladium-one-reports-four-new-em-targets-at-the-tyko-sulphide-copper-nickel-project-ontario-canada
Four significant, multi-line, Electromagnetic (“EM”) anomalies have been identified by a 3,100 line-kilometer Versatile Time Domain Electromagnetic airborne (“VTEMmax”) survey conducted during the summer field program.
Several single line EM anomalies were also identified.
The first EM anomalies identified in the large mafic-ultramafic Bulldozer Intrusion.
October 28, 2021 – Toronto, Ontario – Preliminary results of the recently completed VTEMmax airborne survey have identified four significant multi-line EM anomalies on the Tyko Copper-Nickel Project, said Palladium One Mining (“Palladium One” or the “Company”) TSXV: PDM, FRA: 7N11, OTC: $NKORF today.
Derrick Weyrauch, President and CEO “We now have four new multi-line EM anomalies to test, which supports our belief that there are multiple Smoke Lake-type zones yet to be discovered. Of particular interest are two anomalies in the Bulldozer Intrusion. These are the first EM anomalies identified in this large mafic-ultramafic intrusion and hint at potentially large tonnage targets.We are very pleased with these regional results and are awaiting results from the Smoke Lake zone.”
The recently completed 100-meter spaced 3,100 line-kilometer VTEMmax survey is the largest and most sensitive EM survey ever flow on the Tyko Project (Figure 1). The survey easily detected the at surface high-grade Smoke Lake zone producing a 600m (7 lines) EM anomaly (Figure 2). In addition, a weak single line EM anomaly successfully detected the RJ zone, this is noteworthy as the RJ zone hosts blebby to locally net textured sulphide and had not been detected by three previous airborne EM surveys. This speaks to the sensitivity of the VTEMmax system and its potential to identify targets that were missed by less sensitive historic EM surveys.
Bedrock Conductor Picks
The EM anomalies presented below are bedrock conductors selected by Platform Geoscience Ltd. These represent preliminary interpretations based of the response recorded on each VTEMmax flight line. The difference between strong, moderate and weak conductors is not only a measure of massive vs semi-massive vs net-textured sulphide, but also depth where a weak EM response may simply indicate a deeper stronger conductor, whereas a smaller at surface conductor will have a stronger EM response.
The four new multiline EM anomalies are in new areas with no previously known mineralization or drilling, and are described below:
West Pickle Lake Anomaly
A 600-meter multi-line anomaly is located 2.5 kilometers west of the RJ zone and may represent an extension of the RJ zone. The RJ zone consists of blebby, locally net-textured magmatic sulphide and has returned up to 1.04 % Ni and 0.23% Cu over 16.2 meters in hole TK16-002 (see news release April 12, 2016).
Bulldozer South Anomaly
The composite anomaly consists of two clusters which combined are over 800-meters in length. This anomaly is noteworthy as there is a historic anomalous prospecting sample collected in the vicinity, which returned 0.23% Cu with anomalous nickel (144 ppm) and palladium (18 ppb) in melanogabbro, with 5% finely disseminated pyrite and chalcopyrite (see Ontario Mineral Deposit Index MDI000000001913). This anomaly also correlates with a very strong magnetic portion of the Bulldozer Intrusion suggesting ultramafic rocks may be present at depth.
Bulldozer North Anomaly
This 200-meter multi-line anomaly is noteworthy as one line contains a strong EM anomaly which is comparable in intensity to the anomalies detected over the Smoke Lake zone. The Bulldozer North, like Bulldozer South anomalies correlate with a very strongly magnetic portion of the Bulldozer Intrusion, potentially representing ultramafic rocks.
The Bulldozer North and South Anomalies represent the first EM anomalies detected within the large mafic-ultramafic Bulldozer Intrusion. The Bulldozer intrusion is host to one historic copper-nickel-cobalt showing, which consists of remobilized disseminated chalcopyrite and pyrite in a shear, suggesting that more widespread copper-nickel-cobalt mineralization may occur within the larger intrusion. Sampling by the Company in 2019 at the historic Bulldozer showing returned 0.91% Cu, 0.05% Ni, and 0.05% Co (see press release January 21, 2020) with historic samples returning up to 3.34% Cu, 0.12% Ni, 0.24% Co, 0.38 g/t Pd, 0.08 g/t Pt (see Ontario Mineral Deposit Index MDI000000001901).
Cupa Lake Anomaly
This anomaly consists of a cluster of two multi-line anomalies which when combined cover 400 meters of strike length. These anomalies are present in an area where previous mapping by the Ontario Geological survey has identified metasediments and mafic volcanics representing remnants of greenstone belt material within the Black Pic tonalite batholith, and hence may represent favourable conditions for the perseveration of magmatic copper-nickel sulphide mineralization similar to the Smoke Lake zone, located only 8-kilometers to the west.
Summer Smoke Lake Drill Program
The resumed Phase II drill program at Smoke Lake completed an additional 1,973 meters in 9 holes, assay results are pending. The program included an 800-meter deep hole targeting a large inverted magnetic high located below the Smoke Lake zone. This deep hole was drilled for geophysical surveying and was surveyed by Borehole Electromagnetics (“BHEM”) to help determine the possible presents of massive sulphide mineralization at depth, results are pending. The Company intends to drill additional holes into the inverted magnetic high where it outcrops east of Smoke Lake. An Induced Polarization (“IP”) survey is also planed for the Smoke Lake area to target potential for disseminated Ni-Cu mineralization.
Summer Field Program
Mapping, prospecting, soil sampling, and trenching was completed over the Tyko Project, including the four new high priority multi-line EM anomalies. A total of 1,340 soil samples were collected, results are pending.
Figure 1. Tyko Project, with new airborne magnetic data (total field) showing various new VTEMmax anomalies (new multi-lines EM anomalies are highlighted by dashed black lines) and known Ni-Cu showings (yellow triangles).
Figure 2. Zoom in view of the Smoke Lake and four new high priority multi-line VTEMmax EM anomalies.
*Nickel Equivalent (“Ni_Eq”)
Nickel and copper equivalent is calculated using US$1,600 per ounce for palladium, US$1,100 per ounce for platinum, US$1,650 per ounce for gold, US$3.50 per pound for copper, US$7.50 per pound for nickel and US$20 per pound for Cobalt. This calculation is consistent with the commodity prices used in the Company’s September 2021 NI 43-101 Haukiaho resource estimate.
QA/QCThe Phase II drilling program was carried out under the supervision of Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company.
Drill core samples were split using a rock saw by Company staff, with half retained in the core box. The drill core samples were transported by company staff the Company’s core handling facility, to Actlabs laboratory in Thunder Bay, Ontario. Actlabs, is an accredited lab and are ISO compliant (ISO 9001:2015, ISO/IEC 17025:2017). PGE analysis was performed using a 30 grams fire assay with an ICP-MS or ICP-OES finish. Multi-element analyses, including copper and nickel were analysed by four acid digestion using 0.5 grams with an ICP-MS or ICP-OES finish.
Certified standards, blanks and crushed duplicates are placed in the sample stream at a rate of one QA/QC sample per 10 core samples. Results are analyzed for acceptance at the time of import. All standards associated with the results in this press release were determined to be acceptable within the defined limits of the standard used
About Tyko Ni-Cu-PGE Project
The Tyko Ni-Cu-PGE Project, is located approximately 65 kilometers northeast of Marathon Ontario, Canada. Tyko is an early stage, high sulphide tenor, nickel-copper (2:1 ratio) project with the most recent drill hole intercepts returning up to 10.1% Ni_Eq over 3.8 meters (8.1% Ni, 2.9% Cu, 0.1% Co, 0.61g/t Pd, 0.71g/t Pt, and 0.02g/t Au) in hole TK-20-023.
Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.
About Palladium One
Palladium One Mining Inc. is an exploration company targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Finland and Canada. Its flagship project is the Läntinen Koillismaa or LK Project, a palladium-dominant platinum group element-copper-nickel project in north-central Finland, ranked by the Fraser Institute as one of the world’s top countries for mineral exploration and development. Exploration at LK is focused on targeting disseminated sulfides along 38 kilometers of favorable basal contact and building on an established NI 43-101 open pit resource.
ON BEHALF OF THE BOARD
“Derrick Weyrauch”
President & CEO, Director
For further information contact:
Derrick Weyrauch, President & CEO
..........
Just a matter of time before S A comes sniffing around.
they go for great deposits like the ones PDM has.
Like they went for our old friend PAL
Royal Bafokeng ramping today
Implats in Talks to Become a Platinum Metals Giant
The Impala Platinum Holdings Ltd., also known as Implats, shaft 1 mine tower in Rustenburg, South Africa, on Wednesday, March 10, 2021. South Africa's mining industry employs more than 450,000 workers and contributes about 8% to national gross domestic product. , Bloomberg
(Bloomberg) -- Impala Platinum Holdings Ltd. is in talks to buy its smaller rival Royal Bafokeng Platinum Ltd., in a deal that Implats said may create South Africa’s largest platinum-group metals producer.
Flush with cash after higher rhodium and palladium prices, Implats is seeking to expand by buying lower cost and mechanized assets as some of its deep-level operations near their end. The company said Wednesday a deal for all of Royal Bafokeng’s shares may involve cash and equity and the outstanding details could be concluded in the coming weeks.
Implats has long sought to combine with Royal Bafokeng, and a deal would help the producer exploit synergies from deposits adjacent to its sprawling Rustenburg mining complex. It should also extend the life of Rustenburg mines and end royalties that Implats was paying to Royal Bafokeng to mine part of the adjacent reserves, Kagiso Asset Management Ltd. said.
Implats shares fell 1.9% in Johannesburg, while Royal Bafokeng climbed 16%, valuing the company at about $2.1 billion.
“It’s a transaction that’s been a long time coming, with clear benefits for Implats specifically,” said Mandi Dungwa, an analyst at Kagiso in Cape Town.
Stricter car-emissions rules have kept palladium and rhodium -- key metals in autocatalysts -- in tight supply and at historically high prices, increasing earnings for mining companies. Implats in September reported a record profit, prompting it to boost its dividend. It marked a turnaround for the company, which just three years ago was on the verge of cutting more than 10,000 jobs and closing some operations.
Implats’s interest in taking over a rival also indicates that there’s still appetite for PGM assets, even as a chip shortage weighs on the auto sector.
“Our interest in RBPlat has been known for a very long time and the strategic rationale is well understood by everyone,” Implats spokesman Johan Theron said by phone. “Its always been a matter of the planets aligning to make such a deal possible, hopefully we now find ourselves at that time.”
Sibanye Stillwater Ltd.’s deal this week to pay $1 billion for nickel and copper mines in Brazil shows how miners are looking to use cash to expand. After buying up PGM assets from Zimbabwe to North America, Sibanye is now looking toward battery metals needed for a green revolution.
A deal between Implats and Royal Bafokeng would see the combined company mine about 3.45 million ounces a year, overtaking Sibanye and Anglo American Platinum Ltd. in terms of attributable PGM output, Theron said. That would see it rival Russian giant MMC Norilsk Nickel PJSC.
“We think it’s likely to be a good deal, but this comes with a disclaimer because we haven’t seen the metrics yet on what the price is, or the mechanisms, and whether it will be shares and cash or a combination,” said Rory Kutisker-Jacobson, a portfolio manager at Allan Gray Ltd. in Cape Town. The company owns a 7.5% stake in Royal Bafokeng and 2% in Implats, he said.
Royal Bafokeng was listed in Johannesburg in 2010 and is the mining investment arm of the Royal Bafokeng nation, a community of people based near South Africa’s Sun City.
(Updates with details on benefits of deal from third paragraph)
©2021 Bloomberg L.P.
Very nice.
Very nice indeed. I shall add to that later (if you'll allow me).....
For now tho, it's.....Back to bed.
I had woken up in order to compose this post.
***
Be funny if (no, not "funny", uniquely sinister), if
DTs' TRUTH Social announcement were to coincide with the S&Ps' topping out.....
For y'see.....
They are BEASTLY men (these men of old) and the bear ALIVE is thier living too.....
If.....far on the Delhi way
around him galvanic they dance
it is merely to wear......wear
from his shaggy body the tranced
wish forever to stay
only an ambling bear
four-footed in berries
It is no more joyous for them
in this hot dust to prance
out of reach of the praying claws
sharpened to paw for ants
in the shadows of Deodar
It is not easy to free
myth from reality
or rear this fellow up
to lurch.....lurch with them
in the tranced dancing of men
https://canpoetry.library.utoronto.ca/birney/poem4.htm
http://ebinsliterature.blogspot.com/2016/09/the-bear-on-delhi-road-earl-birney.html
https://en.wikipedia.org/wiki/Deodar_forests
More on this later.........For now, back to sleep............
S&P Futures down (at THIS point) just 5.....
Am expecting about 13 perhaps by the open
Palladium Price Analysis: XPD/USD directs nearby resistance breakout towards 200-EMA
NEWS | 10/26/2021 5:56:23 AM GMT | By Anil Panchal
Palladium picks up bids, extends previous day’s break of weekly resistance line.
Bullish MACD, sustained trading above 61.8% Fibonacci retracement favor buyers.
Palladium (XPD/USD) remains on the front foot around $2,045, up 0.18% intraday during the early European session on Tuesday.
The precious metal crossed a downward sloping trend line from October 14 the previous day. The same joins upbeat MACD signals to keep buyers hopeful.
However, a clear upside break of the 200-EMA, around $2,070 by the press time, becomes necessary for the commodity bulls before challenging the monthly peak of $2,176.
During the rise, the $2,100 threshold will become an intermediate halt.
Meanwhile, pullback moves remain less important until staying beyond the previous resistance line, close to $2,025 at the latest.
Also acting as a downside filter is the $2,000 psychological magnet and 61.8% Fibonacci retracement of the early October advances, near $1,974.
Overall, palladium prices are likely to extend recovery moves but a bumpy road ahead challenge the buyers.
Trend: Further upside expected
Additional important levels
Overview
Today last price 2043.62
Today Daily Change 3.70
Today Daily Change % 0.18%
Today daily open 2039.92
Trends
Daily SMA20 2018.79
Daily SMA50 2079.08
Daily SMA100 2353.14
Daily SMA200 2509.56
Levels
Previous Daily High 2053.17
Previous Daily Low 2013.88
Previous Weekly High 2101.4
Previous Weekly Low 1979.08
Previous Monthly High 2446.72
Previous Monthly Low 1848.93
Daily Fibonacci 38.2% 2038.16
Daily Fibonacci 61.8% 2028.89
Daily Pivot Point S1 2018.14
Daily Pivot Point S2 1996.37
Daily Pivot Point S3 1978.85
Daily Pivot Point R1 2057.43
Daily Pivot Point R2 2074.95
Daily Pivot Point R3 2096.72
https://www.fxstreet.com/news/palladium-price-analysis-xpd-usd-directs-nearby-resistance-breakout-towards-200-ema-202110260556
Came here to post that but I see that you beat me to it.
