New Risk • May 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.9m free cash flow). Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$15.8m market cap, or US$11.6m). New Risk • Jan 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 16% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$1.5m). Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Market cap is less than US$100m (CA$15.4m market cap, or US$11.2m). New Risk • Jan 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$1.5m). Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$15.4m market cap, or US$11.1m). Annuncio • Dec 17
Palamina Corp. announced that it has received CAD 2.73 million in funding On December 16, 2025, the Palamina Corp closed the transaction by issuing 8,765,000 units at an issue price of CAD 0.125 for the proceeds of CAD 1,095,625 under second and final tranche. All securities issued pursuant to the second tranche of the Offering are
subject to a statutory hold period ending April 17, 2026. Sean Spraggett, a director of company purchased a total of 112,000 Units. The Company paid an eligible person (the "Finder") a cash finder's fee of CAD 23,287 and issued 186,300 finder's warrants (“Finder Warrants”) equal to six percent of the aggregate number of Units sold under the Offering attributable to the Finder. Recent Insider Transactions • Dec 09
President recently bought CA$95k worth of stock On the 3rd of December, Andrew Thomson bought around 7k shares on-market at roughly CA$13.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Andrew has been a buyer over the last 12 months, purchasing a net total of CA$267k worth in shares. New Risk • Nov 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$1.1m). Revenue is less than US$1m. Market cap is less than US$10m (CA$11.0m market cap, or US$7.86m). Minor Risk Shareholders have been diluted in the past year (18% increase in shares outstanding). Annuncio • Oct 09
Palamina Corp. announced that it expects to receive CAD 2.5 million in funding Palamina Corp. announced a non-brokered private placement offering of up to 20,000,000 units at a purchase price of CAD 0.125 per Unit for aggregate gross proceeds of up to CAD 2,500,000 on October 9, 2025. Each Unit consists of one common share and one warrant. Each Warrant is exercisable to acquire one Common Share at a price of CAD 0.20 for a period of 24 months from the closing date unless the stock trades at CAD 0.35 per share on a volume weighted average basis over a 10-day period at which point the Company may determine to accelerate the expiration date of the Warrants to 30 days following a press release announcing such. The Offering is subject to TSX Venture Exchange acceptance of regulatory filings. The Company may pay cash finder's fees and warrants to eligible persons in accordance with applicable securities laws and regulatory policies. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. New Risk • Sep 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.4m free cash flow). Negative equity (-CA$1.1m). Revenue is less than US$1m. Market cap is less than US$10m (CA$10.0m market cap, or US$7.28m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Annuncio • May 07
Palamina Corp., Annual General Meeting, Jul 09, 2025 Palamina Corp., Annual General Meeting, Jul 09, 2025. Location: ontario, toronto Canada New Risk • May 06
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.0m free cash flow). Negative equity (-CA$130k). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.81m market cap, or US$4.94m). Annuncio • Jan 21
Palamina Corp. Identifies Multiple Manganese Pathfinder Anomalies At the Galena Silver Copper Project Palamina Corp. has completed an initial systematic soil sampling program utilizing a hand held XRF (X-Ray Fluorescence) spectrometer at its 100% owned Galena Silver Copper Project in south-eastern Peru. Highlights: Over 900 soil samples collected in 3 zones. Large silver, copper, manganese anomalies outlined in areas with quaternary cover. Manganese pathfinder element for Carbonate Replacement Deposits ("CRD") in the district. NW-SE and NE-SW orientation to anomalies confirm regional metallogenic trends. Palamina intends to expand the XRF survey to cover a larger area following which a gravity geophysical survey is planned to define drill targets