makinezmoney
4月前
$CGTRF: No shortage of Nickel and Palladium though
Now at $0.03 !!!!!!!!!!!!
Average DOWN and profit
GO $CGTRF
**************************************************************************
T Resources Project Update for the Copper - Nickel - Palladium - Platinum ("PGE") LK Project, Finland
Newsfile Corp.
Newsfile Corp
Toronto, Ontario--(Newsfile Corp. - January 13, 2026) - GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1) (the "Company" or "GT") is pleased to provide an update on the Läntinen Koillismaa ("LK") Copper - Nickel - Palladium - Platinum Project, located in northcentral Finland.
Highlights
The Company has commenced an extensive assay infill and re-assay program for the Kaukau Zone of the existing LK deposit. Over 5,000 samples from across the Kaukua Zone are expected to be analysed to better define known mineralization.
This work is being conducted in preparation for a potential Resource Update and Preliminary Economic Assessment ("PEA").
Background
LK is the Company's most advanced project having an existing NI43-101 Palladium - Platinum - Copper dominated open pit Resource Estimate1 as follows:
Indicated Resources: 1.1 Million ounces Total Precious Metals (Palladium + Platinum + Gold) ("TMP"), 111 Million pounds of Copper, 92 Million pounds of Nickel, contained in 38.2 million tonnes.
Inferred Resources: 1.1 Million ounces TMP, 173 Million Pounds Copper, 152 Million Pounds Nickel, contained in 49.7 million tonnes.
The LK project remains open for expansion laterally and at depth, notably along the 17-km long Haukiaho Trend (see July 20, 2022 news release)
Neil Pettigrew, Vice President Exploration, commented "With the resurgence of the platinum and palladium markets coupled with Europe's focus on developing domestic critical mineral supply channels, GT is well positioned with the suite of metal that global markets require.
The LK Project, located in northcentral Finland, represents the Company's most advanced project having a NI 43-101 open pit Resource Estimate (Table 1a & 1b) and is well positioned to supply the European Union with critical minerals, notably copper, palladium and platinum, of which Finland is heavy dependant on imports with only one producing mine (Boliden's Kevitsa Mine). Boliden also operates both copper and nickel smelters in Finland, thereby providing LK a potential competitive logistical advantage."
Assay Infill and Re-assay Program
The current infill and re-assay program is focused on the historic drilling of the Kaukua Zone which was undertaken prior to 2009. The historic drill programs did not sample 100% of the drill core, and potential remains to identify additional in pit resources. A total of ~500 infill samples are being collected and will be submitted for analysis.
The primary focus of the program is to produce a homogenous assay database at Kaukua with all samples analysed using the same analytical techniques. Historic drill programs used the "Aqua Regia" digestion method. Aqua Regia is a partial digestion method which underestimates the total nickel grade as it only digests sulphide hosted nickel. The majority of the drill hole samples at Kaukua were completed by the Company and were analysed with the "Four Acid" digestion method which provides a more complete digestion of the sample and representation of total nickel grade. All the Metallurgical testing by the Company and the Net Smelter Return ("NSR") calculation used in the 2022 Mineral Resource Estimate assumed all samples were analysed using the Four Acid digestion method. This resulted in a two-fold effect: it under reported total nickel grades and secondly applied an unnecessarily harsh nickel recovery to historic drill holes. Re-assaying historic samples analysed by Aqua Regia was one of the recommendations from the 2022 technical report.
A total of ~4,600 drill core pulps are being collected and will be submitted for analysis. Once these results have been compiled and analyzed on the Kaukua Zone the re-assay program may be extended to the Haukiaho Zone which has an even larger proportion of historic drill holes.
Resource Expansion Potential
The 17-kilometer long Haukiaho trend represents the nearest term expansion potential (Figure 3). The Haukiaho Deposit currently occupies only 2 kilometers of this trend. Historic drilling along this trend, primarily by Outokumpu in the 1960's was only sampled for copper and nickel, partial resampling of historic drill core by the Company in 2022 (see July 20, 2022 news release) returned significant platinum and palladium grades.
