Canadian Palladium Resources Inc. (BULL.V)

10 for 1 rollback on Friday Ouch!!!

Wow, palladium hit $3400 today and BULL moving up, breaking RonS resistance level

Nice increase in ounces

2022-03-02 09:28 ET - News Release

Mr. Wayne Tisdale reports

CANADIAN PALLADIUM ANNOUNCES UPDATED MINERAL RESOURCE ESTIMATE FOR EAST BULL PALLADIUM DEPOSIT WITH INDICATED RESOURCES OF 492,100 OUNCES PALLADIUM EQUIVALENT AND INFERRED RESOURCES OF 519,600 OUNCES PALLADIUM EQUIVALENT

Canadian Palladium Resources Inc. has completed an independent National Instrument 43-101 updated mineral resource estimate on the company's East Bull palladium deposit, located 90 kilometres west of Sudbury, Ont.

The Updated Mineral Resource Estimate includes total Indicated Resources of 16.5 million tonnes at a grade of 0.93 g/t PdEq for 492,100 ozs PdEq AND total Inferred Resources of 16.3 million tonnes at a grade of 0.99 g/t PdEq for 519,600 ozs PdEq. These totals include Pit-Constrained Mineral Resources at a C$15/t net smelter return (NSR) cut-off and Out-of-Pit Mineral Resources at a C$50/t NSR cut-off. Estimated Mineral Resource classifications for the East Bull Palladium Deposit are shown in Table 1.

Wayne Tisdale, Canadian Palladium's CEO, commented, "We are extremely pleased to have reached this important size threshold for the East Bull Deposit. In comparison to the previous estimate, our new resource estimate total Indicated Palladium ounces are 1.3 times the previously estimated ounces that were all Inferred, PLUS the new additional Inferred Palladium ounces are 1.4 times the previously estimated Inferred ounces, resulting in an improvement in ounces by a factor of approximately 2.7. The predominant contribution of Palladium to the NSR value per tonne at East Bull makes this a valuable asset that has a favourable configuration for open-pit mining and benefits substantially from its location in the Sudbury mining camp. In addition, as shown by our recent drilling results, the project still has considerable exploration upside."

More good drill hits announced today

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3:03 AM (9 hours ago)

to me

Canadian Palladium Intersects Highest Grades to Date at East Bull Palladium Deposit with 18.76 g/t Palladium Equivalent over 1 Metre and 38 Metres Grading 2.19 g/t Palladium Equivalent

Vancouver, British Columbia--(Newsfile Corp. - February 17, 2022) - Canadian Palladium Resources Inc. (CSE: BULL) (OTCQB: DCNNF) (FSE: DCR1)(the "Company") is pleased to report that assays on recently completed drill holes on the Company's East Bull Palladium Deposit have returned some of the highest grades intersected to date on the Project. These results are demonstrating the importance of sulphide-mineralized feeder conduits as an exploration target for high-grade palladium mineralization at the East Bull Deposit, located 90 km west of Sudbury, Ontario.

Drill Results - Highlights from holes EB-21-73 to 80 include:

Hole EB-21-80 had a 1.0 m intersection grading 18.76 g/t PdEq in the newly recognized GAP Target, a potential feeder structure to the Valhalla Zone. This is the highest-grade interval assayed to date on the project;
Hole EB-21-78 had a 38 m intersection grading 2.19 g/t PdEq in the Garden Zone. This intersection includes 7 m grading 4.09 g/t PdEq and is located immediately west of the EOH Zone feeder structure;
Hole EB-21-77 intersected 39 m of 1.12 g/t PdEq including 6 m of 1.9 g/t PdEq in the EOH Zone and an additional 20 m of 1.17 g/t PdEq in the Garden Zone.

Wayne Tisdale, Canadian Palladium's CEO, commented, "The new GAP Target assay results demonstrate that high-grade semi-massive sulphides are associated with mineralized feeder conduits at East Bull. To date, our drilling program has mainly focussed on increasing the size of the disseminated mineral deposit, however, these latest holes are confirming an exciting new opportunity for defining high-grade mineralization in this large intrusive system."

The current results are part of a 20,000 m drill program and are mainly focussed on the west side of the Property. Significant intervals are reported in Table 1 and drill hole locations are shown in Figure 1. Holes EB-21-73 and -74 successfully targeted a western extension of disseminated contact-type mineralization in the Valhalla Zone. Hole EB-21-75 did not intersect significant mineralization, possibly due to a fault offset of the zone.

Holes EB-21-76 and -77 successfully targeted the EOH Zone and the overlying Garden Zone. Hole EB-21-77 intersected both zones for a total of 59 m of mineralization. Hole EB-21-78 was intended to test both the Garden Zone and underlying EOH Zone, however, the hole trajectory missed the EOH zone and intersected a wide high-grade interval of disseminated sulphide mineralization in the Garden Zone immediately west of the interpreted position of the EOH Zone. EB-21-79 was a successful Garden Zone in-fill hole to test for continuity of disseminated sulphide mineralization.

Hole EB-21-80 was drilled to test a possible feeder conduit underlying the Valhalla Zone in close proximity to high-grade results intersected in the Valhalla Zone early in the 2020 drilling program. Hole EB-21-80 intersected high-grade semi-massive sulphides and associated disseminated sulphide mineralization and confirms the importance of the conduit model at East Bull.

very nice volume today...

Good news, but stock off a bit

Mr. Wayne Tisdale reports

CANADIAN PALLADIUM EXTENDS EAST BULL PALLADIUM DEPOSIT WITH 13 METRES GRADING 1.85 G/T PALLADIUM EQUIVALENT AND ADVANCES METALLURGICAL TEST WORK

Canadian Palladium Resources Inc. has received new assay results for recently completed diamond drill holes on the company's East Bull palladium deposit, located 90 kilometres west of Sudbury, Ont. These holes extend the East Bull deposit on strike for approximately 250 metres to the east. Additionally, the company is pleased to announce that a metallurgical testwork program on the mineralization is in progress.

Drill results -- highlights from holes EB-21-63 and 64 include:

Hole EB-21-63 had a 7.0-metre intersection grading 2.13 grams per tonne palladium equivalent and an additional 6.0 m at 1.57 g/t PdEq in the Valhalla zone.

Hole EB-21-64 had a wide 13.0 m intersection grading 1.85 g/t PdEq in the Valhalla zone.

Wayne Tisdale, Canadian Palladium's chief executive officer, commented: "Our drilling program has continued to increase the size of the East Bull deposit. We have decided to include the palladium mineralization intersected by these successful holes along with additional holes on the west side of the property in our updated resource estimate. Consequently, the updated resource estimate will now be released in February, 2022."

Yes looking good, it should get to .12 or .13 pretty easy. I might trade some off there?

100% in 3 weeks, Not bad.

Palladium is on a nice run this month. We are do for some news, its been a while since the last release. September 24, 2021 to be correct.

If this gets to 3 cents. I will back up the truck.

Flynn, hope you bring some luck to this stock price. What a collapse in the price last year. Currently over 1 million shares on the offer at 5 cents so a lot of weak hands yet to clean up

I am BACK In.