Palladium One Mining Identifies Additional Drill Targets at the Tyko Nickel Project

Toronto-based Palladium One Mining Inc. (TSXV: PDM) is a mineral exploration and development company focused on platinum group element (PGE)-copper-nickel deposits in Canada and Finland. The company recently announced an update on exploration work at its Tyko Nickel-Copper Project located in Ontario, Canada.

The latest high-resolution airborne magnetic survey results have enabled Palladium One to refine its geological model of the property and identify additional interpreted chonoliths and feeder dyke structures that represent priority drill targets. The survey, completed earlier this year, covered over 4,430-kilometers and revealed more detailed magnetic signatures that can better differentiate between the nickel-copper bearing intrusive structures and later diabase dykes.

According to Palladium One President and CEO Derrick Weyrauch, "The impressive resolution of the new airborne magnetic survey has enabled us to better separate the interpreted chonolith / feeder dyke structures from later diabase dykes on the property. This greatly enhances our geological model and refines targeting of high-priority structures."

With the updated data, the 2023 exploration program is now underway focusing on validating these priority drill targets. Work crews have been mobilized to conduct geological mapping, prospecting, and soil sampling along the interpreted feeder dykes. This will further refine targets before drilling later this season.

The Tyko Project represents a high-sulphide, nickel-copper resource with known mineralized zones spanning 20-kilometers of favorable geology. With the latest survey improving the resolution of geological structures, Palladium One has enhanced its opportunity to make the next significant discovery as it advances the project. For investors, the Tyko Project provides exposure to battery metals in a top mining jurisdiction near existing infrastructure. With exploration ongoing, investors should keep an eye on results from the current field program and upcoming drill targets.