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Palladium One Drills 48 Meters @ 2.2 g/t within 116 Meters @ 1.2 g/t Palladium Equivalent at Haukiaho Trend, Finland
Toronto, Ontario--(Newsfile Corp. - June 1, 2021) - Final drill results from the Company's 2,0...
About this update from Gt Resources Inc
[{"type":"text","content":"Palladium One Drills 48 Meters @ 2.2 g/t within 116 Meters @ 1.2 g/t Palladium Equivalent at Haukiaho Trend, FinlandToronto, Ontario--(Newsfile Corp. - June 1, 2021) - Final drill results from the Company's 2,000-meter drill program at the Haukiaho Trend, a distinct zone approximately 20 kilometers south of the Company's primary target area Kaukua South, have returned significant widths and grades, including 48 meters at 2.2 g/t Palladium-equivalent (\"Pd_Eq\") with a wider 116 meters zone grading 1.2 g/t Pd_Eq (Hole LK21-074), on the Läntinen Koillismaa (\"LK\") PGE-Ni-Cu project in Finland, said Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) (\"Palladium One\" or the \"Company\") today.A total of 12 holes (1,943 metres) were drilled on the Haukiaho trend. This release contains the results from the final 5 holes of this program. The drilling was designed establish sufficient drill density to prepare a National Instrument 43-101 resource estimate at Haukiaho.\"The final batch of Haukiaho results is highly encouraging, not only has it filled in a key 200m gap in the historic resource drilling but also found average grades and widths above those of the historical resource estimate. These latest results also extended the core Haukiaho zone to the east and into a second large IP anomaly that was delineated in 2020. This extension indicates substantial near-term upside at Haukiaho,\" said Derrick Weyrauch, President and CEO.HighlightsA 200m gap in the middle of the Haukiaho historic resource has been infilled and found to contain above average grades and widths (Figure 3.)Holes LK21-077 and 078 located, 50 and 100 meters east of the historic resource indicate strong mineralization continues to the east in the Central Drill Target area (Figure 2.)116.0 meters grading 1.20 g/t Pd_Eq in hole LK21-074 starting 99 meters down holeIncluding 48.5 meters grading 2.15 g/t Pd_EqIncluding 7.3 meters grading 3.09 g/t Pd_Eq70.3 meters grading 1.11 g/t Pd_Eq in hole LK21-075 starting 12 meters down hole including 23.2 meters grading 1.84 g/t Pd_Eq Including 4.5 meters grading 3.26 g/t Pd_Eq43.0 meters grading 1.27 g/t Pd_Eq in hole LK21-077 starting 5 meters down hole including 14.5 meters grading 2.01 g/t Pd_Eq 39.2 meters grading 1.63 g/t Pd_Eq in hole LK21-078 starting 144 meters down holeincluding 11.6 meters gradin...