Palamina Reports Exploration Results & Land Consolidation at its Galena Silver Copper Project

Palamina Corp. (TSXV:PA - OTCQB:PLMNF) has received additional assay results from two additional 2022 geochemical and hand trenching programs and has consolidated and increased its land package at its Galena Silver Copper Project in SE Peru.Galena sits at the juncture of the Santa Lucia mining district to the northeast and within what is referred to locally as the Las Bambas copper trend to the northwest. 

Palamina Receipts US$50,000 Advance Royalty Payment from Winshear Gold Corp.

Palamina Corp. (TSXV:PA - OTCQB:PLMNF) has received a US$50,000 Advance Royalty (“AR”) payment from Winshear Gold Corp. (TSX.V:WINS). The AR payment was due pursuant to a property purchase agreement signed and approved on September 19, 2019 which outlines annual AR anniversary payments and a 2% NSR royalty per project subject to terms of the purchase agreement.

Palamina Secures 100% of the Mineralized Gold Trend at the Usicayos Gold Project

Palamina Corp. (TSXV:PA - OTCQB:PLMNF) On June 9, 2022 Palamina paid US$ 44,000 to acquire 100 % of a 200 hectare titled internal concession at the Usicayos Gold Project. An additional US$ 11,000 is being held in trust to be paid on notification from the Registro Publicos that the titled claims have been transferred and fully registered to Palamina S.A.C. (Palamina’s Peruvian subsidiary). Palamina now holds 100% title interest to 14,012 hectares at Usicayos with no underlying payments or royalties.

Palamina Resumes Drillng at the Usicayos Gold Project

Palamina Corp. (TSXV:PA - OTCQB:PLMNF) has restarted its drilling program at the Usicayos Gold Project in southeastern Peru post the end of the rainy season. In the first quarter of 2022, Palamina worked with independent geological consultants and GoldSpot Discoveries to complete 3D modelling of the drilling carried out in 2021 in the Veta Zone to optimize the position of the first drill hole VE-5-2022.

Palamina resumes exploration at the Lagos Silver Copper Project

Palamina Corp. (TSXV: PA - OTCQB: PLMNF) resumed exploration at its 100% owned Lagos Silver Copper Project in late November of 2021 conducting a mapping / sampling program, short magnetometer survey and test Induced Polarization (IP) study before year end. Palamina is proceeding with more sampling and mapping, a pole-dipole IP survey and has commenced an FTA environmental study in order to permit up to 20 drill pads.

Palamina releases drill results from its maiden drill program at the Usicayos gold project

Palamina Corp. (TSXV: PA - OTCQB: PLMNF) completed 4 diamond drill holes for a total of 1,704.50 metres (‘m’) in December 2021. All assay results from core intervals of interest have now been returned. The first 4 drill holes were completed in the Veta Zone which consists of multiple mineralized gold structures defined at surface over an 800 metre strike length. Drilling to date has tested 600 metres of strike length.