Palamina Corp.

A trading halt was imposed by IIROC following the dissemination of Palamina's July 5 news release at 9:00 a.m. Toronto time, whereby IIROC requested clarification of certain statements. Clarifications and an amended release follow: Palamina was informed that use of the words visible gold in the title of the news release is overly promotional and has omitted it in the amended version of the July 5, 2018, release attached [...]

Palamina Corp. has discovered a new orogenic gold zone in the Veta target area at its Coasa Gold Project in south-eastern Peru. At Coasa, nine separate orogenic gold anomalous target areas have been prioritized into low, intermediate and high priority anomalies. Palamina´s latest sampling campaign focused on gaining an understanding of the potential of the highest priority Phusca and Veta anomalies. At Veta, recent [...]

Palamina has completed further staking to expand its five 100% owned, district-scale gold projects in the Puno Orogenic Gold Belt located in southeastern Peru. The POGB is one of the least explored known orogenic gold belts. Palamina's projects in the POGB now cover over 77,000 hectares. All projects have been ground-truthed by artisanal, small-scale and informal miners who are generally limited to mining gold from the [...]

Palamina has contracted New-Sense Geophysics Limited to conduct heliborne geophysical aeromagnetic-radiometric surveys on its Coasa, Gaban and Cori gold projects in south-eastern Peru. To date Palamina has acquired 5 projects in the Puno Orogenic Gold Belt including Coasa, Gaban and Cori. Known orogenic gold deposits within the POGB have a strong structural control where free gold occurs in association with pyrrhotite and [...]

TORONTO, April 06, 2018 -- Palamina Corp. announced that it has granted 950,000 incentive stock options to certain officers, directors and consultants of the Company under its Stock Option Plan. All options are exercisable at $0.39 per common share. The options granted to officers and directors expire in 5 years and the options granted to the consultants expire in 3 years. ABOUT PALAMINA Palamina is directed by a group of [...]

Palamina has closed a non-brokered private placement offering of 7,166,667 Units at a purchase price of $0.30 per Unit, for aggregate gross proceeds of $2,150,000. On February 1, 2018, Palamina announced a $2,000,000 placement but due to demand elected to increase the placement by $150,000 yet remain under 30,000,000 shares outstanding. After giving effect to the financing Palamina has 29,621,381 shares outstanding. Each [...]

Palamina is pleased to announce that it will conduct a non-brokered private placement offering of up to 6,666,667 units at a purchase price of $0.30 per Unit, for aggregate gross proceeds of up to $2,000,000. Each Unit consists of one common share and one warrant. Each Warrant is exercisable to acquire one Common Share at a price of $0.50 for a period of 18 months from the closing date, provided that if after four months [...]

Palamina has purchased the mining rights to two contiguous concessions within the Gaban Gold Project with a view to locating the source of artisanal coarse alluvial gold being mined along the Yanamayo river. By acquiring 100% of the mining rights to the Minera San Gaban and Aurifera San Gaban claims, Palamina has secured the mining rights to 85 % of an area bound on all sides by four mountain ridges where geochemical [...]

Palamina through its 100% owned Peruvian subsidiary Palamina S.A.C, made application for an additional 18 claims covering 9,700 hectares in the Department of Puno. Palamina S.A.C. currently has a total of 50 mining claim applications totaling 32,600 hectares in Peru. Gaban Gold Project: A further 700 hectares were staked for a total 6,100 hectares under application. The Gaban mining claim application area sits at an [...]

Palamina today announced that Jose Vizquerra-Benavides has resigned from the board of directors and will continue his support as a member of Palamina's advisory board. Palamina thanks Mr Vizquerra-Benavides for his support and advice as a director and welcome him as an advisor. Mr. Alistair Waddell, a director of Palamina, has agreed to become a member of the audit committee and assume Mr. Vizquerra-Benavides [...]