Palamina ( (TSE:PA) ) just unveiled an update.
Palamina Corp. has announced the results of its recent fieldwork at the Usicayos gold project in Peru, revealing an extension of known gold mineralization in the Sol de Oro North zone. The discovery of a new mineralized shear zone and the expansion of the target area for resource definition drilling indicate significant potential for resource growth. The planned 2025 drilling program aims to further explore these zones and define a gold resource, which could enhance Palamina’s position in the gold exploration sector and provide substantial opportunities for stakeholders.
More about Palamina
Palamina Corp. operates in the mining industry, focusing on gold exploration and development. The company is engaged in identifying and advancing gold projects, primarily in Peru, with a strategic emphasis on expanding mineral resources through systematic exploration and drilling programs.
YTD Price Performance: -5.00%
Average Trading Volume: 53,119
Technical Sentiment Signal: Buy
Current Market Cap: C$7.02M
Learn more about PA stock on TipRanks’ Stock Analysis page.