Palamina Expands Silver, Copper, Manganese Footprint at the Galena Project
Palamina Corp. (OTCQB: PLMNF) has completed an expanded soil and subcrop sampling program at its 100%-owned Galena Silver Copper Manganese Project. The second XRF sampling campaign collected 730 samples, revealing two distinct northwest-southeast mineralized trends with significant silver, copper, and manganese anomalies.
Key findings include XRF values up to 440 g/t silver, 0.6% copper, and 2.7% manganese within Tertiary volcanics at surface. The southernmost anomaly extends over 3km by 1.5km, with both trends remaining open. Previous rock sampling from the Rosa and Azul zones returned impressive values of up to 1,135 g/t Ag, 5.2% Cu, 0.69% Mn and 584 g/t Ag, 7.1% Cu, 0.47% Mn respectively.
The company plans additional XRF soil sampling and a property-wide gravity survey to prioritize drill targets at the previously undrilled project.
Palamina Corp. (OTCQB: PLMNF) ha completato un programma esteso di campionamento del suolo e del sottosuolo presso il suo progetto Galena Silver Copper Manganese, di proprietà al 100%. La seconda campagna XRF ha raccolto 730 campioni, individuando due distinti trend mineralizzati con orientamento nordovest-sudest e anomalie significative di argento, rame e manganese.
I risultati principali mostrano valori XRF fino a 440 g/t di argento, 0,6% di rame e 2,7% di manganese nelle vulcaniti terziarie affioranti. L’anomalia più meridionale si estende per oltre 3 km per 1,5 km e entrambi i trend restano aperti. Campionamenti rocciosi precedenti nelle zone Rosa e Azul avevano restituito valori notevoli fino a 1.135 g/t Ag, 5,2% Cu, 0,69% Mn e 584 g/t Ag, 7,1% Cu, 0,47% Mn, rispettivamente.
La società prevede ulteriori campionamenti XRF del suolo e una prospezione gravitazionale sull’intera proprietà per definire le priorità dei target di perforazione in questo progetto ancora non trivellato.
Palamina Corp. (OTCQB: PLMNF) ha completado un programa ampliado de muestreo de suelos y subcortes en su proyecto Galena Silver Copper Manganese, 100% propiedad. La segunda campaña XRF recolectó 730 muestras, revelando dos tendencias mineralizadas con orientación noroeste-sureste y anomalías significativas de plata, cobre y manganeso.
Los hallazgos clave incluyen valores XRF de hasta 440 g/t de plata, 0,6% de cobre y 2,7% de manganeso en rocas volcánicas terciarias en superficie. La anomalía más meridional se extiende más de 3 km por 1,5 km, y ambas tendencias permanecen abiertas. Muestreos de roca previos en las zonas Rosa y Azul arrojaron valores destacados de hasta 1.135 g/t Ag, 5,2% Cu, 0,69% Mn y 584 g/t Ag, 7,1% Cu, 0,47% Mn, respectivamente.
La compañía planea realizar muestreos XRF adicionales en suelos y una encuesta gravimétrica en toda la propiedad para priorizar objetivos de perforación en este proyecto aún no perforado.
Palamina Corp. (OTCQB: PLMNF)는 자사가 100% 소유한 Galena Silver Copper Manganese 프로젝트에서 확대된 지표 및 준지표 샘플링 프로그램을 완료했습니다. 두 번째 XRF 샘플링 캠페인에서는 730개 샘플을 수집했으며, 은·구리·망간의 유의미한 이상을 보이는 북서-남동 방향의 두 개 광화 경향을 확인했습니다.
주요 결과로는 표층의 제3기 화산암에서 XRF 수치 최대 440 g/t 은, 0.6% 구리, 2.7% 망간이 확인된 점이 있습니다. 남쪽 끝의 이상구역은 3km x 1.5km 이상으로 확장되며 두 경향 모두 열린 상태입니다. 이전 Rosa 및 Azul 지역의 암석 샘플링에서는 각각 1,135 g/t Ag, 5.2% Cu, 0.69% Mn 및 584 g/t Ag, 7.1% Cu, 0.47% Mn의 주목할 만한 값이 보고되었습니다.
회사는 추가 XRF 토양 샘플링과 전속성 중력 탐사를 통해 이전에 시추되지 않은 본 프로젝트의 시추 우선순위 타깃을 선정할 계획입니다.
