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Palladium One Discovers New High-Grade Nickel - Copper Zone 3.5 kms from the Smoke Lake Zone, Tyko Nickel - Copper Project, Canada
Highlights New High-Grade discovery ("Ember Zone") located 3.5 kilometers southwest of the Sm...
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[{"type":"text","content":"Palladium One Discovers New High-Grade Nickel - Copper Zone 3.5 kms from the Smoke Lake Zone, Tyko Nickel - Copper Project, CanadaHighlightsNew High-Grade discovery (\"Ember Zone\") located 3.5 kilometers southwest of the Smoke Lake ZoneMultiple near surface drill intercepts of high-grade nickel - copper mineralization Including:6.9 meters grading 1.1% Ni, 0.3% Cu (Hole TK22-104)Including 1.9 meters grading 2.0% Ni, 0.4% Cu5.3 meters grading 0.7% Ni, 0.8% Cu (Hole TK22-100)Including 1.5 meters grading 2.0% Ni, 2.8% CuEmber Zone is located adjacent to a greater than six (6) kilometer long interpreted Chonolith / Feeder Dyke that is on strike with the Cupa Lake Versatile Time Domain Electromagnetic airborne (\"VTEM\") anomaly.Cupa Lake also hosts coincident strong nickel and copper soil anomalies. Chonolith / Feeder Dyke geological model continues to be confirmed.Toronto, Ontario--(Newsfile Corp. - March 27, 2023) - Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the \"Company\" or \"Palladium One\") is pleased to report the discovery of a new high-grade nickel - copper zone (\"Ember Zone\") which is located 3.5 kilometers southwest of the Smoke Lake Zone (Figure 1) on the Tyko nickel - copper project, in Ontario, Canada (\"Tyko Project\"). \"The discovery of another high-grade nickel - copper zone at Tyko further supports our thesis that we have a significant new nickel camp on our hands. The Ember Zone exhibits many similarities to the nearby Smoke Lake Zone and other high-grade nickel - copper zones on the Tyko Project. Notably the Ember Zone is adjacent to an extensive interpreted Chonolith, which is on strike with the Cupa Lake VTEM / soil anomalies, suggesting Ember may be part of much larger mineralizing system,\" commented Derrick Weyrauch, President and Chief Executive Officer.The Ember Zone was first identified by a moderate two line VTEM anomaly in 2021 (see the Company's news release dated October 28, 2021), reconnaissance soil sampling returned weakly anomalous nickel values up to 42 parts per million (\"ppm\"), and copper values up to 30 ppm (Figure 2). The weak geophysical and soil anomalies of the Ember Zone resulted in it being drill tested during Q4 2022, Its discovery reinforces the notion that any VTEM anomaly and even weak soil anomalies can point to high-grade nickel - copper mineralization ...