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Palladium One Announces IP Results and Drilling Underway at Tyko Nickel-Copper-Cobalt Project, Canada

Highlights Drilling is underway on the large Bulldozer mafic-ultramafic intrusion on the ...

articleGt Resources IncJune 9, 20225/company/gt-resources-inc/news/palladium-one-announces-ip-results-and-drilling-underway-at-tyko-nickel-copper-cobalt-project-canada
Palladium One Announces IP Results and Drilling Underway at Tyko Nickel-Copper-Cobalt Project, Canada

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[{"type":"text","content":"Palladium One Announces IP Results and Drilling Underway at Tyko Nickel-Copper-Cobalt Project, CanadaHighlightsDrilling is underway on the large Bulldozer mafic-ultramafic intrusion on the Tyko PropertyInduced Polarization (\"IP\") results have been received from the Bulldozer and Smoke Lake grids4 IP chargeability anomalies identified on the Bulldozer grid2 IP chargeability anomalies identified on the Smoke Lake gridToronto, Ontario--(Newsfile Corp. - June 9, 2022) - Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the \"Company\" or \"Palladium One\") is pleased to announce that drilling has begun on the large Bulldozer mafic-ultramafic intrusion at the Tyko Property located near White River, Ontario. Additionally, IP results have been processed from the winter geophysical program (Figure 1) and have returned four significant chargeability anomalies on the Bulldozer and two on the Smoke Lake grids. The Tyko Property 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, high tenor sulphide, high-grade Critical Minerals (nickel, copper, cobalt) Project in Ontario, Canada. We are very pleased to be back drilling at Tyko testing our numerous highly developed VTEMax electromagnetic (\"EM\") conductors with coincident soil anomalies. The recently completed IP survey has added to the high-quality target inventory with a new blind IP chargeability anomaly beneath and to the north of the historic Bulldozer Showing as well as a new large IP chargeability anomaly located northwest of the high-grade Smoke Lake discovery,\" commented Derrick Weyrauch, President and CEO. The Bulldozer IP Survey GridThe Bulldozer North and South Anomalies represent a new mafic-ultramafic target at the large Bulldozer intrusion which has never been drilled or even mapped. The Bulldozer North and South Anomalies represent the first Electro Magnetic (EM) anomalies detected within the intrusion. The recent IP survey not only confirmed IP chargeability anomalies at Bulldozer North and South but returned a large, blind chargeability anomaly north of the historic Bulldozer Showing which consists of remobilized disseminated chalcopyrite and pyrite in a shear with historic samples returning up to 3.34% Cu, 0.12% Ni, 0.24% Co, 0.38 g/t Pd, 0...

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