It's probably actually quite an achievment - a feather in the cap.
Palladium One Recognized with the "Bernie Schnieders Discovery of the Year Award" Presented by NWOPA
Toronto, Ontario--(Newsfile Corp. - October 25, 2021) - Palladium One Mining Inc. (TSXV: PDM) OTCQB: $NKORF (FSE: 7N11) (the "Company" or "Palladium One") is pleased to announce that the Company's team has been awarded the 2020 "Bernie Schnieders Discovery of the Year Award" for the discovery of a high-grade copper-nickel zone at its 100% owned Tyko Copper-Nickel Project in Ontario, Canada.
The award, presented by the Northwestern Ontario Prospectors Association (NWOPA), recognizes an exceptional discovery in Northwestern Ontario during the previous calendar year.
Smoke Lake was discovered in late November 2020 with the first hole of drill program returning up to 8.7% Ni_Eq over 3.8 Meters (6.6% Ni, 3.7% Cu, 0.09% Co, 0.67 g/t Pd, 0.81 g/t Pt, and 0.03 g/t Au) in hole TK-20-016, (see news release January 5, 2021).
Derrick Weyrauch, President and CEO of Palladium One, said, "We would like to sincerely thank the NWOPA for receiving this honour and look forward to expanding on our exciting discovery at the Tyko property.
About Palladium One
Palladium One Mining Inc. is an exploration company targeting district scale, platinum-group-element (PGE)-copper nickel deposits in Finland and Canada. Its flagship project is the Läntinen Koillismaa or LK Project, a palladium dominant platinum group element-copper-nickel project in north-central Finland, ranked by the Fraser Institute as one of the world's top countries for mineral exploration and development. Exploration at LK is focused on targeting disseminated sulfides along 38 kilometers of favorable basal contact and building on an established NI 43-101 open pit Mineral Resource.
ON BEHALF OF THE BOARD
"Derrick Weyrauch"
President & CEO, Director
For further information contact: Derrick Weyrauch, President & CEO
Email: info@palladiumoneinc.com
Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release includes "forward-looking information" that is subject to a few assumptions, risks and uncertainties, many of which are beyond the control of the Company. Statements regarding listing of the Company's common shares on the TSXV are subject to all of the risks and uncertainties normally incident to such events. Investors are cautioned that any such statements are not guarantees of future events and that actual events or developments may differ materially from those projected in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions and general business conditions. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including those set out in the Company's annual information form dated April 27, 2021 and filed under the Company's profile on SEDAR at www.sedar.com. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements.
Corporate Logo
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100683
$NKORF Palladium One Mining: Our people and projects in Finland
Last .21 (0.174 US)
October 5th
Volume comparisons (not sure OTCQB status will alter demand too much)
But I guess it can not hurt (especially if some excitement should enter the mkt)
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Apdm&x=0&y=0&time=4&startdate=2%2F1%2F2019&enddate=11%2F23%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=nkorf&x=40&y=13&time=4&startdate=2%2F1%2F2019&enddate=11%2F23%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
Palladium One Obtains Both OTCQB Market Listing and DTC Eligibility
(That .14 might have been the bottom...Happy I got some of it....So we're off again....to the moon Alice LOL
7:01 am ET October 20, 2021 (Newsfile) Print
Toronto, Ontario--(Newsfile Corp. - October 20, 2021) - Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FRA: 7N11) (the "Company" or "Palladium One") is pleased to announce that its common shares are now eligible for settlement through the Depository Trust Company ("DTC"), a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly-traded companies in the United States.
Palladium One's common shares are now fully DTC eligible and will continue to trade in the United States on the OTCQB under the ticker symbol "NKORF". Through an electronic method of clearing securities, DTC eligibility significantly reduces the costs and accelerates the settlement process for investors and brokers, allowing the Company's common shares to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.
"Providing broader and more efficient access for US investors to participate in our discovery successes, will enhance our shareholder base. In light of the 'green transportation' dynamic gripping the United States and elsewhere, timing is ideal, to provide US investors with more efficient investment access to Palladium One's common shares," stated Derrick Weyrauch, President and CEO.
Trading on the OTCQB
The OTCQB listing, when combined with DTC eligibility, is anticipated to provide greater liquidity and a more seamless trading experience for existing U.S. shareholders and potential new investors. An OTCQB listing provides exemptions from certain U.S. state securities laws or "blue sky" exemptions which may help to further increase liquidity and expand the ability of investment advisors' to research and recommend investment in Palladium One.
About Palladium One
Palladium One Mining Inc. is an exploration company targeting district scale, platinum-group-element (PGE)-copper nickel deposits in Finland and Canada. Its flagship project is the Läntinen Koillismaa or LK Project, a palladium dominant platinum group element-copper-nickel project in north-central Finland, ranked by the Fraser Institute as one of the world's top countries for mineral exploration and development. Exploration at LK is focused on targeting disseminated sulfides along 38 kilometers of favorable basal contact and building on an established NI 43-101 open pit Mineral Resource.
ON BEHALF OF THE BOARD
"Derrick Weyrauch"
President & CEO, Director
For further information contact: Derrick Weyrauch, President & CEO
Palladium One has the ‘decarbonization metals’ needed for future transportation
https://aheadoftheherd.com/palladium-one-has-the-decarbonization-metals-needed-for-future-transportation/
$NKORF Palladium One Continues to Deliver Strong Drilling Results at Kaukua South, Finland
October 5, 2021
View PDF
HIGHLIGHTS
3.1 g/t Palladium Equivalent over 21.3 meters, within 2.4 g/t Palladium Equivalent over 48.5 meters at Kaukua South, LK Project, Finland
Drilling extends mineralization 200 meters on eastern side of Kaukua South, returning 1.0 g/t Palladium Equivalent over 51.0 meters
October 5, 2021 – Toronto, Ontario - Palladium One Mining Inc. (“Palladium One” or the “Company”) (TSXV: PDM, FRA: 7N11, OTC: NKORF) is pleased to announce Kaukua South drillhole LK21-088 intersected 3.1 g/t Palladium Equivalent (“Pd_Eq”) over 21.3 meters, within 2.4 g/t Pd_Eq over 48.5 meters, starting at 120 meters depth (Figure 1, and 2).
https://www.palladiumoneinc.com/news/2021/palladium-one-continues-to-deliver-strong-drilling-results-at-kaukua-south-finland
Palladium One Announces Highest Grade Drill Hole in Finland
September 23, 2021
$NKORF
Highlight:
4.1 g/t Palladium Equivalent over 24 meters, within 2.1 g/t Palladium Equivalent over 112 meters at Kaukua South, LK Project, Finland
September 22, 2021 – Toronto, Ontario, Palladium One Mining Inc. (“Palladium One” or the “Company”) (TSXV: PDM, FRA: 7N11, OTC: NKORF) is pleased to announce Kaukua South Hole LK21-081 which intersected 4.07 g/t Palladium Equivalent (“Pd_Eq”) over 24 meters, within 2.08 g/t Pd_Eq over 112 meters, starting at 171.5 meters depth. This represents the highest-grade intercept over width that drilling has returned to date, at the Kaukua South zone of the LK Project in Finland (Table 1, Figure 1). In addition, down plunge drilling is successfully expanding higher grade core zones to depth as demonstrated by Hole LK21-080 which intersected 1.86 g/t Pd_Eq over 40.5 meters, including 2.95 g/t Pd_Eq over 3.0 meters from 229.5 meters depth. Multiple holes now demonstrate increasing grade and widths at depth.
