2019 08 09- PDM PPT FINAL NP edits - Palladium...3$//$',80 21(0,1,1* ,1& 76; 9 3'0 )5$ 1

PALLADIUM ONE MINING INC. TSX-V:PDM FRA: 7N11 1

CAPITALIZING ON OPPORTUNITY

Corporate Presentation – August 2019

TSX-V: PDM FRA: 7N11Palladiumoneinc.com


A New Exploration & Development Company

“Advancing a large-tonnage PGE, Cu, Ni Resource to Underpin a long-term Open Pit mining operation”

Assets include the Lantinen Koillismaa (“LK”) PGE-Cu-Ni project, located in north-central Finland and the Tyko Ni-Cu-PGE property, near Marathon, Ontario, Canada.

Overview and Share Structure (all prices in C$ unless noted)

Ticker TSXV: PDM 3 Mo Trading $0.04 - $0.14

Common Shares 43.7M OptionWarrants

3.09M @ $0.13 per share21.5M @ avg. $0.13 per share*

Stock Price $0.08 Market Cap $3.5M

*Accelerated expiry provision for 16,912,000 at $0.12 should the 10--day VWAP equal $0.20 per share


Derrick Weyrauch, CPA CAInterim President & CEO, Director

• 29 years experience, senior mining executive and independent corporate director• Global capital markets, business development, restructurings experience coupled

with M&A strategy development, execution and post transaction integration• Founder and director of Magna Mining Corp, and former CFO of Andina Minerals Ltd

(ADM:TSXV) prior to its sales to Hochchild Plc (HOC: LON).

Lawrence RoulstonDirector

• 40 years experience in the mining industry• Investment management/analyst experience and former newsletter editor• Started with a unit of Teck, then worked as an executive with mid-sized and junior

mining sector companies

Neil Pettigrew,

M.Sc., P.GeoDirector

• Over 20 years of experience in the mineral exploration industry• B.Sc. (hons.) from the University of New Brunswick (1999) and M.Sc. from the

University of Ottawa (2004). • Currently, founding partner of Fladgate Exploration Consulting Corporation and

previously Senior Precambrian Geoscientist with the Ontario Geological Survey.

Dr. Scott Jobin-BevansTechnical Advisor

• 30 years experience in the mineral exploration business • Registered geoscientist with the Association of Professional Geoscientists of Ontario

(APGO), an Adjunct Professor Lakehead University and a certified Project Management Professional (PMP)

• Expertise in magmatic sulphides (Ni-Cu-Co) and PGE (Pt-Pd) mineralization, gold, silver, copper (porphyry) and base metals (VMS)

• Former President and a Director of the Prospectors and Developers Association of Canada (PDAC)

Management & Directors


STRATEGICALLY POSITIONED FOR THE GREEN ECONOMY

• Aligning asset portfolio with demand fundamentals

• Targeting the Electrification of Global Transportation

• Reduced greenhouse gases, reduced carbon footprint

• Strategic Metal Investment Opportunity

If the future is EVs (Electric Vehicles), the near future is hybrids:

• Positioned for ICEs HEVs / PHEVs EVs• Plug-in Hybrid (PHEV), Hybrid Electric Vehicles (HEV)

• Hybrids - natural bridge between ICEs and an EVs

• “range anxiety” “charging times”

• Norway, a leader in EV sales

• 1/3 of all new cars sales are EVs, including 50% Hybrids

• By 2025, hybrids will represent over 25 million vehicles, close to a quarter of all vehicle sales, compared to just 3% in 2016. (JP Morgan and Chase)

• Increasing quantity of nickel used in battery cathodes.

• NMC 111 transition to NMC 811 battery chemistry

• Chinese manufacturers already making 811 batteries!

Thinking Green, Thinking Clean – Palladium & Nickel


• By 2027, nearly 70% of passenger vehicles purchased globally “will have some degree of electrification” (Roskill)

• Sales of passenger EVs, including hybrid EVs (HEV), jumped more than 24% last year

• HEVs over 60% of EV sales. (Wood Mackenzie- July 2019)

• Unless battery technology is developed, tested, commercialized, manufactured and integrated into EVs and their supply chains, it will be impossible for many EV targets and ICE bans to be achieved.

