Canadian Palladium ( formerly 21C Metals ) ( TSXV:BULL) today announced their first drill hole from their drill program at their portion of the East Bull Lake layered intrusion.
The hole announced today was palladium rich with the intersection broken down as:
- 3.32 g/t Palladium over 7.0 metres
- 2.50 g/t Palladium over 10 metres
- 3.77 g/t combined Palladium + Platinum + Gold over 10 metres
- Including 7.13 g/t combined Palladium + Platinum + Gold over 3 metres
A map showing the Valhalla Zone and Canadian Palladium (21C Metals ) land holdings in relation to that of Grid Metals Corp. is on page 11 of our corporate presentation.
The drill program of Canadian Palladium is intended to expand their resource. Grid Metals won’t be too far behind in exploration with a geophysical survey starting this month and drilling to follow.
We think the first drill hole announced by Canadian Palladium is very positive and shows the prospectivity of the East Bull Lake Intrusion.