Announcement Date: 2023-03-27
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Palladium One Mining Inc.
Project name: Tyko
Location: Canada
Commodities: Palladium,Platinum,Copper,Nickel,Cobalt
Highlight: Drilling results incl. 6.9m at 1.07% Ni, 0.28% Cu, 0.02% Co, 0.03g/t Pd, 0.04g/t Pt from 32m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: March 27, 2023 – Toronto, Ontario – Palladium One Mining Inc. (TSX-V: PDM, OTCQB: NKORF, FRA: 7N11) (the “Company” or “Palladium One”) is pleased to report the discovery of a new high-grade nickel – copper zone (“Ember Zone”) which is located 3.5 kilometers southwest of the Smoke Lake Zone (Figure 1) on the Tyko nickel – copper project, in Ontario, Canada (“Tyko Project”). “The discovery of another high-grade nickel – copper zone at Tyko further supports our thesis that we have a significant new nickel camp on our hands. The Ember Zone exhibits many similarities to the nearby Smoke Lake Zone and other high-grade nickel – copper zones on the Tyko Project. Notably the Ember Zone is adjacent to an extensive interpreted Chonolith, which is on strike with the Cupa Lake VTEM / soil anomalies, suggesting Ember may be part of much larger mineralizing system.” commented Derrick Weyrauch, President and Chief Executive Officer.
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