Palladium One Charges Ahead with Systematic Nickel-Copper Exploration at Tyko

• Palladium One Mining is focused on finding metals for green transportation and energy transition, targeting PGE, copper, and nickel in top mining areas.
• They have significant projects in Canada (Tyko in Ontario, CanAlask in Yukon) and their Läntinen Koillismaa project in Finland.
• Latest results from their 2023 field program at Tyko show highly anomalous nickel, copper and cobalt values between the West Pickle and RJ Zones at Tyko.

Palladium One Mining is a Canadian mineral exploration company focused on nickel, copper, and platinum group element deposits. With operations in Ontario, Canada and Finland, Palladium One is advancing district-scale assets that could supply the metals critical for the global energy transition.

Driven by first-rate geological knowledge and a methodical approach, the Palladium One team aims to make significant new discoveries and develop them into valuable mining assets.

Latest Results Confirm Discovery Potential at Tyko

Recent results from the first results from their 2023 field program at Palladium One’s Tyko nickel-copper project in Ontario reinforce the property’s excellent discovery opportunities.

An extensive soil sampling campaign over the Smoke Lake electromagnetic anomaly returned highly anomalous nickel, copper, and cobalt values, including up to 785ppm nickel, 431ppm copper, and 49ppm cobalt. This suggests the presence of undiscovered nickel-copper mineralization associated with an interpreted feeder dyke structure between the high-grade West Pickle and RJ zones, which are 2.5km apart.

Interview with VP of Exploration, Neil Pettigrew

According to VP Exploration Neil Pettigrew, this emerging 1.3km long target “has the potential to host a larger volume of mineralization” compared to previous hits at West Pickle and Smoke Lake, including exceptional grades up to 10.4% nickel and 3.4% copper over 2.3 meters at West Pickle (hole TK-22-070).

Pettigrew stated that the systematic approach to exploration at Tyko has driven success in the past. It involves thoroughly investigating targets using modern and traditional exploration techniques prior to drilling. This strategy has delivered the exceptional drill results at West Pickle.

The Next Phase

With a healthy treasury, Palladium One is fully funded to execute its exploration plans at Tyko and beyond. The company will spend the coming months finalizing targets and anticipating at least 4,000 meters of drilling this fall.

The primary goal is to demonstrate the size potential of the mineralized system. The discovery of a significant volume of nickel-copper mineralization, in conjunction with the impressive high-grade results to date, could establish Tyko as a premier nickel-copper asset.

Pettigrew emphasized that the technical team remains focused on the fundamentals of finding ore-grade material. Systematic exploration is key to making a tier one discovery.

Pezim II Earn In Agreement

Palladium One also announced it has now earned an 80% interest in the Pezim II property which contains the high-grade West Pickle Zone, which forms part of the larger Tyko Nickel – Copper Project, in Ontario, Canada. The Pezim II claim block was optioned from First Class Metals in 2021.

By successfully meeting its milestones, Palladium One's 80% interest paves the way for a strategic Joint Venture Agreement, with Palladium One retaining its leadership role in operations. Should either party not fully participate in future spending, its ownership will be diluted. If a party's contribution dwindles to just a 10% working interest, they shall be granted a 1% NSR Royalty in the Earn-In Properties. Conversely, the other, or the "Surviving Party," will claim a 100% undivided working interest. The Surviving Party holds an exclusive option to buy out the NSR Holder's 1% NSR Royalty by way of a one-time payment of $1,000,000.

5 Key Takeaways for Investors

1. Tyko is an early-stage project with minimal previous exploration, offering substantial discovery opportunities.
2. Recent soil sampling reveals a 1.3km long target between proven high-grade zones.
3. The methodical exploration approach aims to systematically develop targets to maximize discovery potential, with drilling likely in Fall 2023.
4. A strong treasury position allows Palladium One to fully fund exploration and progress Tyko.
5. Impressive high-grade hits, large-scale discovery potential, and disciplined strategy makes Tyko a compelling nickel-copper project.

Palladium One offers excellent leverage to the EV battery metals nickel and copper. As the company unlocks the potential at Tyko, investors have an opportunity to get in early. Keep an eye on drill results this fall and consider Palladium One as a strategic investment in the critical minerals powering the future.