NKORF - Palladium One Mining Inc. (NKORF)(PDM:CA) - Drilling at Tyko Yields Encouraging Results; Geophysical Survey to Commence in May

Phase II drilling program extends known mineralization at Smoke Lake. A total of 14 holes were completed, of which 11 intersected massive and/or semi-massive sulphide mineralization at the Smoke Lake Zone, which previously returned up to 9.9% nickel equivalent over 3.8 meters. Recall that ground-based and borehole EM surveys outlined two significant conductors at Smoke Lake. The most significant conclusion from the Phase II drill program was the linking of massive sulphide mineralization in the upper conductor with the lower conductor. The Phase II drill program indicates a continuous lens of sulphide mineralization joining the upper and lower conductors that dips to the west and plunge to northwest. Management is awaiting first assay results from the laboratory.VTEM geophysical survey scheduled for May. Drilling has been paused due to the spring thaw. Drilling will resume following a 3,000-line kilometer airborne versatile time-domain electromagnetic (VTEM) survey that will cover the entire Tyko project area to discover additional EM anomalies and refine future drill locations.Tracing sulphides to depth. The focus of the upcoming geophysical program will be to continue to trace the Smoke Lake sulphide lens to depth and identify the source of sulphide mineralization, along with identifying other zones of nickel-copper sulphide mineralization on the Tyko property.Rating remains Outperform. NKORF offers investors exposure to high value metals that play a critical role in clean air and battery technologies. In addition to the company's palladium dominant Lantinen Koillismaa (LK) project in Finland for which the company's 17,500-meter Phase II drilling program is progressing well, we think the Tyko project offers significant upside for investors. Drilling results at Tyko have revealed high-grade nickel intercepts and significant exploration potential. Read More >>