Business
Palladium One Reports Four New EM Targets at the Tyko Sulphide Copper-Nickel Project, Ontario, Canada
KEY HIGHLIGHTS Four significant, multi-line, Electromagnetic ("EM") anomalies have been i...
About this update from Gt Resources Inc
[{"type":"text","content":"Palladium One Reports Four New EM Targets at the Tyko Sulphide Copper-Nickel Project, Ontario, CanadaKEY HIGHLIGHTSFour significant, multi-line, Electromagnetic (\"EM\") anomalies have been identified by a 3,100 line-kilometer Versatile Time Domain Electromagnetic airborne (\"VTEMmax\") survey conducted during the summer field program.Several single line EM anomalies were also identified.The first EM anomalies identified in the large mafic-ultramafic Bulldozer Intrusion.Toronto, Ontario--(Newsfile Corp. - October 28, 2021) - Preliminary results of the recently completed VTEMmax airborne survey have identified four significant multi-line EM anomalies on the Tyko Copper-Nickel Project, said Palladium One Mining (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) (\"Palladium One\" or the \"Company\") today.Derrick Weyrauch, President and CEO: \"We now have four new multi-line EM anomalies to test, which supports our belief that there are multiple Smoke Lake-type zones yet to be discovered. Of particular interest are two anomalies in the Bulldozer Intrusion. These are the first EM anomalies identified in this large mafic-ultramafic intrusion and hint at potentially large tonnage targets. We are very pleased with these regional results and are awaiting results from the Smoke Lake zone.\" The recently completed 100-meter spaced 3,100 line-kilometer VTEMmax survey is the largest and most sensitive EM survey ever flow on the Tyko Project (Figure 1). The survey easily detected the at surface high-grade Smoke Lake zone producing a 600m (7 lines) EM anomaly (Figure 2). In addition, a weak single line EM anomaly successfully detected the RJ zone, this is noteworthy as the RJ zone hosts blebby to locally net textured sulphide and had not been detected by three previous airborne EM surveys. This speaks to the sensitivity of the VTEMmax system and its potential to identify targets that were missed by less sensitive historic EM surveys. Bedrock Conductor PicksThe EM anomalies presented below are bedrock conductors selected by Platform Geoscience Ltd. These represent preliminary interpretations based of the response recorded on each VTEMmax flight line. The difference between strong, moderate and weak conductors is not only a measure of massive vs semi-massive vs net-textured sulphide, but also depth where a weak EM response may simply indicate a deepe...