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Palamina Channel Sampling in the Cayos Zone Returns 18.1 gpt Gold over 7 Metres at the Usicayos Gold Project
Toronto, Ontario--(Newsfile Corp. - May 6, 2025) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF): As...
About this update from Palamina Corp.
[{"type":"text","content":"Palamina Channel Sampling in the Cayos Zone Returns 18.1 gpt Gold over 7 Metres at the Usicayos Gold ProjectToronto, Ontario--(Newsfile Corp. - May 6, 2025) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF): As the 2024/2025 rainy season ends in south eastern Peru, Palamina has resumed mapping and sampling in the Sol de Oro North (\"SDO N\") and Cayos zones at its 100% owned Usicayos gold project. Palamina is revising its 2025 drill program plans to test each zone, both of which are permitted for drilling. The two best drill intercepts of the 2024 drill program were obtained from SDO N where the Cayos zone is located to the north east. The most recent sampling of rock outcrop was carried out in the gap between the known mineralized zones and has defined several new NW-SE shear zones with superior gold grades and widths in the western portion of the Cayos zone. The Cayos zone has never been drill tested.In April 2025, ongoing mapping and sampling was designed to systematically test the continuity of gold-bearing structures and to map the main geological controls, aimed at guiding the upcoming drill program. Systematic channel sampling in completely new areas has returned the following select results and most significant surface geochemical results to date at Usicayos:ZoneChannel Interval (m)*Gold (g/t)Cayos CAY001-25211.3Including82.3Cayos CAY002-2538.5Cayos CAY003-253.70.4Cayos CAY004-255.64.9Cayos CAY005-254.21.1Cayos CAY006-25718.1Cayos CAY007-2535.3Cayos CAY008-2560.3Cayos CAY009-2520.3SDO NSDN019-25100.5SDO NSDN020-25212.3Cayos CAY021-2518.51.4Cayos CAY022-255.10.2Cayos CAY023-25150.1Cayos CAY024-255.20.7Cayos CAY025-2533.2Cayos CAY026-257.27.3 \"Sampling in the Cayos zone has identified previously unknown high grade gold systems within two new NW-SE shear zones. The most significant channel sampling results were from the western most shear which returned 18.1 g/t Au over 7 metres from west to east. The current strike length of the western most shear is at least 350 metres in length and remains open in both directions. In 2025, Palamina plans more drilling in the SDO N zone to the south, to test for a possible mineralized feeder zone target between SDO N and SDO S where structures converge and conduct a maiden drill program in the Cayos zone,\" commented Andrew Thomson, President and CEO of Palamina.Cayos zone geochemical map ...