Announcement Date: 2022-11-21
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Palladium One Mining Inc.
Project name: Tyko
Location: Canada
Commodities: Gold,Palladium,Platinum,Copper,Nickel,Cobalt
Highlight: Drilling results incl. 2.4m at 3.18% Ni, 0.99% Cu, 600.00ppm Co, 0.18g/t Pd, 0.19g/t Pt, 0.02g/t Au, from 186.6m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: November 21, 2022 – Toronto, Ontario – Palladium One Mining Inc. (TSX-V: PDM, OTCQB: NKORF, FRA: 7N11) (the “Company” or “Palladium One”) is pleased to report additional assay results from the West Pickle massive sulphide discovery in Ontario, Canada. The Tyko Property hosts nickel, copper and cobalt, each of which has been designated a Critical Mineral. President and CEO, Derrick Weyrauch commented, “Tyko continues to impress as a developing Nickel District.” At the West Pickle Zone hole TK-22-60 returned 3.9% Ni Eq over 2.4 metres (Table 1). Importantly, stringers of chalcopyrite-pyrrhotite-pentlandite were observed in hole TK-22-077, which represents the most easterly hole drilled to date at West Pickle. Hole TK-22-077 steepened unexpectedly, resulting in it missing the targeted electromagnetic (“EM”) Maxwell plate, but it still intersected mineralization indicating the zone remains alive and well to the far east. The West Pickle mineralization has now been defined over more than 500 meters of strike length (Figure 3 and 5).
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