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Palladium One Discovers New Zone with Massive Nickel-Copper Sulphides at the Tyko Project, Ontario, Canada
Highlights New high-grade nickel sulphide zone discovered! A twenty-kilometer Nickel ...
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[{"type":"text","content":"Palladium One Discovers New Zone with Massive Nickel-Copper Sulphides at the Tyko Project, Ontario, CanadaHighlightsNew high-grade nickel sulphide zone discovered! A twenty-kilometer Nickel District has been identified. Newly identified Feeder Dykes (\"Chonoliths\") with several proximal high-grade nickel-copper zones. Feeder Dykes could be feeding the large Bulldozer mafic-ultramafic complex which has demonstrated wide-spread copper-rich mineralization. Massive to semi-massive pentlandite-chalcopyrite-pyrrhotite sulphide discovered at West Pickle's 600-meter long Electromagnetic (\"EM\") anomaly.TK-22-059 intersected sulphide mineralization over 5.5 meters, including massive to semi-massive sulphide over 1.75 meters from 185.25 to 187.00 meters down hole.This new discovery zone closely resembles the very high-grade Smoke Lake Zone located 20 kilometers to the east which has returned up to: 10.2% nickel_equivalent (\"Ni_Eq\") (8.1% Ni, 2.9% Cu, 0.1% Co, 0.61g/t Pd, 0.71g/t Pt, and 0.02g/t Au) over 3.8 metes in hole TK-20-023 (see news release January 19, 2021)West Pickle is interpreted to be an extension of the historic RJ showing, along a potential feeder dyke system, located 2.7 kilometres to the east and which has retuned up to: 1.04 % nickel and 0.23% copper over 16.2 meters in hole TK-16-002 (see news release June 8, 2016)The Tyko Project now represents a large scale, very high-grade, new Nickel District which is host to five known nickel sulphide zones and several yet to be tested VTEMmax anomaliesToronto, Ontario--(Newsfile Corp. - September 7, 2022) - Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the \"Company\" or \"Palladium One\") is pleased to announce the second discovery of massive nickel-copper sulphide on the Tyko Project, this time at the West Pickle target, some 20-kilometers west of the initial 2020 discovery of massive sulphides at the Smoke Lake zone. At a true-depth of approximately 140 meters, the Company intercepted 5.5 meters of nickel-copper sulphide mineralization, including a 1.75 meter massive to semi-massive zone of nickel-copper sulphide. President and CEO, Derrick Weyrauch commented, \"With two massive sulphide discoveries, 20 kilometers apart, Tyko is now considered a new district-scale sulphide nickel opportunity. The West Pickle discovery is currently believed to be an exten...