Figure 3. Location Map of the LK Project, NI 43-101 Mineral Resources, and near-term expansion potential
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/280109_72361bf0d414797c_001full.jpg1
1 Mineral Resource Estimate dated April 25, 2022:
Table 1a. 2022 LK MRE
MINERAL RESOURCE ESTIMATE - April 2022
Tonnes & Grade
Strip Ratio Tonnes (Mt) Pd
(g/t) Pt
(g/t) Au
(g/t) TPM
(g/t) Cu
(%) Ni
(%) Co
(g/t)
Indicated
Kaukua Area 1.50 38.2 0.61 0.22 0.07 0.89 0.13 0.11 64.56
Inferred
Kaukua Area +Murtolampi 1.45 30.8 0.52 0.20 0.08 0.80 0.14 0.14 86.07
Haukiaho 0.58 18.9 0.27 0.11 0.10 0.48 0.18 0.14 54.30
Total Inf. 1.26 49.7 0.43 0.17 0.09 0.68 0.16 0.14 73.98
Table 1b: 2022 LK MRE In-situ contained metal
MINERAL RESOURCE ESTIMATE - April 2022
Contained Metal
Strip
Ratio Pd
(M oz) Pt
(M oz) Au
(M oz) TPM
(M oz) Cu
(M lbs) Ni
(M lbs) Co
(M lbs)
Indicated
Kaukua Area 1.50 0.74 0.26 0.08 1.09 110.7 91.6 5.4
Inferred
Kaukua Area +Murtolampi 1.45 0.52 0.20 0.07 0.79 96.5 93.9 5.8
Haukiaho 0.58 0.16 0.07 0.06 0.29 76.4 57.5 2.3
Total Inf. 1.26 0.68 0.26 0.14 1.08 172.9 151.5 8.1
Notes:
CIM (2014) definitions were followed for Mineral Resources.
The Mineral Resources have been reported above a preliminary open pit constraining surface using a Net Smelter Return (NSR) pit discard cut-off of US$12.5/t (which for comparison purposes equates to an approximately 0.65 g/t Palladium Equivalent in-situ cut-off, based on metal prices only).
The NSR used for reporting is based on the following: Long term metal prices of US$ 1,700/oz Pd, US$ 1,100/oz Pt, US$ 1,800/oz Au, US$ 4.25/lb Cu, US$ 8.50/lb Ni and US$ 25/lb Co. Variable metallurgical recoveries for each metal were used at Kaukua and Murtolampi and fixed recoveries of 79.8% Pd, 80.1% Pt, 65% Au, 89% Cu, 64% Ni and 0% Co at Haukiaho. Commercial terms for a Cu and Ni concentrate based on indicative quotations from smelters.
Total Precious Metals (TPM) equals palladium plus platinum plus gold
Bulk densities range between 1.8 and 3.23 t/m3.
Numbers may not add up due to rounding.
Mineral Resources, which are not Mineral Reserves, do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues.
The quantity and grade of reported inferred resources in this estimation are conceptual in nature and there has been insufficient exploration to define these inferred resources as an indicated or measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resource category.
The Mineral Resource Estimate was prepared by the Company under the supervision of Mr. Sean Horan, P.Geo., Technical Manager of Geology at SLR Consulting Ltd., based in Toronto, Ontario, Canada. Mr. Horan is an Independent Qualified Person as defined by NI 43-101. The Mineral Resource Estimate in the April 25, 2022 news release has been classified in accordance with CIM Definition Standards on Mineral Resources and Mineral Reserves (May 14, 2014).
Qualified PersonThe 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 GT ResourcesGT Resources Inc. (TSXV: GT) is a mineral exploration company with a strategy to develop copper, nickel, platinum and palladium mining projects in Europe and North America. Our projects are located in Finland and Canada and are comprised of district scale opportunities that have attracted strategic investment from a major mining company.
Follow GT Resources on LinkedIn, Twitter, and at https://gtresourcesinc.com/.
ON BEHALF OF THE BOARD
"Derrick Weyrauch"
President & CEO, Director
For further information contact:
Derrick Weyrauch, President & CEO
Email: info@GTResourcesinc.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 GT Resources 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 mineral and 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 the impact of governmental entities. 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.
https://images.newsfilecorp.com/files/6502/280109_72361bf0d414797c_logo.jpg
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280109
SOURCE GT Resources Inc.
https://api.newsfilecorp.com/newsinfo/280109/130
makinezmoney
3年前
$NKORF: Huge news.... GLENCORE INVESTMENT
Toronto, Ontario--(Newsfile Corp. - March 30, 2023) - Palladium One Mining (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) ("Palladium One" or "PDM") is pleased to announce that it has entered into a subscription agreement for a C$4,252,050 non-brokered private placement financing (the "Private Placement") with a wholly owned subsidiary of Glencore plc ("Glencore"). Pursuant to the Private Placement, PDM will issue 28,347,000 common shares ("Common Shares") at C$0.15 per Common Share. Upon completion of the Private Placement, Glencore will own approximately 9.99% of the issued and outstanding Common Shares on a non-diluted basis.
