Palladium One Mining Inc.: Palladium One Drills Haukiaho Trend, Intercepts 72 Meters @ 1.8 g/t Palladium-Equivalent, Finland
Expanded mineralization 100m to east of the historic resource
72.2 meters grading 1.79 g/t Pd Eq in hole LK21-071 starting 56m down hole, including
17.0 meters grading 2.23 g/t Pd Eq
15.7 meters grading 2.26 g/t Pd Eq in hole LK21-069 including
3.6 meters grading 3.11 g/t Pd Eq
51.2 meters grading 1.07 g/t Pd Eq in hole LK21-073 including
9.1 meters grading 2.10 g/t Pd Eq
The historic Haukiaho resource is shallowly drilled, mostly above 200m in depth and therefore amendable to open pit mining
Haukiaho Historic Resource Estimate
Palladium One Drills Haukiaho Trend, Intercepts 72 Meters @ 1 8 g/t
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Toronto, Ontario–(Newsfile Corp. – May 7, 2021) – Eric Sprott announces that 1,300,000 common share purchase warrants (Warrants) of Palladium One Mining Inc. (held by 2176423 Ontario Ltd., a corporation he beneficially owns) were exercised, and when combined with intervening treasury issuances of common shares by Palladium One, represent a decrease in holdings of approximately 5.5% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the exercise of these Warrants, Mr. Sprott beneficially owned and controlled 36,300,000 common shares and 1,300,000 Warrants representing approximately 15.3% of the outstanding common shares on a non-diluted basis and approximately 15.8% on a partially diluted basis assuming the exercise of all such Warrants.