Vancouver, British Columbia–(Newsfile Corp. – June 7, 2021) – Canadian Palladium Assets Inc. (CSE: BULL) (OTCQB: DCNNF) (FSE: DCR1) (the “Firm”) is happy to supply an replace on diamond drilling on the west finish of the East Bull Deposit. The drilling on this space will deepen gap EB-21-52, discovered to comprise 2.38 g/t PdEq over 6 metres on the backside of the outlet and stopped in mineralization (see Could 5, 2021 press launch). The extension of this gap is important because the mineralization on the base of the outlet is a brand new zone hosted in an interpreted feeder dyke situated 50 m under the principle zone of contact-style mineralization.
Along with testing the feeder dyke, the following part of drilling is designed to increase and broaden the western extent of the mineralized zone. The holes can be a collection of roughly 100 metre step outs from EB-21-55 (2.222 g/t PdEq over 22 metres) and EB-21-54 (0.989 g/t PdEq over 5 metres) (Could 12, 2021 Press Launch).
Wayne Tisdale, Canadian Palladium’s CEO, commented, “This program will broaden our data of the feeder dyke and broaden the principle mineralization additional west. The feeder dyke has the potential to host high-grade mineralization and represents a brand new goal that would add vital worth at East Bull.”
The drilling up to now has now outlined a 3.0 km strike size of near-surface disseminated sulphide mineralization internet hosting palladium, platinum, rhodium, gold, and base metals situated 90 kilometres west of Sudbury, Ontario. The present part of diamond drilling is scheduled to be accomplished in 28 days. It’s anticipated that 6 holes totalling one other 2,000 metres can be accomplished on this space and if profitable is anticipated that mineralization might probably be expanded for one more 200 – 300 metres west and 200 metres down dip from current drill intersections..
Mr. Garry Clark, P. Geo., of Clark Exploration Consulting, is the “Certified Particular person” as outlined in NI 43-101, who has reviewed and accredited the technical content material on this press launch.
Canadian Palladium Assets Inc.
Wayne Tisdale, President and CEO
T: (604) 639-4452
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