Palamina Samples High Grade Silver-copper-lead Mineralization At Lagos Project In South-eastern Peru

Palamina Corp. (PA: TSX.V) has completed first pass surface sampling on its Lagos Project in Peru and has identified a number of outcropping high-grade silver-copper-lead occurrences. Individual channel samples collected from outcropping veins on the property range from detection to highs of 1,135 g/t silver, 7.3% copper and 30% lead (see tables below).

Palamina Completes First Tranche Of Private Placement

Palamina Corp. (“Palamina” or the “Company”) is pleased to announce that it has closed the first tranche of its non-brokered private placement offering (the “Offering”) announced on January 31, 2019 and February 8, 2019. In this first tranche, the Company raised a total of $1,535,500 for the issuance of 5,118,332 units (the “Units”) at the price of $0.30 per Unit.