Palamina Corp. (OTCQB: PLMNF) a achevé un programme étendu d'échantillonnage des sols et du subcrop sur son projet Galena Silver Copper Manganese, détenu à 100%. La deuxième campagne XRF a collecté 730 échantillons, révélant deux tendances minéralisées orientées nord-ouest—sud-est avec d'importantes anomalies d'argent, de cuivre et de manganèse.
Les résultats clés montrent des valeurs XRF allant jusqu'à 440 g/t d'argent, 0,6% de cuivre et 2,7% de manganèse dans des volcaniques tertiaires en surface. L'anomalie la plus méridionale s'étend sur plus de 3 km par 1,5 km et les deux tendances restent ouvertes. Des prélèvements rocheux antérieurs dans les zones Rosa et Azul avaient donné des valeurs remarquables jusqu'à 1 135 g/t Ag, 5,2% Cu, 0,69% Mn et 584 g/t Ag, 7,1% Cu, 0,47% Mn, respectivement.
La société prévoit des échantillonnages XRF supplémentaires des sols et une levée gravimétrique à l'échelle de la propriété afin de prioriser les cibles de forage sur ce projet encore non foré.
Palamina Corp. (OTCQB: PLMNF) hat ein erweitertes Boden- und Subcrop-Probenprogramm auf ihrem 100%igen Galena Silver Copper Manganese Projekt abgeschlossen. Die zweite XRF-Kampagne sammelte 730 Proben und zeigte zwei deutliche nordwest-südost gerichtete mineralisierte Trends mit signifikanten Silber-, Kupfer- und Mangan-Anomalien.
Wesentliche Ergebnisse sind XRF-Werte bis zu 440 g/t Silber, 0,6% Kupfer und 2,7% Mangan in tertiären Vulkaniten an der Oberfläche. Die südlichste Anomalie erstreckt sich über 3 km × 1,5 km, beide Trends bleiben offen. Frühere Gesteinsproben aus den Zonen Rosa und Azul ergaben beeindruckende Werte von bis zu 1.135 g/t Ag, 5,2% Cu, 0,69% Mn bzw. 584 g/t Ag, 7,1% Cu, 0,47% Mn.
Das Unternehmen plant weitere XRF-Bodenproben und eine gravimetrische Vermessung des gesamten Geländes, um Bohrziele für das bisher nicht niedergebrachte Projekt zu priorisieren.
- Discovery of two significant mineralized trends with high-grade surface samples
- Large-scale potential indicated by 5 x 4.5 km manganese anomaly
- 100% ownership of the undrilled Galena project
- Proximity to historic Santa Barbara mine and Berenguela CRD deposits
- High-grade samples including up to 1,135 g/t Ag and 7.1% Cu from previous sampling
- Project remains in early exploration stage with no drilling completed
- Additional sampling and surveys required before drilling can commence
- Mineralization may be remobilized, suggesting primary targets could be at depth
Toronto, Ontario--(Newsfile Corp. - August 25, 2025) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has completed an expanded soil and subcrop sampling program at its
Highlights:
- 730 samples collected on second XRF soil sampling campaign
- Two distinct northwest southeast mineralized coincident silver, copper, manganese anomalies have been delineated where the southernmost extends over 3km by 1.5km and both trends remain open in both directions
- XRF values within the Tertiary volcanics at surface graded up to 440 g/t silver, 0.6 % copper and
2.7% manganese.
Andrew Thomson, President of Palamina, commented: "Our expanded XRF soil sampling has provided further evidence of the presence of a large hydrothermal system in the Tacaza formation volcanic rocks which overlie Cretaceous-aged limestone units at Galena. These XRF soil sampling results, together with prior rock sampling from the Rosa, Gris and Verde zones, support the existence of two strong geochemically anomalous trends. Further XRF soil sampling is underway to further define surface mineralization with a property wide gravity survey planned. Palamina intends to drill test the highest priority CRD target areas to locate mineralization similar to the historic Santa Barbara mine and Berenguela deposits."
Manganese is the primary pathfinder element at Galena and at the nearby historic Santa Barbara and Berenguela CRD ("Carbonate Replacement Deposit") mines. Aftermath Silver Ltd. are currently advancing the Berenguela CRD deposit which hosts a significant silver copper manganese resource and is being advanced to PEA status.