• “This will pose issues for current EV adoption rate projections” (Wood Mackenzie- July 2019)

• Growing global demand for batteries that power electric vehicles (EVs) and high-tech devices

• supply crunch of lithium, cobalt and nickel by mid-2020’s (Wood Mackenzie)

• Roskill’s analysts expect a “double-boost” for nickel in the battery industry.

• Palladium production is expected to trail consumption by 545,000 ounces this year. (Citigroup)

EV Supply Crunch – Palladium & Nickel


Palladium Supply & Demand

Palladium Demand Grows... Indispensable in various applications, primarily automobile catalytic converters (auto-catalysts)

Increasing demand due to increased environmental emission standards

“Automakers, who have little flexibility to produce cars without palladium, are being forced to push the price higher to secure their critical supply.” (Sprott Asset Management LP www.sprott.com January 2019)

Palladium Supply is Constrained… • 79% of palladium supply comes

from Russia & South Africa• Pd is a by-product of mining

other metals• Minimal scope for producers to

increase near-term production

Pd Supply Will Continue to be in Deficit


Well Positioned

LACK OF PALLADIUM DOMINANT INVESTMENT ALTERNATIVES• Very few advanced exploration Palladium projects

SIGNIFICANT SCOPE TO INCREASE RESOURCE• Systematic conventional exploration, proven mineralization• Elephant country geology

NEW TEAM• Brings exploration and capital markets experience to unlock value

for shareholders

FINLAND ADVANTAGE• Superior politically safe jurisdiction (Fraser Institute)

• Low operating costs compared to North America• 3rd largest supplier of platinum & palladium • Excellent transportation infrastructure• Strong mining culture (e.g. Glencore, Agnico, Anglo, First Quantum)

• History of Cu-Ni-PGE Mining• Excellent Geological database• Relatively unexplored, only opened to private investment in 1990s • Proximity to major smelters in Finland and Sweden


Finland: Elephant Country Geology

• The Fennoscandia shield hosts a wealth of Cu-Ni-PGE deposits

• Includes world class deposits such as Pechanga nickel and Portimo (Suhanko) palladium deposits

Koillismaa Complex


Fenoscandian Shield: Cu-Ni-PGE Deposits

3.45% Cu, 2.47% Ni, 2.5 g/t PGE 45 Mt


Continental Rift-Related Cu-Ni-PGE Deposits

• Host to some of the worlds largest deposits, e.g. Norilsk, Pechanga, Jinchuan, and Duluth and highest grade, e.g. Eagle

• Frequently associated with high PGE grades, e.g. Norilsk, Duluth, Eagle

• Relatively rare compared to other Ni Deposit types.

• There aren’t many of these types of intrusions in the world!

• Kaukua, and Haukiaho are just the first deposits found in the Koillismaa complex.


LK Project: A Rift Related Pd-Rich Deposit

• In the layered Koillismaa Complex, interpreted to have been emplaced in a failed continental rift type environment.

• Koillisma is part of a series of voluminous early Proterozoic (2.44Ga) rift related mafic-ultramafic intrusions which includes:

• The Portimo Complex which host the world class Suhanko (Arctic Platinum) deposit located 90 km northwest of the LK Project

• Suhanko hosts a SAMREC code compliant resource of 5.4 million (M&I) and 4.4 million (Inf.) ounces of palladium


Suhanko: A World Class Palladium Deposit

• Also Known as Arctic Platinum

• Located in the layered Portimo Layered Complex

• Same age as Koillismaa layered Complex (2.44Ga)

• Koillismaa and Portimo are Continental rift related mafic-ultramafic intrusion

Suhanko Resource Estimate


LK Project: North Central Finland

LÄNTINEN KOILLISMAA (“LK”)

