Palamina (TSE:PA) has released an update.
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Palamina Corp. has bolstered its financial position by receiving a US$100,000 Advance Royalty payment from Winshear Gold Corp., as part of an ongoing property purchase agreement. Additionally, Palamina has a strategic interest in the gold mining sector through a 15.4% stake in Winshear and a 2% NSR royalty on Winshear’s projects, with drilling activities set to expand at the Gaban Gold Project.
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