Palamina Announces Private Placement
Toronto – May 5, 2020 Palamina Corp. (“the “Company”) will conduct a non-brokered private placement offering (the “Offering”) of up to 6,000,000 units (“Units”) at a purchase price of $0.125 per Unit, for aggregate gross proceeds of up to $750,000. Each Unit consists of one common share (“Common Share”) and one-half warrant (a “Warrant”). Each […]
Palamina Provides Update and Announces Resignation of Director
Palamina Corp. (PA:TSXV) reports that all operating activities have been halted in keeping with the government of Peru’s travel and work restrictions related to the COVID-19 pandemic. The government shutdown commenced on April 1, 2020. All staff and contractors are safe and secure. Palamina maintains a minimal staff shared by the company and its operating […]
Palamina to test discovery gold projects in Peru
Palamina Corp. (PA: TSX.V) is a pure gold exploration company preparing for its inaugural drilling campaign on its high-grade Coasa Gold Project in south eastern Peru. Palamina is also a significant shareholder of Winshear Gold (WINS: TSX.V), who are advancing the Gaban Gold project toward initial drill testing. Palamina is acting as the operator at Gaban for Winshear Gold. […]
Palamina Secures DIA For Initial Drill Testing Of The Coasa Gold Discovery In Peru
Palamina Corp. (PA: TSX.V) has secured a Declaración de Impacto Ambiental (“DIA”) from the Peruvian Ministry of Energy and Mines for its Coasa Gold Project in the Puno region of Peru. The DIA allows for the construction of up to 40 drill pads at Coasa. With the DIA in hand, the Company has applied for […]
Palamina Appoints VP Exploration, Advisory Board Member & Issues Options
Palamina Corp. (PA:TSX.V) has appointed William McGuinty as its Vice President of Exploration and Christina McCarthy as an advisory board member. Christina McCarthy will assist in expanding Palamina’s market presence in the global mining and financial community. William McGuinty will lead Palamina’s effort to explore for and define gold deposits in Peru. Andrew Thomson, President […]
Palamina’s Coasa Gold Project returns select grab samples with values up to 75.4 gpt gold from the Cayos Zone
Toronto, Ontario – October 8, 2019 – Palamina Corp. (PA:TSXV) reports that recent mapping and intermittent surface rock sampling on its flagship Coasa Gold Project has increased the strike length of the newly discovered gold system to approximately 1,600 metres. During the second and third campaigns of 2019 an additional 321 grab samples and 233 […]
Palamina Completes The Sale Of Two Peruvian Projects To Helio Resource Corp.
Palamina Corp. (the “Company” or “Palamina”) (PA:TSX.V) is pleased to announce the closing of its previously announced transaction (the “Transaction”) with Helio Resource Corp. (“Helio”; HRC:TSX.V), whereby the Company has sold 100% of the application and mining rights to the Gaban Gold and Tinka I.O.C.G. Projects in Peru to Helio. In exchange Palamina will receive […]
Palamina Announces the Acquisition of Shares in Helio Resource Corp.
Toronto, Ontario – September 19, 2019 – Palamina Corp. (TSXV: PA) (“Palamina” or the “Company“) advises that it has filed an Early Warning Report in connection with the issuance by Helio Resource Corp. (TSXV: HRC) (“Helio”) to Palamina of common shares (“Common Shares”) in the capital of Helio as consideration for Helio acquiring all of […]
Palamina Extends Mineralized Footprint at The Coasa Gold Project in Peru
Palamina Corp. (PA: TSX.V) has completed 3 sampling and mapping campaigns at its flagship Coasa Gold Project in 2019 while it awaits processing of drill permits for the Veta Gold Zone. A total of 44 grab and 31 channel samples were completed on the first campaign in the Veta and Cayos Gold Zones. In the […]
Palamina Announces the Extension of the Expiry Date of Certain Common Share Purchase Warrants for One Year.
Palamina Corp. (the “Company” or “Palamina”) (PA:TSX.V) announces that it has agreed to extend the expiry date of certain of its outstanding common share purchase warrants (the “Warrants“) for an additional year. The new expiry date of these Warrants will be August 26, 2020. These Warrants were issued pursuant to a private placement of 7,166,667 […]