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Palamina Extends Known Gold Mineralization in the Sol De Oro North Zone at the Usicayos Gold Project
Toronto, Ontario--(Newsfile Corp. - March 25, 2025) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) ...
About this update from Palamina Corp.
[{"type":"text","content":"Palamina Extends Known Gold Mineralization in the Sol De Oro North Zone at the Usicayos Gold ProjectToronto, Ontario--(Newsfile Corp. - March 25, 2025) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) announces assay results from field work completed in February of 2025 in the Sol de Oro (\"SDO\") North zone at its 100% owned Usicayos gold project in Peru. Limited mapping and sampling programs are being completed in advance of a planned 2025 drill program.Highlights:A broad new mineralized shear zone identified southeast of SDO North The new mineralized shear zone is located midway between the SDO North and SDO East zones indicating strong continuity over a +1km strike lengthTarget area for SDO North resource definition drilling program has doubled in widthAndrew Thomson, President of Palamina, commented, \"In 2024, Palamina's first two drill holes ever in the SDO North zone identified two broad zones of continuous gold mineralization open to the south, east and at depth. In February of 2025, our field crews have extended the initial 500 x 200 metre wide zone by another 200 metres to the south east. In 2025, a drill program is planned to test the SDO N zone to the south and test the juncture of the SDO North and SDO South zones.\"Figure 1: Planned 2025 drill target areas to test extension of SDO N to the south and juncture of SDO N & SDO S structuresTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4727/245902_4545dd67945af9c1_002full.jpg Palamina's most recent mapping and sampling program identified a new shear zone located approximately 200 metres southeast of the SDO North mineralized zones. Individual mineralized shears within the broader zone are approximately 2 metres thick at surface and dip at a low angle to the south. Gold is associated with quartz veining within the shear zone. Continuous channel sampling in this area yielded up to 1m @ 7.86 g/t Au (see Figure 2 below). These shear zones are interpreted to be subparallel to the mineralized zones identified in drill holes USI24-07 (35m @ 0.75 g/t Au including 2m @ 8.45 g/t Au) and USI24-08 (52m @ 0.72 g/t Au including 8m @ 2.59 g/t Au). Palamina geologists believe that the SDO North mineralized zones may potentially be continuous where systematic drilling is required to define the full extent and continuity of the mineralized ...