- Palladium One (PDM) has released the final results from its Phase II drill program at the Tyko Nickel-Copper Project
- The program, which took place at the Smoke Lake target on the property, revealed massive magmatic sulphide intercepts grading up to 10.2 per cent nickel equivalent over 1.7 metres
- A summer mapping, prospecting, and soil sampling program has now been mobilized to the property
- Palladium One Mining Inc. is an exploration company targeting district scale, platinum-group-element(PGE)-copper-nickel deposits in Finland and Canada
- Palladium One Mining Inc. (PDM) is up 15.38 per cent, trading at $0.30 per share
Palladium One (PDM) has released the final results from its Phase II drill program at the Tyko Nickel-Copper Project.
The program, which took place at the Smoke Lake target on the property, revealed massive magmatic sulphide intercepts grading up to 10.2 per cent nickel equivalent over 1.7 metres.
These results are in addition to the announcement last week of 9.5 per cent nickel equivalent over 1.7 metres, within 6.0 per cent nickel equivalent over 5.0 metres.
Of the 14 drill holes that were completed, 11 intersected massive or semi-massive sulphide mineralization at the Smoke Lake zone.
Derrick Weyrauch, president and CEO of Palladium One, commented on the results.
“Smoke Lake continues to deliver some of the highest sulphide nickel grades globally,” he said. “We remain focused on finding the source of the remobilized massive sulphide mineralization, which could be located in the large magnetic anomaly immediately below Smoke Lake.”
A summer mapping, prospecting, and soil sampling program has been mobilized to provide further insight for areas such as Smoke Lake.
“We are cautiously optimistic,” said Mr. Weyrauch, “that there could be additional Smoke Lake-type high-grade nickel zones on the 200km2 Tyko Property.”
Palladium One Mining Inc. is an exploration company targeting district scale, platinum-group-element(PGE)-copper-nickel deposits in Finland and Canada.
The Tyko Ni-Cu-PGE Project in Ontario is an early stage, high sulphide tenor, nickel-copper project.
Palladium One Mining Inc. (PDM) is up 15.38 per cent, trading at $0.30 per share as of 3:59 pm ET.
