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Palladium One Additional Massive Magmatic Sulphide Intersections, up to 9.9% Ni_Eq (218 lbs/tonne) over 3.8 Meters at Tyko
Toronto, Ontario--(Newsfile Corp. - January 19, 2021) -  Final results from the 2020 Tyko...
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[{"type":"text","content":"Palladium One Additional Massive Magmatic Sulphide Intersections, up to 9.9% Ni_Eq (218 lbs/tonne) over 3.8 Meters at TykoToronto, Ontario--(Newsfile Corp. - January 19, 2021) -  Final results from the 2020 Tyko drill program include massive magmatic sulphides grading up to 9.9% Ni_Eq* (218 pounds per tonne) over 3.8 Meters (8.1% Ni, 2.9% Cu, 1.3/t PGE), starting at less than 9 meters true-depth, located at the Smoke Lake target of the Tyko Ni-Cu-PGE Project said Palladium One Mining (TSXV: PDM) (FSE: 7N11) (OTC Pink: NKORF) (\"Palladium One\" or the \"Company\") today. The intercept is within a broader interval that returned 6.1% Ni_Eq over 7.5 Meters (135 pounds per tonne) (4.5% Ni, 2.9% Cu, 1.0g/t PGE) from 5.3 meters down hole.These results are in addition to previously announced results of 8.7% Ni_Eq* (193 pounds per tonne) over 3.8 Meters (6.6% Ni, 3.7% Cu, 1.5g/t PGE) (see press release January 5, 2021) and 7.5% Ni_Eq* (164 pounds per tonne) over 4.2 Meters (5.8% Ni, 2.7% Cu, 1.3/t PGE) (see press release January 12, 2021).\"Smoke Lake continues to deliver extraordinarily high-grade intercepts. The highest to date being 9.9% Ni_Eq over 3.8 meters, within a broader intercept of 6.1% Ni_Eq over 7.5 meters! An extremely high-value, near surface resource appears within our grasp at Smoke Lake.\"The massive sulphide mineralization discoveries, combined with historic high-grade drill results 17-km to the west, provide significant encouragement for additional discoveries, especially given Tyko is incredibly underexplored. The Tyko project covers over 20,000 hectares, which includes the 7,000 hectare mafic-ultramafic Bulldozer intrusion, which has seen virtually no geological mapping nor exploration,\" said Derrick Weyrauch, President and CEO.Key Highlights:Hole TK-20-023 returned 6.1% Ni_Eq over 7.5 meters (4.5% Ni, 2.9% Cu, 1.0g/t PGE) from 5.3 meters down hole. Including 9.9% Ni_Eq over 3.8 meters (8.1% Ni, 2.9% Cu, 1.3g/t PGE).Hole TK-20-025, returned 6.3% Ni_Eq over 3.2 meters (4.4% Ni, 3.6% Cu, 0.9g/t PGE) from 36.6 meters down hole. Including 11.8% Ni_Eq over 0.6 meters (9.6% Ni, 3.7% Cu, 1.5g/t PGE).All 13 holes drilled at Smoke Lake intersected magmatic sulphides. Multiple massive sulphide intercepts up to 4 metres were encountered.A magmatic sulphide mineralized strike length of 270 meters has been defined by drill...