Business
Palladium One Mining Provides Corporate Update
VANCOUVER, British Columbia, June 10, 2019 (GLOBE NEWSWIRE) -- Palladium One Mining Inc. (TSX-V: PDM) (the "Company" or “Palladium One”) today announces initial
About this update from Gt Resources Inc
[{"type":"text","content":" VANCOUVER, British Columbia, June 10, 2019 (GLOBE NEWSWIRE) -- Palladium One Mining Inc. (TSX-V: PDM) (the \"Company\" or “Palladium One”) today announces initial progress made at its Palladium dominant, Lantinen Koillismaa (“LK”) PGE-Cu-Ni Project in north-central Finland and its Tyko Nickel Project in Ontario, Canada. Lantinen Koillismaa (“LK”) PGE-Cu-Ni Project At the LK Project, the Company has initiated and substantially completed the compilation and review of historic exploration information from prior operators and the Geological Survey of Finland. This large database includes but is not limited to geophysics (IP, Airborne Mag & EM), sampling, mapping, diamond drilling, metallurgical and petrology studies, and some 3D modelling. The data, including historical diamond drilling on the LK Project, is being modeled in 3D software. The results of the compiled data will be used to help provide a sound geological base from which to define future drilling targets. In addition, the Company has retained Mining Plus UK Ltd. to prepare an independent National Instrument 43-101 compliant mineral resource estimate for the Kaukua deposit of the LK Project. As part of the mineral resource estimation, a data verification program has been initiated wherein over 100, quarter-split core samples have been collected from historical diamond drill core and have been sent to ALS Global in Finland for re-assaying and ultimately reconciliation with the existing drill hole assay database. The LK Project land package consists of a total of 3,842 hectares and comprises nine exploration permit applications covering over 25 km of the prospective basal unit in the Koillismaa layered mafic-ultramafic complex. The Finish Ministry of Mining has begun its process to review all exploration permit applications and is expected to make final decisions with regard to requested approvals in Q3 2019. The Koillismaa Complex is part of a suite of Paleoproterozoic continental rift-related intrusions which are highly prospective for PGE-Cu-Ni deposits such as the nearby Suhanko Arctic Platinum deposit located 90 km northwest of the LK Project. Suhanko Arctic Platinum reported that it hosts a SAMREC Code Compliant Measured and Indicated resources of 5.4 million ounces of palladium grading 1.44 g/t Pd and 1.3 million ounces of platinum grading &n...