Palamina Sol De Oro Zone Returns 0.9 Metres of 200 g/t Gold at the Usicayos Gold Project
Toronto, Ontario--(Newsfile Corp. - September 20, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) Field work completed in the newly acquired Sol de Oro Zone at the Usicayos Gold Project has returned values up to 0.9m of 200 g/t gold with multiple visible gold occurrences prospected. The most recent mapping and rock sampling focused on the Sol de Oro ("SDO") area. In 2021/2022 six inaugural drill holes were completed in the Veta Zone to test the north eastern portion of the 4.5 km long gold...
2022-09-20 10:11 AM EDT
Palamina Reports Exploration Results & Land Consolidation at Its Galena Silver Copper Project
Toronto, Ontario--(Newsfile Corp. - September 14, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has received additional assay results from two additional 2022 geochemical and hand trenching programs and has consolidated and increased its land package at its Galena Silver Copper Project in SE Peru. Galena sits at the juncture of the Santa Lucia mining district to the northeast and within what is referred to locally as the Las Bambas copper trend to the northwest. In April of 2022, Palamina...
2022-09-14 8:30 AM EDT
Palamina Receipts $US 50,000 Advance Royalty Payment from Winshear Gold Corp.
Toronto, Ontario--(Newsfile Corp. - September 12, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has received a US$50,000 Advance Royalty ("AR") payment from Winshear Gold Corp. (TSXV: WINS). The AR payment was due pursuant to a property purchase agreement signed and approved on September 19, 2019 which outlines annual AR anniversary payments and a 2% NSR royalty per project subject to terms of the purchase agreement. Palamina currently holds 13,422,000 shares and 1,321,000 warrants...
2022-09-12 8:02 AM EDT
Palamina Intersects More Gold at the Usicayos Gold Project
Toronto, Ontario--(Newsfile Corp. - July 6, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has received assay results for the two recently completed core holes at the Usicayos Gold Project in southeastern Peru. Holes VE-05-2022 and VE-06-2022 were completed from drill pad 5 situated approximately 120 metres northeast of hole VE-04-20021 to test the most easterly 200 metres of the Veta Zone. A total of 6 drill holes have been completed in the Veta Zone with 2 of 6 returning visible gold...
2022-07-06 8:00 AM EDT
Palamina Secures 100% of the Mineralized Gold Trend at the Usicayos Gold Project
Toronto, Ontario--(Newsfile Corp. - June 10, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) On June 9, 2022 Palamina paid US$ 44,000 to acquire 100 % of a 200 hectare titled internal concession at the Usicayos Gold Project. An additional US$ 11,000 is being held in trust to be paid on notification from the Registro Publicos that the titled claims have been transferred and fully registered to Palamina S.A.C. (Palamina's Peruvian subsidiary). Palamina now holds 100% title interest to 14,012...
2022-06-10 8:00 AM EDT
Palamina Resumes Drilling at the Usicayos Gold Project
Toronto, Ontario--(Newsfile Corp. - May 16, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has restarted its drilling program at the Usicayos Gold Project in southeastern Peru post the end of the rainy season. In the first quarter of 2022, Palamina worked with independent geological consultants and GoldSpot Discoveries to complete 3D modelling of the drilling carried out in 2021 in the Veta Zone to optimize the position of the first drill hole VE-5-2022. "Palamina has resumed drilling at...
2022-05-16 8:30 AM EDT
Palamina Resumes Exploration at the Lagos Silver Copper Project
Toronto, Ontario--(Newsfile Corp. - February 9, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) resumed exploration at its 100% owned Lagos Silver Copper Project in late November of 2021 conducting a mapping / sampling program, short magnetometer survey and test Induced Polarization (IP) study before year end. Palamina is proceeding with more sampling and mapping, a pole-dipole IP survey and has commenced an FTA environmental study in order to permit up to 20 drill pads. Lagos covers 10,300...
2022-02-09 9:24 AM EST
Palamina Releases Drill Results from Its Maiden Drill Program at the Usicayos Gold Project
Toronto, Ontario--(Newsfile Corp. - January 17, 2022) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) completed 4 diamond drill holes for a total of 1,704.50 metres ('m') in December 2021. All assay results from core intervals of interest have now been returned. The first 4 drill holes were completed in the Veta Zone which consists of multiple mineralized gold structures defined at surface over an 800 metre strike length. Drilling to date has tested 600 metres of strike length. Two additional...
2022-01-17 9:29 AM EST
Palamina Concludes 2021 Drill Program at the Usicayos Gold Project in Peru
Toronto, Ontario--(Newsfile Corp. - December 16, 2021) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has completed the very first 4 diamond drill holes in the Veta discovery zone at its flagship Usicayos gold project in Peru. A total of 1,704.50 metres were drilled in 2021 where drilling has been suspended due to commencement of the rainy season and seasonal holidays. The first 4 drill holes have tested the west-end of the mineralized footprint in the Veta zone which consists of multiple...
2021-12-16 8:30 AM EST
Palamina Commences Trading on OTCQB Market Under the Symbol PLMNF
Toronto, Ontario--(Newsfile Corp. - November 12, 2021) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) common shares are now trading on the OTCQB Venture Market under the symbol "PLMNF" in the United States and continue to trade on the TSX Venture Exchange as its primary listing under the symbol "PA" in Canada. "Palamina's maiden drill program at its flagship Usicayos gold project is underway in Peru where upgrading to an OTCQB listing will provide greater visibility, liquidity and exposure to US...
