OTC:NKORF

Palladium One Announces Multiple Drill Ready Targets on the Tyko II Nickel - Copper Project, Ontario, Canada

Retrieved on: 
Thursday, September 28, 2023
VMS, MDI, Zinc, EM, Lead, FSE, PDM, Ministry of Energy, Northern Development and Mines, Ministry, Fairy, National instrument, Nickel, Anomaly, PGE, National Instrument 43-101, Qualified person (European Union), Copper, CU, Soil, Complex, Rare-earth element, Surveying, Tyko, Zone

Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the "Company" or "Palladium One") is pleased to announce preliminary results from a VTEMmax survey on the Tyko II Property, part of the Tyko Nickel - Copper District (Figure 1).

Key Points: 
  • Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the "Company" or "Palladium One") is pleased to announce preliminary results from a VTEMmax survey on the Tyko II Property, part of the Tyko Nickel - Copper District (Figure 1).
  • "The addition of seven (7) new VTEM anomalies to our existing inventory of drill ready targets speaks to the large scale opportunity the Tyko District represents for shareholders.
  • The Tyko II project has many geological similarities to Tyko I and we look forward to receipt of additional results from the property.
  • "The recently completed VTEMmax survey is the most sensitive EM survey ever flown over the Tyko II property (Figure 2).

Palladium One Expands Its Tyko Nickel - Copper District by 8,620 Hectares, Ontario, Canada

Retrieved on: 
Monday, September 11, 2023
Smoke, Mag, Wawa, Ontario Geological Survey, VMS, Zinc, TSX Venture Exchange, Palladium, EM, FSE, Gravity anomaly, PDM, Government, Ontario (department store), Acquisition, Soil, Fairy, Copper, National instrument, Anomaly, PGE, National Instrument 43-101, Qualified person (European Union), Noranda, Electromagnetism, CU, Completion, Complex, Uranium mining, Rare-earth element, Cryptocurrency, Granite, Closing, Nickel, Tyko, Manitouwadge, Magnetism, Smoke Lake

-- Historic exploration has identified multiple copper - nickel - PGE showings which are associated with the Faries-Moshkinabi Mafic-Ultramafic complex and which share geological similarities to the Tyko I Property.

Key Points: 
  • -- Historic exploration has identified multiple copper - nickel - PGE showings which are associated with the Faries-Moshkinabi Mafic-Ultramafic complex and which share geological similarities to the Tyko I Property.
  • Tyko II brings an additional pipeline of drill permitted magmatic copper - nickel sulphide targets.
  • The Tyko II project has many geological similarities to Tyko I with several untested historic EM anomalies.
  • Geological map of the Tyko II Property (in yellow) highlighting historic copper - nickel showings and EM anomalies.

Palladium One Discovers Highly Anomalous Nickel, Copper and Cobalt Values Between the West Pickle and RJ Zones on Tyko Ni - Cu Project

Retrieved on: 
Tuesday, August 22, 2023
Palladium, FSE, Tyko, PDM, Soil, Nickel, Anomaly, Copper, Cobalt, Rare-earth element

- Palladium One has now earned an 80% interest in the high-grade West Pickle Zone.

Key Points: 
  • - Palladium One has now earned an 80% interest in the high-grade West Pickle Zone.
  • These results continue to support our geological model that strong magnetic anomalies located between West Pickle and RJ Zones represent a chonolith / feeder dyke potentially linking both zones."
  • The newly discovered nickel, copper and cobalt anomalies along the interpreted chonolith / feeder dykes potentially linking the West Pickle and RJ Zone are very strong, with values up to 785 ppm Ni and 431 ppm Cu (Figure 2).
  • Zoom in on 2023 priority exploration areas showing existing drill holes, interpreted chonoliths / feeder dykes, and proposed work programs.

Palladium One Receives Class 1 Exploration Permit and Begins Field Exploration Program on Canalask Nickel Project, Yukon, Canada

Retrieved on: 
Monday, July 10, 2023
Alaska Highway, Quartz, Nickel, TPM, Palladium, FSE, History, PDM, Discovery Zone, National instrument, Norilsk, National Instrument 43-101, Qualified person (European Union), Beaver Creek, Copper, Metallurgy, Xstrata, Total, Surveying, Uranium mining, Road, Rare-earth element, WRIC

President and CEO Derrick Weyrauch commented, "The Class 1 Exploration Permit authorizes exploration and associated preparatory work for a 12-month period at the Canalask Project.

Key Points: 
  • President and CEO Derrick Weyrauch commented, "The Class 1 Exploration Permit authorizes exploration and associated preparatory work for a 12-month period at the Canalask Project.
  • The Company has made significant progress with regulatory authority engagement as part of a Class III Exploration Permit application.
  • Canalask Project with recent drone based magnetic survey showing total field and location of site visit grab samples.
  • Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.

Palladium One Identifies Additional Chonolith / Feeder Dyke Structures, Field Season Initiated on the Tyko Nickel Project, Canada

Retrieved on: 
Tuesday, May 16, 2023
Magnetism, Palladium, FSE, PDM, Soil, Map, Anomaly, Medical imaging, Surveying

With the increased resolution, a significantly more detailed geological model has been prepared resulting in the identification of additional interpreted chonoliths / feeder dykes structures.

