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home / news releases / NKORF - Palladium One Mining Inc. (NKORF)(PDM:CA) - Exploration Activities Accelerate at the Tyko Nickel-Copper Project


NKORF - Palladium One Mining Inc. (NKORF)(PDM:CA) - Exploration Activities Accelerate at the Tyko Nickel-Copper Project

Phase II drilling program at Tyko. Palladium One commenced a 2,000-meter Phase II drilling program at the Tyko Ni-Cu project’s high-grade Smoke Lake nickel discovery in Canada. Recall that ground-based electromagnetic (EM) and borehole electromagnetic (BHEM) surveys were conducted in February to better define conductors hosting high-grade nickel mineralization. Ground-based and borehole EM surveys have outlined two significant conductors at Smoke Lake, one of which extends beyond the survey area. High-resolution drone-based magnetic survey data suggests a larger magnetic body occurs at depth below and to the northeast of the Smoke Lake discovery.VTEM geophysical survey scheduled for May. A 3,000-line kilometer airborne versatile time-domain electromagnetic (VTEM) survey will cover the entire Tyko project area to discover additional EM anomalies. The company has made productive use of geophysics to inform its drilling activities.Work continues at Disraeli. Palladium One has also completed EM and BHEM surveys of its Disraeli PGE-NI-Cu project in Ontario, Canada, along with a reconnaissance drill program that entailed 5 drill holes, representing 1,233 meters of drilling. Significant cobalt bearing magnetite skarn mineralization was intersected. Down hole geophysics outlined a conductor that may represent a feeder system which management intends to explore further.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 and Disraeli projects offer significant upside for investors. Drilling results at Tyko have revealed high-grade nickel intercepts and significant exploration potential.Read More >>

Stock Information

Company Name: Nickel One Resources
Stock Symbol: NKORF
Market: OTC

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