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Palladium One Announces Drilling of the Award Winning Tyko Nickel-Copper-Cobalt Project, Canada
Highlights Three of five Exploration Permits have been received. A 15,000-meter diamo...
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[{"type":"text","content":"Palladium One Announces Drilling of the Award Winning Tyko Nickel-Copper-Cobalt Project, CanadaHighlightsThree of five Exploration Permits have been received. A 15,000-meter diamond drilling program is planned.Drilling to begin later this month. Initial target areas are the highly prospective Bulldozer North, South and West Pickle Lake multi-line VTEMmax anomalies, which are coincident with highly anomalous Cu and Ni in soils (Figure 1 and 2).Construction of an all-weather camp has been completed.70-kilometer Induced Polarization (\"IP\") survey recently completed; results expected shortly.Toronto, Ontario--(Newsfile Corp. - May 11, 2022) - Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the \"Company\" or \"Palladium One\") is pleased to announce that three of five Exploration Permits have been received for the Tyko Nickel-Copper-Cobalt Project, located near White River, Ontario. A 15,000-meter diamond drill program is planned and is scheduled to begin this month. Tyko hosts nickel, copper and cobalt, each of which has been designated a Critical Mineral in Canada, the United States and the European Union.\"Tyko is an award-winning, sulphide, high-grade Critical Minerals (nickel, copper, cobalt) Project in Ontario, Canada. With drill permits in hand we are launching the 2022 diamond drilling program to expand on our high-grade discovery success, where we intersected up to 10% nickel equivalent over 4 meters, within a 430-meter strike length that remains open for expansion. \"Two permit applications remain outstanding following submissions in early-September 2021, and we continue to respond to various requests/inquiries. With both Ontario's and Canada's political focus on increasing domestic supply of Critical Minerals, we are hopeful that the last two permits will arrive shortly.\"The three permits will enable us to drill the highly prospective West Pickle Lake and the Bulldozer North and South targets (Figure 1 and 2). \"During the winter months, an all-weather camp was constructed and we completed 70 kilometres of Induced Polarization (IP) grids on the Smoke Lake and Bulldozer target areas, results are expected shortly,\" commented Derrick Weyrauch, President and CEO.The Company has been working to secure five new Critical Mineral Exploration Permits covering Smoke lake and the four new multiline VTEMmax anom...