Palamina Corp. has filed on SEDAR a technical report prepared in accordance with National Instrument 43-101 on the Coasa Gold Project in the Puno region of Peru. The Technical Report titled "NI 43-101 Technical Report Coasa Property Puno, Peru" with an effective data of October 24th, 2018 was prepared on behalf of Palamina Corp. by David Seers , representative of Mining Plus. The NI 43-101 Technical Report may be found on [...]
Palamina Corp. has completed further channel sampling in the Veta Zone at the Coasa Gold Project in south eastern Peru. The most recent sampling results compliment previous surface sampling programs with channels collected partially as infill sampling along previously sampled outcrop as well as from previously unsampled outcrop occurrences. The Veta Zone continues to return high-grade gold mineralization highlighted by [...]
Andrew Thomson has today filed an early warning report advising of his acquisition of common shares of Palamina Corp. . The Acquiror purchased 2,500 Common Shares at a price of $0.35 per Common Share and 575 Common Shares at a price of $0.37 per Common Share for an aggregate 3,075 Common Shares of the Company for gross consideration of $1,087.75, increasing the Acquiror's overall ownership interest in the Company to 12 [...]
Palamina Corp. has completed heliborne geophysical surveys over its Coasa, Gaban and Cori gold projects in the Puno Orogenic Gold Belt of Peru. In the POGB, gold mineralization frequently has an association with disseminated magnetic pyrrhotite hosted by quartz veins within regional shear zone structures. Palamina believes results from the heliborne magnetic survey will aid in outlining regional structures with the [...]
Palamina Corp. has conducted a reconnaissance sampling program in the recently defined Cayos gold zone south of the Veta gold zone at its Coasa Gold Project in south eastern Peru. On September 25, 2018, Palamina reported the discovery of 4 visible gold zones at Veta where chip sampling returned up to 620 g/t gold and channel sampling up to 1.8 metres of 19.6 g/t gold . Surface gold mineralization at Veta covers an 800 by [...]
Palamina Corp.'s recent field campaign at its Coasa Gold Project in south eastern Peru continues to confirm the presence of high grade gold at surface in the Veta Zone where continuous channel sampling returned 1.8 metres of 19.6 g/t gold and 0.9 metre of 103 g/t gold. The recently discovered zone of surface gold mineralization has now expanded to cover an 800 by 500 metre area and further selective rock-chip sampling in [...]
Palamina Corp. reports that New-Sense Geophysics Limited has commenced a 3,083 line kilometer heliborne geophysical survey over its Coasa, Gaban and Cori gold projects in the Puno Orogenic Gold Belt in south-eastern Peru. In the POGB, gold mineralization frequently has an association with magnetic pyrrhotite within swarms of orogenic quartz veins and veinlets restricted to discrete, continuous packages in shear zone [...]
Palamina has completed further staking to increase its title and application mining exploration rights to 18,900 hectares at the Bendi Gold Project in the Puno Orogenic Gold Belt in southern Peru. The new staking was based on Palamina's current understanding of prospective geological structures in the Benditani Mine district and their relationship to historical and current operating small-scale gold mines in the area [...]
A trading halt was imposed by IIROC following the dissemination of Palamina's July 5 news release at 9:00 a.m. Toronto time, whereby IIROC requested clarification of certain statements. Clarifications and an amended release follow: Palamina was informed that use of the words visible gold in the title of the news release is overly promotional and has omitted it in the amended version of the July 5, 2018, release attached [...]
Palamina Corp. has discovered a new orogenic gold zone in the Veta target area at its Coasa Gold Project in south-eastern Peru. At Coasa, nine separate orogenic gold anomalous target areas have been prioritized into low, intermediate and high priority anomalies. Palamina´s latest sampling campaign focused on gaining an understanding of the potential of the highest priority Phusca and Veta anomalies. At Veta, recent [...]
Palamina has completed further staking to expand its five 100% owned, district-scale gold projects in the Puno Orogenic Gold Belt located in southeastern Peru. The POGB is one of the least explored known orogenic gold belts. Palamina's projects in the POGB now cover over 77,000 hectares. All projects have been ground-truthed by artisanal, small-scale and informal miners who are generally limited to mining gold from the [...]
Palamina has contracted New-Sense Geophysics Limited to conduct heliborne geophysical aeromagnetic-radiometric surveys on its Coasa, Gaban and Cori gold projects in south-eastern Peru. To date Palamina has acquired 5 projects in the Puno Orogenic Gold Belt including Coasa, Gaban and Cori. Known orogenic gold deposits within the POGB have a strong structural control where free gold occurs in association with pyrrhotite and [...]