Canadian Palladium Resources Inc. is pleased to announce that Vital Drilling of Val Caron, Ontario has started the diamond drilling program on the East Bull Palladium Property. Drilling has commenced with one rig and a second will be added once the logistics are settled and drill sites have had snow removed. The first drill is starting in the western end of the Valhalla zone and will progress eastward infilling gaps and [...]
Canadian Palladium Resources Inc. has signed a contract with Vital Drilling of Val Caron, Ontario for a 10,000 metre diamond drilling program on the Company's East Bull Palladium Property. With the recent closing of a $4 million non-brokered financing, the planned exploration program is fully funded. The primary objective of the program is to expand the Company's current NI 43-101 inferred resource of 523,000 ounces of [...]
Canadian Palladium Resources Inc. has closed the non-brokered private placement previously announced on January 20, 2020. The private placement raised gross proceeds of $4,000,403 through the issuance of 33,336,698 units at a price of $0.12 per share. Each Unit consists of one common share and one common share purchase warrant exercisable at a price of $0.18 for a period of 12 months from the date of grant. Mr. Eric [...]
Canadian Palladium Resources Inc. announces that, further to its press release dated January 24, 2020, the Company is providing further disclosure of current material agreements at the request of IIROC. Market One Media Group Inc. was engaged in a one-year agreement expiring April 23, 2020 to provide marketing services including social media campaigns, online articles and banner ads, and broadcast interviews on Market One [...]
Canadian Palladium Resources Inc. , has been asked by the OTC Markets Group Inc. to comment on recent marketing activity pertaining to trading of the Company's common shares on the OTCQB market. On January 9, 2020, the Company engaged GRA Enterprises LLC to distribute promotional material over GRA's National Inflation Association media distribution channels. These promotional materials were to focus on the palladium [...]
Canadian Palladium Resources Inc. has increased its proposed non-brokered private placement by $500,000. The Company now intends to raise gross proceeds of up to $4 million through the issuance of 33,333,334 units at a price of $0.12 per Unit. Each Unit shall consist of one common share and one common share purchase warrant exercisable at a price of $0.18 for a period of 12 months from the date of grant. The Company [...]
Canadian Palladium Resources Inc. has arranged for a non-brokered placement of units at a price of $0.12 per unit for gross proceeds of up to $3.5 million. Each Unit shall consist of one common share and one common share purchase warrant exercisable at a price of $0.18 for a period of 12 months from the date of grant. The Company intends to use the proceeds of the financing to advance its East Bull palladium project and [...]
21C Metals Inc. announces that it has changed its name to Canadian Palladium Resources Inc. to reflect the Company's concentration on its flagship East Bull Palladium project in Ontario. Wayne Tisdale, CEO of the Company, commented, "With Palladium reaching new highs of over $2,100/oz, we look forward to drilling the East Bull Palladium project to further expand the 43-101 compliant 523,000 oz palladium equivalent [...]
21C Metals Inc. wishes to provide an update on its drilling program which was previously announced in a press release dated October 15, 2019. The Company has discussed timing with its contractor Vital Drilling, the Company's Qualified Person and its technical advisor Richard Sutcliffe, and has determined that, rather than commencing the program immediately, it is preferable to wait for colder weather before deploying [...]
21C Metals Inc. is pleased to announce the formation of an Information Alliance with Grid Metals Corp. . The alliance will allow the sharing of exploration methods and results and potential partnering in larger scale geophysical programs to optimize the expenditure of exploration dollars on the East Bull Platinum Group Metal Intrusive. The Information Alliance of 21C and Grid Metals will promote dialogue between the [...]
Looking to expand on near surface 523,000 oz resource 21C Metals Inc. is pleased to announce the awarding of a diamond drill contract to Vital Drilling of Val Caron, Ontario. The diamond drill program comprised of 10 to 15 holes will commence within the next week. Following on from a successful summer sampling program the diamond drill program will focus on expanding the Pit Constrained Inferred Mineral Resource Estimate [...]
21C Metals Inc. is pleased to announce the following highlights from the first sampling program on the East Bull Palladium Project and field program on the Agnew Lake Project: The East Bull Property hosts an inferred resource of 11.1 million tons @ 1.46 g/t Palladium Equivalent for a total estimate of 523,000 ounces of PdEq . East Bull Property: The grab sampling and mapping of the East Bay Palladium mineralization has [...]