"We welcome Glencore as a shareholder and are pleased that our efforts to build a portfolio of nickel - copper sulphide projects in Tier 1 jurisdictions has been recognized and endorsed by an industry leader. We believe this transaction highlights the deep discount to fundamental value and strategy that PDM's shares represent.
"By utilizing its financial resources and expertise Palladium One will continue to execute its strategy of maximizing exposure to critical minerals on a per share basis.
"We look forward to working with Glencore's exploration team to advance our common exploration and development goals," commented Derrick Weyrauch, Chief Executive Officer of PDM.
"We are very pleased to become a cornerstone investor in Palladium One. The management team has been able to put together a sizeable land package focused on critical minerals. The exploration results to date have been very encouraging and we look forward to working with Palladium One to build on the success the team has had to date," commented Wayne Ashworth, Head of Nickel Assets for Glencore.
Net proceeds of the Private Placement are intended to be used for exploration and development activities at the Company's nickel projects, for future exploration and development activities, working capital and general and administrative expenses.
In connection with the Private Placement, Palladium One and Glencore will enter into an investor rights agreement (the "Investor Rights Agreement"), pursuant to which Glencore will be 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 (such committee will be formed on execution of this investment). Under the Investor Rights Agreement, Glencore will agree to certain customary transfer and standstill restrictions.
The Private Placement is expected to close on or about April 11, 2023, subject to customary conditions, including acceptance by the TSX Venture Exchange. The Common Shares issued pursuant to the Private Placement will be subject to a four-month hold period from the date of issuance in accordance with applicable securities laws. No commissions or finder fees are payable in connection with the Private Placement.
About Palladium One
Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially conscious Metals for Green Transportation. A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Canada and Finland. The Läntinen Koillismaa (LK) Project in north-central Finland, is a PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively. Follow Palladium One on LinkedIn, Twitter, and at www.palladiumoneinc.com.
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.
These forward-looking statements include, but are not limited to, statements relating to the proposed Private Placement; expected future attributes, capitalization and strategy of Palladium One following the completion of the Private Placement; the anticipated benefits of, and rationale for, the Private Placement; plans, strategies and initiatives for Palladium One; terms and conditions of the Separation, including the expected use of proceeds of the Private Placement; the anticipated timing for completion of the Private Placement; the terms and conditions of the Investor Rights Agreement; and other statements that are not historical facts.
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.
GO $NKORF
JD400
4年前
Palladium One Acquires the Canalask Nickel-Copper-PGE Project, Yukon, Canada
June 13, 2022
$NKORF
HIGHLIGHTS
Numerous high-grade showings
Strong potential for massive nickel sulphide mineralization
Hosts both magmatic Norilsk “feeder type” mineralization and epigenic “footwall-type” deposit
Drill ready targets
Historic Mineral Resource Estimate, 400,000 tonnes at 1.35% nickel
Excellent access from adjoining Alaska Highway
Proximal to multiple communities
June 13, 2022 – Toronto, Ontario – Palladium One Mining Inc. (TSX-V: PDM, OTCQB: NKORF, FRA: 7N11) (the "Company" or “Palladium One”) is pleased to announce the acquisition of the Canalask Nickel-Copper-PGE Project, located beside the Alaska Highway in Yukon, Canada (the "Canalask Property"), from Victoria Gold Corporation (the "Vendor").
Palladium One’s geological team, which is comprised of functional experts in sulphide nickel-copper-PGE deposits, has recognized another over-looked, under explored prospect. With a historical resource estimate dating back to 1968, a top nickel producer, Falconbridge Ltd., initiated exploration activities at Canalask in 2006, however, Xstrata plc’s acquisition of Falconbridge in late 2006 curtailed exploration and the project has had limited exploration since then. The vendor, Victoria Gold, held the project since 2009 and focused its efforts on successfully bringing its Eagle Gold mine into production.
The known occurrences at Canalask are hosted in the White River mafic-ultramafic complex, which hosts other nickel-PGE deposits including the past-producing Wellgreen mine. The prospective horizon extends for more than 10 kms on the newly acquired property.
