In preparation for a major resource update, Palladium One reported new assay results from drilling at Kaukua South. Drilling “extended mineralization 250 meters southwest of the open pit constrained MRE of the Kaukua deposit”, returning e.g. 3.2g/t PdEq over 13.7m, within a larger interval of 1.6g/t PdEq over 113.6m. Previously, a northwest-trending fault zone, causing a distinct magnetic low, was interpreted to cut off Kaukua the deposit, while the latest data now infers that the deposit remains open to the south and the low mag feature appears to be caused by a late, cross-cutting dyke.
Down dip extension of the Kaukua deposit (Source: www.palladiumoneinc.com)
