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Palladium One IP Anomaly Increased over 75%, to More than 7 km at Kaukua South, Finland
Highlights Kaukua South IP anomaly expanded to over 7 kilometers in length, from ~4 kilome...
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[{"type":"text","content":"Palladium One IP Anomaly Increased over 75%, to More than 7 km at Kaukua South, FinlandHighlightsKaukua South IP anomaly expanded to over 7 kilometers in length, from ~4 kilometers.IP has proven to be a reliable tool for targeting high-grade mineralization.A new and, the largest and strongest anomaly in the Kaukua area has been discovered immediately west of the NI43-101 Kaukua pit-constrained Resource.Additionally, a new large IP anomaly has been discovered on the far east side of Kaukua South. This may represent a new high-grade core zone of mineralization.The Kaukua South IP anomaly has been extended northwest and to the south of the Kaukua pit-constrained Resource, thereby potentially allowing for a significant expansion of the envisioned Kaukua open-pit.First release of a detailed Kaukua South long section.Toronto, Ontario--(Newsfile Corp. - July 7, 2021) - Two additional Induced Polarization (\"IP') surveys were carried out in the Greater Kaukua Area to expand the known 4-kilometer long Kaukua South IP anomaly on both it's eastern and western ends (see news release March 11, 2021). The results of the new surveys confirm an over 75% increase in the Kaukua South IP chargeability anomaly, which is now greater than 7 kilometers in strike length, said Palladium One Mining Inc. (TSXV: PDM) (FRA: 7N11) (OTCQB: NKORF) (\"Palladium One\" or the \"Company\") today. Drilling to date has confirmed extensive mineralization over the initial 4-kilometer Kaukua South anomaly, the 3-kilometer expansion suggests a much large resource endowment is possible (see Long Section - Figure 3)Derrick Weyrauch, President and CEO of Palladium One, said, \"These new IP survey results highlight how robust the mineralized system is in the greater Kaukua area. In 2019, the Kaukua zone was only 1.2 kilometers long, we have now outlined a zone of over 7 kilometers in length, drilled and proven mineralization over 4 kilometers of strike length and are nearing completion of infill drilling in advance of a maiden NI43-101 resource for a 2-kilometer portion of the Kaukua South zone.\" IP has proven to be a reliable technique for discovering and outlining shallow higher grade PGE-Ni-Cu mineralization at Kaukua and elsewhere on the LK project. The NI43-101 Kaukua pit constrained Resource and the Kaukua South zone were both discovered as a result of test...