Interview with Derrick Weyrauch, President & CEO of Palladium One Mining (TSXV: PDM).
Our previous interview: https://youtu.be/tSCAhZSTWz4
Recording date: 20th June 2023
Palladium One (PDM) is an exploration and development stage company focused on the exploration and extraction of sulfide nickel, copper, and platinum group metals (PGMs). Their operations span across Finland and Canada, with a primary emphasis on acquiring assets in excellent jurisdictions that can support the ongoing energy transition.
In Ontario, Palladium One has achieved notable success, with three significant discoveries in the past two years. These discoveries, featuring extremely high-grade nickel-copper deposits, have attracted the interest of industry giant Glencore, leading to a 9.99% interest in the company. Additionally, Palladium One acquired three critical mineral projects and a royalty portfolio in Ontario, expanding their presence and potential.
While facing challenges due to the soft market conditions, Palladium One remains committed to advancing its projects and adding value to the company. They have allocated a $5 million budget for the Taiko project in Ontario, which involves conducting basic prospecting, ground truthing of geophysical results, soil sampling, mapping, and targeted geophysics. The objective is to validate their geological theory of feeder systems and identify potential mineralization in the region.