NIA’s #1 favorite North American palladium pure play is Canadian Palladium (CSE: BULL) or DCNNF on the U.S. OTC as it has a market cap at $0.175 per share of CAD$23.2 million.
We consider BULL’s East Bull Palladium Project in Ontario, Canada to be among the highest quality primary palladium projects currently being actively explored in North America. On Wednesday, BULL announced that it intersected a new zone at the East Bull Palladium Project. BULL successfully extended the main Garden/Valhalla Zone palladium mineralization 250m along strike to the west and intersected a new zone of mineralized inclusion-bearing gabbro located 50m below the Garden Zone.
BULL's newly reported drill hole EB-21-51 intercepted 24m of 1.02 g/t palladium equivalent beginning 83m downhole while also intercepting 7m of 1.112 g/t palladium equivalent beginning 126m downhole.
BULL’s newly reported drill hole EB-21-53 intercepted 6m of 2.384 g/t palladium equivalent beginning 173m downhole.
BULL’s newly reported drill hole EB-21-52 intercepted 4m of 1.379 g/t palladium equivalent beginning 104m downhole while also intercepting 11m of 1.074 g/t palladium equivalent beginning 159m downhole. In addition, drill hole EB-21-52 intersected a new mineralized inclusion-bearing gabbro that assayed 1.41 g/t palladium equivalent over 7m from 223.0m to 230.0m, however, the hole terminated in mineralized gabbro! BULL plans to extend this hole to determine the full extent of the new zone that is interpreted as a feeder dyke!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from BULL of USD$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.