Derrick Weyrauch, President and CEO of Palladium One commented: “Our Kaukua South discovery continues to deliver excellent results and demonstrates potential for higher grade core zones within the Kaukua Area. We believe there are several other higher-grade core zones yet to be defined based on the significant number of drill targets still to be tested.”
Hole LK21-081 returned 234 gram*meters surpassing hole LK20-016, which returned 201 gram*meters (Table 1, Figure 1, and 2) reported on see news release October 22, 2021. These holes are part of two parallel higher grade, southwest plunging, core zones (Figure 2), or shoots at Kaukua South. A similar core zone occurs at the existing Kaukua deposit, where it occupies a linear depression in the footwall contact. These core zones may represent magma channels, within the marginal phase of the Koillismaa Mafic-Ultramafic Complex, that have thermally eroded the footwall rocks. Induced Polarization (“IP”) surveys have proven very effective at targeting these higher-grade core zones, and two potential new zones have been identified to the west and east of the drill defined mineralization at Kaukua South (Figure 1), see news release July 7, 2021.
Table 1. LK Project Kaukua South Drill Hole Results
PR continues here>>>> https://www.palladiumoneinc.com/news/2021/palladium-one-announces-highest-grade-drill-hole-to-date-in-finland
Some of the information
Figure 1. Historic and current drilling in the Kaukua and Western portion of the Kaukau South area having a drill data cut off date of September 4, 2021 (hole LK21-128), assays have been received for holes up to LK21-082, the rest are pending. Background is Induced Polarization (“IP”) Chargeability.
Figure 2. Kaukua South Long Section. Having a drill data cut off date of September 4, 2021 (hole LK21-128), assays have been received for holes up to LK21-082, the rest are pending. The long section covers only the western portion of Kaukua South which the Company is focused on bringing to an initial NI43-101 resource estimate. The long section is a vertical slice representing only the ~55° south dipping Lower Zone of Kaukua South. Intercepts are represented in both width (meters) and grade (Pd_Eq*) as well as gram*meters (grade*width).
Figure 3. Cross sections A and B through Kaukua South, looking west.
Palladium Equivalent
Revised price assumptions - The Company is now calculating Palladium equivalent using US$1,600 per ounce for palladium, US$1,100 per ounce for platinum, US$1,650 per ounce for gold, US$3.50 per pound for copper, and US$7.50 per pound for nickel consistent with the calculation used in the Company’s September 2021 NI 43-101 Haukiaho Resource Estimate.
Spot Gold Equivalent
Spot palladium and gold equivalents are calculated using recent spot prices for comparison purposes using US$2,300 per ounce for palladium, US$1,000 per ounce for platinum, US$1,800 per ounce for gold, US$4.5 per pound for copper, and US$9.0 per pound for nickel.
Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101
About Palladium One
Palladium One Mining Inc. is an exploration company targeting district scale, platinum-group-element (PGE)-copper nickel deposits in Finland and Canada. Its flagship project is the Läntinen Koillismaa or LK Project, a palladium dominant platinum group element-copper-nickel project in north-central Finland, ranked by the Fraser Institute as one of the world’s top countries for mineral exploration and development. Exploration at LK is focused on targeting disseminated sulfides along 38 kilometers of favorable basal contact and building on an established NI 43-101 open pit Mineral Resource.
ON BEHALF OF THE BOARD
“Derrick Weyrauch”
President & CEO, Director
https://www.palladiumoneinc.com/
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It's the Mother Lode..I tell ya
Why Platinum Is the Metal to Watch | Will Rhind
Palladium One Corporate Update
August 17, 2021
View PDF
https://www.palladiumoneinc.com/news/2021/palladium-one-corporate-update
August 17, 2021 – Toronto, Ontario –Palladium One Mining (“Palladium One” or the “Company”) (TSXV: PDM, FRA: 7N11, OTC: NKORF) is pleased to provide this corporate update which highlights the current exploration status of our two primary projects, namely the LK PGE-Cu-Ni Project in Finland and the Tyko Copper-Nickel Project in Ontario, Canada. In addition, we are pleased to provide the key objectives of the Company over the coming months.
“With a cash balance of $15 million (unaudited) as at July 31, 2021, the Company is well funded to advance planned activities for the foreseeable future.” said Derrick Weyrauch, President and CEO.
Key Objectives (Milestones)
LK Platinum Group Element-Copper-Nickel Project, Finland
Resource definition drilling at Kaukua and the western portion of Kaukua South (“Kaukua Areas”) is scheduled for completion mid-September 2021. (Figure 1)
A NI43-101 compliant resource estimate for the Haukiaho zone, located 10 kilometers south of Kaukua, is scheduled for completion in Q3 2021.
Phase II metallurgical testing of the Kaukau Areas is underway and scheduled for completion before year end.
An updated NI43-101 compliant resource for the Kaukua Areas is scheduled for completion at year end (December 2021/January 2022).
A Preliminary Economic Assessment (“PEA”) is planned for mid-2022.
Step out drilling targeting the recently announced Induced Polarization (IP) anomaly to the west of Kaukua is scheduled to be drill tested starting September 2021. (Figure 1) (see news release dated July 7, 2021).
Assay labs continue to struggle with timely delivery of results due to an industry wide high volume of activity.
Assay results for 38 drill holes remain outstanding, while results have been released for 78 drill holes.
Tyko Copper-Nickel Project, Ontario, Canada
Drilling has resumed on the Smoke Lake zone, following a major drill breakdown and early spring thaw.
Four holes have been completed from a planned seven-hole program.
The objective is to find the source of the high-grade mineralization which produced intersections up to 9.9% Ni_Eq over 3.8 metres at surface (8.2 % Ni, 2.9 % Cu, 0.1 % Co, 0.6 g/t Pd, 0.5 g/t Pt), (see press release January 19, 2021)
Previously, 28 drill holes defined a shallow 350-meter mineralized strike length at the Smoke Lake zone.
Exploration drilling is targeting:
Down plunge extensions of known mineralization.
A large inverted magnetic high located below the Smoke Lake zone (Figure 2) will be tested by a 900-meter geophysics platform hole. The magnetic high may represent a significant accumulation of ultramafic rocks, potentially representing the source of remobilized / injected massive sulphides found at surface.
After completion of the 900-meter deep hole, a Borehole Electromagnetics (“BHEM”) survey is planned to help determine the possible presents of massive sulphide mineralization at depth.
A 3,100-line kilometer VTEM geophysics survey has been completed over the entire Tyko property, the results of which are expected shortly.
The summer field program is well underway, crews are on their second rotation and beginning to explore the newly expanded Tyko Property (see news release July 27, 2021).
To date over 1,300 soil samples have been collected for analysis, while results are pending.
Figure 1. Historic and current drilling in the Kaukua and Western portion of the Kaukau South area. Background is IP Chargeability.
Figure 2. Isometric view of the Smoke Lake zone area looking north-northwest showing 2020 drill holes and inverted drone based high-resolution magnetics.
Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.
About Palladium One
Palladium One Mining Inc. is an exploration company targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Finland and Canada. Its flagship project is the Läntinen Koillismaa or LK Project, a palladium-dominant platinum group element-copper-nickel project in north-central Finland, ranked by the Fraser Institute as one of the world’s top countries for mineral exploration and development. Exploration at LK is focused on targeting disseminated sulfides along 38 kilometers of favorable basal contact and building on an established NI 43-101 open pit resource.
