Business
Canadian Palladium Resources Drilling Continues to Extend near Surface Deposit to over 1.6km of Strike Length
Vancouver, British Columbia--(Newsfile Corp. - October 21, 2020) - Canadian Palladium Resources Inc. (CSE: BULL) (OTCQB: DCNNF) (FSE: DCR1) (the "Company") is p
About this update from Quest Critical Metals Inc
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - October 21, 2020) - Canadian Palladium Resources Inc. (CSE: BULL) (OTCQB: DCNNF) (FSE: DCR1) (the \"Company\") is pleased to provide an update on the analytical results for diamond drill holes EB-20-01 to EB-20-24 on the East Bull Palladium Property, 90 kilometres west of Sudbury, Ontario. The 10,000 m drill program continues to extend the Palladium mineralization in the Valhalla Zone down dip from the current resource and will test the western strike extension of the Valhalla Zone where it potentially joins with the Garden Zone. To date, the Company's exploration team has drill tested just over half of the 3.2 km strike length of the 45o north dipping vari-textured gabbro unit that hosts the Palladium mineralization near the basal contact of the East Bull Gabbro. Drilling has successfully focused on testing the downdip extension of this \"contact-type\" mineralization that is typically 10's of metres thick. To date all of the intercepts are relatively shallow and within 135 m vertical depth from surface. Highlights of the 24 diamond drill holes reported to date: 12 holes have intersected contact-type mineralization with widths of 10 m or greater with over 1.0 g/t Pd-Eq; 2 holes in the west part of the deposit holes EB20-21 and -22 intersected 65 and 71 m, respectively, of greater than 1.0 g/t Pd-Eq; 4 holes have intersected high-grade layered mineralization with widths of 2 m or greater with over 6.0 g/t Pd-Eq. Wayne Tisdale, Canadian Palladium's CEO, commented, \"Our exploration team has successfully identified a number of impressive, wide and near-surface intercepts that will significantly add to our Palladium and precious metals resource. We anxiously anticipate the results of our next phase of drilling and continuing to extend the resource in a westerly direction. We expect to complete our 10,000 metre diamond drill program by mid December. Once we've completed all the core analysis, we will immediately commission an updated Mineral Resource estimate.\" Drill hole intercepts for holes EB20-01 to -24 are reported in the following table. Drill hole locations and a drill plan are provided at the end of the release. Diamond Drill Hole Compilation EB-20-01 to EB-20-24 Hole ID From (m) To (m) Width (m) Pdg/t Ptg/t Rhg/t Aug/t Cu % Ni % Co % 3PGM + Au g/t Pd Eq g/t EB-20-01 27 ...