Palamina (TSE:PA) has released an update.
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Palamina Corp. has reported promising gold assay results from its Sol de Oro Zone within the Usicayos Gold Project in Peru, with sample highlights including 26.67 g/t gold over 2 meters. As part of its 2024 initiatives, the company is preparing for a minimum 3,000-meter drilling program set to commence in early July, aimed at testing the mineralization depth of newly identified high-grade gold zones. These developments follow the construction of drill pads and camps and the completion of geochemical and structural studies to refine drilling targets.
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