Stay updated with breaking news from Kaukua. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Toronto, Ontario (Newsfile Corp. - March 11, 2021) - Infill drilling spaced at 100-meter grid spacing has increased continuous mineralization to over 1,300 meters and into the gap zone , thereby supporting the thesis of potentially more open-pit resources at the Kaukua South zone of the Läntinen Koillismaa ( LK ) PGE-Ni-Cu project in Finland said Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) ( Palladium One or the Company ) today. These interim results are from the 17,500-meter, Phase II Resource Definition drill program at Kaukua South. Derrick Weyrauch, President and CEO of Palladium One, said, Drilling at Kaukua South has successfully extended known mineralization to the east and west of hole LK20-016 and into the gap zone where the Induced Polarization ( IP ) chargeability anomaly was weaker (see - hole LK20-036 and LK20-044 in Figure 1). These results imply that the gap zone could host more mineralization than previously thought. Interim result ....
(2) Toronto, Ontario (Newsfile Corp. - March 3, 2021) - Planned exploration activities in 2021 have been expanded at both the palladium dominant Läntinen Koillismaa ( LK ) PGE-Ni-Cu project in Finland and the Tyko Nickel-Copper project in Ontario, Canada, said Palladium One Mining Inc. (CSE: BULL) (OTCQB: NKORF) (FSE: DCR1) ( Palladium One or the Company ) today. Derrick Weyrauch, President and CEO of Palladium One said, A cash balance of $19.7 allows for the acceleration of exploration activities and expansion of the initial 2021 exploration budget to $11.5 million. The expanded program in Finland lets us complete resource definition drilling at the Kaukua South and Haukiaho zones while also initiating drilling at potential eastern and western extensions of Kaukua South. At the Tyko project, our expanded program will be centered on new target development, infill drilling, and expansion of known high-grade nickel mineralization at the Smoke Lake zone. ....
Palladium One Mining Inc.: Palladium One More Massive Magmatic Sulphide Intersections, up to 7.5% Ni Eq (164 lbs/tonne) over 4.2 Meters at Tyko 7.5% Ni Eq (164 pounds per tonne) over 4.2 Meters (5.8% Ni, 2.7% Cu, 1.3/t PGE), have been received from the 2020 Tyko drill program, located at the Smoke Lake target of the Tyko Ni-Cu-PGE Project said Palladium One Mining (TSXV: PDM) (FSE: 7N11) (OTC: NKORF) ( Palladium One or the Company ) today. These results are in addition to last weeks announcement of 8.7% Ni Eq (193 pounds per tonne) over 3.8 Meters (6.6% Ni, 3.7% Cu, 1.5g/t PGE) (see press release January 5, 2021). Key Highlights: Including 8.8% Ni Eq over 2.1 meters (7.3% Ni, 2.3% Cu, 1.3g/t PGE). ....