ON BEHALF OF THE BOARD
“Derrick Weyrauch”
President & CEO, Director
For further information contact:
Derrick Weyrauch, President & CEO
Email: info@palladiumoneinc.com
Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of Palladium One Mining Inc. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.
Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in palladium and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to Canadian and U.S. Shareholders. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.
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Electricity supply constraints to impact on critical PGMs production - Davis
3rd August 2021
By: Donna Slater
Creamer Media Contributing Editor and Photographer
As efforts to reduce the impact of global warming and climate change ramp up, South Africa is set to lose out on critical platinum group metals (PGMs) production as a result of increasing electricity disruptions and load-shedding, independent precious metals consultant Dr David Davis says.
Demand for PGMs is all about climate change and the drive for net zero emissions by 2050, he states in a report titled ‘Platinum – The Impact of South Africa’s Energy Crisis on PGM Mine Supply’.
PGMs have been increasingly taken up by the automotive industry, which has introduced new types of drivetrains for vehicles, with a move away from vehicles using internal combustion engines, to electric vehicles (EVs) – battery and hybrid EVs and fuel cell EVs (FCEVs) – to meet new emission standards.
Davis says new emissions standards translate into higher autocatalyst PGM loadings, as well as accelerated demand for FCEVs that contain platinum, mainly for heavy-duty vehicles.
In addition, he says polymer electrolyte membrane electrolysers, which also contain platinum, are currently seen as the most cost-efficient way to produce green hydrogen from renewable power as they are able to withstand the intermittency of renewable-derived electricity generation.
DEMAND & SUPPLY
Davis explains that the progressive tightening of environmental regulations and technology innovation surrounding the production of green hydrogen has led to an increase in PGMs demand.
[color=red]“My calculations imply that global PGM demand will likely grow at a [compound yearly] rate of [about] 3.5% to 2027,” he says.[/color]
In this regard, Davis says his estimates are not too dissimilar from GlobalData’s estimates.
“Global PGM mine supply will most likely remain roughly constant with an average PGM demand of [about] 13-million ounces, with a recognisable downward trend starting around 2031. Under these circumstances, I am of the view that PGM demand will increasingly outstrip PGM supply.”
He points out that this scenario is already playing out, with the market balance for palladium being in deficit for at least nine years, while rhodium has been in deficit over the past two years.
“In both cases, the supply imbalance has been the main driver of the skyrocketing price of these metals,” says Davis.
He notes that because platinum has a positive outlook owing mainly to substitution in petrol autocatalysts and an increase in catalyst loadings, together with a global decline in platinum supply, platinum will shift into a deficit in 2022.
NEGATIVE FACTORS
The continuity of South Africa’s PGMs supply is not secure, says Davis.
“The South African PGM mining industry has faced numerous challenges in the past caused mainly by the combined effects of electricity shortages [load-shedding], prolonged industrial action, political upheaval, increasing costs and a significant reduction in capital expenditure,” he says.
In addition, Davis says the South African PGMs mining industry has been “starved” of expansion and ore reserve replacement capital for a number of years.
Further impacting on domestic PGMs production is 14 years of intermittent load-shedding of between Stage 2 (2 000 MW needing to be shed) and Stage 6 (6 000 MW to be shed).
“Eskom has recently warned that it expects load-shedding to increase towards the end of 2021, as it is facing a 5 GW shortfall, which is expected to continue for at least another five years,” he says.
With a higher degree of load will come a lower degree of PGMs production, says Davis.
The higher the load-shedding stage, the more frequent load-shedding becomes. In this regard, the impact on PGMs production will likely become more severe.
Davis points out that Eskom supplies about 14% of its total supply to the mining industry (3 284 MW) of which about 40% (1 314 MW) is used in the platinum mining industry.
After getting input from various PGM miners, Davis finds that load-shedding of greater than Stage 4 would translate into significantly reduced PGMs production, with smelters also having to be shut down at this stage.
“After canvasing some of the larger platinum mines there was general agreement that load-shedding at Stage 6 and above would mean that the miners would not go underground. The loss in PGMs mined would depend on the frequency of Stage 6 load-shedding,” he says.
However, in a positive turn of events, Davis says, hope is presented in President Cyril Ramaphosa having announced a change in licence-exemption cap on self- or distributed-generation plants from 1 MW to 100 MW.
“The increase in the threshold will enable mining companies and other entities to build power generation units of up to 100 MW without applying for a licence through the National Energy Regulator of South Africa. This move was welcomed by the mining industry,” he says.
In this regard, Davis points out that Sibanye-Stillwater is preparing feasibility studies for prospective 50 MW and 85 MW solar photovoltaic [PV] projects for its Rustenburg and Marikana operations, respectively.
“Anglo American Platinum is looking at building a 75 MW to 100 MW solar PV plant to support its Mogalakwena mine and concentrator, while Northam Platinum will likely install modules of 10 MW,” he says
https://www.miningweekly.com/article/increased-electricity-deficit-to-impact-critical-pgm-production---davis-2021-08-03
Nickel prices on a rip as $NKORF expands TYKO and completes geophysical survey
https://aheadoftheherd.com/nickel-prices-on-a-rip-as-palladium-one-expands-tyko-and-completes-geophysical-survey/
Bullish for commodities ?
This morning - early on.....
Was saying ;That IF it can get above the 200d then perhaps she's "off and running" !
Later that same day (today)....Ka-Boom !,,,,,,Now what ?
And sure enuf - Lotsa Canadian small cap miners shot up today -
No doubt a few US ones also (inter-listeds)
Yesterday was (just) DAY 1
Palladium One Expands the Tyko Sulphide Nickel-Copper Project to 24,500 hectares and Completes VTEM Survey
July 27, 2021
View PDF
KEY HIGHLIGHTS
Two Earn-in agreements expand the Tyko Nickel-Copper Project by 950 hectares
Additionally, 3,500 hectares were purchased from the original Optionors of the Tyko Project.
Tyko Nickel-Copper Project currently over 24,500 hectares
3,100-kilometer airborne Electro Magnetic (VTEMmax) geophysical survey completed
Summer exploration field crews are onsite conducting reconnaissance mapping, prospecting and soil sampling. The first 1,000 soil samples have been sent for assaying, results pending
July 27, 2021 – Toronto, Ontario – The footprint of the Tyko Nickel-Copper Project, which returned drill intercepts from massive magmatic sulphide of up to 9.9% Nickel equivalent ("Ni_Eq"), (23.0% Copper equivalent, 30.1 g/t Gold equivalent*) over 3.8 meters in hole TK21-023 (Table 1) has been expanded by 4,400 hectares, said Palladium One Mining ("Palladium One" or the "Company") (TSXV: PDM, FRA: 7N11, OTC: NKORF) today.
Tyko has grown from 20,100 hectares to over 24,500 hectares since the Phase II drill program was completed.
An option agreement with First Class Metals Ltd, for the Pickle Lake property, consists of 700 hectares located on the west side of the Tyko project and is proximal to the historic RJ zone which returned up to 1.2% Ni_Eq (2.78% Cu_Eq and 3.6g/t Au_Eq*) over 16.2 meters in hole TK16-002 (see news release April 12, 2016). A second option agreement for the Cupa Lake property with a local prospector consists of 250 hectares and is located 8km east of the Smoke Lake Zone.