“The Palladium One team recognizes that the area explored represents a small portion of what is clearly an extensive and highly prospective system capable of hosting a major deposit. Canalask complements the massive sulphide Tyko Project in Ontario, where exploration drilling is currently underway. With $14 million of cash on hand as at March 31, 2022 the Company remains well-funded to add value to its projects.”, commented Derrick Weyrauch, President and CEO.
Transaction Details
The Canalask Property was acquired through a wholly-owned subsidiary of the Company and structured as an asset acquisition with consideration as follows:
$25,000 shall be payable in cash on Closing.
$200,000 shall be payable in common shares of the Company on Closing.
The Vendor shall retain a 2% Net Smelter Return (“NSR”) royalty, with the Company retaining a 50% buyback right.
Contingent consideration includes:
$2,000,000 will be paid to the Vendor upon the earlier of (A) the publication of a Feasibility Study, or (B) the Commencement of Commercial Production; and
$5,000,000 will be paid to the Vendor upon the commencement of commercial production on the Canalask Property.
Completion of the transaction is subject to TSX Venture Exchange approval.
Canalask Property
The Canalask Property is located within the Whitehorse Mining District, approximately 300 kilometers northwest of Whitehorse, Yukon and is accessible from the Alaska Highway near Beaver Creek. The Canalask Property consists of a contiguous block of 179 quartz claims covering an approximate area of 3,400 hectares.
Exploration on the project dates to the 1950’s when the Canalask footwall zone was originally discovered, drilled and partially developed. A Historical resource estimate on the Main Zone is quoted at 400,000 tonnes at 1.35% Nickel by Discovery Mines Ltd. in 1968 (Yukon Assessment Report 094599). Early Metallurgical floatation test work returned concentrate grades as high as 19.7% Nickel (Yukon Assessment Report 093256). Exploration continued on the project up to the early 2000’s through a series of surface programs including geochemical surveys, geological mapping and geophysics. During these campaigns numerous high-grade Ni-Cu-PGE showings, such 4.7% Nickel, 0.6% Cu and 6.82 g/t PGE in grade samples at the Discovery zone (Yukon Assessment Report 094599), were discovered along the length of the ultramafic-mafic body. In 2006 Xstrata completed a NI-43-101 Technical Report (Yukon Assessment Report 094599) on the project. Readers are cautioned that the Company has not verified the Historical Mineral Resource Estimate and therefore the data should not be relied upon.
Geology Overview
The Canalask Property covers the lateral extent of the northwest – southeast striking, steeply dipping “White River Intrusive Complex” (WRIC), which is part of the larger Kluane Mafic-Ultramafic Belt. The Kluane belt extends from northern British Columbia to east-central Alaska, within the Pennsylvanian to Triassic Wrangellia Terrane volcanics and sediments. The belt is host to numerous nickel-copper +/- platinum-palladium deposits and prospects, most notably the past producing Wellgreen Deposit, now held by Nickel Creek Platinum Corp., approximately 110 kilometers to the south. The WRIC occurs as a sill-like body of ultramafic and mafic rocks 100 to 150 meters thick and dipping approximately 50 degrees to the southwest. The northern margin of the WRIC represents the basal footwall contact zone while the southern margin delineates the upper hanging wall intrusive contact. The intrusion itself is dominantly composed of peridotite and dunite with a mineralized basal gabbro zone.
The WRIC is a favourable setting for magmatic nickel-copper sulphide mineralization as it is considered a “feeder system” with a high volume of magma flow. As evidenced by the abundance of magmatic Ni-Cu-PGE showings at the base of the WRIC and the discovery of the Ni-rich Canalask footwall deposit, the project hosts strong potential for both “magmatic feeder-type” basal deposits and “epigenetic footwall-type” footwall deposits. The geological setting draws comparison to the world-class Norilsk Ni-Cu-PGE camp.
Note:
The Company has not attempted to verify the historic mineral resource estimate and therefore readers should not place any reliance on the historical estimate.
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 a Qualified Person as defined by National Instrument 43-101.
About Palladium One
Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially conscious Metals for Green Transportation. A Canadian mineral exploration and development company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in leading mining jurisdictions. Its flagship project is the Läntinen Koillismaa (LK) Project in north-central Finland, which is ranked by the Fraser Institute as one of the world’s top countries for mineral exploration and development. LK is a PGE-copper-nickel project that has existing Mineral Resources. PDM's second project is the 2020 Discovery of the Year Award winning Tyko Project, a high-grade sulphide, copper-nickel project located in Canada. Follow Palladium One on LinkedIn, Twitter, and at www.palladiumoneinc.com.
