Palamina Corp. (PA:TSX.V; PLMNF:OTC.MKTS) announced the Cayos zone, at its southeastern Peru project, returned 3 meters (3m) of 30.5 grams per ton (30.5 g/t) gold, "which represents the company's best channel sample to date at Coasa," President Andrew Thomson said in a news release.
Palamina Corp. is a Company I was introduced to back at the Sprott Conference over the summer. The Company spent 2017 acquired and consolidating a large land package in Peru consisting of almost 77,000 acres over 5 properties.
Entre los años 2017 y 2025, se proyecta un incremento de 14% en la demanda de litio debido a la industria de vehículos eléctricos, cuya demanda a su vez, se espera tenga un incremento anual mayor al 15%.
Palamina (TSXV: PA; US-OTC: PLMNF) is continuing to expand the Veta gold zone at its Coasa gold project in south eastern Peru. The company discovered high-grade gold at surface at Veta when it channel sampled 19.6 grams gold per tonne...
Despite its faults and recent episodes of corruption and political drama, Peru continues to be perceived as a favorite destination for mining investors. This is proven by the renewed dynamism of its exploration market and by the recent investment announcements.
The bottom line is that although gold looks weak to me in the near-term, Palamina has managed to put together some of the most prospective land packages in the entire junior space.