to test for silver-copper-manganese CRD deposits. Palamina collected 933 B-horizon and regolith samples within five zones at 100 metre intervals along lines spaced 100 metres apart. A 2 x 1.5 km manganese anomaly is centered on the southern part of the Gris anomaly in an area with little outcrop. Similar anomalies are found over the Rosa and Verde zones, confirming that Galena could host CRD mineralization with similar size and scope as the Santa Barbara and Berenguela mines located NNE of the historic Santa Rosa mine within Galena. Mineralization occurs along veins, fractures, and in autobreccia matrix, all hosted in Miocene aged Tacaza formation volcanic flows, breccia and tuff. Cretaceous aged limestone, of the same formation that hosts CRD mineralization at Berenguela, outcrops on the north side of Galena. The current XRF survey covered only a small portion (8 km2) of the target areas. Palamina intends to expand The XRF survey to cover a large 30 km2 area pursuant to which a gravity survey is planned to test for CRD type deposits under the outcropping Tertiary volcanic geology. Technical Note on Soil Sampling. All soil samples were collected by Palamina geologists and local assists. In most cases, the "B-horizon" of the soil profile was collected. Only 200g of sample material is collected from each site, from which a soil sample pellet was produced. The pellet was subsequently dried and analyzed by a portable XRF (pXRF). Each sample was analyzed four times before entering the calculations average value for each element into the database. The method is designed to minimize the risk of contamination and ground disturbance. Certified reference material, blanks and field duplicates are routinely added to monitor the quality of the pXRF data. The technical information herein has been reviewed and approved by Alvaro Fernandez-Baca, P. Geo., a Qualified Person as defined by National Instrument 43-101. Mr. Fernandez-Baca is Vice-President, Exploration of Palamina. Annuncio • Oct 17
Palamina Corp. Partners in Two Separate Drilling Programs in the Puno Orogenic Gold Belt Palamina Corp. announced it is drilling at its Usicayos Gold Project in the Puno Orogenic Gold Belt in south eastern Peru where the Company has 6 distinct exploration projects. Three diamond drill holes have been completed in the SDO East Zone at Usicayos. A fourth hole in the SDO South Zone is complete with hole 5 underway. Palamina is now reaching the halfway point in its 3,000 metre drilling program. At the same time, Winshear Gold Corp, in which Palamina has a 15.4% equity interest, has commenced an inaugural 1,600 metre drilling programme in the Coritiri zone at its Gaban Project, also located in the POGB. Palamina sold Gaban to Winshear and retains a 2% Net Smelter Return royalty. Both these drilling programmes are targeting the possible bedrock source for the gold in the 1,900 square kilometres alluvial goldfields in the Madre de Dios basin to the north. The POGB is one of the world's least formally explored orogenic gold belts where the intercontinental highway, completed in 2008, has provided road access and spurred on a modern day gold rush at Madre de Dios. Palamina's gold projects in the POGB have been partially ground-truthed by historic as well as current artisanal, small-scale and informal miners who are generally limited by operating conditions to mining gold from no more than 50-100 metres below surface. Known mineralized orogenic gold systems in the POGB extend vertically downwards to over 1,000 metres depth. Annuncio • Sep 23
Palamina Corp. (TSXV:PA) completed the acquisition of Sociedad Minera Vicus Exploraciones S.A.C from Aurania Resources Ltd. (TSXV:ARU). Palamina Corp. (TSXV:PA) signed a share purchase agreement to acquire Sociedad Minera Vicus Exploraciones S.A.C from Aurania Resources Ltd. (TSXV:ARU) for PEN 0.16 million on June 10, 2024. As part of the agreement, Palamina Corp will acquire 100% stake in Minera. The consideration consists of issue of 0.35 million common shares of Palamina Corp and a 1% Net Smelter Return ("NSR") royalty over certain mining claims located in Peru which are held by Vicus. Palamina has the option to buy back half of the NSR for PEN 3.7796 million ($1 million)at any time. The transaction is expected to close by the end of June.
