Palamina Wins with Winshear US$30,000,000 Settlement
2023-10-16 06:28:43 Toronto, Ontario–(Newsfile Corp. – October 16, 2023) – Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) equity/royalty partner Winshear Gold Inc. (TSXV: WINS) (“Winshear”) has received a settlement payment of US$30,000,000 from the Tanzanian Government as compensation for the expropriation of Winshear’s SMP gold deposit in Tanzania. Palamina holds 13,422,000 common shares and 1,321,000 warrants […]
Palamina Completes $750,000 Private Placement
2023-06-15 12:48:13 Toronto, Ontario–(Newsfile Corp. – June 15, 2023) – Palamina Corp. (TSXV: PA) (“Palamina” or the “Company“) has closed its non-brokered private placement offering (the “Offering“) announced on May 15, 2023. The Company raised a total of $750,000 for the issuance of 6,000,000 units (the “Units“) at a price of $0.125 per Unit. Each […]
Palamina Receives Approval to Drill in the Cayos and Sol De Oro Zones at the Usicayos Gold Project in Peru
2023-04-05 05:08:03 Toronto, Ontario–(Newsfile Corp. – April 5, 2023) – Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has received approval of the modification of its Environmental Impact Study or Declaración de Impacto Ambiental permit (“DIA”) to include the newly acquired Sol de Oro (“SDO”) and Cayos Zones. The DIA allows for up to 40 drill pads. […]
Palamina Returns 5.1 g/t Gold over 4 Metres at Surface and 15.4 g/t Gold over 2.7 Metres Underground at the Usicayos Gold Project
2023-01-30 05:35:54 Toronto, Ontario–(Newsfile Corp. – January 30, 2023) – Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) completed its second field program in the Sol de Oro Zone (“SDO”) at the Usicayos Gold Project in December 2022. Palamina acquired the SDO Zone in June of last year. At Usicayos a 4.5 km mineralized gold trend has […]
Palamina Management and Board Changes
2022-11-30 06:00:05 Toronto, Ontario–(Newsfile Corp. – November 30, 2022) – Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) welcomes the appointments of Peter Bojtos P.Eng. as a new director and Michael Farrant as Chief Financial Officer (“CFO”) effective November 30, 2022. Peter Bojtos is replacing departing director Hugh Agro and Michael Farrant replacing departing CFO Brian Jennings. […]
Palamina Sol De Oro Zone Returns 0.9 Metres of 200 g/t Gold at the Usicayos Gold Project
2022-09-20 07:24:44 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 […]
Palamina Reports Exploration Results & Land Consolidation at Its Galena Silver Copper Project
2022-09-14 05:40:41 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 […]
Palamina Intersects More Gold at the Usicayos Gold Project
2022-07-06 05:14:54 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 […]
Palamina Resumes Drilling at the Usicayos Gold Project
2022-05-16 05:46:07 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 […]
Palamina Resumes Exploration at the Lagos Silver Copper Project
2022-02-09 07:35:20 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 […]
Palamina Releases Drill Results from Its Maiden Drill Program at the Usicayos Gold Project
2022-01-17 07:31:43 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 […]