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Palladium One Samples up to 1.0% Nickel, 2.4 g/t Palladium at Tyko II, Drill Program Continues on Tyko Ni - Cu Project
Toronto, Ontario--(Newsfile Corp. - November 21, 2023) - Palladium One Mining Inc. (TSXV: PDM)...
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[{"type":"text","content":"Palladium One Samples up to 1.0% Nickel, 2.4 g/t Palladium at Tyko II, Drill Program Continues on Tyko Ni - Cu ProjectToronto, Ontario--(Newsfile Corp. - November 21, 2023) - Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the \"Company\" or \"Palladium One\") reports initial soil and prospecting results from the Fall 2023 exploration program on the Tyko II Property which forms part of the larger Tyko Nickel - Copper Project in Ontario, Canada. Prospecting samples up to 1.0% nickel and 2.4 g/t palladium were collected from historic trenches, and soil sampling returned up to 3,380 parts per million (ppm) or 0.34% copper and 321 ppm nickel, coincident with Versatile Time Domain Electromagnetic (\"VTEM\") airborne anomalies (Figure 1 and 2). HighlightsGrab Samples up to 1.04% nickel, 0.22% copper, 0.13% cobalt, 2.42 g/t Pd, 0.15 g/t Pt and 0.01 g/t Au from historic trenches on the Kejimalda Zone of the Feries-Moshkinabi mafic-ultramafic complex.Grab Samples up to 0.43% copper,0.18% cobalt and 0.03% nickel from the Gionet Zone.Soil Samples up to 3,380 ppm or 0.34% copper, and 321 ppm nickel from the Gionet Zone area coincident with a newly identified VTEM anomaly located east of the Gionet Zone.The 2023 drill program has relocated to the Tyko II property and has been focused on the Kejimalda Zone, targeting VTEM conductors along the base of the Feries-Moshkinabi mafic-ultramafic complex.President and CEO, Derrick Weyrauch commented, \"The Gionet Zone is so far the standout on Tyko II, having up to 0.34% copper in soils, these are some of the highest copper in soil anomalies encountered to date on the Tyko Project. The copper and nickel anomalies correlate with a newly identified VTEM anomaly (a pathfinder to potential massive sulphide mineralization) that lies east of the Gionet Zone and which we are eager to drill test along with the Cupa Lake area which also returned highly anomalous soil values associated with a VTEM anomaly. \"While the discovery of more Canadian copper and nickel, both of which are Critical Minerals, is very meaningful and provides the opportunity to define mineral resources to support the Energy Transition, the Company continues to experience permitting delays. Both the Gionet Zone and Cupa Lake area (see news release October 28, 2021 and May 11, 2022) have produced important soil sampling an...