Canadian Palladium Resources Inc. reported new assay results for drill holes EB-21-54 to EB-21-56 that further extend the East Bull Palladium Deposit along strike to the west. Holes EB-21-54 to EB-21-56 were all drilled in the Garden Zone at the west end of the Deposit. A highlight of the current batch of drill results is hole EB-21-55 that intersected 22 metres grading 2.22 g/t palladium-equivalent. This intersection included a higher grade 7 metre interval with 3.40 g/t palladium-equivalent and is the best intersect drilled to date in the Garden Zone. The drilling program has now defined a 3.0 km strike length of near-surface disseminated sulphide mineralization hosting palladium, platinum, rhodium, gold, and base metals located 90 kilometres west of Sudbury, Ontario. The Palladium mineralization is primarily hosted within a 45° north dipping vari-textured gabbro unit near the basal contact of the East Bull Gabbro. Hole EB-21-54 is the western-most hole drilled to date on the Company's Property. Hole EB-21-55 was drilled north of, and intersected the Garden Zone down dip from, hole EB-21-52. Hole EB-21-56 was drilled north of hole EB-21-51. Assay results for hole EB-21-56 reported here are from the Garden Zone. Additional assays from the lower part of the hole are pending. These results continue to demonstrate the consistency of the disseminated palladium-bearing sulphide mineralization that occurs near the basal contact of the East Bull Gabbro. Drilling has successfully focused on testing the strike and downdip extensions of this "contact-type" mineralization that is typically tens of metres thick. The Company is also evaluating potential footwall mineralization related to feeder conduits for the East Bull Gabbro. For the drilling program, individual demarked samples of NQ drill core were sawn in half, bagged, sealed and transported by courier to the laboratory. Duplicates, blanks and standards were introduced to the sample stream on site. The Company is using two PGM certified reference materials from Canadian Resource Laboratories as standards to monitor analytical accuracy. Samples were sent to AGAT Laboratories, Mississauga, Ontario. Each sample was analysed using the AGAT Laboratories codes 202555, Fire Assay-ICP (50g); 201070, 4 Acid Digest /ICP-OES Finish. The Company's protocol is to analyze Rh after initially assaying for palladium, platinum and gold. Once Rh results are received, the Rh concentrations will be reported. Pd-Eq grade is based on parameters in the May 23, 2019, NI 43-101 Resource Estimate and Technical Report. Metal prices are based on 24-month trailing averages at January 31, 2018. In US$ these prices are: Pd - $767/oz; Pt - $973/oz; Rh - $1,000/oz; Au - $1.262/oz; Cu - $2.53/lb; Ni - $4.62/lb; Co - $20/lb. Reported widths are drilled widths, with true widths estimated to be 90% of drilled widths for minus-60-degree-holes to approximately 85% of drilled width for minus-70-degree holes.