Palladium One suspends exploration program
Palladium One Mining (TSXV:PDM)) announced today that it is suspending the current exploration program at the palladium dominant, Läntinen Koillismaa ("LK") PGE-nickel-copper project located in Finland.
The company said its exploration program will conclude having completed the full 75-line kilometers of Induced Polarization (IP) and 385-line kilometers of drone Magnetic geophysical surveys, and approximately 2,000-meters of the planned 5,000-meter diamond drilling program.
"The COVID-19 pandemic and it's repercussions are continuing to evolve. The duration of capital market volatility is unclear. Suspending our exploration program early allows the Company to maintain a robust liquidity position. We will continue to monitor the situation and plan to resume the exploration program when appropriate." commented Derrick Weyrauch, President and CEO.