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Nickel One Resources begins drilling its Tyko project in Ontario

by Greg Klein | March 8, 2016

Nickel One Resources begins drilling Tyko project in Ontario

Outcrops on Nickel One’s recently acquired Tyko
project show nickel and copper mineralization.

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.

Read more about Nickel One Resources.

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