Palamina Corp. 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 [...]
Palamina Corp. is pleased to announce that it has closed its non-brokered private placement 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 at the price of $0.25 per Unit. Each Unit consists of one common share and one warrant . Each whole Warrant is exercisable to [...]
Palamina Corp. is pleased to announce that due to investor demand it will increase the size of its previously announced non-brokered private placement offering from up to $3,000,000 to up to $5,000,000 . The Offering will now be up to 20,000,000 units at a purchase price of $0.25 per Unit, with each Unit consisting of one common share and one [...]
Palamina Corp. is pleased to announce that it will conduct a non-brokered private placement offering of up to 12,000,000 units at a purchase price of $0.25 per Unit, for aggregate gross proceeds of up to $3,000,000. Each Unit consists of one common share and one warrant . Each whole Warrant is exercisable to acquire one Common Share at a price of [...]
Palamina Corp. has received its Authorization to Initiate Exploration Activities permit to commence drilling on its Coasa Gold Project in Peru. In December of 2019, Palamina received its Declaración de Impacto Ambiental permit which allows for up to 40 drill pads in the Veta Zone at Coasa. Palamina has spent over US$ 2M on exploration at Coasa [...]
Palamina Corp. announces that due to the restrictions and guidelines on public gatherings issued this past Friday by the Ontario government, the Corporation will be hosting its annual and special meeting of shareholders this coming Wednesday November 25, 2020 at 4:00 p.m. virtually. Any shareholder who wishes to attend the Meeting may only attend [...]
Palamina Corp. has completed additional sampling in the Veta NE and Veta Zones at the Coasa Gold Project. Channel sampling in the newly discovered Veta NE Zone returned values up to 90.3 g/t Au over 1.30 m. The Veta NE Zone is located 500 m NE of the Veta Zone and only two rounds of channel sampling have been carried out to date. Continued sampling [...]
Palamina Corp. announces results from the recent channel sampling program and provides an update on preparations for drilling at its Coasa Gold Project in SE Peru. Palamina has identified an eighth gold bearing structure at the Veta Zone. Seven zones were highlighted in Palamina's Press Release dated July 7, 2020. The most recent channel sampling [...]
Palamina Corp. has been issued an additional 400,000 common shares of Winshear Gold Corp. for a total 10,000,000 common shares completing the sale of the Gaban Gold and Tinka I.O.C.G. projects. Winshear Gold also provided Palamina a US$25,000 annual advance royalty payment as required under the property purchase agreement. Annual advance royalty [...]
Andrew Thomson has today filed an early warning report advising of his acquisition of an aggregate of 72,500 common shares of Palamina Corp. in the market on September 4, 2020. The Shares were purchased at an average price of $0.28 per Share for total aggregate consideration of $20,300. The Acquiror was also granted 75,000 stock options at an [...]
Palamina Corp. has appointed two new members to the company's board of directors, effective immediately. Joining the board are Christina McCarthy and Sean Spraggett. Christina will serve on the Audit Committee and Sean Spraggett on the Compensation Committee. "On behalf of Palamina's Board of Directors, I am pleased to welcome Christina McCarthy [...]
Palamina Corp. has resumed exploration at its 100% owned Coasa Gold Project in south eastern Peru. Drill pad construction is underway, in addition to completion of the field camp in the Veta Zone. Mapping and sampling is also being carried out. Palamina is awaiting approval of the Company's Initiation of Activities application in order to commence [...]
