How did Palladium One discover new Nickel mineralization at Tyko?
Palladium One's Tyko Project Unveils Significant Nickel Mineralization and New Geological Structures
Palladium One Mining Inc. has announced exciting initial results from its 2023 drilling program at the Tyko Nickel–Copper Project in Ontario, Canada. This exploration effort has identified new zones of nickel mineralization and confirmed the presence of Chonolith/Feeder Dyke structures, extending over five kilometers in the West Pickle Area.
The findings underscore the potential of Tyko as a burgeoning nickel district, with significant implications for the supply of critical green transportation metals.
Discovery of New Nickel Zones and Geological Insights
The 2023 drill campaign has been a pivotal exploration endeavor for Palladium One, revealing new areas of nickel mineralization alongside Chonolith/Feeder Dyke structures. These geological formations, now confirmed to extend over a substantial strike length, play a crucial role in the area's mineralization profile.
Notably, drill hole TK23-128 in an area with pronounced soil anomalies, unveiled intercepts of up to 0.
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4% Ni and 0. 2% Cu over 2. 7 meters, including a high-grade segment of 1. 0% Ni and 0. 4% Cu over 0. 9 meters. Another drill hole, TK23-134, targeted borehole electromagnetic anomalies, returning 1. 8% Ni and 1. 0% Cu over 1. 5 meters, highlighting the high-grade potential within the West Pickle Zone.
Exploration Strategy and Geophysical Surveys
Palladium One's exploration strategy at Tyko has been informed by comprehensive geophysical surveys, including Magneto Telluric (MT) and Borehole Electromagnetic (BHEM) studies.
These surveys have been instrumental in guiding the drilling program, with the MT survey suggesting the continuation of the West Pickle Zone's geology further northeast. This insight, coupled with the drilling results, indicates a robust mineralizing system, underscoring the need for further exploration to delineate the full extent of the mineralization.
Future Exploration Plans
The company has outlined its next steps in the wake of these promising results. Future exploration will focus on trenching, mapping, and channel sampling to gain a deeper understanding of the controls on the newly discovered mineralization. This preparatory work is expected to set the stage for subsequent drilling phases, aimed at further testing the identified anomalies and expanding the known mineralized zones.
About Tyko Nickel–Copper–Cobalt Project
The Tyko Project, located near Marathon, Ontario, represents an early-stage, high sulphide tenor nickel–copper project with a 2:1 nickel to copper ratio. Spanning over 20 kilometers, Tyko demonstrates the potential for a new greenfield nickel district, crucial for the development of critical green transportation metals.
Palladium One's Commitment to Green Metals
Palladium One Mining Inc. , a Canadian exploration and development company, is at the forefront of discovering environmentally and socially conscious metals essential for the green transportation sector. With projects in Canada and Finland, the company is committed to developing district-scale deposits of nickel–copper sulphide and platinum-group elements, playing a pivotal role in the transition to a more sustainable and electrified global economy.
The initial results from Palladium One's 2023 drilling program at the Tyko Nickel–Copper Project mark a significant milestone in uncovering new nickel mineralization zones and geological structures.
These discoveries not only enhance the project's prospectivity but also affirm Palladium One's position as a key player in the exploration of critical metals for green transportation. As exploration advances, the Tyko Project is poised to contribute significantly to the sustainable supply of nickel, copper, and cobalt, essential for the future of transportation and technology.
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