Palamina Corp. (TSXV:PA) completed the acquisition of Sociedad Minera Vicus Exploraciones S.A.C from Aurania Resources Ltd. (TSXV:ARU) on September 23, 2024. Aurania received 350,000 common shares of Palamina Corp. and was granted a 1% Net Smelter Return (“NSR”) royalty as full payment for the purchase of Vicus. Palamina has the option to buy back half of the NSR for PEN 3.7796 million ($1 million) at any time. Annuncio • Jun 10
Palamina Corp. (TSXV:PA) signed a share purchase agreement to acquire Sociedad Minera Vicus Exploraciones S.A.C for PEN 0.16 million. Palamina Corp. (TSXV:PA) signed a share purchase agreement to acquire Sociedad Minera Vicus Exploraciones S.A.C for PEN 0.16 million on June 10, 2024. The consideration consists of 0.35 million common shares of Palamina Corp and a 1% Net Smelter Return ("NSR") royalty over certain mining claims located in Peru which are held by Vicus. Palamina has the option to buy back half of the NSR for $1,000,000 at any time. Annuncio • May 03
Palamina Corp., Annual General Meeting, Jul 09, 2024 Palamina Corp., Annual General Meeting, Jul 09, 2024. Location: Toronto, ON Ontario Canada New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.1m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-CA$127k). Earnings have declined by 2.6% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$9.27m market cap, or US$6.85m). Minor Risk Shareholders have been diluted in the past year (9.2% increase in shares outstanding). New Risk • Jun 17
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Negative equity (-CA$428k). Earnings have declined by 5.4% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$7.84m market cap, or US$5.94m). Minor Risk Shareholders have been diluted in the past year (9.2% increase in shares outstanding). Annuncio • Jun 16
Palamina Corp. announced that it has received CAD 0.75 million in funding On June 15, 2023, Palamina Corp. closed the transaction. Each Unit consists of one common share and one warrant. Each whole Warrant is exercisable to acquire one Common Share at a price of CAD 0.25 for a period of two years after the date of issuance. The transaction included participation from Christina McCarthy, Sean Spraggett, Andrew Thomson and Alastair Waddell purchased the a total of 1,370,000 Units in the transaction. The Company paid an eligible person a cash finder's fee of CAD 2,625 and issued 21,000 finder's warrants equal to six percent of the aggregate number of Units sold under the transaction attributable to the Finder. Each Finder Warrant shall be exercisable to acquire one common share for a period of two years from the closing date at an exercise price of CAD 0.125 per share. All securities issued pursuant to the Offering are subject to a statutory hold period ending October 16, 2023. Annuncio • May 16
Palamina Corp. announced that it expects to receive CAD 0.75 million in funding Palamina Corp. announced a non-brokered private placement offering of up to 6,000,000 units at a purchase price of CAD 0.125 for the gross proceeds of CAD 0.75 million on May 15, 2023. Each unit consists of one common share and one warrant. Each whole warrant is exercisable to acquire one common share at a price of CAD 0.25 for a period of 24 months from the closing date. The offering is subject to TSX Venture Exchange acceptance of regulatory filings. The company may pay finder's fees to eligible persons in accordance with applicable securities laws and regulatory policies. Annuncio • Jan 31
Palamina Corp. Completes Its Second Field Program in the Sol de Oro Zone At the Usicayos Gold Project in December 2022 Palamina Corp. completed its second field program in the Sol de Oro Zone ("SDO") at the Usicayos Gold Project in December 2022. Palamina acquired the SDO Zone in June of last year. At Usicayos a 4.5 km mineralized gold trend has been defined made up of the southwestern SDO Zone, central Cayos Zone and northeastern Veta Zone. Six drill holes were completed in the Veta Zone in 2021 and 2022. The Cayos and SDO zones have never been drilled. Palamina has scheduled these zones for drill testing later this year. At Usicayos, each of the major gold mineralized zones is hosted in Ananea Formation shales and mudstones and controlled by shear zones in a flower structure pattern developed by regional thrusting. The structure at the SDO Zone is currently the widest section identified on the property, with an approximate 1.5 km width versus the 0.25 km width drill tested at the Veta Zone. Gold mineralization is found on both sides of the structure and mineralization dips steeply towards the centre. Four mineralized gold systems have been identified at SDO that are structurally well defined and continuous at surface, three at SDO South and one at SDO North. During the second mapping and sampling campaign 342 samples were taken of which 17 were underground channel samples. This program was primarily made up of channel samples designed to test the continuity of gold mineralization at surface across the SDO North and SDO South