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Palamina Reports Exploration Results & Land Consolidation at Its Galena Silver Copper Project

Toronto, Ontario--(Newsfile Corp. - September 14, 2022) -   Palamina Corp. (TSXV: PA) (O...

articlePalamina Corp.September 14, 20225/company/palamina-corp/news/palamina-reports-exploration-results-and-land-consolidation-at-its-galena-silver-copper-project
Palamina Reports Exploration Results & Land Consolidation at Its Galena Silver Copper Project

About this update from Palamina Corp.

[{"type":"text","content":"Palamina Reports Exploration Results & Land Consolidation at Its Galena Silver Copper ProjectToronto, Ontario--(Newsfile Corp. - September 14, 2022) -  Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has received additional assay results from two additional 2022 geochemical and hand trenching programs and has consolidated and increased its land package at its Galena Silver Copper Project in SE Peru. Galena sits at the juncture of the Santa Lucia mining district to the northeast and within what is referred to locally as the Las Bambas copper trend to the northwest. In April of 2022, Palamina staked an additional 4,800 hectares based on recommendations from a desktop study of the Santa Lucia district produced by Earthlabs Inc. (formerly GoldSpot Discoveries Corp.) and in July 2022 concluded the acquisition of 100% of two internal titled claims, Gaspar and Chaparro, covering known mineralization that was historically explored by limited tunneling. Palamina now holds 100% interest to 12,830 hectares at the Galena Silver Copper Project. No drilling has ever been carried out within the area of the Galena concessions.Palamina believes the historic Santa Rosa mine area in the Rosa Zone and the Gris Zone have the potential to host a Ag-Cu Carbonate Replacement Deposit ('CRD') similar to others within the Santa Lucia mining district. A total of 361 samples were collected in the second and third quarter of 2022 in the Rosa and Gris Zones to better define and understand a possible northeast structural trend through mapping and geochemical sampling. Maps follow that include rock, chip and soil sampling locations. Five select samples from each zone from the most recent sampling campaigns follow:ZONESAMPLESAMPLELENGTHAg*CuPbTYPEmetresg/t%%ROSAOutcropChip-Channel27074.50.2ROSAOutcropChip-Channel2284 10.8ROSAOutcropChip-Channel21580.70.4ROSAOutcropChip-Channel21010.50.6ROSAOutcropChip-Channel2 831.20.4GRISOutcropChip-Channel2 90 0 24.0GRISOutcropChip-Channel2 49 0 11.4GRISOutcropChip-Channel2 440.23.6GRISOutcropChip-Channel2 370.33.3GRISOutcropChip-Channel2 360.14.4  *Select samples from most recent exploration programs in 2022 with highest silver values for each zone\"Over the summer Palamina carried out additional staking and acquired two internal titled claims in order to consolidate the Galena land position in the Santa Lucia district. Re...

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