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Palamina Extends Mineralized Footprint at the Coasa Gold Project in Peru
Toronto, Ontario--(Newsfile Corp. - August 26, 2019) - Palamina Corp. (TSXV: PA) has completed 3 sampling and mapping campaigns at its flagship Coasa Gold Proje
About this update from Palamina Corp.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - August 26, 2019) - Palamina Corp. (TSXV: PA) has completed 3 sampling and mapping campaigns at its flagship Coasa Gold Project in 2019 while it awaits processing of drill permits for the Veta Gold Zone. A total of 44 grab and 31 channel samples were completed on the first campaign in the Veta and Cayos Gold Zones. In the first campaign 44% of all samples returned values above 0.4 g/t Au and are reported below. Highlights of sampling at the Veta Zone are reported as follows: SAMPLENUMBER ZONE SAMPLELOCATION SAMPLETYPE* SAMPLELENGTH (m) GOLDg/t 4127 Veta Outcrop Grab N/A 7.75 4130 Veta Sub outcrop Grab N/A 1.46 4142 Veta Sub outcrop Grab N/A 1.54 4148 Veta Sub outcrop Grab N/A 2.05 4155 Veta Outcrop Grab N/A 1.09 4162 Veta Outcrop Grab N/A 0.60 4164 Veta Outcrop Grab N/A 0.58 4166 Veta Outcrop Grab N/A 2.25 4167 Veta Outcrop Grab N/A 1.16 4168 Veta Outcrop Grab N/A 2.10 4174 Veta Outcrop Grab N/A 1.16 4159 Veta Outcrop Grab N/A 2.39 4160 Veta Outcrop Grab N/A 1.19 4139 Veta Outcrop Grab N/A 0.77 4140 Veta Outcrop Grab N/A 0.81 4156 Veta Outcrop Channel 1.0 0.42 4158 Veta Outcrop Channel 1.0 0.60 4132 Veta Sub outcrop Channel 2.3 0.40 4144 Veta Sub outcrop Channel 1.9 0.85 4145 Veta Sub outcrop Channel 1.0 0.84 4147 Veta Sub outcrop Channel 1.0 0.51 *Reported assay values are uncut. Grab samples are select samples not typically representative of mineralization in strike or thickness. Channel samples are designed to intersect targeted lithologies across known strike of lithologies being sampled. Highlights of sampling at the Cayos Zone are reported as follows: SAMPLENUMBER ZONE SAMPLELOCATION SAMPLETYPE* SAMPLELENGTH (m) GOLDg/t 4102 Cayos Outcrop Grab N/A 7.63 4111 Cayos Outcrop Grab N/A 36.06 4112 Cayos Outcrop Grab N/A 1.62 4115 Cayos Outcrop Grab N/A 1.12 4116 Cayos Outcrop Grab N/A 1.53 4117 Cayos Outcrop Grab N/A 1.60 4119 Cayos Outcrop Grab N/A 7.62 4121 Cayos Outcrop Grab N/A 6.54 4122 Cayos Outcrop Grab N/A 0.83 4181 Cayos Outcrop Grab N/A 4.36 4182 Cayos Outcrop Grab N/A 0.41 4178 Cayos Outcrop Channel 0.15 4.72 4179 Cayos Outcrop Channel 0.15 0.69 *Reported assay values are uncut. Grab samples are select samples not typically representative of mineralization in strike or thickness. Channel samples are designed to intersect targeted lithologies across known strike of lithologies b...