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Canadian Palladium’s Valhalla Zone Continues to Yield Consistent Palladium Results at East Bull

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Canadian Palladium’s Valhalla Zone Continues to Yield Consistent Palladium Results at East Bull

 

 

 

 

 

Canadian Palladium Resources Inc. (CSE: BULL) (OTCQB: DCNNF) (FSE: DCR1) (formerly 21C Metals Inc.) is pleased to announce the analytical sample complete results for diamond drill holes EB-20-01 to EB-20-10 (EB-20-11 paused) on it’s East Bull Palladium Property, 90 kilometres west of Sudbury, Ontario. The Company has completed 10 diamond drill holes (1841 metres) prior to shutting down with the COVID-19 pandemic. Further, the MT survey previously announced has been completed and is being interpreted.

 

The diamond drilling to date has focused on the east end of the Valhalla Zone testing the Palladium zone to determine if there are structural controls and continuity downdip and along strike within the inferred resource (see press release dated July 3, 2019).

 

Significant Diamond Drill Intercepts

 

 

Hole From Metres To Metres Length Metres Palladium
Grams/Ton
 
EB-20-01 28.0 38.0 10.0 2.50 1.12
includes 28.0 35.0 7.0 3.32 1.51
EB-20-02 37.0 42.0 5.0 1.14 0.39
EB-20-03 27.0 38.0 11.0 1.61 0.69
includes 27.0 31.0 4.0 3.63 1.31
EB-20-06 70.0 74.0 4.0 0.78 0.22
EB-20-07 109.0 118.0 9.0 2.14 0.82
includes 109.0 115.0 6.0 2.82 1.06
  124.00 134.00 10.00 0.55 0.22
EB-20_08 66.00 71.00 5.00 0.62 0.30
EB-20-09 58.00 62.99 4.00 0.92 0.90

 

 

Highlighted results are recent
Individual Intercepts of EB-20-01 to EB-20-10
Note: 1000 ppb equals 1 gram/ton

 

 

