Taking Diamond Drill To New Depths In Ontario
Canadian Palladium Resources Inc. (CSE: BULL) (OTCQB: DCNNF) is preparing to go deeper in hole EB-21-52 at the west end of the East Bull Deposit in Ontario, Canada.
Hole EB-21-52 was found to contain 2.38 g/t PdEq over six metres at the bottom of the hole and stopped in mineralisation in early May.
CEO, Wayne Tisdale, said the decision to extend this hole is significant as the mineralisation at the base of the hole is a new zone hosted in an interpreted feeder dyke located 50m below the main zone of contact-style mineralisation.
In addition to testing the feeder dyke, the next phase of drilling is designed to extend and expand the western extent of the mineralised zone.
The holes will be a series of approximately 100m step outs from EB-21-55 (2.222 g/t PdEq over 22m) and EB-21-54 (0.989 g/t PdEq over 5.0m).
“This programme will expand our knowledge of the feeder dyke and expand the main mineralisation further west,” Mr Tisdale said.
“The feeder dyke has the potential to host high-grade mineralisation and represents a new target that could add significant value at East Bull.”
Drilling to date has now defined a 3.0 km strike length of near-surface disseminated sulphide mineralisation hosting palladium, platinum, rhodium, gold, and base metals located 90 kilometres west of Sudbury, Ontario.
“The current phase of diamond drilling is scheduled to be completed in 28 days. It is expected that six holes totalling another 2,000m will be completed in this area and if successful is anticipated that mineralisation could potentially be expanded for another 200 – 300m west and 200m down dip from existing drill intersections.
