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. 

Through mapping and surface sampling, Palamina Corp. Palamina Corp. (PA:TSX.V; PLMNF:OTC.MKTS) found a large-scale zone of anomalous gold mineralization in the Veta area, one of the highest priority targets, of its Coasa gold project in southeastern Peru's Puno orogenic belt.

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. 

With a geological team with over 35 years experience in the belt and an enviable portfolio of district scale gold properties yet to be drill tested that have been ground-truthed by informal miners, Palamina’s odds for success are above average. 

The Puno Gold Belt, is experiencing a modern-day gold rush as ever more companies stake properties in the area.

Palamina Corp (TSXV: PA – $0.30 & OTC: PLMNF – $0.23) is a very attractive resource Company, because it is directed by a group of proven mine finders, and it is active in one of the most prolific gold belts in the Americas.