• 100% interest, subject to 2% NSR and 1% buyback for €1M per project

• Historical Resource completed 2013*• New independent NI43-101 resource estimate in

progress

• 2,500 hectares consisting of 9 Exploration Permit extension-application requests with room for expansion

• Excellent Infrastructure in and around the project

• Low cost open pit mining potential

*All resource estimates completed on the LK Project are now historic resource estimates and have not been verified by the Company as a current mineral resource.. Reliance should not be placed on those estimates. They are provided for reference purposes only. Mining Plus Canada completed the technical report on September 19, 2013 for Finore Mining, the prior owner of the LK Project. See historical resource table on page 11.

Palladium One Mining


LK Project: Highlights

• Covers >25km of the basal contact of the

Koillismaa layered complex

• ~35 km of the basal contact has been mapped

and reconnaissance drilled (81 holes/11,514m)

by the Geological Survey of Finland (GTK)

• outlined multiple anomalous PGE targets

which have not yet been followed up

• Under-explored, only ~4 km of the basal

contact has been drill tested

• 21,972 meters (105 holes) drilled since 2001

• High value concentrate marketable in Finland

and Sweden

• Excellent proximity to infrastructure

• 40 km north of existing rail network and

160 km west by rail to the major port of

Oulu

• Existing all-weather road directly to project

site

• Local government maintains road up to

property boundary

Western KoillismaaComplex


LK Project: Historic Mineral Resources

Property Classification Tonnes Pd Pt Au PGE+ Au Cu Ni CoT x 1000 (g/t) (g/t) (g/t) (g/t) (%) (%) (g/t)

Kaukua Indicated 10,400 0.73 0.26 0.08 1.07 0.15 0.1 65

Kaukua Inferred 13,200 0.63 0.22 0.06 0.91 0.15 0.1 55Haukiaho Inferred 23,200 0.31 0.12 0.1 0.44 0.21 0.14 61

*All resource estimates completed on the LK Project are now historic resource estimates and have not been verified by the Company as a current mineral resource. Reliance should not be placed on those estimates. They are provided for reference purposes only. Mining Plus Canada completed the technical report on September 19, 2013 for Finore Mining, the prior owner of the LK Project.

Table 14-14 Grade tonnage information Kaukua Deposit Indicated ResourcePd Cut off g/t Tonnage Mt Pd g/t Pt g/t Cu % Ni* % Au g/t

0.1 10.4 0.73 0.26 0.15 0.10 0.08 0.3 10.2 0.75 0.26 0.15 0.10 0.080.6 6.2 0.92 0.3 0.17 0.11 0.09 0.9 2.6 1.18 0.38 0.18 0.12 0.11 1.2 0.8 1.47 0.45 0.21 0.12 0.13 1.5 0.3 1.85 0.53 0.23 0.13 0.15

Table 14-15 Grade tonnage information Kaukua Deposit Inferred ResourcePd Cut off g/t Tonnage Mt Pd g/t Pt g/t Cu % Ni* % Au g/t 0.1 13.2 0.63 0.22 0.13 0.1 0.06 0.3 12.7 0.64 0.22 0.13 0.1 0.060.6 5.8 0.84 0.28 0.15 0.11 0.08 0.9 1.8 1.11 0.34 0.17 0.15 0.09 1.2 0.5 1.34 0.39 0.18 0.2 0.10 1.5 0.05 1.59 0.44 0.2 0.26 0.10

Table 14-7 Grade tonnage information at Haukiaho Deposit Inferred ResourcePd cut-off g/t Tonnage Mt Pd g/t Pt g/t Cu % Ni * % Au g/t

0.1 23.2 0.31 0.12 0.21 0.14 0.10 0.2 17.7 0.35 0.13 0.23 0.16 0.11 0.4 5.4 0.48 0.16 0.3 0.2 0.14 0.6 0.3 0.66 0.22 0.36 0.22 0.13


LK Project: Property Boundary


LK Project: Kaukua Deposit

Limited Drilling• Only ~1 km drilled of ~ 8 km

strike potential• Fault stacked basal unit has

produced impressive thickness >100m in some holes.

