https://www.miningweekly.com

Palladium One expands Tyko nickel/copper district

12th September 2023

By: Creamer Media Reporter

     

Font size: - +

TSX-V-listed Palladium One has expanded the Tyko nickel/copper district with the acquisition of the highly prospective Tyko II property, about 10 km north of Tyko I, in Ontario.

The Tyko II property was acquired through a combination of staking (47 claims, totalling 994 ha) and claim purchases (307 claims, totalling 7 627 ha) from local prospectors.

“The property expansion bolsters the company’s nickel/copper strategy in a premiere mining jurisdiction and specifically in a highly prospective, relatively unexplored region, where it now controls 38 130 ha,” says CEO Derrick Weyrauch.

Tyko II brings an additional pipeline of drill permitted magmatic copper/nickel sulphide targets.

“The Tyko II project has many geological similarities to Tyko I with several untested historic EM anomalies. Prior to our high-grade discovery, the Smoke Lake zone also began as an historic untested EM anomaly. Just like Tyko I, Tyko II has seen surprisingly little historic exploration or even government mapping,” he says.

Having completed the majority of the planned 2023 prospecting, mapping and soil sampling programme, Palladium One will begin drill testing new and existing targets in mid-October.

With C$14.5-million of cash on hand as of the end of the second quarter, the company is well financed for its planned activities.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

EKATO Africa
EKATO Africa

Established in 1933, EKATO is the world leader in agitation technology, supplying agitators for processes and applications such as chemicals and...

VISIT SHOWROOM 
Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.051 0.79s - 114pq - 2rq
Subscribe Now