Business
Palladium One Intersects 41.6m @ 2.16 g/t Palladium Equivalent at the Open Pit Lantinen Koillismaa PGE-Cu-Ni Project, Finland
Vancouver, British Columbia--(Newsfile Corp. - July 28, 2020) -   Palladium One Mining In...
About this update from Gt Resources Inc
[{"type":"text","content":"Palladium One Intersects 41.6m @ 2.16 g/t Palladium Equivalent at the Open Pit Lantinen Koillismaa PGE-Cu-Ni Project, FinlandVancouver, British Columbia--(Newsfile Corp. - July 28, 2020) -  Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTC Pink: NKORF) (the \"Company\" or \"Palladium One\") is pleased to report the second batch of drilling results from the Phase 1 winter 2020 drill program at the Läntinen Koillismaa (\"LK\") PGE-Cu-Ni Project, located in north-central Finland. Highlights:41.6m grading 2.16 g/t palladium equivalent (\"Pd_Eq\")*, in hole LK20-007Total platinum-group elements (\"PGE\") (Pd + Pt + Au), 1.18 g/tIndividually by metal, 0.83 g/t Pd; 0.28 g/t Pt; 0.07 g/t Au; 0.16% Cu and 0.17% Ni Including 7.8m grading 3.26 g/t Pd_Eq Total PGE of 2.18g/t, Individually by metal, 1.53 g/t Pd; 0.53 g/t Pt; 0.13 g/t Au; 0.21% Cu and 0.17% Ni36.8m grading 1.97 g/t Pd_Eq, from 33m down hole, in hole LK20-005Total PGE, 1.13 g/tIndividually by metal, 0.74 g/t Pd; 0.31 g/t Pt; 0.08 g/t Au; 0.16% Cu and 0.13% Ni Including 8.2m grading 3.40 g/t Pd_Eq Total PGE, 2.00 g/t, Individually by metal, 1.38 g/t Pd; 0.52 g/t Pt; 0.11 g/t Au; 0.29% Cu and 0.21% NiReported widths are \"drilled widths\" true widths are estimated to be approximately 90% of drilled widthPresident and CEO, Derrick Weyrauch commented, \"Hole 7 has confirmed a previously unrecognized higher-grade shoot within the Kaukua Open Pit Deposit, this shoot remain open at depth and further drilling could significantly expand the current resource.\"Hole LK20-007 targeted the down plunge of a previously unrecognized, southwest trending, higher-grade shoot within the Kaukua deposit (Figure 1 and 2). The results of this hole indicate that this higher-grade shoot remains open to the southwest for expansion. Hole LK20-007 is on the lower edge of the 2019 block model and the expansion of this higher-grade shoot will add ounces to a future resource update. Holes LK20-001 through LK20-005 targeted a previously untested up dip portion of the Kaukua deposit (Figure 1) with the goal of upgrading current inferred resources to indicated and outlining near surface mineralization which could form part of a future bulk sample. The Kaukua deposit hosts 635,600 Pd_Eq ounces of Indicated Resources grading 1.80 g/t palladium equivalent, and 525,800 palladium equivalent ounces of ...