• Select Intercepts include:

• 65m @ 1.57 g/t PGE, 0.18% Cu, 0.10% Ni

• 31.02m @ 2.30 g/t PGE, 0.12% Cu, 0.21% Ni

• 3.4m @ 5.24g/t PGE,0.84%Cu,0.35%Ni

• Potential for new parallel zone to the south (Kaukua South)

Historic (2013) Kaukua Resource @ 0.1g/t Pd cut-off


LK Project: Haukiaho Deposit

Hole HAU12-018

Limited Drilling• Only ~3 km drilled of ~10 km strike

potential• Widely spaced grid style drilling • Did not target higher grade shoots

/ pods• Did not utilize IP which proved

successful at Kaukua

• Multiple highly anomalous historic GTK holes along strike

• No modern IP completed

• Select Intercepts Include:• 26m @ 1.01 g/t PGE, 0.33% Cu;

0.26% Ni• 32m @ 1.04 g/t PGE, 0.34% Cu;

0.22% Ni

Historic (2013) Haukiaho Resource @ 0.1g/t Pd cut-off


LK Project: Impressive Exploration Potential

Zones Not Followed Up

• 3 zones not included in historical resource estimate• Kaukua South: 33.95m @ 1.06 g/t PGE

(KAU08-035)• Murtolampi: 30.15m @ 0.85 g/t PGE; 0.17%

Cu, 0.10% Ni (R369) • West Torkoaho Zone: 16.3m @ 1.45 g/t PGE;

0.42% Cu; 0.28% Ni (HAU12-012).

• Potential feeder dyke linking Koillismaa complex to the Näränkävaara Intrusion

• Geophysics and historical drilling indicate significant underexplored areas remain

• Significant potential to add tonnes and increase grades

Murtolampi Cross Section

Murtolampi Magnetics


LK Project: Kaukua Near-Term Expansion Potential

Murtolampi

Kaukua South


LK Project: Next Steps

• Updated NI 43-101 compliant resource report – Q3 2019

• Additional mapping and IP geophysics for drill target generation

• Conduct detailed structural interpretation and modelling of mineralization controls

• Drilling program objectives: • Focus to define and delineate shallow, high-

grade mineralization for open pit mining

• Haukiaho zone• Infill drilling of higher-grade shoots/pods• Torkoaho West zone follow up

• Murtolampi zone • Extend known mineralization along strike

• Kaukua South • Extend known higher-grade intercepts along

strike and define near surface resources

• Kaukua Deposit• Up-dip drilling for open pit optimization• Infill drilling of higher-grade shoots/pods


The Tyko Property covers an Archean

aged mafic-ultramafic intrusion located

in the mining friendly province of

Ontario, Canada.

• Project is located 55 km northeast of the

Marathon deposit which hosts a M& I

resource of:

• 3.0 million ounces of Pd @

0.78g/t, 0.9 million ounces of Pt

@ 0.23g/t and 618 million lb of Cu

@ 0.24%

• Tyko is hosted by metamorphosed

pyroxenite which has been intruded by

later granitoid rocks

• Abundant rip-up clasts indicative of an

active feeder-type system.

• Nickel-rich with an average Ni:Cu ratio

of ~2:1 and a Pt:Pd ratio of ~1:1

• Sulphides consist typically disseminated

to blebby with local patches of net-

textured and semi-massive sulphide

breccia.

Tyko Property: Marathon Ontario, Canada

The sulphide tenor of the mineralization is very high.

• Total sulphur analysis completed indicated tenors in 100% sulphide that

average 8.6% Ni, 4.6% Cu, and 3.3g/t PGE at the RJ Zone and 16.3% Ni,

8.70% Cu, and 12.8g/t PGE at the Tyko Zone.

• The high tenor of the sulphide suggests a high value flotation concentrate

could be produced.

