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Bullboard - Stock Discussion Forum Palamina Corp V.PA

Alternate Symbol(s):  PLMNF

Palamina Corp. is a gold exploration company with a land bank of gold projects in the Puno Orogenic Gold Belt in southeastern Peru. The Company’s projects include Usicayos Gold Project, Panorama Gold Project, Cristel Gold Project, Yin Gold Project, Bendi Gold Project, Cori Gold Project, Inca Gold Project, and Pluma Copper Silver Project. The Usicayos Gold Project is located near the town of... see more

TSXV:PA - Post Discussion

Palamina Corp > Palamina Samples 26.67 GPT Gold over 2 Metres
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Post by Betteryear2 on May 29, 2024 3:41pm

Palamina Samples 26.67 GPT Gold over 2 Metres

Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) announces initial assay results from its first 2024 field campaign in the Sol de Oro Zone ("SDO") at its 100% owned Usicayos Gold Project. Usicayos is located in southeastern Peru and hosts a 4.5 km long mineralized orogenic gold trend to include the southwestern SDO Zone, the central Cayos Zone, and the northeastern Veta Zone. In 2024, inaugural drill programs are planned in the SDO Zone then the Cayos Zone later in the year. Drill pads in the SDO zone are under construction and a drill camp is being reconditioned for the upcoming drill program (Figure 3). In the interim the first of two geochemical sampling programs and a structural study to better understand mineralization controls has been completed at SDO. A drone borne topographic and magnetic survey over the entire 4.5 km trend extending from Sol de Oro to Veta is being completed to establish better controls and further define drill targets. Drilling is scheduled to commence in early July.

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