President and CEO, Derrick Weyrauch commented, "Tyko continues to impress and warrants increased levels of expenditure and exploration. Results to date demonstrate robust mineralization spread over at least 18 kilometers, yet the area has seen virtually no government mapping or exploration. We believe that in addition to the high-grade Smoke Lake zone, there are new zones off nickel-copper mineralization yet to be discovered. We are awaiting result from the 3,100-kilometer airborne Electro Magnetic (VTEMmax) survey which will guide further exploration."
https://www.palladiumoneinc.com/news/2021/palladium-one-expands-the-tyko-sulphide-nickel-copper-project-to-24500-hectares-and-completes-vtem-survey
Hey Sienna was up 18 % today but....
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=nkorf&x=39&y=13&time=100&startdate=1%2F1%2F2015&enddate=9%2F30%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
On the bright side ;
Palladium One Drills 7.4% Ni_Eq (164 lbs/tonne) over 4.5 meters including 10.2% Ni_Eq (224 lbs/tonne) over 1.7 meters at Tyko Nickel-Copper Project, in Ontario, Canada
https://www.palladiumoneinc.com/news/2021/palladium-one-drills-74-ni_eq-164-lbstonne-over-45-meters-including-102-ni_eq-224-lbstonne-over-17-meters-at-tyko-nickel-copper-project-in-ontario-canada
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Weird - I don't get it - Guess I'll just cross my fingers
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164539604
Howdy man, tough times for all miners right now because the USD is ramping on sheer stupidity
Stop loss tripped last week on most of my miners
reduced this one by 50% @.35
riding free here now
All eyes on the fed's bubble fluffers
There will be a precious metals option expiration on the comex this week on the 25th.
Read your ely info. top notch stuff sir, TY
Oh one more thing
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Yer right - hasn't budged it (yet?)
Should be up 14 % to .40 cdn
LAC = Lithium Americas
Probably will just hold it's gains
These types are one of those
Just good longs 3 to 5 years out
I've never even seen a swing with this one.
Who's LAC ?
Just amazing....oh my goodness.
Thanks for the beauty post
Now what ?
Damn.....
Last week or actually 12 sessions ago
Now.....Damn !
Too risky to frickin' be jumpin' in now !
GOTTA take advantage of when the TA is at its' ripest ! (ie 12 days ago)
What if we're close to the/a correction mentioned by Dent in the link found here ?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164028747
Regardless, does PDM NKORF lift off from .35 now ?
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Apdm&x=0&y=0&time=100&startdate=1%2F1%2F2020&enddate=6%2F23%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=+50++21+10&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
$NKORF Palladium One Drills Haukiaho Trend, Intercepts 72 Meters @ 1.8 g/t Palladium-Equivalent, Finland
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May 26, 2021
May 26, 2021 – Toronto, Ontario – First drill results from the Company's 2,000 meter drill program at Haukiaho, a zone approximately 20 kilometers south of the Company's primary target area Kaukua South, have returned significant widths and grades, including 72 meters at 1.8 g/t Palladium-equivalent "Pd_Eq") (Hole LK21-071), on the Läntinen Koillismaa "LK") PGE-Ni-Cu project in Finland, said Palladium One Mining Inc. "Palladium One" or the "Company") (TSXV: PDM, FRA: 7N11, OTC: NKORF) today.
A total of 12 holes (1,943 metres) were drilled on the Haukiaho trend. This release contains the results from the first 7 holes of this program. The drilling was designed establish sufficient drill density to prepare a National Instrument 43-101 resource estimate at Haukiaho, which the Company anticipates completing in Q3 2021.
"Establishing a NI43-101 resource estimate at Haukiaho has been a priority for the Company given the robust historical data set available to the Company. Haukiaho was the original focus of the Phase I drill program in 2020, however, the discovery of Kaukua South led us towards first defining the potential of this new discovery and exploring the greater Kaukua area. Despite this, Haukiaho was not forgotten and has remained an important part of our strategy to grow a multi-million ounce resource base. At 17 kilometers in length, the Haukiaho trend, currently represents the largest continuous patch of blue-sky potential on the LK property." said Derrick Weyrauch, President and CEO.
Highlights
Drilling has returned significant widths and grades
Expanded higher grade areas within the known historic Haukiaho resource area
Expanded mineralization 100m to east of the historic resource
72.2 meters grading 1.79 g/t Pd_Eq in hole LK21-071 starting 56m down hole, including 17.0 meters grading 2.23 g/t Pd_Eq
15.7 meters grading 2.26 g/t Pd_Eq in hole LK21-069 including 3.6 meters grading 3.11 g/t Pd_Eq
51.2 meters grading 1.07 g/t Pd_Eq in hole LK21-073 including 9.1 meters grading 2.10 g/t Pd_Eq
The historic Haukiaho resource is shallowly drilled, mostly above 200m in depth and therefore amendable to open pit mining
Haukiaho Historic Resource Estimate
In the 1980's, Outokumpu (a Finnish State-run mining company) prepared a resource estimate using very widely spaced holes along a portion of the Haukiaho trend, which estimated 7 million tonnes grading 0.38% Cu and 0.24% Ni, however importantly, no PGE assays were undertaken. The cut-off grade used was a 0.7% Copper_equivalent (defined as Cu% + 2 x Ni%).
Subsequently in 2013, Finore Mining Inc. completed a non-pit constrained NI43-101 historic resource estimate, over a much smaller strike length. Using a 0.1 g/t Pd cut-off, they estimated a resource of 1.13 million Pd_Eq ounces within 23.2 million tonnes grading 1.51 g/t Pd_Eq (0.31 g/t Pd, 0.12g/t Pt, 0.10 g/t Au, 0.21% Cu, and 0.14% Ni) (See news release August 12, 2019 and May 7, 2020). This resource estimate encompassed widely spaced drilling with a focus on maximizing tonnage, not grade.
The Haukiaho trend is 17 kilometers long and the historic 2013 Haukiaho resource prepared by Finore covers less than 2 kilometers of this trend. This knowledge coupled with the historic work by Outokumpu point to the enormous potential to significantly add resources at Haukiaho with disciplined execution of exploration activities.
While similar to the Kaukua deposit (See new release, September 30, 2019), the Haukiahio trend is more copper-nickel rich. At Kaukua, approximately ~1/3 of the in-situ value per tonne is copper-nickel, while at Haukiaho copper-nickel represent approximately ~2/3s of the in-situ value.
Figure 1. LK Project location map showing 43-101 compliant Kaukua deposit and historic Haukiaho resource along with 2020 IP grids (blue lines) and current 2021 IP grid areas (black boxes). Yellow lines represent Exploration Permits, red lines represent Exploration Reservations held by the Company.
Figure 2. Plan map of Haukiaho 2020 IP chargeability anomalies and Palladium One drill holes locations.
Figure 3. Plan map of the Haukiaho historic 2013 Finore resource estimate represented by the > 0.5g/t Pd_Eq resource shape with Palladium One drill holes.
Figure 4. Haukiaho Cross section showing holes LK21-071, Finore hole HAU11-005, and geological survey of Finland (GTK) holes R-390 and R-389.
Table 1: Palladium One Haukiaho drill results
Continues here>>>> https://www.palladiumoneinc.com/news/2021/palladium-one-drills-haukiaho-trend-intercepts-72-meters-18-gt-palladium-equivalent-finland
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Hey what a break man for those who're keen on 'er !
She fell 10 percent ! Closed at .32 - Low .315
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3Apdm&x=51&y=14&time=100&startdate=8%2F1%2F2020&enddate=6%2F23%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
Well I guess those're much better results (thicknesses) than these....
https://ceo.ca/@accesswire/grid-metals-intersects-376-gt-palladium-and-213
Since,
2.1 grams over 38 meters beats 37 grams over 1/2 a meter ! ?
Kinda looks almost like a pre-breakout move !