ON BEHALF OF THE BOARD
“Derrick Weyrauch”
President & CEO, Director
For further information contact:
Derrick Weyrauch, President & CEO
https://palladiumoneinc.com/news/2022/palladium-one-acquires-the-canalask-nickel-copper-pge-project-yukon-canada
Victoria Gold Virtual Site Tour
Oct 27, 2020
25K What a deal wow, PDMs new 'Whitehorse' area is just below the eagle mine
JD400
4年前
$NKORF Palladium One Announces Drilling of the Award Winning Tyko Nickel-Copper-Cobalt Project, Canada
May 11, 2022
Highlights
Three of five Exploration Permits have been received.
A 15,000-meter diamond drilling program is planned.
Drilling to begin later this month.
Initial target areas are the highly prospective Bulldozer North, South and West Pickle Lake multi-line VTEMmax anomalies, which are coincident with highly anomalous Cu and Ni in soils (Figure 1 and 2).
Construction of an all-weather camp has been completed.
70-kilometer Induced Polarization (“IP”) survey recently completed; results expected shortly.
May 11, 2022 – Toronto, Ontario – Palladium One Mining Inc. (TSX-V: PDM, OTCQB: NKORF, FRA: 7N11) (the "Company" or “Palladium One”) is pleased to announce that three of five Exploration Permits have been received for the Tyko Nickel-Copper-Cobalt Project, located near White River, Ontario. A 15,000-meter diamond drill program is planned and is scheduled to begin this month.Tyko hosts nickel, copper and cobalt, each of which has been designated a Critical Mineral in Canada, the United States and the European Union.
continues here
https://palladiumoneinc.com/news/2022/palladium-one-announces-drilling-of-the-award-winning-tyko-nickel-copper-cobalt-project-canada
JD400
4年前
NKORF Palladium: What Retail Investors Need to Know
Mar 30, 2022
Crux Investor
Sign up for Crux Investor: https://cruxinvestor.com
Matthew Gordon spoke with Derrick Weyrauch, President and CEO of Palladium One Mining (TSX-V: PDM) to discuss the global Palladium market, especially in the light of the currently planned sanctions against Russia.
Our previous interview: https://youtu.be/ffKMGTI4u30
Palladium One Mining Inc. is a Platinum Group Element (“PGE”) green energy metals focused company operating in tier 1 jurisdictions. The company boast a highly experienced management team with vast amounts of mining experience. The assets of Palladium One are comprised of the Läntinen Koillismaa (LK) project in north-central Finland and the Tyko Property located near Ontario Canada. The company boasts a diverse asset base with an approximate 50/50 split between battery metals such as cobalt, copper and nickel and precious metals such as palladium, platinum, and gold.
Weyrauch believes that the global palladium market will continue to experience extreme volatility in the foreseeable future. The global Palladium market is very small when compared to other mineral markets, with the global mined amount per annum being only 7 million ounces. The global palladium market is primarily controlled by Russia and South Africa, which are each responsible for 40% of the world’s palladium supply. South Africa is another challenged jurisdiction due to its political climate.
Weyrauch further believes that due to the use of palladium in catalytic converters of vehicle exhaust systems, the international community is hesitant to completely shut down 40% of the global supply. He believes that a dedicated palladium mining industry is required, to ensure supply security in the future.
Weyrauch believes that Palladium One Mining Inc. is well-positioned to meet the impending global demand, due to it only operating in stable jurisdictions. The Russia-Ukraine geopolitical situation, the possible reduction in palladium supply from South Africa and no viable alternatives for palladium in the automotive sector will only add to the minerals scarcity in the future.
0:00 - Company Overview
0:26 - Views on the Current Palladium Market
1:32 - Implications of the Russian Sanctions to the Palladium Market
2:49 - Possible Russia’s circumvention around the Sanctions through China
4:35 - Implications of the Governments’ Interventions to the Company Operations
7:49 - Possible Issues that might arise from Building a Mining Company
10:15 - Possibility of Palladium Substitution and its Implications
13:21 - ESG Implementation in Palladium Mining
15:18 - Implications of Primary Producers’ Byproduct Selling to the Palladium Market
17:58 - Perspective on Future Palladium Supply with regards to Scarce Primary Producers
20:43 - Issues around Nickel Prices at the London Metal Exchange
21:51 - Confidence in the Nickel Operations
24:02 - Implications of the Russian Sanctions to the Nickel Market
25:21 - Garnering Attention and Conversations for Collaboration and Investments
29:12 - Outro
—
Crux Investor is an investing app for busy people. For a small, monthly membership fee you’ll receive a single stock recommendation each month, curated by industry experts and presented in a clear and focused one-page memo. Head to Crux Investor to learn more and to sign up for your time-saving, stress-slaying membership today.