zones. Sampling was undertaken with a channel saw where permitted by outcrop profile (approximately 30%) and by hammer and chisel at the remaining locations. Detailed geological mapping and sampling have located multiple, stacked, well- mineralized shears marked by variably spaced quartz veins surrounded by lower grade haloes. At the SDO North zone, geological mapping and sampling has identified two significant shear structures. Surveying and underground channel sampling were carried out within a number of accessible historic adits driven at various elevations into the hillside, following or crosscutting gold bearing quartz vein structures. Select results from surface and underground channel samples were returned as follows: Palamina's latest geological campaign ended in mid-December 2022 at the start of the rainy season. Palamina is intending to resume exploration work in April of 2023 where further geological mapping and follow up systematic underground sampling is planned. The man portable diamond drill remains at site in the Veta zone ~300 east of the Cayos zone on the next ridge over to the northwest. Palamina has submitted an application to modify the existing environmental permit (DIA) in order to carry out a drill program in the Cayos and Sol de Oro zones. Mexico, Chile and Peru are the most democratic countries in Latin America with significant foreign investments in their mining industries. The recent Presidential change in Peru is a step towards returning to a more democratic process. Peru is a top global producer of copper, silver and gold and host many of the critical metals that have a bright future ahead as the world moves from combustion to electrification. Annuncio • Sep 21
Palamina Corp. Sol De Oro Zone Returns 0.9 Metres of 200 G/T Gold At the Usicayos Gold Project Palamina Corp. Field work completed in the newly acquired Sol de Oro Zone at the Usicayos Gold Project has returned values up to 0.9m of 200 g/t gold with multiple visible gold occurrences prospected. The most recent mapping and rock sampling focused on the Sol de Oro area. In 2021/2022 six inaugural drill holes were completed in the Veta Zone to test the north eastern portion of the 4.5 km long gold trend defined to date. SDO gold mineralization occurs over 2.2km on the south western end of the trend. Four mineralized gold structures have been located within the SDO Zone. The most recent campaign of mapping and rock sampling (247 new chip-channel samples) focused on the Sol de Oro) area, approximately 1.7 to 3 km's southwest of the zone of earlier drilling in the Veta Zone. Reconnaissance mapping and sampling followed a series of mineralized deformation zones approximately 2.2 km to the east and northeast. Host rocks are variably metamorphosed Middle Paleozoic Ananea siltstones and shales intruded by thin sills of fine-grained diorite. Airborne magnetic surveys suggest the area is underlain at depth by a younger, larger intrusive body with a similar orientation. Within the corridors of focused deformation mineralization occurs within thin, white to grey quartz veins containing pyrite, arsenopyrite and pyrrhotite. These veins can be either thin grey veins that are folded or boudinage and weakly folded or straight extensional veins of white quartz with pyrite. Visible gold was observed in both types and within boxworks in areas of weathering. Vein and veinlet frequencies range from 2 to 10m; best mineralization occurs in grey quartz within "mantos", parallel to bedding/schistosity, while cross-cutting veins are barren. Crews completed a series of rock-chip and channel samples at each target. A sample traverse was laid-out along strike then samples were taken over one metre perpendicular (as conditions permitted) to strike, spaced approximately every two metres. At SDO North four traverses were completed along a length of 130m: SDO South West three traverses along a length of 150m and at SDO South three traverses along 250m. It is expected that this rigorous sampling approach will test these structures for grade variability, possibly highlighting higher grade domains prior to drilling. Al targets are open. An updated map showing the Veta, Cayos and Sol de Oro Gold Zones in 4.5 km NE trend follows: Palamina plans to carry out a lidar topographic survey over the 4.5 km trend to provide better geological controls. In addition trenching across SDO North, South West and South areas is being completed to better define gold mineralization with a view to carrying out a drill program. Funding of a new road running from the west to the SDO and Cayos zones is being investigated. The drill remains at site in the Veta Zone with a view to next drilling the best targets in the SDO and Cayos Zones. Annuncio • Sep 15