Mineralization at Galena occurs along veins, fractures, and within autobreccia matrix, all hosted in Miocene-aged Tacaza Formation volcanic flows, breccia, and tuff. Surface mineralization is accompanied by a low-temperature alteration assemblage consisting of opaline silica and Fe-Mn carbonates. This style of alteration and mineralization is interpreted to represent late remobilization of metal-bearing sulfides originally hosted by the underlying Cretaceous-aged limestone which also hosts the CRD mineralization at Berenguela.
The Cretaceous aged Ayabacas formation limestone outcrops on the northern side of Galena and lies beneath a shallowly dipping unconformity with the Miocene volcanic sequence. A limited Induced Polarization study carried out by Palamina is believed to have mapped the limestone contact which outcrops on the property in proximity to lake Lagunillas and provides some indication as to the depth of the target primary mineralized zone . The Rosa and Azul zones, where the Tacaza volcanics are shallowest and closest to the limestone contact zone, previously returned rock sample values up to 1,135 g/t Ag,
Figure 1: Cross section showing the Tacaza volcanic cover (orange) overlying the limestone carbonate sequence (blue)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4727/263706_afd77f9c047c6bd4_002full.jpg
Geological Summary
In May of 2025, Palamina geologists collected 730 B-horizon and regolith samples for a total 1,660 soil samples analyzed using X-ray Fluorescence ("XRF"). Samples were systematically collected at 100-metre intervals along lines spaced 100 metres apart. Company geologists prioritized areas between previous sample grids to better understand the dominant geochemical trends. Samples were sent to Certimin for preparation before pulps were analyzed using an Olympus C-series Vanta handheld XRF device.
Samples were dried and crushed to 2 mm. A 250-gram split was pulverized to 75 microns to generate a pulp. An arithmetic average of three readings was used for each sample point. Figures 2, 3, and 4 present manganese, copper, and silver results from this program.
A 5 x 4.5 km manganese anomaly covers the area between the Rosa Zone to the northeast and the Verde Zone to the southwest (Figure 2), confirming that Galena could host blind CRD mineralization of similar scale to Berenguela and Santa Barbara. A significant silver anomaly to the west of the Gris Zone remains open where further soil sampling is underway (Figure 4).
Figure 2: Manganese (Mn) results in ppm from the 2024-2025 Galena XRF soil surveys
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4727/263706_afd77f9c047c6bd4_003full.jpg
Figure 3: Copper (Cu) results in ppm from the 2024-2025 Galena XRF soil surveys
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4727/263706_afd77f9c047c6bd4_004full.jpg
Figure 4: Silver (Ag) results in g/t from the 2024-2025 Galena XRF soil surveys
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4727/263706_afd77f9c047c6bd4_005full.jpg
Palamina is carrying out further XRF soil sampling west of the silver anomaly in the Gris Zone and southeast of a major regional NE-SW extensional fault, to cover the Azul zone and the hyperspectral anomalies identified in a remote sensing study completed by Palamina in 2024. Additional geochemical sampling, and a property wide gravity survey is planned in order to prioritize drill targets. The Galena project has never seen any drilling.
Technical Note on Soil Sampling
All soil samples were collected by Palamina geologists and local assistants. In most cases, the B-horizon of the soil profile was targeted. Up to 2 kilograms of material was collected from each site, from which a 250-gram pulp was prepared. The pulp was analyzed using a portable XRF (pXRF). Each sample was analyzed three times, and the arithmetic average for each element was entered into the database. This method is designed to minimize the risk of contamination and ground disturbance. Certified reference materials, blanks, and field duplicates are routinely included to monitor the quality of 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 of Exploration at Palamina.
About Palamina Corp.
Palamina is an exploration company with a land bank of gold projects in the Puno Orogenic Gold Belt in southeastern Peru and a land bank of high grade copper-silver assets in southeastern and northeastern Peru. Palamina has 71,634,836 shares outstanding and trades on the TSX Venture Exchange under the symbol PA and on the OTCQB under the symbol PLMNF.
On Behalf of the Board of Directors:
Andrew Thomson, President
Phone: (416) 204-7536 | www.palamina.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements include, but are not limited to, the use of proceeds of the Offering and the Company's future business plans. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. A more complete discussion of the risks and uncertainties facing the Company appears in the Company's continuous disclosure filings, which are available at www.sedarplus.ca.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263706
FAQ
What are the latest exploration results from Palamina's (PLMNF) Galena Project?
What are the highest-grade samples found at PLMNF's Galena Project?
What are Palamina's (PLMNF) next steps for the Galena Project?
How large is the mineralized system at PLMNF's Galena Project?
Has Palamina's Galena Project been drilled before?
