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Palladium One Intersects 166.7m at 1.16 g/t Palladium Equivalent ("Pd_Eq"), Including 63.4m at 1.88 g/t Pd_Eq in Kaukua South at the Open Pit Lantinen Koillismaa ("LK") PGE-Cu-Ni Project, Finland
Vancouver, British Columbia--(Newsfile Corp. - August 11, 2020) -  Palladium One Mining ...
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[{"type":"text","content":"Palladium One Intersects 166.7m at 1.16 g/t Palladium Equivalent (\"Pd_Eq\"), Including 63.4m at 1.88 g/t Pd_Eq in Kaukua South at the Open Pit Lantinen Koillismaa (\"LK\") PGE-Cu-Ni Project, FinlandVancouver, British Columbia--(Newsfile Corp. - August 11, 2020) -  Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTC Pink: NKORF) (the \"Company\" or \"Palladium One\") is pleased to report the results of the first drill hole to test the eastern extension of the greater than 4 kilometer (\"km\") long Kaukua South Induced Polarization (\"IP\") chargeability anomaly (LK20-006). Hole LK20-006 intersected 166.7m @ 1.16 g/t Palladium Equivalent (\"Pd_Eq\")*, including 63.4m @ 1.88g/t Pd_Eq. LK20-006 is located in an area with no previous drilling and represents a 180 meter step-out east of the nearest Kaukua South drill hole (KAU08-036, Figure 1). The results confirm that the eastern extension of the Kaukua South IP anomaly is the result of near surface palladium-rich sulphide (PGE-Cu-Ni) mineralization, which suggests significant additional open-pit style mineralization remains to be delineated in the greater Kaukua area. Highlights:166.7m @ 1.16 g/t Pd_Eq, from 43.8m down hole in hole LK20-006Total platinum-group elements (Pd + Pt + Au), 0.58 g/tIndividually by metal, 0.39 g/t Pd; 0.14 g/t Pt; 0.05 g/t Au; 0.09% Cu and 0.10% Ni Including 63.4m @ 1.88 g/t Pd_Eq Total PGE of 1.06 g/t, Individually by metal, 0.72 g/t Pd; 0.26 g/t Pt; 0.08 g/t Au; 0.13% Cu and 0.14% NiIncluding 7.8m @ 2.61 g/t Pd_Eq Total PGE of 1.59 g/t, Individually by metal, 1.12 g/t Pd; 0.38 g/t Pt; 0.09 g/t Au; 0.13% Cu and 0.19% NiConfirms the eastern extension of the greater than 4 kilometer long Kaukua South IP anomaly is the result of PGE-Cu-Ni sulphide mineralization (Figure 1)LK20-006 is 180m east of and significantly higher grade than the nearest Kaukua South hole 52.0m @ 1.01 g/t Pd_Eq (0.46g/t PGE), 0.30 g/t Pd, 0.11g/t Pt, 0.05 g/t Au, 0.10% Cu and 0.09% Ni, in hole KAU08-036.The core zone (63.4m @ 1.88g/t Pd_Eq) in LK20-006 is twice as wide as best historic intercept in Kaukua South. 33.0m @ 1.89 g/t Pd_Eq (1.05 g/t PGE), 0.74 g/t Pd, 0.24 g/t Pt, 0.07 g/t Au, 0.17% Cu, and 0.13% Ni, in hole KAU08-035.President and CEO, Derrick Weyrauch commented, \"To date, Hole LK20-006 bears the most significant results of the Phase 1 drill program. It...