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Palladium One Announces Multiple Drill Ready Targets on the Tyko II Nickel - Copper Project, Ontario, Canada
HIGHLIGHTS Seven (7) multi-line, Electromagnetic ("EM") anomalies have been identified by a V...
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[{"type":"text","content":"Palladium One Announces Multiple Drill Ready Targets on the Tyko II Nickel - Copper Project, Ontario, CanadaHIGHLIGHTSSeven (7) multi-line, Electromagnetic (\"EM\") anomalies have been identified by a Versatile Time Domain Electromagnetic airborne (\"VTEMmax\") survey conducted on the Tyko II Property.A 900-meter long EM anomaly that was not observed by a historic airborne survey due to a power line appears to be the northern extension of the Moshkinabi-Kejimalda Zone (1.17% Cu, 0.73% Ni, 2.4 g/t Pd, 0.2 g/t Pt).A 700-meter long EM anomaly located to the east of the historical Gionet Zone (2.46% Cu, 0.22% Ni). Additionally, several single-line EM anomalies were also identified.The historic copper - nickel - PGE showings noted above are associated with the Faries-Moshkinabi Mafic-Ultramafic complex and share geological similarities to the Tyko I Property.Existing drill permits allow near term drill testing of new EM anomalies.Toronto, Ontario--(Newsfile Corp. - September 28, 2023) - Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the \"Company\" or \"Palladium One\") is pleased to announce preliminary results from a VTEMmax survey on the Tyko II Property, part of the Tyko Nickel - Copper District (Figure 1).\"The addition of seven (7) new VTEM anomalies to our existing inventory of drill ready targets speaks to the large scale opportunity the Tyko District represents for shareholders. Soil sampling to ground truth the seven (7) VTEM anomalies is well advanced and drill permits are in hand to test five (5) of the seven (7) anomalies. The Tyko II project has many geological similarities to Tyko I and we look forward to receipt of additional results from the property. \"The recently completed VTEMmax survey is the most sensitive EM survey ever flown over the Tyko II property (Figure 2). The survey easily detected the historical Moshinkabi and Faries Lake Zones, but also detected new anomalies near the Kejimalda and Gionet Zones that had not been detected by previous airborne EM surveys. This speaks to the sensitivity of the VTEMmax system and its potential to identify targets that were overlooked by less sensitive historical EM surveys.\"The 2023 ground truthing is wrapping up and the Company is on track to begin drill testing in mid-October,\" commented Derrick Weyrauch, President and CEO.Targets: Magmatic Cu-Ni-P...