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  • Yesterday

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    • 23 hours ago by Newsfile
      Companies Mentioned: HELOF, PLMNF

      Toronto, Ontario--(Newsfile Corp. - November 4, 2024) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has completed the first six holes and tested two of three zones in its inaugural drilling program in the Sol De Oro Zone ('SDO') at its Usicayos gold project in SE Peru. The host shear structure at SDO is approximately 1.5 km in width by 2.2 km in strike length. Mineralization is found along continuous ductile deformation zones with abundant quartz veining occurring parallel to foliation. These mineralized zones are defined as "mantos" dipping northwards and southwards towards a major NW-SE fault interpreted as a "flower structure". A total of 1,685 metres of diamond drilling have been completed with three holes at SDO East ('SDO E') and three holes at SDO South ('SDO S'). The drill is now being moved to SDO North ('SDO N') where two drill holes are planned (Figure 3).

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