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Palladium One Announces Response to COVID-19
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2020) -   Palladium One Mining I...
About this update from Gt Resources Inc
[{"type":"text","content":"Palladium One Announces Response to COVID-19Vancouver, British Columbia--(Newsfile Corp. - March 24, 2020) -  Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTC Pink: NKORF) (the \"Company\" or \"Palladium One\") reports that due to the COVID-19 pandemic, the Company is suspending the current exploration program at the palladium dominant, Läntinen Koillismaa (\"LK\") PGE-nickel-copper project located in Finland.In response to escalating health concerns for our employees, their families and the communities in which we operate in, travel restrictions, and a plea from the Canadian government for all Canadians to return home, the Company repatriated all Canadian staff on March 16, 2020 and upon arrival they began a minimum 14-day quarantine period. The Company would like to thank the professionalism of its Finnish team during these challenging times.The Company's exploration program will conclude having completed the full 75-line kilometers of Induced Polarization (IP) and 385-line kilometers of drone Magnetic geophysical surveys, and approximately 2,000-meters of the planned 5,000-meter diamond drilling program. \"The COVID-19 pandemic and it's repercussions are continuing to evolve. The duration of capital market volatility is unclear. Suspending our exploration program early allows the Company to maintain a robust liquidity position. We will continue to monitor the situation and plan to resume the exploration program when appropriate.\" commented Derrick Weyrauch, President and CEO.About Palladium OnePalladium One Mining Inc. is a palladium dominant, PGE, nickel, copper exploration and development company. Its assets consist of the Lantinen Koillismaa (\"LK\") PGE-Cu-Ni project, located in north-central Finland and the Tyko Ni-Cu-PGE property, near Marathon, Ontario, Canada. The Kaukua deposit of the LK project hosts 635,600 Pd_Eq ounces of Indicated Resources grading 1.80 g/t Pd_Eq* (\"palladium equivalent\") contained in 11 million tonnes (@ 0.81g/t Pd, 0.27g/t Pt, 0.09g/t Au, (1.17g/t PGE), 0.15% Cu & 0.09% Ni), and 525,800 Pd_Eq ounces of Inferred Resources grading 1.50 g/t Pd_Eq contained in 11 million tonnes (@ 0.64g/t Pd, 0.20g/t Pt, 0.08g/t Au (0.92g/t PGE), 0.13% Cu, & 0.08% Ni), (see press release September 9, 2019). Kaukua is open for expansion, while the Kaukua South, Murtolampi and Haukiaho mine...