2021-11-12 9:00 AM EST
Drilling Underway at Palamina's Usicayos Gold Project in Peru
Toronto, Ontario--(Newsfile Corp. - September 30, 2021) - Palamina Corp. (TSXV: PA) has commenced its inaugural diamond drill program at its flagship Usicayos Gold Project in Peru. No drill holes have ever been completed at Usicayos. Palamina contracted Energold Drilling Peru S.A.C. for the program. Drilling at Usicayos will consist of roughly 2,600 metres of drilling in six drill holes with the objective of testing multiple mineralized gold structures defined at surface in the Veta Zone. To...
2021-09-30 8:30 AM EDT
Couloir Capital Initiates Research Coverage on Palamina Corp.
Toronto, Ontario--(Newsfile Corp. - September 20, 2021) - Palamina Corp. (TSXV: PA) wishes to announce that research coverage has been initiated by Couloir Capital Ltd. The report is titled, "Greenfield Gold Portfolio with Blue Sky Potential and Near-Term Growth Drivers." The report can be accessed through Couloir Capital's portal (click on Sign In): https://www.couloircapital.com/research-portal#/portal/couloir-capital About Couloir Capital Ltd. Couloir Capital Ltd. is an investment firm...
2021-09-20 8:30 AM EDT
Palamina Announces Filing of Early Warning Report for Winshear Gold Corp.
Toronto, Ontario--(Newsfile Corp. - September 16, 2021) - Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") advises that it has filed an Early Warning Report in connection with the issuance by Winshear Gold Corp. (TSXV: WINS) ("Winshear") to Palamina of an aggregate amount of 525,000 additional common shares ("Common Shares") in the capital of Winshear as consideration for the settlement of amounts owing of $42,000 by Winshear (the "Debt Settlement"). Palamina has now received a total...
2021-09-16 8:30 AM EDT
Palamina Converts Debt and Increases Ownership in Winshear Gold to 19.5%
Toronto, Ontario--(Newsfile Corp. - September 15, 2021) - Palamina Corp. (TSXV: PA) and Winshear Gold Corp. (TSXV: WINS) have agreed to convert US$33,700 (CDN$42,000) in debt due Palamina into 525,000 common shares of Winshear. The shares will be issued at a price of C$0.08 per share to settle an advance royalty payment of US$25,000 due September 19, 2021, and exploration and development costs incurred by Palamina as operator of Winshear Gold's Gaban and Tinka projects. Upon completion,...
2021-09-15 8:31 AM EDT
Palamina Applies for Trading on OTCQB
Toronto, Ontario--(Newsfile Corp. - August 6, 2021) - Palamina Corp. (TSXV: PA) is applying to have its common shares posted for trading on the OTCQB Venture Market (the "OTCQB"), a United States trading platform that is operated by the OTC Markets Group in New York. The posting of the Company's shares on the OTCQB remains subject to having a Form 211 cleared by FINRA, satisfying OTCQB eligibility standards and the approval of the OTCQB Markets Group. The Company will provide a follow up news...
2021-08-06 8:30 AM EDT
Palamina Engages T2W Market Liquidity Inc.
Toronto, Ontario--(Newsfile Corp. - July 20, 2021) - Palamina Corp. (TSXV: PA) announces it has engaged T2W Market Liquidity Inc. ("T2W") effective July 19, 2021, to provide market liquidity services for its common shares listed on the TSX Venture Exchange. The term of the engagement is for a minimum of six months and is renewable thereafter on a month-to-month basis. T2W is a Dundas Ontario based private company which is in the business of providing market liquidity services to listed...
2021-07-20 8:00 AM EDT
Palamina Announces AGM Results and Options Grant
Toronto, Ontario--(Newsfile Corp. - July 16, 2021) - Palamina Corp. (TSXV: PA) hereby announce results from voting at its annual general meeting of shareholders held virtually from Toronto, Ontario (the "Meeting") on June 30, 2021. Shareholders voted in favour of all items put forward by the Board of Directors ("the Board") and Management. Shareholders voted in favour of the election of all director nominees: Hugh Agro, Christina McCarthy, Sean Spraggett, Andrew Thomson and Alistair Waddell ;...
2021-07-16 4:56 PM EDT
Palamina Contracts Energold to Drill the Usicayos Gold Project
Toronto, Ontario--(Newsfile Corp. - July 12, 2021) - Palamina Corp. (TSX: PA) has signed a contract with Energold drilling Peru S.A.C. to carry out a diamond drill program at its flagship Usicayos Gold Project. Drilling is expected to commence in late July. No drill holes have ever been completed at Usicayos. Figure 1 To view an enhanced version of Figure 1, please vis
2021-07-12 9:00 AM EDT
Palamina Changes Name of Flagship Project in Peru to Usicayos
Toronto, Ontario--(Newsfile Corp. - July 9, 2021) - Palamina Corp. (TSXV: PA) reports that, in keeping with the wishes and consent of local community leadership, the Coasa project will now be identified as the Usicayos project, the name of the community which hosts the project. In January 2017, Palamina staked the Usicayos project area in order to investigate its gold potential as part of its focus in the Puno Orogenic Belt (POGB). The company chose the name Coasa based on the presence of a...
2021-07-09 9:00 AM EDT
Palamina Completes $5,000,000 Private Placement
Toronto, Ontario--(Newsfile Corp. - June 18, 2021) - Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") is pleased to announce that it has closed its non-brokered private placement offering (the "Offering") announced on May 27, 2021 and June 14. The Company raised a total of $5,000,000 for the issuance of 20,000,000 units (the "Units") at the price of $0.25 per Unit. Each Unit consists of one common share ("Common Share") and one warrant (each a "Warrant"). Each whole Warrant is...
2021-06-18 8:30 AM EDT