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Palladium One Reports Infill Drill Results Between the Kaukua Open Pit Resource and Kaukua South, Finland
Highlights A third fault block, herein referred to as the Gap Zone, has been identified ...
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[{"type":"text","content":"Palladium One Reports Infill Drill Results Between the Kaukua Open Pit Resource and Kaukua South, FinlandHighlights A third fault block, herein referred to as the Gap Zone, has been identified with additional drill testing between the current Kaukua Open Pit Resource and the Kaukua South Zone.This Gap Zone is an important area for future resource definition, as it could connect Kaukua and Kaukua South into one larger, more efficient, Open Pit mine. 2.2 g/t Palladium Equivalent (Pd_Eq) over 4.4 meters, within 1.3 g/t Pd_Eq over 21.7 meters, in hole LK21-109 in the Gap Zone.1.7 g/t Pd_Eq over 6.3 meters, within 1.3 g/t over 27.8 meters, in hole LK21-116 in the Gap Zone.1.8 g/t Pd_Eq over 17.0 meters, within 1.4 g/t over 53.1 meters in hole LK21-117 in Kaukua South.Toronto, Ontario--(Newsfile Corp. - January 20, 2022) - Infill drilling in the Gap Zone has resulted in a better understanding and a new geological model for the area. Gap Zone drill results include 2.2 g/t Pd_Eq over 4.4 meters, within 1.3 g/t Pd_Eq over 21.6 meters, in hole LK21-209 starting at 138 meters down hole (Figure 1), said Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (\"Palladium One\" or the \"Company\"). Derrick Weyrauch, President and CEO, commented: \"We have made significant progress infilling the area between the Kaukua Open Pit Resource and Kaukua South. Though Gap Zone mineralization is thinner, it could play a significant role in joining Kaukua and Kaukua South into one larger and more efficient Open Pit mine.\"The Greater Kaukau area is now subdivided into three blocks separated by northeast trending faults (Figure 1, 2 and 3), Kaukua Open Pit, Gap Zone, and Kaukua South. These blocks, though closely related geologically, differ in their orientation, and thickness of mineralization. Kaukua Open Pit and Kaukua South both dip to the south and possess core zones with thickness in excess of 100 meters, whereas the Gap Zone, which dips west, demonstrates mineralization thicknesses in the 10-20 meter range. All three fault blocks contain Upper Zone mineralization while the width separating the Upper and Lower Zones varies in each fault block.Figure 1. Historic and current drilling in the Kaukua area having a drill data cut-off date of September 30, 2021 (hole LK21-137), assays have been received for holes up to LK21-120, the remainder a...