Palamina Corp. has completed heliborne geophysical surveys over its Coasa, Gaban and Cori gold projects in the Puno Orogenic Gold Belt of Peru. In the POGB, gold mineralization frequently has an association with disseminated magnetic pyrrhotite hosted by quartz veins within regional shear zone structures. Palamina believes results from the [...]
Palamina Corp. has conducted a reconnaissance sampling program in the recently defined Cayos gold zone south of the Veta gold zone at its Coasa Gold Project in south eastern Peru. On September 25, 2018, Palamina reported the discovery of 4 visible gold zones at Veta where chip sampling returned up to 620 g/t gold and channel sampling up to 1.8 [...]
Palamina Corp.'s recent field campaign at its Coasa Gold Project in south eastern Peru continues to confirm the presence of high grade gold at surface in the Veta Zone where continuous channel sampling returned 1.8 metres of 19.6 g/t gold and 0.9 metre of 103 g/t gold. The recently discovered zone of surface gold mineralization has now expanded to [...]
Palamina Corp. reports that New-Sense Geophysics Limited has commenced a 3,083 line kilometer heliborne geophysical survey over its Coasa, Gaban and Cori gold projects in the Puno Orogenic Gold Belt in south-eastern Peru. In the POGB, gold mineralization frequently has an association with magnetic pyrrhotite within swarms of orogenic quartz veins [...]
Palamina has completed further staking to increase its title and application mining exploration rights to 18,900 hectares at the Bendi Gold Project in the Puno Orogenic Gold Belt in southern Peru. The new staking was based on Palamina's current understanding of prospective geological structures in the Benditani Mine district and their relationship [...]
A trading halt was imposed by IIROC following the dissemination of Palamina's July 5 news release at 9:00 a.m. Toronto time, whereby IIROC requested clarification of certain statements. Clarifications and an amended release follow: Palamina was informed that use of the words visible gold in the title of the news release is overly promotional and [...]
Palamina Corp. has discovered a new orogenic gold zone in the Veta target area at its Coasa Gold Project in south-eastern Peru. At Coasa, nine separate orogenic gold anomalous target areas have been prioritized into low, intermediate and high priority anomalies. Palamina´s latest sampling campaign focused on gaining an understanding of the [...]
Palamina has completed further staking to expand its five 100% owned, district-scale gold projects in the Puno Orogenic Gold Belt located in southeastern Peru. The POGB is one of the least explored known orogenic gold belts. Palamina's projects in the POGB now cover over 77,000 hectares. All projects have been ground-truthed by artisanal [...]
Palamina has contracted New-Sense Geophysics Limited to conduct heliborne geophysical aeromagnetic-radiometric surveys on its Coasa, Gaban and Cori gold projects in south-eastern Peru. To date Palamina has acquired 5 projects in the Puno Orogenic Gold Belt including Coasa, Gaban and Cori. Known orogenic gold deposits within the POGB have a strong [...]
TORONTO, April 06, 2018 -- Palamina Corp. announced that it has granted 950,000 incentive stock options to certain officers, directors and consultants of the Company under its Stock Option Plan. All options are exercisable at $0.39 per common share. The options granted to officers and directors expire in 5 years and the options granted to the [...]
Palamina has closed a non-brokered private placement offering of 7,166,667 Units at a purchase price of $0.30 per Unit, for aggregate gross proceeds of $2,150,000. On February 1, 2018, Palamina announced a $2,000,000 placement but due to demand elected to increase the placement by $150,000 yet remain under 30,000,000 shares outstanding. After [...]
Palamina is pleased to announce that it will conduct a non-brokered private placement offering of up to 6,666,667 units at a purchase price of $0.30 per Unit, for aggregate gross proceeds of up to $2,000,000. Each Unit consists of one common share and one warrant. Each Warrant is exercisable to acquire one Common Share at a price of $0.50 for a [...]
