VANCOUVER, British Columbia–(Newsfile Corp. – February 17, 2023)- Canadian Palladium Resources, Inc. (CSE: BULL) (OTCQB: DCNNF) (FSE: DCR1) (company”), through its wholly-owned subsidiary, Golden Pet SRO, is pleased to announce that it has received the first grant payment from the EU-funded €7.5 million Exploration Information System (EIS) project (the “Project”).This grant is for Canadian palladium Tissova/Klingenthal Project located on the border of the Czech Republic and Germany.

The Exploration Information Systems (EIS) project creates new geological models and new spatial analysis tools that are fast and cost-effective for mineral exploration. The project also aims to raise public awareness of the importance of raw materials to society and build confidence in the exploration and production of these geological raw materials.

Professor Vesa Nykanen (Geological Survey of Finland GTK), scientific coordinator of the project, explains: ), lithium-tin-tantalum and tungsten minerals in the granite-pegmatite system, and REE and cobalt minerals in the iron oxide-copper-gold (IOCG) system,” explains Nykänen. Located in the Republic and Germany (Tisova/Klingenthal)Spain, Finland, Sweden, France, Brazil, South Africa.

EIS is a project coordinated by GTK and funded by the European Union’s Horizon Europe program. The Horizon Europe project will contribute to the green transition and digitization, achieving the agreed goal of making Europe a climate-neutral continent by 2050. The EIS consortium includes 17 partners from six her EU member states in South Africa and one associate his partner from Brazil. The total budget for the three-year project is EUR 7.5 million.

Jamie Newall, Director of Palladium Canada, who has been committed to the project, commented: Having individuals and organizations delve into his Tisova/Klingenthal project and help develop exploration programs based on in-depth analysis of the data, all he is funded by the EU is unparalleled. . ”

EIS Consortium:

• Geologist tutkimuskeskus GTK (Finland) – Project Leader

Golden Pet SRO (Czech Republic) – Wholly owned subsidiary of Canadian Palladium

• Beak Consultants GmbH (Germany)
• Bureau de Recherches Géologiques et Minières (France)
• Lulea tekniska universitet (Sweden)
• Agencia Estatal Consejo Superior de Investigaciones Científicas (Spain)
• Sveriges geologiska undersökning SGU (Sweden)
• Keliber Technology Oy (Finland)
• LGI Sustainable Innovation (France)
• Gispo Oy (Finland)
• Free State University (South Africa)
• Trun Iliopisto (Finland)
• Univerzita Karlova (Czech Republic)
• Deutsche Lithium GmbH (Germany)
• Cobre Las Cruces (Spain)
• Talga Battery Metals AB (Sweden)
• University of Campinas (Brazil)

Additional Information

It is funded by the European Union. However, the views and opinions expressed are those of the authors only and do not necessarily reflect those of the European Union or the European Health Digital Authority (HADEA). Neither the European Union nor the Granting Authority can be held responsible for them.

Canadian Palladium Resources, Inc.
Wayne Tisdale, President and CEO
Phone: (604) 639-4452

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