T.O.), Andy.Mackenzie@cpfs.mpg.de (A.P.M.), philip.king@st-andrews.ac.uk (P.D.C.K.) † These authors contributed equally to this work.Abstract: A nearly free electron metal and a Mott insulating state can be thought of as opposite ends of possibilities for the motion of electrons in a solid. In the magnetic oxide metal PdCrO 2 , these two coexist as alternating layers. Using angle resolved photoemission, we surprisingly find sharp band-like features in the one-electron removal spectral function of the correlated subsystem. We show that these arise because a hole created in the Mott layer moves to and propagates in the metallic layer while retaining memory of the Mott layer's magnetism. This picture is quantitatively supported by a strong coupling analysis capturing the physics of PdCrO 2 in terms of a Kondo lattice Hamiltonian. Our findings open new routes to use the non-magnetic probe of photoemission to gain insights into the spin-susceptibility of correlated electron systems.One Sentence Summary: An intrinsically non-magnetic spectroscopy is shown to have strong magnetic sensitivity in Kondo-coupled PdCrO 2 .Main Text: PdCrO 2 is a member of the broad class of layered triangular lattice materials whose layer stacking sequence (see Fig. 1A) is that of the delafossite structural family ABO 2 (1). In a simple ionic picture of the delafossites, triangular co-ordinated layers of A + ions are stacked between BO 2 octahedra in which the B ions also have triangular co-ordination (2, 3). Most delafossites are insulating or semiconducting. PdCoO 2 and PtCoO 2 , however, are extremely high