Palladium One Mining Inc
Financials:
Primary ticker: TSXV:PDM, OTCQB: NKORF, FRA: 7N11
Stage of development: Exploration
Primary minerals: PGE, Palladium, Sulphide Nickel and Copper
Project to promote: Läntinen Koillismaa Project, Finland “LK Project” and Tyko Property
Project location: Finland, Canada
Website: www.palladiumoneinc.com
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.
Cash: CAD$14M
Debt: NIL
Major shareholders:
Retail – 60%
Institutional – 39%
Eric Sprott – 16%
Management Ownership – 1%
Management Profile
Derrick Weyrauch – President & CEO/Director
Derrick Weyrauch, CPA CA is an experienced mining executive and corporate director. He is the co-founder of Magna Mining Corp. and is a former corporate director of a number of companies including Eco Oro Minerals Corp., Jaguar Mining Inc. and Banro Corp. and is a former CFO of Jaguar Mining Inc. and Andina Minerals Inc. Currently he is a non-executive director and at Cabral Gold Inc. Mr. Weyrauch obtained his CPA CA designation with KPMG LLP and is a member of CPA Canada and the Institute of Corporate Directors. He holds an Honours B.A. in Economics from York University.
Neil Pettigrew – Director, Vice President – Exploration
Neil Pettigrew M.Sc., P.Geo. is geologist with 20 years of experience in the mineral exploration industry. Neil is a founding partner of Fladgate Exploration Consulting Corporation and has been employed as a Senior Precambrian Geoscientist with the Ontario Geological Survey. He has worked for several junior and major companies in gold and Cu-Ni-PGE exploration. He has held officer and director positions at several TSX and TSX-V listed junior companies and is presently CEO and a director of Edison Cobalt Corp. He received his B.Sc. (hons.) from the University of New Brunswick in 1999 and his M.Sc. from the University of Ottawa in 2004.
What is your rationale for taking part 121 Mining Investment?
Introduce New Investors to Palladium One Mining Inc.
What recent news would you like to highlight to investors attending?
November 30, 2021: Palladium One Reports High-Grade Results: 5.0% Nickel_Eq over 1.4 meters at Smoke Lake and up to 891 ppm Copper and 142 ppm Cobalt in Soils at the Bulldozer Intrusion of the Tyko Sulphide Copper-Nickel Project, Ontario, Canada
November 23, 2021: Palladium One High Grade Mineralization Extended 250 Meters Southwest of the Kaukua Open Pit Resource, Finland
October 25, 2021: Palladium One Recognized with the “Bernie Schnieders Discovery of the Year Award” Presented by NWOPA
October 20 2021: Palladium One Obtains Both OTCQB Market Listing and DTC Eligibility
October 19, 2021: Palladium One Down Plunge Drilling Extends Broad Mineralized Zone at Kaukua South, Finland
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Resource expansion
6 Months:
Infill drilling
12 Months:
Resource definition of a multi-million ounce palladium equivalent open pit
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Extreme market volatility and uncertainty in light of Covid-19
What do you think makes your company such a compelling investment?
Significant resource growth in top-tier mining jurisdictions coupled with thematically relevant metals to foster a net-zero carbon full life-cycle economy.
What are the top 3 key investor takeaways?
Fully funded, multiple projects being drilled, two significant project discoveries being drilled, highlighting metals for green transportation and role of Palladium One Mining.