Thanks for the heads-up
cool !.......Darn !.....oooops !
$NKORF Palladium One Intersects 2.1 g/t Pd_Eq over 38 Meters in the Lower Zone and Expands the Upper Zone at Kaukua South, Finland
May 11, 2021
May 11, 2021 – Toronto, Ontario – Drilling continues to intersect impressive widths and grades of Platinum Group Elements (“PGE”) including 38 meters at 2.1 g/t Palladium equivalent (“Pd_Eq”) (Hole LK21-062) in the Lower Zone at Kaukua South, on the Läntinen Koillismaa (“LK”) PGE-Ni-Cu project in Finland, said Palladium One Mining Inc. (“Palladium One” or the “Company”) (TSXV: PDM, FRA: 7N11, OTC: NKORF) today. Drilling has also expanded the strike length of the Upper Zone having intersected robust mineralization which returned 51 meters @ 0.9 g/t Pd_Eq (Hole LK21-064).
46 holes (9,469 metres) have been drilled as part of the 17,500-meter Phase II Resource Definition drill program at Kaukua South, including today’s results 34 have been released, while results for 12 holes await assays. Additionally, assay results are pending for 12 drill holes at the Haukiaho Zone, where the Company completed infill drilling in advance of a NI43-101 resource estimate. Drilling is currently in hiatus for the spring thaw and is schedule to resume in later May.
When drilling resumes the intent is to target open pit resource definition of the Lower mineralized zone (down to 300 meters) on the western side of Kaukua South, and to extend mineralization immediately south of the existing Kaukua NI43-101 Open Pit constrained resource estimate.
“Our understanding of an Upper Zone of mineralization continues to expand and so does our realization that it could add a significant amount of resources to the planned NI43-101 resource estimate.
The Upper Zone lies in the hanging wall of the high-grade Lower Zone which has been the primary focus of the Phase II drill program.
The Upper Zone’s position could have a significant positive economic influence on the any future open pit scenario; and as evidenced by hole LK21-064 it can locally carry substantial grades.” said Derrick Weyrauch, President and CEO.
Highlights
Results to date are highly encouraging and show a clear path toward a maiden open pit resource at Kaukua South.
Drilling demonstrates significant continuity of open pit grades and widths in both the Upper and Lower Zones at Kaukua South.
2.06 g/t Pd_Eq over 37.9 meters in hole LK21-062 (Lower Zone)
1.22 g/t Pd_Eq over 70.5 meters in hole LK21-064 (Lower Zone)
0.92 g/t Pd_Eq over 50.6 meters in hole LK21-064 (Upper Zone)
Drilling in Kaukua south has consistently returned grades and widths, over 2 kilometers of strike length, similar to those in the Kaukua NI43-101 Open Pit constrained resource estimated immediately to the northwest.
Kaukua South Infill Drilling
Kaukua South infill drilling continues to demonstrate consistent open pit grades and widths. A total of 34 holes from the Phase II infill drill program on Kaukua South have now been released with intersections such as 47 meters at 2.6 g.t Pd_Eq in hole LK21-045 (see press release March 18, 2021) and 53 meters at 2.1 g/t Pd_Eq*, in hole LK20-028 (see press release January 18, 2021).
Kaukua South Upper Mineralized Zone
Kaukua South consists of two subparallel mineralized zones, the very continuous Lower Zone near the base of the Intrusion, which is very similar to the Kaukua deposit with high PGE tenors, has been the main focus of the current drill program. The Upper Zone occurs in the hanging wall of the Lower Zone and is characterised by higher Cu-Ni values and lower PGEs (Table 1). The Upper Zone is typically more sporadic than the Lower Zone but can exhibit great widths such as seen in hole LK21-064 which returned 50.6 meters grading 0.92 g/t Pd-Eq (Figure 2). It’s position in the hanging wall relative to the Lower Zone is key and has significant positive implications for the open pit potential of Kaukua South as it could reduce the strip ratio and allow the pit to extend to greater depths than originally contemplated and thereby improve project economics. As such, the Company is planning to define the Lower Zone down to a 300-meters depth in areas with strong Upper Zone mineralization (Figure 1.).
Figure 1. Western Kaukua South plan map, showing current NI 43-101 Kaukua Deposit conceptual pit outline (dashed yellow), IP chargeability anomalies, and Palladium One drill hole locations. Holes labels in red form part of this release.
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Continues >>>>> https://www.palladiumoneinc.com/news/2021/palladium-one-intersects-21-gt-pd_eq-over-38-meters-in-the-lower-zone-and-expands-the-upper-zone-at-kaukua-south-finland
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Eric Sprott Announces Holdings in Palladium One Mining Inc.
Toronto, Ontario--(Newsfile Corp. - May 7, 2021) - Eric Sprott announces that 1,300,000 common share purchase warrants (Warrants) of Palladium One Mining Inc. (held by 2176423 Ontario Ltd., a corporation he beneficially owns) were exercised, and when combined with intervening treasury issuances of common shares by Palladium One, represent a decrease in holdings of approximately 5.5% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the exercise of these Warrants, Mr. Sprott beneficially owned and controlled 36,300,000 common shares and 1,300,000 Warrants representing approximately 15.3% of the outstanding common shares on a non-diluted basis and approximately 15.8% on a partially diluted basis assuming the exercise of all such Warrants.
As a result of the Warrant exercise, Mr. Sprott beneficially owns and controls 37,600,000 common shares representing approximately 15.8% of the outstanding common shares on a non-diluted basis. The Warrants exercise resulted in a partially diluted ownership change of greater than 2% and, therefore, the filing of an update to the early warning report.
The securities noted above are held for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell the securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.
Palladium One is located at Suite 550, 800 West Pender Street, Vancouver, British Columbia, V6C 2V6. A copy of the early warning report with respect to the foregoing will appear on the company's profile on the System for Electronic Document Analysis and Retrieval at www.sedar.com and may also be obtained by calling Mr. Sprott's office at (416) 945-3294 (200 Bay Street, Suite 2600, Royal Bank Plaza, South Tower. Toronto, Ontario M5J 2J1).
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/83351
Palladium Price Analysis: XPD/USD to have a clear way to the 3487/3598 zone above 3053 – Commerzbank
NEWS | 5/5/2021 10:34:30 AM GMT | By FXStreet Insights Team
Palladium (XPD/USD) has reached its target zone. Karen Jones, Team Head FICC Technical Analysis Research, has a number of targets in the 3028/3053 band and if the metals fails here, a retracement to the 20-day moving average at 2834 would be feasible.
TD resistance is not encountered until 3487.58
“Palladium reached new all-time highs at 3020. It is now in our target zone. We have no fewer than 3 point and figure targets in the 3038-3053 target zone. Failure here will shift attention back to the 20-day ma at 2834 which guards the 2758 mid-March high. Below here lies 2524/2491.10 February high.”
“Only an unexpected slip below the 2491.10 February high would make us re-evaluate our longer-term bullish view and may lead to further sideways trading around the 2278.99 March low and above the September-to-January lows at 2202.99/2184.67.”