Palamina Corp. Reports Exploration Results & Land Consolidation At Its Galena Silver Copper Project Palamina Corp. 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. In the Rosa Zone, mapping, rock sampling and soil geochemical sampling was carried out at the Santa Rosa mine, in the Rosita area 0.4 km's to the north and the Mina Rosita Huayrapata area 3 km further to the northwest. In the Gris Zone, Palamina carried out sampling of an argentiferous breccia in the newly acquired historic Chapparo mine area and north west of the historic Gaspar mine. Location maps with select historic and newly sampled silver and copper assay results follow: At Galena, Palamina geologists are pursuing epithermal, structurally-controlled mineralization expecting that it may lead to the discovery of a polymetallic carbonate-replacement deposit ("CRD") similar to the CRD deposits mined in the Santa Lucia District north of Lake Lagunillas. Galena is located south of Lake Lagunillas. Palamina is conducting further mapping and sampling in the Rosa, Rosita and Huayrapata areas that make up the Rosa Zone. Further Induced Polarization surveys are planned. Palamina has elected to suspend its FTA permit application at Galena until such time the mines department improves its processing times. Annuncio • Jul 07
Palamina Corp. Intersects More Gold At the Usicayos Gold Project Palamina Corp. has received assay results for the two recently completed core holes at the Usicayos Gold Project in southeastern Peru. Holes VE-05-2022 and VE-06-2022 were completed from drill pad 5 situated approximately 120 metres northeast of hole VE-04-20021 to test the most easterly 200 metres of the Veta Zone. Drill pad 5 was moved closer to outcropping surface mineralization. Drill hole VE-05-2022 was angled to split the difference between mineralization encountered in hole VE-04-2021 and surface. Drill hole VE-06- 2022 tested below the most easterly 200 metres of gold mineralization at surface. A total of 2,081 metres has been completed over 6 drill holes in the Veta Zone. Gold mineralization in the Veta Zone is hosted within Middle Paleozoic grey to black mudstones and siltstone, intruded by thin sills of intrusive monzodiorite and a large, later batholith. Two periods of deformation are recognized. Gold mineralization is hosted by swarms of variably spaced, folded, thin quartz veins that are best developed within corridors of deformed, highly strained sedimentary rocks. Visible gold is observed, associated with pyrite and minor arsenopyrite. The Veta Zone is 1 of 6 gold zones defined to date. A total of 6 diamond drill holes were completed over a total 800 metre mineralized gold strike length defined at surface in the Veta Zone. The Veta Zone is on the eastern end of a 4.5 km long gold structure trending northeast. Drill hole VE-01-2021 returned 1m @1.26 g/t Au, VE-02-2021 1m @ 3.09 g/t Au (visible gold in intercept), VE-03-2021 24m @ 0.5 g/t Au, VE-04-2021 11m @ 0.8 g/t Au, VE-05-2022 4m @ 0.67 g/t Au (visible gold in intercept) and VE-06-2022 11m @ 0.68 g/t Au. The Company intends to carry out field work in the Cayos, Coriwasi, Vetaflor, Sol de Oro and other newly acquired zones, including detailed sampling and mapping with a view to further drill testing. Select check assays on core samples from the Veta Zone drilling is also underway. No work is being carried out in the Veta NE Zone. The drill remains at site where the Cayos Zone is the next zone scheduled to be drilled. Palamina is in process of completing the modification of its DIA (Declaración de Impacto Ambiental) to drill the gold zones southwest of the Veta Zone. Under the current DIA Palamina can build a total of 40 drill pads where 5 drill pads have been completed to date. Palamina Corp. quality assurance/quality control (QA/QC) protocol is implemented on all its exploration projects. Prior to delivery of samples to the analytical laboratory Palamina QAQC staff insert blank samples, field duplicates and certified standards into the sample stream with the objective to provide a check on precision, accuracy and contamination in the laboratory. To assure best practice compliance, assay results are only reported once the results of internal QAQC procedures have been reviewed and approved. Samples are collected and transported by Palamina personnel to the Certimin S. A laboratory in Juliaca, Peru where they are processed and then sent for assay to the Certimin SA lab in Lima, Peru. Annuncio • May 18
Palamina Corp. Resumes Drilling at the Usicayos Gold Project Palamina Corp. has restarted its drilling program at the Usicayos GoldProject in southeastern Peru post the end of the rainy season. In the first quarter of 2022, Palamina workedwith independent geological consultants and GoldSpot Discoveries to complete 3D modelling of the drillingcarried out in 2021 in the Veta Zone to optimize the position of the first drill hole VE-5-2022. In 2021 Palamina completed 4 diamond drill holes over a total 1,704.50 metres along the 800 metremineralized gold strike length defined at surface in the Veta Zone. The Veta Zone is on the eastern end ofa 4.6 km long gold structure trending northeast. Drill hole VE-01-2021 returned 1m @ 1.26 g/t Au, VE-02-2021 1m @ 3.09 g/t Au (visible gold in intercept), VE-03-2021 24m @ 0.5 g/t Au and VE-04-2021 11m@ 0.8 g/t