• This indicates that even a disseminated sulphide deposit could potentially

be economic


Tyko Property: IP Inversion 3D modelling

Palladium One Mining Inc.


Tyko Property: 2016 Drilling

1,780 metres in 14 holes in 2016

Highlights:

• TK-16-002: 1.04% Ni, 0.23% Cu and 0.28 g/t PGE over 16.19m

• TK-16-010: 1.06% Ni, 0.35% Cu and 0.65 g/t PGE over 6.22m: Including 4.71% Ni, 0.82% Cu and 2.55 g/t PGEover 0.87m

• TK-16-011: 1.47% Ni , 0.49% Cu and 0.71 g/t PGE over 6.05m: Incuding 2.12% Ni, 0.48% Cu and 0.94 g/t PGEover 3.15m


Tyko Property: Next Steps

• Down Hole EM Survey of 2016 Drill Holes – Q3 2019

• Reconnaissance mapping and prospecting program –Q3 2019

• Drilling program objectives: • Focus on expanding the RJ and Tyko Zones to

depth

• Target untested EM anomaly at Smoke Lake

• Target untested mag and EM anomalies north and west of RJ zone

• New Airborne EM Survey covering entire Property


Summary

CAPITALIZING ON OPPORTUNITY

“Our goal is to develop a large-tonnage PGE-Cu-Ni resource to underpin a long-term Open Pit mining

operation.”

• Limited investible Palladium opportunities

• Premier politically safe mining jurisdictions

• Historical Palladium resources

• Excellent infrastructure

• 100% owned

• New team brings exploration & capital markets experience

• Rising Palladium demand and prices

• Exploration program targeted for 2019


This presentation contains certain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from Nickel One Resources Inc’s (the “Company”) expectations and projections. The TSXV has neither approved nor disapproved the information contained in this presentation. Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking statements". Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", “could”, "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors. Circumstances or management's estimates or opinions could change. The reader is cautioned not to place undue reliance on forward-looking statements.

Data and technical information in this document is extracted from the NI 43-101 technical report entitled ‘A Technical Report of the Läntinen Koillismaa Project, Finland for Nickel One Resources Inc.’, written by Mining Plus Canada Consulting, dated November 17, 2017 and historical data and technical information is extracted from the September 19, 2013 NI43-101 technical report prepared for Finore Mining Inc for the Läntinen Koillismaa Project, Finland , also written by Mining Plus. Historical resources have not been verified by the Company and are not current, therefore reliance should not be placed on such historical information.

Mr. Neil Pettigrew, P.Geo,. is the Qualified Person as defined by National Instrument 43-101, is a director of the Company and has reviewed and approved the technical information in this document.

Forward Looking Statements


LK Project: Metallurgical Advantages

• Palladium-rich high tenor sulphide!

• Disseminated mineralization 100% sulphide tenor of ~6% Ni and ~10% Cu

• Limited Metallurgical work Indicates:

• Saleable concentrate by bulk floatation

• Preliminary test work achieved a final concentrate grading 11.4% Cu, 4.5% Ni, 7.8 g/t Pt, 36.3 g/t Pd, and 4.6 g/t Au

• Recoveries of ~91% Cu, ~48% Ni, ~56% Pt, ~73% Pd ~78% Au

• MgO can be maintained at 4% using floatation depressants

• Final concentrate grades of 16-17% Cu+Ni have been obtained.

• Platsol™ pressure leaching testing on bulk concentrate returned 99.8%, 98.8%, 95.8%, 98.6%, 90%, and 98% respectively for Cu, Ni, Co, Au, Pt and Pd


Contact:Derrick Weyrauch, Interim President & CEO

[email protected]

Contact:Derrick Weyrauch, Interim President & CEO

[email protected]

Date post:	12-Oct-2020
Category:	Documents
Upload:	others
View:	0 times
Download:	0 times

2019 08 09- PDM PPT FINAL NP edits - Palladium...3$//$',80 21(0,1,1* ,1& 76; 9 3'0 )5$ 1

Documents