Learn more: https://cruxinvestor.com
JD400
4年前
Red-hot nickel, copper and palladium bodes well for Palladium One
$NKORF
The current commodity price surge puts Palladium One Mining (TSXV:PDM, OTC:NKORF, FSE:7N11) in the driver’s seat, as it embarks on its next phase of exploration.
By giving investors exposure to palladium and nickel, primarily, but also copper, cobalt and platinum, PDM ranks, in AOTH’s opinion, as one of the best energy metal exploration companies.
And at just CAD$0.25 a share, it is also, in our view, among the most undervalued.
Palladium One is fortunate to have a palladium focus at its LK project in Finland. If it becomes a mine, LK could supply the PGE raw materials for gas-powered catalytic converters expected to serve as a bridge between fossil-fueled internal combustion engines and all-electrics. And Palladium is expected to play a major role in the hydrogen economy, read more below.
Outstanding article continues here >>> https://aheadoftheherd.com/red-hot-nickel-copper-and-palladium-bodes-well-for-palladium-one/
JD400
4年前
PRECIOUS-Palladium slides more than 10% as shortage fears ease; gold falls 1%
Mar 14, 2022 7:59AM EDT
Credit: REUTERS/ALEXANDER MANZYUK
Palladium slumped more than 10% on Monday, erasing the bulk of a rally that had taken it to record highs during the Ukraine crisis as supply worries eased. Amid cautious hopes for progress in peace talks, gold also fell more than 1%.
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* Global shares rise on hopes for progress in peace talks
* Gold down for second session in a row
* U.S. Treasury 10-yr. yields climb
By Bharat Gautam
March 14 (Reuters) - Palladium slumped more than 10% on Monday, erasing the bulk of a rally that had taken it to record highs during the Ukraine crisis as supply worries eased. Amid cautious hopes for progress in peace talks, gold also fell more than 1%. Autocatalyst metal palladium , of which Russia is the biggest producer, was down 9.3% at $2,555.46 per ounce by 1102 GMT, facing its biggest daily percentage drop in at least nine months. It fell as much as 11.1% earlier in the session. Tentative hopes of progress in peace talks between Ukraine and Russia lifted equity markets on Monday. Ukraine said it had begun "hard" talks on a ceasefire, immediate withdrawal of troops and security guarantees with Russia after both sides reported rare progress at the weekend. [MKTS/GLOB] "Palladium over-reacted in the first place." StoneX analyst Rhona O'Connell said. "The rally we've seen has been built on straw, rather than on concrete." There was no clear supply disruption and very little industrial demand, she added.
Russian mining giant Nornickel's biggest shareholder told Russian RBC TV on Saturday the group has managed to secure alternative routes for its palladium deliveries even as it faced significant logistics constraints.
A market authority said last week that Russian refiners can continue to sell platinum and palladium in top hub London.
Platinum dropped 3.7% to $1,039.85. Spot gold was down 1.2% at $1,962.01 per ounce, while U.S. gold futures shed 1% to $1,964.00.
While there is a risk-on mood across major markets, "I wouldn't call this (the recent rally) the peak in gold just yet, because this (Ukraine) situation is still uncertain. It's so fluid," Julius Baer analyst Carsten Menke said.
Menke also said short-term speculative traders who bought gold due to the war were now possibly booking profits.
Also pressuring non-yielding bullion, benchmark U.S. 10-year Treasury yields surged as the U.S. Federal Reserve is expected to raise interest rates at a two-day event later this week. [US/]
Spot silver shed 2.3% to $25.20 per ounce.
https://www.nasdaq.com/articles/precious-palladium-slides-more-than-10-as-shortage-fears-ease-gold-falls-1
JD400
4年前
$NKORF Palladium One Reports Final Assay Results for Kaukua South Drilling, Finland, returned 4.4 g/t Pd_Eq over 7.5 Meters within 2.6 g/t Pd_Eq over 49.3 Meters
February 7, 2022
Highlights
All assay results have been received for the greater Kaukua area, three Murtolampi Zone drill holes remain pending.
Final Kaukua South results include 4.4 g/t Palladium Equivalent (Pd_Eq) over 7.5 meters within 2.6 g/t Pd_Eq over 49.3 meters in hole LK21-122.
