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Drilling at Tyko
Source: Palladium One Mining
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  • Palladium One Mining (PDM) is reporting four significant multi-line Electromagnetic (EM) anomalies on its Tyko Copper-Nickel Project
  • The findings come from the preliminary results of the recently completed VTEMmax airborne survey on the property
  • The 100-metre spaced, 3,100-line-kilometre VTEMmax survey is the largest and most sensitive EM survey ever conducted on the project
  • The project is located in Northern Ontario
  • Palladium One Mining is up 4.76 per cent, trading at $0.22 at 11:51 am ET

Palladium One Mining (PDM) is reporting four significant multi-line Electromagnetic (EM) anomalies on its Tyko Copper-Nickel Project.

The findings come from the preliminary results of the recently completed VTEMmax airborne survey on the property.

The recently completed 100-metre spaced 3,100 line-kilometre VTEMmax survey is the largest and most sensitive EM survey ever conducted on the Tyko Project.

Several single-line EM anomalies were also identified.

These are the first EM anomalies identified in the large mafic-ultramafic Bulldozer Intrusion.

The project is located in Northern Ontario.

“We now have four new multi-line EM anomalies to test, which supports our belief that there are multiple Smoke Lake-type zones yet to be discovered. Of particular interest are two anomalies in the Bulldozer Intrusion. These are the first EM anomalies identified in this large mafic-ultramafic intrusion and hint at potentially large tonnage targets. We are very pleased with these regional results and are awaiting results from the Smoke Lake zone,” said President and CEO Derrick Weyrauch.

The four new multiline EM anomalies are in new areas with no previously known mineralization or drilling.

The Vancouver-based company believes the results speak to the sensitivity of the VTEMmax system and its potential to identify targets that were missed by less sensitive historic EM surveys.

Palladium One Mining is up 4.76 per cent, trading at $0.22 at 11:51 am ET.

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