Palladium One Mining Inc. is pleased to announce it has discovered a large MT resistivity anomaly on the Tyko I property which forms part of the larger Tyko Nickel - Copper Project, in Ontario, Canada. The MT resistivity anomaly is coincident with the high-grade West Pickle Zone and extends eastward toward the RJ Zone suggesting that they form one continuous mineralizing system. Highlights The 2023 diamond drill program [...]
HIGHLIGHTS Seven multi-line, Electromagnetic anomalies have been identified by a Versatile Time Domain Electromagnetic airborne survey conducted on the Tyko II Property. A 900-meter long EM anomaly that was not observed by a historic airborne survey due to a power line appears to be the northern extension of the Moshkinabi-Kejimalda Zone . A 700-meter long EM anomaly located to the east of the historical Gionet Zone [...]
HIGHLIGHTS Property position expanded by 8,620 hectares. The new property is located 10 kilometers north of the main Tyko property and has been acquired through a combination of staking and two claim group purchases. Exploration potential: Historic grab samples suggest a strong potential for copper - nickel - PGE mineralization: 1.17% Cu, 0.73% Ni, 2.4 g/t Pd, 0.2 g/t Pt 0.54% Cu, 0.11% Ni, 1.0 g/t Pd, 0.4 g/t Pt 2.46 [...]
Palladium One Mining Inc. is pleased to announce it has discovered several highly anomalous nickel, copper, and cobalt soil anomalies potentially linking the West Pickle and RJ Zones, which are 2.5 kilometers apart. The soil sampling was conducted along an interpreted chonolith / feeder dyke structure. Additionally, the Company is pleased to announce that it has now earned an 80% interest in the Pezim II Property which [...]
Palladium One Mining Inc. is pleased to announce the publication of the Company's second annual Environmental, Social and Governance report for the year ended December 31, 2022. The report is an overview of the Company's ESG commitments, practices and performance for 2022. President and CEO Derrick Weyrauch commented, "I am delighted to present the 2022 ESG report for Palladium One Mining, highlighting our zero [...]
Palladium One Mining Inc. is pleased to provide an exploration update for the Canalask Nickel - Copper Project, in Yukon, Canada. Highlights A Class 1 Exploration Permit has been received. The 2023 Field exploration program has begun. A high-resolution ground based Electromagentic survey is planned to take place this summer. Reprocessing and modelling of historical geophysical data is underway. President and CEO Derrick [...]
Highlights The 2023 field season is under way and crew have been mobilized. The Q1 2023, 4,430-kilometer high-resolution airborne magnetic survey results have been received and structural interpretation has been completed. With the increased resolution, a significantly more detailed geological model has been prepared resulting in the identification of additional interpreted chonoliths / feeder dykes structures. Palladium[...]
Palladium One Mining is pleased to announce that Glencore plc , a large shareholder of the Company through its wholly-owned subsidiary, has elected to exercise its pro-rata equity participation rights and has subscribed for 7,439,071 common shares in the capital of the Company . The Common Shares were issued at a price of $0.11 per Common Share for aggregate gross proceeds of $818,297.80 . Following the Financing [...]
Palladium One Mining is pleased to announce that, in connection with the Company's recently completed acquisition of MetalCorp Ltd. by way of statutory plan of arrangement under the provisions of the Business Corporations Act, the Company intends to delist the common shares in the capital of MetalCorp from the TSXV, effective at the close of business on May 9, 2023. Palladium One Mining is focused on discovering [...]
Palladium One Mining and MetalCorp are pleased to announce the successful completion of their previously-announced statutory plan of arrangement under the provisions of the Business Corporations Act. 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. on May 2, 2023, resulting in MetalCorp becoming a [...]
Palladium One Mining is pleased to announce that, further to PDM's news release dated March 30, 2023, it has completed a C$4,252,050 non-brokered private placement financing with a wholly-owned subsidiary of Glencore plc. Pursuant to the Private Placement, PDM issued 28,347,000 common shares at C$0.15 per Common Share. Upon completion of the Private Placement, Glencore owns approximately 9.99% of the issued and [...]
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