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Palladium One Initiates 17,500-Meter Phase II Drilling Program in Finland
Toronto, Ontario--(Newsfile Corp. - November 10, 2020) -  A 17,500-meter Phase II drillin...
About this update from Gt Resources Inc
[{"type":"text","content":"Palladium One Initiates 17,500-Meter Phase II Drilling Program in FinlandToronto, Ontario--(Newsfile Corp. - November 10, 2020) -  A 17,500-meter Phase II drilling program targeting the Kaukua South zone is scheduled to begin on November 13, 2020, said Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTC Pink: NKORF) (the \"Company\" or \"Palladium One\"). The Phase II program is primarily designed to support a future inferred resource estimate at Kaukua South, which possesses a drill defined, greater than 4-kilometer mineralized strike length (Figure 1).The initial stage of the Phase II program will include approximately 2,500 meters of diamond drilling to be completed before year end, targeting the 750-meter long high-grade section located between holes LK20-006 and LK20-016. Drilling will also include step-out exploration drilling to the east of drill hole LK20-016.Hole LK20-016 returned:62.7 m at 3.52 g/t of palladium equivalent (Pd_Eq)* starting at only 23.5 m down hole,Included a high-grade interval of 18.5 m at 4.58 g/t Pd_Eq starting near surface at 47.5 m down hole, (see news release October 22, 2020)Hole LK20-006, located 750-meters west of hole LK20-016 returned:A core interval of 63.4 m at 1.88 g/t Pd_Eq starting near surface at 95.0 m down hole, within 166.7 m at 1.16 g/t Pd_Eq starting at only 43.8 m down hole (see news release August 11, 2020)\"The shallow mineralization and continuity of drill results demonstrates potential to rapidly add open pit ounces and significantly increase the existing NI 43-101 open pit constrained resource estimate,\" stated Derrick Weyrauch, President and CEO.Table 1Select previously announced Phase I Drill Results from Kaukua South in the 750-meter long high-grade section between holes LK20-006 and LK20-016ZoneHoleFrom (m)To (m)Width (m)Pd_Eq g/t*PGE g/t (Pd+Pt+Au)Pd g/tPt g/tAu g/tCu %Ni %Kaukua SouthLK20-006* 43.8210.5166.71.160.580.390.140.050.090.10Upper Zone43.862.018.31.270.330.210.050.070.130.16Core Zone95.0158.463.41.881.060.720.260.080.130.14Kaukua SouthLK20-01413.5159.0145.51.280.530.350.130.060.110.13Upper Zone14.531.016.50.970.250.150.050.050.080.13Core Zone87.0159.072.01.960.940.620.230.090.170.17Kaukua SouthLK20-01623.586.262.73.522.621.840.640.140.180.15Inc.23.566.042.54.153.142.210.770.160.210.17Inc.47.566.018.54.583.552.510.860.180.220.17Inc.60.564.54.05.124.02...