Overview
The Kaukua royalty was acquired in 2020 from Akkerman Exploration B.V., a private Netherlands company. The Kaukua royalty licenses host PGE mineralization at GT Resources Inc.’s Läntinen Koillismaa (LK) project.
Nickel-copper-PGE-gold mineralization at the Kaukua deposit is hosted by the Koillismaa Layered Igneous Complex (KLIC), a 2.4-2.5 billion year old layered mafic intrusive complex located in north-central Finland. The KLIC forms part of an east-west trending belt of similar intrusions and nickel, copper, and PGE deposits that cross through Finland and into Russia.
The Kaukua royalty also covers multiple additional exploration targets including the majority of the “South Zone,” a drill defined zone of mineralization which occurs 500m south of the main Kaukua deposit. The 2022 Technical Report also highlights exploration potential to the east and west of the Kaukua deposit, concealed beneath shallow overburden.
Palladium One Mining Technical Report titled “Technical Report on the Läntinen Koillismaa Project, Finland,” dated May 27, 2022 and effective April 25, 2022
Nearby mines and deposits provide context for the project, but do not necessarily indicate similar size, styles or grade of mineralization within the project.