Esperanza Silver Copper Manganese Project
Palamina holds 4 projects in the Santa Lucia District
100% interest
60.75 hectares
Department of Puno, south-eastern Peru
Overview, Infrastructure & Geology
Palamina holds 100% of the mineral rights to the Esperanza concession covering a 60.75 hectare area located in the Santa Lucia district in southeastern Peru. Esperanza is located 50 km southwest of Juliaca in the department of Puno where Palamina has its regional field office. Other polymetallic mines in the district include the Berenguela, Santa Bárbara, Tacaza and Santa Rosa mines. It benefits from excellent infrastructure with good road access and water resources. No drilling has ever been carried out on the Esperanza claim.
Esperanza lies adjacent to Aftermath Silver Ltd.’s (TSXV: AMM) Berenguela silver copper manganese project which is hosted within a surface area of approximately 50 hectares. Berenguela hosts a current mineral resource estimate of 122.5 million ounces of silver in the Measured and Indicated categories and an additional 22.0 million ounces silver in the Inferred category.
Palamina commissioned ALS Goldspot to acquire and process WorldView-3 data to generate a hyperspectral map of the whole Santa Lucia district. Initial results confirm that manganese minerals are the primary pathfinders for CRD-type mineralization in the region and that the main Berenguela manganese trend extends into the Esperanza concession.
Manganese is also the key pathfinder at Palamina’s 100%-owned Galena silver copper manganese project and at the nearby historic Santa Barbara and Berenguela CRD mines. At Galena, recently released soil sampling results show that strong manganese anomalies coincide with outcropping silver and base-metal mineralization (NR December 1, 2025). Palamina plans to conduct detailed geological mapping and sampling at Esperanza in early 2026.
