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Piedmont Office Realty Trust Inc V.PDM


Primary Symbol: PDM

Piedmont Office Realty Trust, Inc. is a fully integrated, self-managed real estate investment trust (REIT). The Company is an owner, manager, developer, redeveloper, and operator of Class A office properties located primarily in major United States Sunbelt markets. The Company conducts business through its wholly owned subsidiary, Piedmont Operating Partnership, L.P. (Piedmont OP). It owns and operates about 51 in-service office properties comprised of approximately 17 million square feet of primarily Class A office space which are 87.1% leased. It has one redevelopment asset comprising about 127,000 square feet in Orlando, Florida. The Company’s portfolio of properties is primarily located in various metropolitan areas, including Atlanta, Dallas, Northern Virginia/Washington, D.C., Boston, Orlando, Minneapolis, and New York, and others.


NYSE:PDM - Post by User

Post by flashcashon Dec 09, 2020 7:24am
141 Views
Post# 32065465

News

News

 

ORIGINAL: Palladium One Discovery Indicates Significant Mineralization Potential at the Disraeli PGE Project

 

2020-12-09 06:46 ET - News Release

 

Toronto, Ontario--(Newsfile Corp. - December 9, 2020) -  A new high-resolution drone magnetic survey discovery has outlined a significant magnetic signature, a key indicator of mineralization in the Mid-Continental Rift ("MCR"), where the Disraeli PGE Project is located, in Ontario, Canada said Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTC Pink: NKORF) (the "Company" or "Palladium One") today. The magnetic survey ("Mag") outlined a large, reversely polarized, magnetic body coincident with AeroTEM electromagnetic ("EM") anomalies.

"Reversely polarized magnetic bodies are very important indicators of mineralization within the Mid-Continental Rift as demonstrated by nearby palladium-platinum-nickel-copper mineral deposits and mines, which are in part, reversely polarized. The target is high-grade PGE-rich nickel-copper mineralization located within magma conduits similar to Clean Air Metals Inc.'s Thunder Bay North ("TBN") and Escape Lake deposits." said Derrick Weyrauch, President and CEO.

"Disraeli's Hook Bay zone is clearly a more primitive portion of the greater Disraeli intrusion. The presence of airborne EM conductors coincident with a reversely polarized magnetic body, something that does not occur at TBN, suggests the potential for semi or even massive sulphides. Rare massive sulphide intercepts at TBN have returned impressive grades such 98 g/t PGE (52.8 g/t Pd, 41.5 g/t Pd, 3.9 g/t Au), 3.3% Ni, and 11.6% Cu over 2.6 meters in hole BL10-197 (see Magma Metals Limited News Release February 15, 2010). These grades reflect the very high metal tenor of the sulphides, which is the hallmark of the PGE-rich mineralization in the Nipigon Plate portion of the Mid-Continent Rift." commented Weyrauch.

An exploration drill permit has been received and the Company plans to drill Disraeli in February 2021, pending winter ice conditions.

Disraeli is located 40 kilometers north of Clean Air Metals Inc's TBN project and only 50 kilometers east from Impala Platinum Holdings Ltd's ("Implats") Lac Des Iles palladium Mine (Figure 1 and 2).

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/6502/69819_d150b178847d8bc5_001.jpg


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