ICA I.O.C.G. Project
100% INTEREST WINSHEAR GOLD CORP.
2,198 HECTARES UNDER APPLICATION
SOUTHERN PERU
On April 11, 2025 Palamina received notice from Winshear that they have offered to return 100% ownership of the Gaban Gold and Ica Copper Gold projects to Palamina as per the May 14, 2019 purchase and sale agreement. Palamina has advised Winshear that it intends to take back ownership of both projects. Palamina is conducting a review of the claim blocks for both properties and may only retain a portion of the claims.
On April 25, 2025, Palamina disposed of 4,833,333 Winshear Shares, representing approximately 15.38% of the issued and outstanding Winshear Shares, for gross proceeds of $290,000 (or $0.06 per Winshear Share), and no longer holds, directly or indirectly, nor exercises control or direction over, any Winshear Shares.