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Palladium One Intersects 87.2m @ 1.43 g/t Palladium Equivalent ("Pd_Eq") at the Murtolampi Zone of the Open Pit Läntinen Koillismaa PGE-Cu-Ni Project, Finland
Vancouver, British Columbia--(Newsfile Corp. - August 25, 2020) - Palladium One Mining Inc. ...
About this update from Gt Resources Inc
[{"type":"text","content":"Palladium One Intersects 87.2m @ 1.43 g/t Palladium Equivalent (\"Pd_Eq\") at the Murtolampi Zone of the Open Pit Läntinen Koillismaa PGE-Cu-Ni Project, FinlandVancouver, British Columbia--(Newsfile Corp. - August 25, 2020) - Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTC Pink: NKORF) (the \"Company\" or \"Palladium One\") is pleased to report the first diamond drill hole results to test the Murtolampi zone, located 2.5 kilometers (\"km\") north of the Kaukua Deposit, at the open pit Läntinen Koillismaa (\"LK\") PGE-Cu-Ni Project (Figure 1). Starting at 5.8 meters downhole, Hole LK20-012 intersected 87.2m @ 1.43 g/t Pd_Eq* including 20.2 @ 2.26g/t Pd_Eq (Figure 2). Surface sampling by the Company, previously returned 4.9 g/t Pd_Eq (1.86 g/t Pd, 1.12 g/t Pt, 0.14 g/t Au, 0.78% Cu, & 0.13% Ni), see news release August 12th, 2019.President and CEO Derrick Weyrauch commented, \"Murtolampi is a short distance north of the Kaukua Open Pit Deposit. We have now shown that both Murtolampi and Kaukua South have the potential to significantly add to the existing NI 43-101 open pit resource at Kaukua. Similar to Kaukua South, Murtolampi is associated with a strong Induced Polarization (\"IP\") chargeability anomaly that is not fully tested. IP has proven to be an invaluable tool for outlining palladium-rich sulphide mineralization on the LK project, as evidenced by the success of Hole LK20-006 at Kaukua South. The current drill program will continue to test both the Murtolampi and the Kaukua South IP chargeability anomalies discovered earlier this year. We look forward to sharing further drill results with our shareholders in the near term.\" Highlights:87.2m @ 1.43 g/t Pd_Eq, from 5.8m down hole in hole LK20-012, collared on the same drill pad as LK20-011.Total platinum-group elements (\"PGE\"), (Pd + Pt + Au), 0.53 g/tIncluding 20.2m @ 2.26 g/t Pd_Eq Total PGE 1.05 g/t, 35.8m @ 1.66 g/t Pd_Eq, from 7.2m down hole in LK20-011, which was abandoned at 43m due to hole deviation. Total PGE 0.63 g/tIncluding 10.0m @ 2.94 g/t Pd_Eq, from 33.0 m to end of hole.Total PGE 1.41 g/tHole LK20-012 intersected a zone more than twice as thick as historical drilling at Murtolampi, by the Geologic Survey of Finland (\"GTK\") in the 1990's, demonstrating the potential for significantly more tonnage than previously thought.The Murtolamp...