Business
Canadian Palladium Commences Magneticotelluric Geophysical Survey at East Bull
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2020) - Canadian Palladium Resources Inc. (formerly 21C Metals Inc.) (CSE: BULL) (OTCQB: DCNNF) (FSE: DCR1
About this update from Quest Critical Metals Inc
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - May 1, 2020) - Canadian Palladium Resources Inc. (formerly 21C Metals Inc.) (CSE: BULL) (OTCQB: DCNNF) (FSE: DCR1) (the \"Company\") is pleased to announce that a magnetotelluric (\"MT\") geophysical survey has been initiated that traverses from the Grid Metals Corp. property holdings across the companies East Bull Property. This jointly funded MT survey is an electromagnetic geophysical method with excellent depth penetration and a proven ability to detect, directly or indirectly, the type of palladium mineralization (high palladium tenor disseminated sulfide) that is found on the companies East Bull Property. Interpreted results from the survey are expected within three weeks. The company has also processed the digital data from the 2007 VTEM survey completed over the Property to define Maxwell Plate electromagnetic targets. These targets are being integrated with the drilling to date and the MT data. This geophysical data will provide a framework for defining additional diamond drill holes within the remaining ~8000 metre of the initial drill program. The drilling will recommence when the safety issues of the geological staff and diamond drillers can guaranteed. At present the project requires access to the town and people of Massey, ON for food lodging and supplies. Once the Province relaxes some of the closure requirements of restaurants and other businesses the company is ready to recommence drilling. The MT survey has been designed to traverse across the known mineralization in the area of diamond drill holes EB-20-01, 02 and 03. The results of the drill holes are presented in the table below. Significant Diamond Drill Intercepts Hole From Metres To Metres Length Metres PalladiumGrams/Ton EB-20-01 28.0 38.0 10.0 2.50 includes 28.0 35.0 7.0 3.32 EB-20-02 37.0 42.0 5.0 1.14 EB-20-03 27.0 38.0 11.0 1.61 includes 27.0 31.0 4.0 3.63 EB-20-06 70.0 74.0 4.0 0.78 EB-20-07 109.0 118.0 9.0 2.14 includes 109.0 115.0 6.0 2.82 Diamond Drill Statistics (NAD 83) HOLE-ID UTM_E UTM_N Elevation LENGTHMetres AZIMUTH DIP EB-20-01 405253 5141487 356 101 180 -45 EB-20-02 405253 5141487 356 200 180 -70 EB-20-03 405210 5141482 355 149 180 -45 EB-20-06 405265 5141538 360 170 180 -50 EB-20-07 405369 5141562 382 170 180 -45 Individual demarked samples were sawn in half, bagged, se...