The Far Eastern IP Anomaly was tested with two holes both returning Upper and Lower Zone Kaukua-style PGE-Cu-Ni mineralization, up to 1.5 g/t Pd_Eq over 18.2 Meters in hole LK21-031.
The Far Eastern IP Anomaly is a high priority area for future resource expansion, and permitting in this area has been accelerated.
February 7, 2021 – Toronto, Ontario. Final assay results for Kaukua South are have been received, with intersection up to 4.4 g/t Pd_Eq over 7.5 meters, within 2.6 g/t Pd_Eq over 49.3 meters, in hole LK21-122 starting at 55 meters down hole (Figure 1), said Palladium One Mining Inc. (“Palladium One” or the “Company”).
Derrick Weyrauch, President and CEO commented: “Resource definition drilling on Kaukua South has again produced stellar grades and widths. New mineralized zones continue to be discovered, as demonstrated with reconnaissance drilling on the Far East IP anomaly which returned Kaukua-style PGE-Cu-Ni mineralization having typical resource grades and widths. It is apparent that the Far East is the highest priority area for resource expansion in the greater Kaukua area, which hosts an approximately 6-kilometer long mineralized strike length.”
All assay for the greater Kaukua area, with the exception of three holes in the satellite Murtolampi Zone, have now been received (Figure 1, 2, 3). Resource modelling can now begin for the updated Kaukua mineral resource estimate, expected in Q1 2022.
The Far East IP anomaly (Figure 3) was tested with two drill holes which retuned up to 1.5 g/t Pd_Eq over 18.2 Meters in hole LK21-031 in the Lower Zone. Both holes also intersected the Upper Zone, confirming the same stratigraphy found in Kaukua South. The Upper Zone was also well mineralized returning 1.0 g/t Pd_Eq over 12.0 meters in hole LK21-131. It is now apparent that the Far East IP anomaly is simply a continuation of Kaukua South, which has now been drill tested over 4.5 kilometers and represents an excellent target for additional near surface resource expansion.
Drill pad location options for the Far East IP anomaly (holes LK21-130 & 131) were restricted due to the area’s tenure being an Exploration Permit application. Resource definition drilling of the Far East IP anomaly will require receipt of the Exploration Permit as the remaining target area is federally owned land and federal lands can only be drilled with an Exploration Permit.
Drill pad location options are even more restricted for the Western IP bullseye anomaly (Figure 1) and therefore it was only tested with one drill hole, LK21-129. This 401-meter hole was drilled in a suboptimal western direction due to the need to locate the drill pad on an existing Exploration Permit. The hole intersected primarily granophyric intermediate to felsic rock interpreted to be related to thermally altered felsic and intermediate volcanics which form the cap rock of the mafic-ultramafic Kollisamaa Complex. Portion of the granophyric rock contained abundant fine-grained magnetite which may be responsible for the strong chargeability IP response. The rock types intersected in hole LK21-129 suggest that this is the “roof” of the Kollisamaa Complex, indicating that there may be downfaulting along the northeast trending fault to the west of the Kaukua Pit area. Additional testing is planned for this anomaly with more optimal northern drilling directions.
Figure 1. Historic and current drilling in the Kaukua area having a drill data cut-off date of September 30, 2021 (hole LK21-137), assays have been received for holes up to LK21-134, the remainder are pending. Background is Induced Polarization (“IP”) Chargeability.
Figure 2. Kaukua South Long Section, looking north showing all drill holes and results in Kaukua South.
Figure 3. Eastern Half of Kaukua South showing the Far East IP Anomaly and drill holes LK21-130 and 131
Continues here>>>>
https://www.palladiumoneinc.com/news/2022/palladium-one-reports-final-assay-results-for-kaukua-south-drilling-finland-returned-44-gt-pd_eq-over-75-meters-within-26-gt-pd_eq-over-493-meters
JD400
4年前
Palladium price highest in four months amid Ukraine-Russia crisis
MINING.COM Staff Writer | January 27, 2022 | 9:07 am Markets Europe Palladium Platinum
Good article here as Tensions between Russia and the West over Ukraine have heightened
Palladium, was the worst-performing major commodity in 2021.
The impact of the semiconductor shortage on car production soured the demand outlook, causing prices to plummet in the second half of the year
Bank sees the metal averaging $2,100 an ounce this year.