“Above 3053, we have very little until the 3487/3598 band.”
https://www.fxstreet.com/news/palladium-price-analysis-xpd-usd-to-have-a-clear-way-to-the-3487-3598-zone-above-3053-commerzbank-202105051034
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Thanks Man I have a hunch all metals are going to rise on the May 1st Silver raid
"a rising tide lifts all boats"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163408584
Jan 2020 Article
https://www.theassay.com/articles/how-palladium-and-platinums-success-is-linked-to-electric-vehicles/
PLAT
LT
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Future&symb=platinum&x=0&y=0&time=100&startdate=1%2F1%2F2000&enddate=5%2F20%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
ST
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Future&symb=platinum&x=0&y=0&time=100&startdate=1%2F1%2F2020&enddate=5%2F20%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
$NKORF Palladium One, Was a high volume leader today
Palladium One Mining 3,531,379 +$0.34
Palladium extended its blistering rally to an all-time high within striking distance of $3,000 on Friday on supply concerns and bets for improving demand
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Probably some producer would want this.
The producers are in heaven at 2400 palladium
Let alone $2700
The palladium producers are already on the moon and wearing high cotton shirts.
Maybe one of them has some spare change.
Nice to see the MC up to 52M
The drill bit players like this one don't get much attention to prices.
I've raised my expectations on this from 5 to 7 years to 3 to 5 years out.
So I'd welcome a buy out or MA,JV anytime
thanks
Awesome, thanks for the report. 52M US mkt cap ?......Bleeping someone is probably just gonna buy these guys out.
Oh what a beautiful Breakout !........Or IS it ?
March 29th
Oooops ; Perhaps that SHOULD read : ESPECIALLY if they're just explorers / whatever, but.....
March 18th
Anyways, wow.......
Time to start/keep lookin' for a Lumber-type Rally there !......
ie......Palladium could go to the moon.
True or False ?
Only thing holding this Sector back is.....
Mere co-incidence that palladium breaks out on this day ?
Palladium One Continues to Intersect Significant Widths at Kaukua South, Drills 47 Meters @ 2.3 g/t Pd_Eq
April 15, 2021
April 15, 2021 – Toronto, Ontario – Drilling continues to return significant PGE grades and widths including 47 meters at 2.3 g/t Palladium equivalent (“Pd_Eq”), (Hole LK21-061) at Kaukua South on the Läntinen Koillismaa (“LK”) PGE-Ni-Cu project in Finland, said Palladium One Mining Inc. (“Palladium One” or the “Company”) (TSXV: PDM, FRA: 7N11, OTC: NKORF) today.
Thus far, 46 holes have been drilled as part of the 17,500-meter Phase II Resource Definition drill program at Kaukua South, including today’s results, 29 have been released, while results for 17 holes are pending.The program’s goal has been to define the mineralization from surface to a depth of only 200 metres over the known 4-kilometer strike length of Kaukua South. In total 9,220 meters have been drilled to date as part of the Phase II program. Drilling is currently in hiatus for the spring thaw and is schedule to resume in mid-May.
Derrick Weyrauch, President and CEO of Palladium One said, “Drilling at Kaukua South continues to intersect impressive grades and widths, and as evidenced by hole LK21-061 these results also extend to depth. Induced Polarization (IP) surveys along the east and west extensions of Kaukua South have now been completed and we expect preliminary results shortly. The current hiatus in drilling will be used for modelling and target generation on these new extensions”
Highlights
Drilling continues to demonstrate significant continuity of open pit grades and widths at Kaukua South
46.9 meters grading 2.32 g/t Pd_Eq in hole LK21-061
52.7 meters grading 1.50 g/t Pd_Eq in hole LK21-059
45.4 meters grading 1.58 g/t Pd_Eq in hole LK21-054
44.0 meters grading 1.46 g/t Pd_Eq in hole LK21-060
Kaukua South’s Upper Mineralized Zone delineation could have significant positive implications in a mining scenario by significantly reducing the strip ratio, thereby improving project economics.
IP surveys on Kaukua South’s western and eastern extensions have been completed.
Kaukua South Infill Drilling
Kaukua South infill drilling continues to demonstrate consistent open pit grades and widths. A total of 29 holes from the Phase II infill drill program on Kaukua South have now been released with intersections such as 47 meters at 2.6 g.t Pd_Eq in hole LK21-045 (see press release March 18, 2021) and 53 meters at 2.1 g/t Pd_Eq*, in hole LK20-028 (see press release January 18, 2021). These 29 holes cover approximately 2 kilometers of the Kaukua South Zone and have returned similar widths and grades to those in the Kaukua NI43-101 Open Pit resource estimate. (Figure 1 and 2).
Kaukua South Upper Mineralized Zone
As the Phase II infill drill program progresses the importance of the Upper Mineralized Zone at Kaukua South is taking shape.Kaukua South consists of two subparallel mineralized zones, the very continuous “Lower Zone” near the base of the Intrusion which is very similar to the Kaukua deposit with high PGE tenors and is the main focus of the current drill program. The “Upper Mineralized Zone” occurs in the hanging wall to the Lower Zone and is characterised by higher Cu-Ni values and lower PGEs (Table 1). The Upper Zone is typically lower grade and more sporadic than the Lower Zone but can exhibit greater widths (Figure 3). It’s position in the hanging wall relative to the Lower Zone is key, its presence has significant positive implications for the open pit potential of Kaukua South as it could reduce the strip ratio and allow an open pit to extend to greater depths than originally contemplated and thereby improve overall project economics.
As such, the Company has revisited and is planning to increase the average drilling depth at Kaukua South in areas with strong Upper Zone mineralization.The revised plan now targets the Lower Zone down to a 300-meter depth compared to the original 200-meter depth target.
IP Survey
The current IP surveys to the west and east of the existing 4-km Kaukua South zone have been completed and preliminary results are anticipated in the coming weeks. The hiatus in the drilling due to the spring thaw will be used to analyse this new data and generate targets to expand the Kaukua South zone. IP has proven to be highly successful at outlining palladium-rich disseminated copper-nickel sulphide mineralization on the LK Project. The discovery of Kaukua South in an overburden covered area with no previous drilling was a direct result of the Company’s 2020 IP survey. The Company believes there is potential to extend the currently Kaukua South IP chargeability anomaly from the currently defined four to over seven kilometres of strike length (Figure 1).
Figure 1. Greater Kaukua area plan map, showing current NI 43-101 Kaukua Deposit conceptual pit outline (dashed yellow), Kaukua South and Murtolampi IP chargeability anomalies, and Palladium One drill hole locations. Holes labels in red form part of this release.
Comtinues here>>>
https://www.palladiumoneinc.com/news/2021/palladium-one-continues-to-intersect-significant-widths-at-kaukua-south-drills-47-meters-23-gt-pd_eq
Palladium One Expands High-Grade at Kaukua South, Drills 47 Meters @ 2.6 g/t Pd_Eq, Including 12 Meters @ 4.2 g/t Pd_Eq
March 18, 2021
View PDF
https://www.palladiumoneinc.com/news/2021/palladium-one-expands-high-grade-at-kaukua-south-drills-47-meters-26-gt-pd_eq-including-12-meters-42-gt-pd_eq
March 18, 2021 – Toronto, Ontario – Drilling has returned significant PGE (Platinum Group Element) grades of 47 meters at 2.6 g/t Pd_Eq, including 12 meters at 4.2 g/t Pd_Eq. (Hole LK21-045), defining a high-grade core at Kaukua South on the Läntinen Koillismaa (“LK”) PGE-Ni-Cu project in Finland, said Palladium One Mining Inc. (“Palladium One” or the “Company”) (TSXV: PDM, FRA: 7N11, OTC: NKORF) today.
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Holy fak - Palladium !.....Been waiting about 6 months for this.....
And suddenly palladium becomes the last one to the party ?
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Future&symb=palladium&x=0&y=0&time=100&startdate=1%2F1%2F2021&enddate=4%2F20%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Last 34.....Exited Feb 17th @ .30 cents !
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