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Palladium One Resumes Drilling at The Lantinen Koillismaa PGE-Cu-Ni Project in Finland
Vancouver, British Columbia--(Newsfile Corp. - July 14, 2020) - Palladium One Mining Inc. ( ...
About this update from Gt Resources Inc
[{"type":"text","content":"Palladium One Resumes Drilling at The Lantinen Koillismaa PGE-Cu-Ni Project in FinlandVancouver, British Columbia--(Newsfile Corp. - July 14, 2020) - Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTC Pink: NKORF) (the \"Company\" or \"Palladium One\") is pleased to report that it is preparing to resume its drill program, in August, at the Läntinen Koillismaa (\"LK\") PGE-Cu-Ni Project, located in north central Finland. Initial drilling will be focused on expanding known mineralization to the east of existing drill intercepts in the Kaukua South zone, which hosts a greater than four (4) kilometer long Induced Polarization chargeability anomaly. (Figure 1)In March 2020, the Phase 1 exploration program was suspended due to the COVID-19 pandemic (see news release - March 24, 2020). Initiated in January 2020, the Phase 1 program completed several tasks prior to being suspended, including:85 kilometers of high-resolution 3D Induced Polarization (IP) survey, covering 12 kilometers (5-survey grid areas) of the 38-kilometer favourable basal contact, 385 kilometers of high-resolution drone-based Magnetic (Mag) survey, covering 17 kilometers of the favourable basal contact,1,920 meters of a 5,000-meter planned diamond drilling program.At the LK project, IP has proven very reliable in identifying PGE-Ni-Cu mineralization. During the winter program, multiple new and significant IP chargeability anomalies were outlined - see below for highlights. The high-resolution magnetic survey, which was also undertaken earlier this year, proved invaluable for structural interpretation and in outlining prospective peridotitic rocks, which commonly host PGE-Cu-Ni mineralization. Integration and 3D modelling of this data has produced numerous high-quality drill targets for testing.President and CEO, Derrick Weyrauch commented \"To date our exploration program has been very successful. We identified an abundance of large, high-quality drill targets throughout the LK project. With the large number of excellent drill targets at hand, we are taking a very disciplined approach to drilling prioritization. A prime example is Kaukua South (Figure 1.), when we began the winter program this was an interesting but poorly understood zone. As multiple IP results demonstrated, we learned that Kaukua South extends for over 4 kilometers of strike length, of whic...