Palladium One Identifies Additional Chonolith / Feeder Dyke Structures, Field Season Initiated on the Tyko Nickel Project, Canada
Palladium One Identifies Additional Chonolith /
Feeder Dyke Structures, Field Season Initiated
on the Tyko Nickel Project, Canada
Highlights
The 2023 field season is under way and crew have been mobilized.
The Q1 2023, 4,430-kilometer high-resolution airborne magnetic survey results have been
received and structural interpretation has been completed. With the increased resolution,
a significantly more detailed geological model has been prepared resulting in the
identification of additional interpreted chonoliths / feeder dykes structures.
Toronto, Ontario--(Newsfile Corp. - May 16, 2023) -
Palladium One Mining Inc.
(TSXV: PDM)
(OTCQB: NKORF) (FSE: 7N11)
(the "
Company
" or "
Palladium One
") is pleased to report the initial
results of the 2023 exploration program on the Tyko Nickel - Copper Project, in Ontario, Canada.
President and CEO, Derrick Weyrauch commented, "The impressive resolution of the new airborne
magnetic survey has enabled us to better separate the interpreted chonolith / feeder dyke structures from
later diabase dykes on the property.
This greatly enhances our geological model and refines targeting of
high priority structures.
The 2023 field season is now underway with a large field crew performing geological mapping,
prospecting and soil sampling along the interpreted chonoliths / feeder dykes, to further refine drill
targets for the upcoming drill program."
The 2023 exploration program is focused on ground truthing and drill testing interpreted chonoliths /
feeder dykes on the Tyko Project.
In Q1 2023, the Company completed a high-resolution magnetic
survey, the results of which are presented in Figures 1 and 2.
The 2023 magnetic survey was designed
to refine the geometry of the interpreted chonoliths / feeder dykes across Tyko's
30-kilometer strike
length.
Figure 1.
Tyko Property map showing the new 4,430-kilometer, 75 meters line spaced high resolution
airborne magnetic survey and the various mineralized zones and multi-line Versatile Time Domain
Electromagnetic ("VTEM") anomalies, background is total magnetic intensity reduced to pole ("TMI-
RTP").
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/166187_9e1c7d9c8474a9d8_001full.jpg
Figure 2.
Zoom in on the 2023 priority exploration areas - showing existing drill holes, interpreted
chonoliths / feeder dykes, and proposed work programs. Background is TMI-RTP magnetics.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/166187_9e1c7d9c8474a9d8_002full.jpg
About Tyko Nickel - Copper - Cobalt Project
The Tyko Nickel - Copper - Cobalt Project, is located approximately 65 kilometers northeast of Marathon
Ontario, Canada. Tyko is an early stage, high sulphide tenor, nickel - copper (2:1 ratio) project and
currently has five known mineralized zones spanning over a 20-kilometer strike length.
Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P.
Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined
by National Instrument 43-101.
About Palladium One
Palladium One Mining Inc. (TSXV: PDM) is focused on discovering environmentally and socially
conscious
Metals for Green Transportation
. A Canadian mineral exploration and development
company, Palladium One is targeting district scale, platinum-group-element (PGE)-copper-nickel
deposits in Canada and Finland. The Läntinen Koillismaa (LK) Project in north-central Finland, is a
PGE-copper-nickel project that has existing NI43-101 Mineral Resources, while both the Tyko and
Canalask high-grade nickel-copper projects are located in Ontario and the Yukon, Canada, respectively.
Follow Palladium One on
,
, and at
www.palladiumoneinc.com
.
ON BEHALF OF THE BOARD
"Derrick Weyrauch"
President & CEO, Director
For further information contact:
Derrick Weyrauch, President & CEO
Email:
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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of America. The common shares of Palladium One Mining Inc. have not been and will not be
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