Palamina Corp. has received assay results for the two recently completed core holes at the Usicayos Gold Project in southeastern Peru. Holes VE-05-2022 and VE-06-2022 were completed from drill pad 5 situated approximately 120 metres northeast of hole VE-04-20021 to test the most easterly 200 metres of the Veta Zone. A total of 6 drill holes have been completed in the Veta Zone with 2 of 6 returning visible gold [...]
Palamina Corp. On June 9, 2022 Palamina paid US$ 44,000 to acquire 100 % of a 200 hectare titled internal concession at the Usicayos Gold Project. An additional US$ 11,000 is being held in trust to be paid on notification from the Registro Publicos that the titled claims have been transferred and fully registered to Palamina S.A.C. . Palamina now holds 100% title interest to 14,012 hectares at Usicayos with no underlying [...]
Palamina Corp. has restarted its drilling program at the Usicayos Gold Project in southeastern Peru post the end of the rainy season. In the first quarter of 2022, Palamina worked with independent geological consultants and GoldSpot Discoveries to complete 3D modelling of the drilling carried out in 2021 in the Veta Zone to optimize the position of the first drill hole VE-5-2022. "Palamina has resumed drilling at Usicayos [...]
Palamina Corp. resumed exploration at its 100% owned Lagos Silver Copper Project in late November of 2021 conducting a mapping / sampling program, short magnetometer survey and test Induced Polarization study before year end. Palamina is proceeding with more sampling and mapping, a pole-dipole IP survey and has commenced an FTA environmental study in order to permit up to 20 drill pads. Lagos covers 10,300 hectares and is [...]
Palamina Corp. completed 4 diamond drill holes for a total of 1,704.50 metres in December 2021. All assay results from core intervals of interest have now been returned. The first 4 drill holes were completed in the Veta Zone which consists of multiple mineralized gold structures defined at surface over an 800 metre strike length. Drilling to date has tested 600 metres of strike length. Two additional holes designed to [...]
Palamina Corp. has completed the very first 4 diamond drill holes in the Veta discovery zone at its flagship Usicayos gold project in Peru. A total of 1,704.50 metres were drilled in 2021 where drilling has been suspended due to commencement of the rainy season and seasonal holidays. The first 4 drill holes have tested the west-end of the mineralized footprint in the Veta zone which consists of multiple mineralized gold [...]
Palamina Corp. common shares are now trading on the OTCQB Venture Market under the symbol "PLMNF" in the United States and continue to trade on the TSX Venture Exchange as its primary listing under the symbol "PA" in Canada. "Palamina's maiden drill program at its flagship Usicayos gold project is underway in Peru where upgrading to an OTCQB listing will provide greater visibility, liquidity and exposure to US investors [...]
Palamina Corp. has commenced its inaugural diamond drill program at its flagship Usicayos Gold Project in Peru. No drill holes have ever been completed at Usicayos. Palamina contracted Energold Drilling Peru S.A.C. for the program. Drilling at Usicayos will consist of roughly 2,600 metres of drilling in six drill holes with the objective of testing multiple mineralized gold structures defined at surface in the Veta Zone [...]
Palamina Corp. wishes to announce that research coverage has been initiated by Couloir Capital Ltd. The report is titled, "Greenfield Gold Portfolio with Blue Sky Potential and Near-Term Growth Drivers." The report can be accessed through Couloir Capital's portal : https://www.couloircapital.com/research-portal#/portal/couloir-capital About Couloir Capital Ltd. Couloir Capital Ltd. is an investment firm comprised of a [...]
Palamina Corp. advises that it has filed an Early Warning Report in connection with the issuance by Winshear Gold Corp. to Palamina of an aggregate amount of 525,000 additional common shares in the capital of Winshear as consideration for the settlement of amounts owing of $42,000 by Winshear . Palamina has now received a total of 10,525,000 million Common Shares of Winshear in respect of the Debt Settlement and Winshear [...]
Palamina Corp. and Winshear Gold Corp. have agreed to convert US$33,700 in debt due Palamina into 525,000 common shares of Winshear. The shares will be issued at a price of C$0.08 per share to settle an advance royalty payment of US$25,000 due September 19, 2021, and exploration and development costs incurred by Palamina as operator of Winshear Gold's Gaban and Tinka projects. Upon completion, Palamina will hold [...]
Couloir Capital Ltd. is pleased to announce initiation of research coverage on Palamina Corp. The report is titled, "Greenfield Gold Portfolio with Blue Sky Potential and Near-Term Growth." Report excerpt 1: "Looking forward to near-term catalysts, the largest growth driver for PA at present is the imminent maiden diamond drilling program, which we believe the company will commence in the coming weeks. PA received final [...]