by Greg Klein | March 8, 2016
Hoping to confirm historic results and extend known mineralization, Nickel One Resources TSXV:NNN has a minimum 10-hole, 1,500-metre program underway at its Tyko project in Ontario’s Thunder Bay mining district. The company sees potential in two historic showings of nickel-copper-platinum group elements and a 10-kilometre ultramafic conduit structure. Previously, only 12 shallow holes had been sunk on the 11,168-hectare property.
The campaign’s budgeted at about $300,000. Nickel One recently closed an $890,000 private placement.
Having made its Venture debut on February 29, the company now trades on the Frankfurt Stock Exchange as well, under the symbol 7N1.