For now the best drill results for Palladium One

Palladium One Mining Inc. \[PDM-TSXV; NKORF-OTC; 7n1-FSE\] reported drilling results from its wholly owned LK project in north central Finland. Hole LK20-016 represents the best combination of grade and breadth of any results to date on the LK project. Hole LK20-016 is located 1,350 meters east of the westernmost hole in Kaukua South, starting at only 23.5 meters, and returned 62.7 meters grading 3.52 g / t palladium equivalent (PdEq), including 18.5 meters 4.58 g / t PdEq. In hole LK20-016, the 18.5 meter core intersection of 4.58 g / t PdEq begins near surface at a depth of 47.5 meters. Hole LK20-019 started in mineralization and reached 35.0 meters at 2.76 g / t PdEq and also started near surface at 17.3 meters of overburden.

Holes LK20-016 and LK20-019 are located 750 meters east of hole LK20-006 which returned 166.7 meters grading 1.16 g / t PdEq, including 63.4 meters grading 1.88 g / t PdEq. Holes LK20-016 and LK20-019 are located 1,350 meters east of hole KAU-08-035, which returned a core zone of 33.0 meters grading 1.90 g / t PdEq. The continuity between holes LK20-006 and LK20-016 has the potential to add ounces rapidly, offering the opportunity to significantly increase the existing NI 43-101 Kaukua open pit resource. All holes drilled in the Kaukua southern extension returned platinum-group-element-nickel-copper (PGE-Ni-Cu) mineralization and are open along strike and at depth. "Of the 11 discovery holes drilled at Kaukua South, LK20-016 is the highest grade hole to date.

The robust intercepts reinforce our belief that there are many more ounces on our LK project than originally anticipated. We look forward to it to receive assay results for the remaining three exploration holes drilled at Murtolampi, just 2 km north of Kaukua, "said Derrick Weyrauch, President and CEO. Palladium One has confirmed PGE-Ni-Cu mineralization over a 4 km strike length in the Kaukua South Zone that remains open laterally to extension to the east, west and at depth. Based on the positive results from the Phase 1 drilling, a Phase 2 program is being considered.