Key Points: 
  • With the increased resolution, a significantly more detailed geological model has been prepared resulting in the identification of additional interpreted chonoliths / feeder dykes structures.
  • The 2023 exploration program is focused on ground truthing and drill testing interpreted chonoliths / feeder dykes on the Tyko Project.
  • The 2023 magnetic survey was designed to refine the geometry of the interpreted chonoliths / feeder dykes across Tyko's 30-kilometer strike length.
  • Zoom in on the 2023 priority exploration areas - showing existing drill holes, interpreted chonoliths / feeder dykes, and proposed work programs.

Palladium One Announces Exercise of Anti-Dilution Right by Strategic Shareholder

Retrieved on: 
Monday, May 15, 2023
PDM, Exercise, Palladium, Indian stock exchange, Acquisition, FSE, Funding, Security (finance), Glencore

The Common Shares were issued at a price of $0.11 per Common Share for aggregate gross proceeds of $818,297.80 (the "Financing").

Key Points: 
  • The Common Shares were issued at a price of $0.11 per Common Share for aggregate gross proceeds of $818,297.80 (the "Financing").
  • Following the Financing, Glencore holds approximately 9.99% of the Company's equity on a partially diluted basis.
  • All Common Shares issued under the Financing are subject to a four-month hold period from the closing date.
  • No fees were paid in connection with Glencore's investment.

Palladium One Completes Previously Announced Acquisition of MetalCorp Limited, Expanding its Canadian Footprint

Retrieved on: 
Wednesday, May 3, 2023
Share, MTC, RSU, Par value, Model Business Corporation Act, Telephone, Arrangement, FSE, Consultant, PDM, CDS, Acquisition, Effectiveness, SEDAR, DRS, Security (finance), Palladium, Financial adviser

Pursuant to the Arrangement, among other things, Palladium One acquired all of the issued and outstanding shares of MetalCorp.

Key Points: 
  • Pursuant to the Arrangement, among other things, Palladium One acquired all of the issued and outstanding shares of MetalCorp.
  • The Arrangement became effective at 12:01 a.m. (Toronto time) on May 2, 2023 (the "Effective Time"), resulting in MetalCorp becoming a wholly-owned subsidiary of Palladium One.
  • Importantly, Palladium One assumes a significant pool of assessment credits and therefore has no spending obligations for many years to come," commented Derrick Weyrauch, President and Chief Executive Officer of PDM.
  • Bennett Jones LLP is acting as Palladium One's legal advisor.

Palladium One Intersects Wide Zones of Mineralization at West Pickle, on the Tyko Nickel Project, Canada

Retrieved on: 
Wednesday, April 19, 2023
Smoke, Accreditation, ISO, Palladium, FSE, CVG, QA/QC, Snow, Chonolith, RJ, PDM, Drill, Nickel, Hole, PGE Polska Grupa Energetyczna, ISO 9001:2015, ICP-OES, Copper, Surveying, Tunnel, Salt, Rare-earth element, Exploration, Tyko

Tyko Property map showing various mineralized zones and multi-line VTEM anomalies,

Key Points: 
  • Tyko Property map showing various mineralized zones and multi-line VTEM anomalies,
    depth detectable by the 2021 VTEM airborne survey.
  • - Wide zones of nickel-copper mineralization intersected at West Pickle Include:
    - The most easterly hole to date on West Pickle returns high grade:
    - West Pickle shown to contain wide zones of mineralization similar to the nearby RJ Zone, and narrower zones of high-grades similar to the Smoke Lake Zone, located 20 kilometers to the east.
  • To date a total of 32 holes, totalling 6,766 meters have been drilled in the vicinity of the West Pickle Discovery.
  • At present, West Pickle mineralization has been defined over more than 600 meters of strike length (Figure 2,3).

Palladium One Intersects Wide Zones of Mineralization at West Pickle, on the Tyko Nickel Project, Canada

Retrieved on: 
Wednesday, April 19, 2023
Smoke, Palladium, FSE, CVG, Chonolith, Snow, RJ, PDM, Nickel, Hole, Copper, Salt, Rare-earth element, Surveying, Typesetting, Tyko

These results represent the widest intercepts to date from the West Pickle Zone massive sulphide discovery.

Key Points: 
  • These results represent the widest intercepts to date from the West Pickle Zone massive sulphide discovery.
  • To date a total of 32 holes, totalling 6,766 meters have been drilled in the vicinity of the West Pickle Discovery.
  • At present, West Pickle mineralization has been defined over more than 600 meters of strike length (Figure 2,3).
  • Tyko Property map showing various mineralized zones and multi-line VTEM anomalies, background is Calculated Vertical Gradient Magnetics ("CVG").

Palladium One Announces Completion of Strategic Equity Investment by Glencore

Retrieved on: 
Wednesday, April 12, 2023
Indian stock exchange, Private, FSE, PDM, Private placement, News, Security (finance), Palladium, Glencore

Pursuant to the Private Placement, PDM issued 28,347,000 common shares ("Common Shares") at C$0.15 per Common Share.

Key Points: 
  • Pursuant to the Private Placement, PDM issued 28,347,000 common shares ("Common Shares") at C$0.15 per Common Share.
  • Upon completion of the Private Placement, Glencore owns approximately 9.99% of the issued and outstanding Common Shares of PDM on a non-diluted basis.
  • In connection with the Private Placement, Palladium One and Glencore entered into an investor rights agreement (the "Investor Rights Agreement"), pursuant to which Glencore is entitled to certain customary rights including participation rights on future equity security issuances and a right to nominate an individual to the technical committee of Palladium One.
  • Under the Investor Rights Agreement, Glencore will agree to certain customary transfer and standstill restrictions.