Palladium One Mining Inc. reported that the Kaukua South Zone anomaly extends over more than a four (4) km strike length and into a large overburdened area that has never been drill tested. Final results from the first Induced Polarization (IP) survey grid, Kaukua East and the Infill grid have outlined this large chargeability anomaly, representing the eastern extension of the palladium dominant Kaukua South Zone. The Kaukua South anomaly extends to the eastern edge of Kaukua East IP survey grid, and the edge of the Exploration Permit bound ary. As a result, the Company has applied for a 9,100-hectare Reservation (Kaukuanjarvi), covering the potential extension of the Kaukua South zone. A review of regional airborne geophysics indicates an east-west magnetic trend beyond the currently mapped extent of the Kaukua area mafic-ultramafic rocks, could be an extension of the Kaukua South mineralization. Reservations are granted for 1-2 years and have no holding costs. In 2008, the lack of chargeability anomalies on the four eastern most lines of the 2008 IP survey suggested mineralization was cut-off to the east and therefore re-directed drilling by prior operators away from the area. However, several holes on the western side off the 2008 IP survey have highly anomalous Cu-Ni-PGE mineralization (e.g. hole KAU08-036, 29.3m 0.43g/t PGE (0.26g/t Pd, 0.04g/t Pt, 0.13g/t Au), 0.26% Cu, and 0.13% Ni) from 56.7 to 86m, these holes were never followed up further to the east. The Kaukua South Zone anomaly has now been traced for over four kilometers, the eastern three quarters(¾) of which, are in an area of heavy overburden and have never been drill tested.