NKORF - Palladium One Mining Inc. (NKORF)(PDM:CA) - Haukiaho Drill Results Highlight Significant Potential to Expand Resources

Haukiaho drill results. Palladium One released results for 7 of 12 holes drilled at the Haukiaho Trend roughly 20 kilometers south of Kaukua South. Results returned significant widths and grades, including 72.2 meters at 1.79 grams of palladium equivalent per tonne, and expanded mineralization to the east of and higher grade areas within the known historic Haukiaho resource area.Haukiaho technical report expected in the third quarter. The drill program was intended to provide sufficient drill density to prepare a NI 43-101 resource estimate for Haukiaho which management anticipates completing in the third quarter of 2021. In 2013, Finore Mining Inc. completed a non-pit constrained NI 43-101 historic resource with 23.2 million tonnes of ore with an average grade of 1.51 grams of palladium equivalent per tonne. The resource estimate was based on wide-spaced drilling with a focus on maximizing tonnage and not grade. Management believes Haukiaho represents a significant opportunity to add resources through exploration.Taking stock of the LK Project. While the company has focused on Kaukua South as a primary driver for increasing resources at the LK project, Haukiaho is expected to be a key contributor based on its size. Results for 34 drill holes at Kaukua South have been released, while 12 are pending. Drilling has affirmed significant continuity of open pit grades and widths in both the upper and lower zone at Kaukua South. Drilling at Kaukua South is expected to resume shortly. Rating is Outperform. NKORF offers investors exposure to high value metals that play a critical role in clean air and battery technologies. In addition to the company's palladium dominant Lantinen Koillismaa (LK) project in Finland for which results have recently been released at both Kaukua South and Haukiaho, the Tyko nickel project in Canada also offers significant upside for investors. All of the company's drilling programs have yielded significant results underscoring the mineral potential of both projects. Read More >>