Toronto, Ontario--(Newsfile Corp. - July 27, 2021) - The footprint of the Tyko Nickel-Copper Project, which returned drill intercepts from massive magmatic sulphide of up to 9.9% Nickel equivalent ("Ni_Eq"), (23.0% Copper equivalent, 30.1 g/t Gold equivalent*) over 3.8 meters in hole TK21-023 (Table 1) has been expanded by 4,400 hectares, said Palladium One Mining ("Palladium One" or the "Company") (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) today.
- (2) * Au_Equivalent is calculated for comparison purposes using recent spot prices, $8lb nickel, $4.4/lb copper, $19/lb cobalt, $2,700/oz palladium, $1,150/oz platinum, $1,900/oz gold.
- This calculation is consistent with the commodity prices used in the Company's September 2019 NI 43-101 Kaukua resource estimate.
- The Company has acquired 3,500 hectares of new clams by re-imbursing staking costs to the original optionors of the Tyko Project.
- Palladium One Mining Inc. is an exploration company targeting district scale, platinum-group-element (PGE)-copper-nickel deposits in Finland and Canada.