Hole From Metres To Metres Length Metres PD ppb PT ppb AU ppb Comments
EB-20-01 28.00 38.00 10.0 2500      
  28.00 29.00 1.00 2830 1810 75 First sample, need to add samples above
  29.00 30.00 1.00 5040 2650 230  
  30.00 31.00 1.00 5530 2670 454  
  Duplicate of 587753 5760 2620 466  
  31.00 32.00 1.00 2620 1010 170  
  32.00 33.00 1.00 3840 1370 173  
  33.00 34.00 1.00 2010 671 120  
  34.00 35.00 1.00 1260 421 135  
  35.00 36.00 1.00 968 272 51  
  36.00 37.00 1.00 198 83 12  
  Standard CDN-PGMS-19 465 115 214  
  37.00 38.00 1.00 639 296 36  
EB-20-02 37.0 42.0 5.0 1136      
  37.00 38.00 1.0 1230 470 49 First sample, need to add samples above
  38.00 39.00 1.0 1410 435 60  
  39.00 40.00 1.0 785 261 61  
  40.00 41.00 1.0 1940 670 62  
  Standard CDN-PGMS-19 504 118 219  
  41.00 42.00 1.0 317 88 25  
EB-20-03 27.00 38.0 11.0 1613      
includes 27.00 31.0 4.0 3627      
  27.00 28.00 1.00 941 447 21 First sample, need to add samples above
  28.00 29.00 1.00 4310 2560 177  
  29.00 30.00 1.00 2880 1360 225  
  30.00 31.00 1.00 2020 833 56  
  Duplicate of 587689 2230 912 49  
  31.00 32.00 1.00 813 289 51  
  32.00 33.00 1.00 1330 496 60  
  33.00 34.00 1.00 821 262 48  
  34.00 35.00 1.00 1020 312 83  
  35.00 36.00 1.00 1270 378 73  
  36.00 37.00 1.00 778 211 112  
  37.00 38.00 1.00 1460 447 109  
EB-20-04 No significant Values       Additional samples required
EB-20-05 No significant Values       Additional samples required
EB-20-06 70.00 74.00 4.00 784      
  70.00 71.00 1.00 535 123 17 Additional samples required
  71.00 72.00 1.00 1390 395 71  
  72.00 73.00 1.00 356 90 20  
  73.00 74.00 1.00 853 270 55  
EB-20-07 58.00 59.00 1.00 4010 2130 24  
  70.00 71.00 1.00 1250 493 79  
  109.00 118.00 9.00 2141      
includes 109.00 115.00 6.00 2823      
  109.00 110.00 1.00 2310 428 91  
    Standard   488 105 202  
  110.00 111.00 1.00 1450 682 284  
  111.00 112.00 1.00 509 453 15  
  112.00 113.00 1.00 8190 3010 264  
  113.00 114.00 1.00 731 361 289  
  114.00 115.00 1.00 3750 1430 140  
  115.00 116.00 1.00 785 438 49  
  116.00 117.00 1.00 811 332 55  
  117.00 118.00 1.00 735 271 88  
  NEW REPORTING OF RESULTS BELOW  
  124.00 134.00 10.00 545 218 53  
  124.00 125.00 1.00 703 228 25  
  125.00 126.00 1.00 365 159 37  
  126.00 127.00 1.00 933 445 105  
  127.00 128.00 1.00 1290 580 140  
    Blank   6 < 5 < 2  
  128.00 129.00 1.00 476 229 78  
  129.00 130.00 1.00 107 51 17  
  130.00 131.00 1.00 450 160 32  
  131.00 132.00 1.00 219 71 15  
  132.00 133.00 1.00 626 193 52  
  133.00 134.00 1.00 190 65 32  
EB-20_08 66.00 71.00 5.00 624 299 59  
  66.00 67.00 1.00 635 246 72  
  67.00 68.00 1.00 291 122 64  
  68.00 69.00 1.00 1560 843 66  
  69.00 70.00 1.00 149 40 46  
  70.00 71.00 1.00 483 246 48  
EB-20-09 58.00 62.99 4.00 922 899 52  
  58.00 59.00 1.00 407 150 25  
  59.00 60.00 1.00 173 108 19  
  60.00 61.00 1.00 2900 1580 123  
  61.00 62.00 1.00 196 111 36  
  Duplicate of above 42 124 223  
EB-20-10 No significant assays       Additional samples required
EB-20-11 Paused at 80 metres       Not to Target Yet

 

 

Individual demarked samples were sawn in half, bagged, sealed and transported by courier to Activation Laboratories (ISO/IEC 17025 Certified) in Ancaster Ontario. Duplicates and standards were introduced to the sample stream as illustrated. Each sample was analysed using the Activation Laboratories codes RX1, 1C-OES 50 g (Au, Pt, Pd); 1F2 Total Digestion ICP.
Intercept widths are core width.

 

Diamond Drill Hole Statistics

 

 

HOLE-ID UTM_E UTM_N Elevation LENGTH AZIMUTH DIP COMMENT
EB-20-01 405253 5141487 356 101 180 -45  
EB-20-02 405253 5141487 356 200 180 -70  
EB-20-03 405210 5141482 355 149 180 -45  
EB-20-04 405303 5141559 364.28 200 180 -70  
EB-20-05 405414 5141711 374 269 180 -50  
EB-20-06 405265 5141538 360 170 180 -50  
EB-20-07 405369 5141562 382 170 180 -45  
EB-20-08 405369 5141562 382 179 180 -70  
EB-20-09 405497 5141589 379 200 180 -70  
EB-20-10 405608 5141577 381.09 203 180 -70  
EB-20-11 405740 5141640 360 200 180 -70 In progress

 

NAD 1983

 

Canadian Palladium has sent the significant Palladium zones for rhodium for analyse.

 

The Company expects to recommence the diamond drill program within two weeks, provided there are no changes in the COVID-19 pandemic effects in the Sudbury area.

 

Mr. Garry Clark, P. Geo., of Clark Exploration Consulting, is the “Qualified Person” as defined in NI 43-101, who has reviewed and approved the technical content in this press release.

 

Wayne Tisdale commented, “The results from the drilling to date have continued to be what was expected and we are learning more about the Palladium mineralization. Our geological team await the MT modelling they believe will help in the definition of further targets. We are excited about getting the program fully started again in the next few weeks.”

 

Posted May 13, 2020

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