Palamina Drills 0.72 GPT Gold over 52 Metres Including 2.59 GPT Gold Over 8 Metres at the Usicayos Gold Project in Peru
Palamina Corp. (TSXV: PA, OTCQB: PLMNF) has concluded its 2024 scout drill program in the Sol de Oro (‘SDO’) zone at its Usicayos Gold Project in Peru. Highlights: · Broad intervals of gold mineralization in both the SDO S and SDO N zones· Drilling identifies blind mineralized intrusive within a 0.63 g/t Au over 40m […]
Palamina Commences Soil Sampling Program After Completing Remote Sensing Study on the Galena Silver Copper Project
Palamina Corp. (TSXV: PA, OTCQB: PLMNF) continues to advance it’s 100% owned Galena Silver Copper Project located in the Santa Lucia district in the Puno region of Peru. Galena covers a series of high-grade copper-silver bearing quartz veins in the historic Santa Rosa mine district as well as multiple copper oxide and lead sulfide occurrences […]
Palamina Reports on Drilling at Sol de Oro East & Notes Multiple Visible Gold Intercepts at SDO South
Palamina Corp. (TSXV: PA, OTCQB: PLMNF) has completed the first six holes and tested two of three zones in its inaugural drilling program in the Sol De Oro Zone (‘SDO’) at its Usicayos gold project in SE Peru. The host shear structure at SDO is approximately 1.5 km in width by 2.2 km in strike […]
Palamina Participating in Two Separate Drilling Campaigns in the Puno Orogenic Gold Belt
Palamina Corp. (TSXV: PA, OTCQB: PLMNF) is drilling at its Usicayos Gold Project in the Puno Orogenic Gold Belt (‘POGB’) in south eastern Peru where the Company has 6 distinct exploration projects (see map below). Three diamond drill holes have been completed in the SDO East Zone at Usicayos. A fourth hole in the SDO South […]
Palamina Acquires Aurania’s Peruvian Subsidiary and 100% of the Pluma Copper Silver Project
Palamina Corp. (TSXV: PA, OTCQB: PLMNF) has acquired 100% of the shares of Sociedad Minera Vicus Exploraciones S.A.C. (“Vicus”) from Aurania Resources Ltd. (TSX.V:ARU) (‘Aurania’). Vicus is now a wholly owned Peruvian subsidiary of Palamina Corp. Aurania received 350,000 common shares of Palamina and was granted a 1% Net Smelter Return royalty on the Pluma […]
Palamina Receives a US$100,000 Advance Royalty Payment from Winshear Gold Corp.
Palamina Corp (TSXV:PA OTCQB: PLMNF) has received a US$100,000 Advance Royalty (“AR”) payment from Winshear Gold Corp. (“Winshear”) (TSX.V: WINS). The AR payment was due pursuant to a property purchase agreement signed on September 19, 2019. The agreement sets out annual AR anniversary payments and a 2% NSR royalty per project due to Palamina from Winshear. In September […]
Palamina Drill Program Underway at its Usicayos Gold Project
Palamina Corp. (TSXV:PA OTCQB:PLMNF) has commenced drilling in the Sol de Oro (“SDO”) zone at its 100% owned Usicayos Gold Project in south eastern Peru. Drill equipment was successfully mobilized and a fully functioning field camp is in place to support the program. Seven diamond drill holes totalling approximately 3,000 metres are planned to test […]
Palamina Bulk Sample Returns 3.6 g/t Gold at the Usicayos Gold Project, Peru
Palamina Corp.’s (TSXV:PA – OTCQB:PLMNF) 100% owned Usicayos Gold Project is located in the Puno Orogenic Gold Belt where nuggety coarse gold makes it challenging to establish continuity of gold grades. In 2024 Palamina has completed metallic screening, a PhotonAssay® check sampling program and a bulk sample mineralogical study to establish an optimized sampling protocol […]
Palamina Completes Drone Magnetic and Structural Studies in Preparation for Drilling at the Usicayos Gold Project
Palamina Corp. (TSXV:PA – OTCQB:PLMNF) has completed a drone-based magnetic survey over the entire 4.5 km long mineralized gold trend at its 100% owned Usicayos Gold Project in the department of Puno in south eastern Peru. The survey was carried out by Lima-based geophysical contractor Deep Sounding E.I.R.L and included generating a detailed Digital Terrain […]
Palamina to Acquire Aurania’s Peruvian Subsidiary For the Pluma Sediment-Hosted Copper Silver Project
Palamina Corp. (TSXV:PA – OTCQB:PLMNF) has signed a Share Purchase Agreement (the “Agreement”) to acquire 100% of the shares of Sociedad Minera Vicus Exploraciones S.A.C. (“Vicus”) from Aurania Resources Ltd. (TSX.V:ARU) for a consideration of 350,000 common shares of Palamina and a 1% Net Smelter Return (“NSR”) royalty. Palamina may buy back half of the […]