Palamina Corp. 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 where the Company is exploring [...]
VANCOUVER, BC, Nov. 4, 2024 /CNW/ - Trading resumes in: Company: Palamina Corp. TSX-Venture Symbol: PA All Issues: Yes Resumption : 10:15 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national [...]
Palamina Corp. has completed the first six holes and tested two of three zones in its inaugural drilling program in the Sol De Oro Zone 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 length. Mineralization is found along continuous ductile deformation zones with abundant [...]
VANCOUVER, BC, Nov. 4, 2024 /CNW/ - The following issues have been halted by CIRO Company: Palamina Corp. TSX-Venture Symbol: PA All Issues: Yes Reason: Pending News Halt Time : 9:03 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and [...]
Palamina Corp. is drilling at its Usicayos Gold Project in the Puno Orogenic Gold Belt in south eastern Peru where the Company has 6 distinct exploration projects . Three diamond drill holes have been completed in the SDO East Zone at Usicayos. A fourth hole in the SDO South Zone is complete with hole 5 underway. Palamina is now reaching the [...]
Palamina Corp. has acquired 100% of the shares of Sociedad Minera Vicus Exploraciones S.A.C. from Aurania Resources Ltd. . 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 sediment-hosted copper silver project as full [...]
Palamina Corp. has received a US$100,000 Advance Royalty payment from Winshear Gold Corp. . 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 of 2025 a further US$100,000 [...]
Palamina Corp. has commenced drilling in the Sol de Oro 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 totaling approximately 3,000 metres are planned to test the SDO East, SDO South and [...]
Palamina Corp.'s 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 Corp. 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 Model and [...]
Palamina Corp. has signed a Share Purchase Agreement to acquire 100% of the shares of Sociedad Minera Vicus Exploraciones S.A.C. from Aurania Resources Ltd. for a consideration of 350,000 common shares of Palamina and a 1% Net Smelter Return royalty. Palamina may buy back half of the NSR for $1,000,000. Palamina has an "acquire and hold" strategy [...]
Palamina Corp. announces initial assay results from its first 2024 field campaign in the Sol de Oro Zone at its 100% owned Usicayos Gold Project. Usicayos is located in southeastern Peru and hosts a 4.5 km long mineralized orogenic gold trend to include the southwestern SDO Zone, the central Cayos Zone, and the northeastern Veta Zone. In 2024 [...]
