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 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 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 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 […]
Palamina Samples High Grade Silver-copper-lead Mineralization At Lagos Project In South-eastern Peru
Palamina Corp. (PA: TSX.V) has completed first pass surface sampling on its Lagos Project in Peru and has identified a number of outcropping high-grade silver-copper-lead occurrences. Individual channel samples collected from outcropping veins on the property range from detection to highs of 1,135 g/t silver, 7.3% copper and 30% lead (see tables below). The road […]
Palamina Agrees To Sell Two Projects To Helio Resource Corp.
Palamina Corp. (PA:TSX.V) has signed a letter of intent (“LOI”) to sell 100% of the application and mining rights to the Gaban Gold and Tinka I.O.C.G. Projects in Peru to Helio Resource Corp. (“Helio”; HRC:TSX.V). In exchange Palamina will receive a total of 10 million common shares of Helio and a 2% Net Smelter Return […]
Palamina Completes Final Tranche Of Private Placement
Palamina Corp. (“Palamina” or the “Company”) is pleased to announce that it has closed the second and final tranche of its non-brokered private placement offering (the “Offering”) previously announced on March 1, 2019. In this final tranche, the Company raised a total of $152,200 for the issuance of 507,333 units (the “Units”) at the price […]
Palamina Completes First Tranche Of Private Placement
Palamina Corp. (“Palamina” or the “Company”) is pleased to announce that it has closed the first tranche of its non-brokered private placement offering (the “Offering”) announced on January 31, 2019 and February 8, 2019. In this first tranche, the Company raised a total of $1,535,500 for the issuance of 5,118,332 units (the “Units”) at the […]