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Palladium One Samples up to 2.1% Nickel and 6.1% Copper at the Canalask Nickel-Copper-PGE Project, Yukon, Canada
HIGHLIGHTS Grab samples returned up to 2.1% Ni and 6.17% Cu, including 1.6g/t Au, and 28 ...
About this update from Gt Resources Inc
[{"type":"text","content":"Palladium One Samples up to 2.1% Nickel and 6.1% Copper at the Canalask Nickel-Copper-PGE Project, Yukon, CanadaHIGHLIGHTSGrab samples returned up to 2.1% Ni and 6.17% Cu, including 1.6g/t Au, and 28 g/t AgHistoric Mineral Resource Estimate of 400,000 tonnes at 1.35% nickel (copper not reported)Strong potential for massive nickel-copper sulphide mineralizationHosts both magmatic Norilsk \"feeder type\" mineralization and epigenic \"footwall-type\" depositDrill ready targetsExcellent Access from adjoining Alaskan highwayToronto, Ontario--(Newsfile Corp. - November 17, 2022) - Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the \"Company\" or \"Palladium One\") is pleased to announce sample assay and drone-based magnetometer (\"Mag\") survey results on the Canalask Nickel-Copper-PGE Project (Figure 1), located beside the Alaskan Highway in the Yukon, Canada (the \"Canalask Property\"). \"The Canalask Project is compelling because it hosts a footwall nickel-copper deposit of unknown origin, suggesting that a larger deposit is present at depth within the ultramafic dyke. It also boasts easy access off a paved highway and benefits from existing infrastructure. \"Grab samples collected in September 2022 assayed over 2% nickel, 6% copper and 1.55 g/t gold. These results support the high grades that were historically reported in footwall style sulphide mineralization. A new drone-based Mag survey has further refined the prospective large ultramafic dyke structure on the project and will aid in drill hole targeting.\"The exploration permitting process is well underway. The Company has initiated local community and regulatory authority engagement as part of a Class III Exploration Permit application. A Class III Permit will allow the pursuit of work required to start systematically drill testing the historical electromagnetic (\"EM\") targets within the ultramafic dyke, proximal to the historical Footwall Deposit,\" commented Derrick Weyrauch, President and CEO.Table 1: Assay Results: Canalask site visit grab samplesSample No.Easting WGS 84Northing WGS84Ni %Cu %Co %Au g/tAg g/tPd g/tPt g/tNP22-CAN-001524,2636,869,3442.140.030.050.005.00.000.00NP22-CAN-002524,2396,869,4050.010.280.020.03.10.000.00NP22-CAN-003524,3346,869,3460.011.060.070.012.90.000.00NP22-CAN-004524,3316,869,3690.260.680.060.013.10.000.00NP22-CAN-005524,3...