NKORF - Palladium One Mining Inc. (NKORF)(PDM:CA) - Tyko Nickel-Copper Project Area Enlarged with Purchase and Earn-In Agreements
Expansion of the Tyko project. The Tyko Nickel-Copper project area has been increased to 24,550 hectares from 20,100 hectares with the purchase of new claims representing 3,500 hectares, along with two separate earn-in agreements representing an additional 950 hectares. These acquisitions follow the completion of the Phase II drill program which revealed high-grade nickel intercepts and significant exploration potential.Airborne geophysical survey completed. An airborne versatile time-domain electromagnetic (VTEM) survey has been completed across the entire Tyko project. A key focus of the program is 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. The results will be used to identify additional electromagnetic anomalies and refine future drill locations.Soil samples pending. Field crews are conducting reconnaissance mapping, prospecting, and soil sampling. The first 1,000 soil samples have been sent for assaying with results pending.Rating is Outperform. Palladium One offers investors exposure to high value metals that play a critical role in clean air and battery technologies. While investors have focused on the flagship LK project in Finland, we expect the Tyko nickel project in Ontario, Canada to become increasingly more relevant to the company’s valuation. Based on the successful Phase II drilling program, we view the expansion of the property favorably. Read More >>