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Palladium price highest in four months amid Ukraine-Russia crisis
MINING.COM Staff Writer | January 27, 2022 | 9:07 am Markets Europe Palladium Platinum
Palladium Soars as Russia Tension Fuels Rush for Metal
Ukrainian troops (Stock Image)
Palladium price hit the highest in four months, with traders looking to secure supplies amid growing tensions over Ukraine as Russia, the top metal producer, amassed troops near the border.
The metal jumped 7.3% to $2,359.79 an ounce on Wednesday, having hit its highest since Sept. 8 at $2,382.82, extending this year’s rally to almost 25%. Platinum climbed 2.1% to $1,047.00.
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(Click here for an interactive chart of palladium prices)
Heraeus precious metals wrote in a note on Tuesday that palladium would “remain volatile this year as the market is finely balanced and any events which change supply or demand could shift the market further into surplus or into deficit.”
Tensions between Russia and the West over Ukraine have heightened concerns supplies may be disrupted, according to Henrik Marx, global head of trading at Heraeus Metals Germany GmbH & Co.
It’s a sharp reversal in fortunes for palladium, which was the worst-performing major commodity in 2021. The impact of the semiconductor shortage on car production soured the demand outlook, causing prices to plummet in the second half of the year. Only iron ore, hit by China’s property market crisis, and silver have come close in terms of losses.
Continues with charts
https://www.mining.com/palladium-price-highest-in-four-months-amid-ukraine-russia-crisis/
JD400
4年前
Palladium One Intersects Widest Intercept to Date Southwest of the Kaukua Open Pit Resource Estimate, Finland, 1.6 g/t Pd_Eq over 121 Meters
January 11, 2022
Highlights
Widest ore grade intercept to date, intersected 250 meters southwest and down plunge of the current Kaukua Open Pit Mineral Resource Estimate (“MRE”).
2.1 g/t Palladium Equivalent (Pd_Eq) over 33.5 meters, within 1.6 g/t Pd_Eq over 121.1 meters, in hole LK21-105, with individual samples grading up to 16.0 g/t Pd_Eq over 0.6 meters.
Three holes (LK21-101, 102 and 105), spread over 220-meters laterally, have all intersected the down plunge, high-grade 'Core Zone' of the current pit constrained Kaukua Open Pit.
High-grade 'Core Zone' of the Kaukua Open Pit remains open to depth.
January 11, 2021 – Toronto, Ontario, Initial down plunge drilling, has intersected the widest ore-grade intercept to date, southwest of the 2019 open-pit constrained MRE of the Kaukua Deposit. Hole LK21-105 intersected 2.1 g/t Pd_Eq over 33.5 meters, within 1.6 g/t Pd_Eq over 121.1 meters, starting at a true depth of approximately 260 meters (Figure 2), said Palladium One Mining Inc. (“Palladium One” or the “Company”).
Derrick Weyrauch, President and CEO commented: “We have extended the 'Core Zone' of the Kaukua Deposit 250 beyond the current conceptual open-pit and hole LK21-105 is among the thickest intercepts to date within the Kaukua Deposit and adds significant tonnage to our existing resource endowment. The high-grade 'Core Zone' of the Kaukua Deposit remains open to the southwest for more expansion. An updated NI43-101 Mineral Resource Estimate is schedule for release in Q1 2022 and will incorporate these valuable results”
These drilling results extend a broad, >200-meter wide 'core zone' of mineralization 250-meters southwest of the existing conceptual open-pit, and it remains open for expansion (Figure 1 and 2, and 3). Importantly, the previous geological interpretations suggested that the Kaukua Deposit was cut-off by a northwest trending fault, occupying a distinct magnetic low and topographic lineament. Drilling has now demonstrated that the magnetic low is the result of a later cross cutting dyke (now referred to as the high-titanium gabbro dyke) and that the Kaukua Deposit remains open to the south. Significantly the high-grade 'Core Zone' of the Kaukua Deposit has been extended 250 meters to the southwest and we have encountered some of the thickest intercepts (>100m) to date within the deposit (see news release November 23, 2021).
Figure 1. Historic and current drilling in the Kaukua area having a drill data cut-off date of September 30, 2021 (hole LK21-137), assays have been received for holes up to LK21-108, the remainder are pending. Background is Induced Polarization (“IP”) Chargeability.
Continues here >>>> https://www.palladiumoneinc.com/news/2022/palladium-one-intersects-widest-intercept-to-date-southwest-of-the-kaukua-open-pit-resource-estimate-finland-16-gt-pd_eq-over-121-meters