CANADIAN PALLADIUM ANNOUNCES RUSH SAMPLE RESULTS FROM FIRST DIAMOND DRILL HOLE

CANADIAN PALLADIUM HOLE EB-20-01 INTERSECTS:

• 3.32 g/t Palladium over 7.0 metres
• 2.50 g/t Palladium over 10 metres
• 3.77 g/t combined Palladium + Platinum + Gold over 10 metres
• Including 7.13 g/t combined Palladium + Platinum + Gold over 3 metres

Vancouver, British Columbia, March 2, 2020 – Canadian Palladium Resources Inc. (formerly 21C Metals Inc.) (the “Company”) (CSE: BULL) (OTCQB: DCNNF) (FSE: DCR1) is pleased to announce the rush sample results from the first diamond drill hole on its East Bull Palladium Property, 90 kilometres west of Sudbury, Ontario.

Hole EB-20-01 was designed to assess the areas of higher – grade Palladium.  These higher – grade Palladium zones will be assessed to determine if they are structural controlled and can be traced downdip and along strike within the inferred resource (See Press Release July 3,2019).

The initial three holes of the 2020 diamond drill program have been established over a strike length of ~40 metres with results of EB-20-02 and 03 expected in the next 3 weeks.  The diamond drill holes tested 50 to 75 metres below surface.

The results of the first hole, EB-20-01 include:

Individual Intercepts of EB-20-10