Palamina Announces Private Placement
Not for distribution to U.S. news wire services or dissemination in the United States Palamina Corp. (“Palamina” or the “Company”) is pleased to announce that it will conduct a non-brokered private placement offering (the “Offering”) of up to 12,000,000 units (“Units”) at a purchase price of $0.25 per Unit, for aggregate gross proceeds of up to $3,000,000. […]
Palamina receipts final approval to commence drilling at the Coasa gold project in Peru
Palamina Corp. (PA:TSX-V) has received its Authorization to Initiate Exploration Activities (“AIEA”) permit to commence drilling on its Coasa Gold Project in Peru. In December of 2019, Palamina received its Declaración de Impacto Ambiental permit (“DIA”) which allows for up to 40 drill pads in the Veta Zone at Coasa. Palamina has spent over US$ 2M on exploration at Coasa […]
Palamina Corp. Annual and Special Shareholders Meeting Update
Palamina Corp. (PA:TSXV) announces that due to the restrictions and guidelines on public gatherings issued this past Friday by the Ontario government, the Corporation will be hosting its annual and special meeting of shareholders this coming Wednesday November 25, 2020 at 4:00 p.m. virtually. Any shareholder who wishes to attend the Meeting may only attend […]
Palamina Channel Sampling In Discovery Zone Returns 90.3 G/T Gold Over 1.30 Metres At The Coasa Gold Project
Palamina Corp. (PA:TSX-V) has completed additional sampling in the Veta NE and Veta Zones at the Coasa Gold Project. Channel sampling in the newly discovered Veta NE Zone returned values up to 90.3 g/t Au over 1.30 m. The Veta NE Zone is located 500 m NE of the Veta Zone and only two rounds […]
Palamina Channel Sampling Returns 14.2 Gpt Gold Over 1.5 Metres at the Coasa Gold Project
Palamina Corp. (PA:TSX-V) announces results from the recent channel sampling program and provides an update on preparations for drilling at its Coasa Gold Project in SE Peru. Palamina has identified an eighth gold bearing structure at the Veta Zone. Seven zones were highlighted in Palamina’s Press Release dated July 7, 2020. The most recent channel […]
Palamina Completes Projects Sale to Winshsear Gold & Receives US$25,000 Advance Royalty Payment
Palamina Corp. (PA:TSX-V) has been issued an additional 400,000 common shares of Winshear Gold Corp. (WINS:TSX-V) for a total 10,000,000 common shares completing the sale of the Gaban Gold and Tinka I.O.C.G. projects. Winshear Gold also provided Palamina a US$25,000 annual advance royalty payment as required under the property purchase agreement. Annual advance royalty payments will cease once Winshear Gold […]
Palamina Announces The Appointment of Two New Directors
Palamina Corp. (PA:TSX-V) has appointed two new members to the company’s board of directors, effective immediately. .Joining the board are Christina McCarthy and Sean Spraggett. Christina will serve on the Audit Committee and Sean Spraggett on the Compensation Committee. “On behalf of Palamina’s Board of Directors, I am pleased to welcome Christina McCarthy and Sean Spraggett. We […]
Palamina Resumes Exploration at The Coasa Gold Project
Toronto – August 13, 2020. Palamina Corp. (PA:TSX-V) has resumed exploration at its 100% owned Coasa Gold Project in south eastern Peru. Drill pad construction is underway, in addition to completion of the field camp in the Veta Zone. Mapping and sampling is also being carried out. Palamina is awaiting approval of the Company’s Initiation […]
Palamina Samples 3.2 Metres Of 12 G/T Gold At The Coasa Gold Project
Toronto – July 7, 2020. Palamina Corp. (PA:TSX-V) reports further significant channel sampling results from its Coasa Gold Project in south eastern Peru. In mid-December 2019, Palamina completed a comprehensive channel sampling program in the newly discovered Cayos Zone designed to better define mineralized structures and expand known mineralization. The Cayos Zone is located southwest […]
Palamina Completes Oversubscribed $1.1 m Private Placement
Toronto – May 25, 2020 Palamina Corp. (“Palamina” or the “Company”) is pleased to announce that it has closed its non-brokered private placement offering (the “Offering”) announced on May 5, 2020. Due to a strong demand for participation in the Offering, the Company raised a total of $1,100,000 for the issuance of 8,800,000 units (the […]