Au (visible gold in intercept). The 2021 drill holes failed to intercept high-grade Au mineralizationsimilar to that found at surface. Drill hole five is set up closer to the exposed gold-bearing quartz veins andwill be drilled at a shallower angle testing the continuity of mineralization in this segment of the zone.Palamina is in process of completing the modification of its DIA (Declaración de Impacto Ambiental) inorder to drill additional gold zones southwest of the Veta Zone. Under the current DIA Palamina can builda total of 40 drill pads where 5 drill pads have been completed to-date. As part of that process, Palaminarecently completed two additional surface rights agreements covering areas where additional drill holeshave been planned southwest of the Veta Zone. Annuncio • Apr 16
Palamina Corp., Annual General Meeting, Jun 29, 2022 Palamina Corp., Annual General Meeting, Jun 29, 2022. Annuncio • Feb 10
Palamina Corp. Resumes Exploration at the Lagos Silver Copper Project Palamina Corp. resumed exploration at its 100% owned Lagos Silver Copper Project in late November of 2021 conducting a mapping /sampling program, short magnetometer survey and test Induced Polarization (IP) study before year end. Palamina is proceeding with more sampling and mapping, a pole-dipole IP survey and has commenced an FTA environmental study in order to permit up to 20 drill pads. Lagos covers 10,300 hectares and is located in the Santa Lucia mining district, 72 km's southwest of Palamina's regional field office in Juliaca in the department of Puno, Peru. Lagos is at a 4,200 metre elevation with excellent infrastructure that includes road access, local power, water and a railway line that transverses the property. To date four field campaigns have been completed with four distinct mineralized zones identified. The Rosa and Azul zones to the north host higher grade Ag-Cu veins, related to fault zones and hydrothermal breccias. The Gris and Verde zones to the south are being explored to potentially host broad zones of Cu-Ag mineralization, similar to the Cu oxide material found at surface. In the last quarter of 2021 a test geophysical program was carried out by Valdor Geofisica S.A.C. including a 21 linear km mag survey, 14.1 linear km pole-dipole IP survey and 8.8 km gradient IP survey. Results of the studies identified potential anomalies at depth in the Gris and Verde zones and to a lesser extent in the Rosa zone. Palamina has elected to proceed with more pole-dipole IP surveys as an effective tool to identify drill targets. No drilling has ever been carried out on the Lagos claims. During the rainy season from December to late April, Palamina suspends exploration on its Puno Orogenic Gold Belt (`POGB') projects and advances the Lagos Project in the Santa Lucia district. Lagos was acquired through staking (starting in 2017) to investigate the potential for the historic Santa Rosa mine area to host a Ag-Cu Carbonate Replacement Deposit (`CRD'). Locally drill programs are underway at Kaizen Discovery Inc.'s Cu-Au Pinaya project and at Aftermath Silver Ltd.'s Ag-Cu-Mn Berenguela project. Palamina is working with equity partner GoldSpot Discoveries Inc. to develop a better understanding of the POGB and Santa Lucia districts. Annuncio • Jan 18
Palamina Releases Drill Results from its Maiden Drill Program At the Usicayos Gold Project Palamina Corp. completed 4 diamond drill holes for a total of 1,704.50 metres (`m') in December 2021. All assay results from core intervals of interest have now been returned. The first 4 drill holes were completed in the Veta Zone which consists of multiple mineralized gold structures defined at surface over an 800 metre strike length. Drilling to date has tested 600 metres of strike length. Two additional holes designed to test the remaining 200 m of strike to the north-east have yet to be completed. The Veta Zone is on the northeastern end of a 2.6 km long northeast trending gold structure which includes the Cayos Zone. Initial indications from drilling in the Veta Zone would suggest that the intensity and concentration of veining and gold mineralization observed at surface does not extend to the depth targeted by the 2021 drilling or that the Veta Zone may have a plunge and a narrower profile than exhibited at surface. Palamina will re-examine surface outcrops in the Veta Zone to see if further geological data regarding plunge orientation, dilational or crosscutting features may guide new drilling. Annuncio • Jun 19
Palamina Corp. announced that it has received CAD 5 million in funding from 2176423 Ontario Ltd. On June 18, 2021, Palamina Corp. (TSXV:PA) closed the transaction. The transaction included participation from new investor Eric Sprott through 2176423 Ontario Ltd. which acquired 8,000,000 units for the gross proceeds of CAD 2,000,000 in the transaction. All securities issued pursuant to the transaction are subject to a statutory hold period ending October 19, 2021. Annuncio • May 28
