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Near surface intercept from Murtolampi

Palladium One reported new assay results from the Murtolampi prospect, located approx. 2 km north of the Kaukua Open Pit Mineral Resource Estimate. Drill hole LK21-137 intersected 2.1 g/t Pd_Eq over 24.2m, including a higher grade interval of 2.7g/t Pd_Eq over 5.7m. Due to the near-surface location of the intercept, Murtolampi is seen as a “potentially valuable satellite open pit” by the company.

The company also outlined plans for regional exploration in 2022, including a drone-based magnetic and IP survey over the eastern parts of the Haukiaho Trend, where previous drilling by GTK identified Ni and Pd mineralization.

 

Palladium One tenements and geology (Source: www.palladiumoneinc.com)