Palamina Corp. announced that it expects to receive CAD 3 million in funding Palamina Corp. (TSXV:PA) announced a non-brokered private placement of up to 12,000,000 units at issue price of CAD 0.25 per unit for gross proceeds of CAD 3,000,000 on May 27, 2021. Each unit consists of one common share and one warrant. Each whole warrant is exercisable to acquire one common share at an exercisable price of CAD 0.40 per share for a period of 24 months from the closing date. The transaction is subject to approval from TSX Venture Exchange. The Company may pay finder's fees in relation to the transaction. Annuncio • Oct 08
Palamina Corp. Channel Sampling Returns 14.2 GPT Gold over 1.5 Metres At the Coasa Gold Project Palamina Corp. announced results from the recent channel sampling program and provides an update on preparations for drilling at its Coasa Gold Project in SE Peru. Palamina has identified an eighth gold bearing structure at the Veta Zone. Seven zones were highlighted in Palamina's Press Release dated July 7, 2020. The most recent channel sampling focussed on increasing sample density at the # 7 Zone and extending exploration to the northeast. At the # 7 zone, new assays returned values ranging up to 14.3 g/t Au over 1.6 m in known gold structures and at the Veta NE Zone, initial sampling has returned samples ranging to 1.6 g/t Au over 1.0 m. The new Veta NE discovery is located 500 m NE of the Veta Zone. Gold mineralization now extends along a 2 km NE trend from the Cayos Zone to the newly identified Veta NE Zone. Palamina has completed its DIA (Environmental Impact Statement) which permits 40 drill pads in the Veta Zone and is awaiting the Peruvian government to approve the project's Initiation of Activities. 12 drill holes have been allocated to the Veta Zone. Palamina may modify its DIA in the future to drill in the Veta NE Zone. Further mapping and sampling is required in the Veta NE Zone to better understand the extent of the gold mineralization. Palamina continues to investigate the potential that Coasa may host an intrusive related gold deposit as the gold mineralization identified to date is centered around an intrusive. Palamina has received its DIA environmental permit allowing up to 40 drill pads. In August, Palamina received and responded to four observations required to receive approval of its Initiation of Activities to commence its drill program. These were accepted, however, the Company was informed in late September a further site visit by an Ingemmet government official is required to complete the process. Palamina has been informed this site visit will occur in October. Palamina has first mover advantage on gold projects in the Puno Orogenic Gold Belt and remains focused on conducting an initial drill discovery program in the Veta Zone at the Coasa Gold Project. Channel samples are taken from exposed outcrops and cut to capture the best available angle to the orientation of the sampled structure. Samples collected in the field are transported by Palamina personnel to the Certimin S. A laboratory in Juliaca, Peru. Samples are processed by Certimin S. A in Juliaca and prepared sample splits are transported for assay to the CERTIMIN SA Laboratory in Lima, Peru. Samples are assayed for gold using a 30-gram fire assay charge with an AA finish. Samples are also analysed using a multi-element ICP-OES package. Prior to delivery of field exploration samples to the laboratory, Palamina staff insert coarse blank samples, field duplicates and certified gold analytical standards into the sample stream to provide controls over the quality of sampling and analytical procedures. No standards are inserted for the multi-element suite. All samples are returned to the Company and stored at a secure facility in Juliaca. This press release was compiled and reviewed by Mr. William McGuinty, P. Geo., Palamina's VP Exploration. He is a Qualified Person as defined by National Instrument 43-101 and has supervised the preparation of the technical contents of this press release. Annuncio • Aug 24
Palamina Corp. Resumes Exploration at its 100% Owned Coasa Gold Project in South Eastern Peru Palamina Corp. has resumed exploration at its 100% owned Coasa Gold Project in south eastern Peru. Drill pad construction is underway, in addition to completion of the field camp
in the Veta Zone. Mapping and sampling is also being carried out. Palamina is awaiting approval of the Company’s Initiation of Activities application in order to commence a drill program in the Veta Zone at Coasa. Palamina is implementing Covid-19 management protocols at its exploration sites and is working with local communities to limit exposure for the company employees and families. Peru has eased travel restrictions allowing some interregional travel including resumption of domestic flights from Lima to Juliaca. Palamina’s regional field office is in Juliaca while its Coasa Gold project is located near the town of Usicayos. Palamina remains in close contact with government authorities and continues to mitigate and minimize any potential impacts of COVID-19. 
