Palamina Identifies Multiple Manganese Pathfinder Anomalies at the Galena Silver Copper Project
Palamina Corp. (PLMNF) has completed an initial systematic soil sampling program at its Galena Silver Copper Project in Peru, revealing significant findings. The company collected 933 soil samples across three zones using XRF spectrometry, identifying large silver, copper, and manganese anomalies. A notable discovery includes a 2 x 1.5 km manganese anomaly in the Gris zone.
The sampling program covered 8 km² of target areas, with plans to expand to 30 km². Mineralization occurs along veins, fractures, and autobreccia matrix in Miocene aged Tacaza formation. The company plans to conduct a gravity geophysical survey to define drill targets for silver-copper-manganese CRD deposits. The project's location shows promising alignment with the Santa Barbara Mine and Aftermath Silver's Berenguela Manganese project along the same NE regional trend.
Palamina Corp. (PLMNF) ha completato un iniziale programma sistematico di campionamento del suolo presso il proprio Progetto Argento Rame Galena in Perù, rivelando risultati significativi. L'azienda ha raccolto 933 campioni di suolo in tre zone utilizzando la spettrometria XRF, identificando ampie anomalie di argento, rame e manganese. Una scoperta notevole include un anomalie di manganese di 2 x 1,5 km nella zona Gris.
Il programma di campionamento ha coperto 8 km² di aree target, con piani di espansione fino a 30 km². La mineralizzazione si verifica lungo vene, fratture e nella matrice di autobreccia nella formazione Tacaza di età miocenica. L'azienda intende condurre un'indagine geofisica gravimetrica per definire i bersagli di perforazione per i depositi CRD di argento-rame-manganese. La posizione del progetto mostra una promettente allineamento con la Miniera Santa Barbara e il progetto Manganese Berenguela di Aftermath Silver lungo la stessa tendenza regionale NE.
Palamina Corp. (PLMNF) ha completado un programa inicial sistemático de muestreo de suelo en su Proyecto de Plata Cobre Galena en Perú, revelando hallazgos significativos. La empresa recogió 933 muestras de suelo en tres zonas utilizando espectrometría XRF, identificando grandes anomalías de plata, cobre y manganeso. Un descubrimiento notable incluye una anomalía de manganeso de 2 x 1.5 km en la zona Gris.
El programa de muestreo cubrió 8 km² de áreas objetivo, con planes de expansión a 30 km². La mineralización se produce a lo largo de vetas, fracturas y matriz de autobreccia en la formación Tacaza de la era Mioceno. La empresa planea realizar un estudio geofísico de gravedad para definir los objetivos de perforación para los depósitos CRD de plata-cobre-manganeso. La ubicación del proyecto muestra una alineación prometedora con la Mina Santa Bárbara y el proyecto de Manganeso Berenguela de Aftermath Silver a lo largo de la misma tendencia regional nordeste.
팔라미나 코퍼레이션 (PLMNF)은 페루의 갈레나 실버 구리 프로젝트에서 초기 체계적인 토양 샘플링 프로그램을 완료하고 중요한 발견을 밝혀냈습니다. 이 회사는 XRF 분광법을 사용하여 세 개의 구역에서 933개의 토양 샘플을 수집하여 대규모 은, 구리 및 망간 이상을 확인했습니다. 특히, 그리스 구역에서 2 x 1.5 km 망간 이상이 발견되었습니다.
샘플링 프로그램은 8 km²의 목표 지역을 다루었으며, 30 km²로 확장할 계획입니다. 광물화는 미오세 시대 타카자 형성에서 vein, fracture, autobreccia matrix를 따라 발생합니다. 회사는 은-구리-망간 CRD 침전물의 시추 목표를 정의하기 위해 중력 지구 물리 조사(GPS)를 실시할 계획입니다. 이 프로젝트의 위치는 같은 동북쪽 지역 트렌드에 있는 산타 바바라 광산과 애프터매스 실버의 베렌구엘라 망간 프로젝트와 유망하게 정렬되고 있습니다.
Palamina Corp. (PLMNF) a achevé un programme de prélèvement systématique de sol dans son Projet Argent Cuivre Galena au Pérou, révélant des résultats significatifs. L'entreprise a collecté 933 échantillons de sol dans trois zones à l'aide de la spectrométrie XRF, identifiant de grandes anomalies d'argent, de cuivre et de manganèse. Une découverte notable comprend une anomalie de manganèse de 2 x 1,5 km dans la zone Gris.
Le programme de prélèvement a couvert 8 km² de zones cibles, avec des plans d'expansion jusqu'à 30 km². La minéralisation se produit le long de veines, de fractures et de matrices d'autobreccia dans la formation de Tacaza de l'ère miocène. L'entreprise prévoit de réaliser une enquête géophysique gravimétrique pour définir les cibles de forage pour les dépôts CRD d'argent-cuivre-manganèse. L'emplacement du projet montre un alignement prometteur avec la Mine Santa Barbara et le projet de Manganèse Berenguela d'Aftermath Silver le long de la même tendance régionale NE.
Palamina Corp. (PLMNF) hat ein erstes systematisches Bodenprobenprogramm in seinem Galena Silberkupfer-Projekt in Peru abgeschlossen und dabei bedeutende Ergebnisse entdeckt. Das Unternehmen hat 933 Bodenproben in drei Zonen unter Verwendung der XRF-Spektrometrie gesammelt und große Anomalien von Silber, Kupfer und Mangan identifiziert. Eine bemerkenswerte Entdeckung umfasst eine 2 x 1,5 km Mangananomalie in der Gris-Zone.
Das Probenprogramm deckte 8 km² Zielgebiete ab, mit Plänen zur Erweiterung auf 30 km². Die Mineralisierung tritt entlang von Adern, Brüchen und Autobreccia-Matrix in der Miozän-Takaza-Formation auf. Das Unternehmen plant eine gravimetrische geophysikalische Untersuchung, um Bohrziele für Silber-Kupfer-Mangan-CRD-Lagerstätten zu definieren. Der Standort des Projekts zeigt eine vielversprechende Ausrichtung mit der Santa Barbara Mine und dem Berenguela-Manganprojekt von Aftermath Silver entlang desselben nordostlichen regionalen Trends.
- Discovery of large 2 x 1.5 km manganese anomaly indicating potential CRD mineralization
- Strategic location along same NE trend as established mines
- Planned expansion of survey area from 8 km² to 30 km²
- Comprehensive sampling program with 933 samples collected
- Early-stage exploration with no defined mineral resources yet
- Additional surveys required before drilling can commence
Toronto, Ontario--(Newsfile Corp. - January 20, 2025) - Palamina Corp. (TSXV: PA) (OTCQB: PLMNF) has completed an initial systematic soil sampling program utilizing a hand held XRF (X-Ray Fluorescence) spectrometer at its
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
Andrew Thomson, President of Palamina commented: "At Galena, XRF soil sampling was carried out in the Gris, Verde and Rosa mineralized zones and served to confirm that manganese rich minerals are present in all 3 target areas sampled and within the same NE regional trend as the Santa Barbara Mine and Aftermath Silver's Berenguela Manganese project. 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. "
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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.
Figure 1: Manganese (Mn) results in ppm from XRF soil survey
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Figure 2: Silver (Ag) results in ppm from XRF soil survey
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Figure 3: Copper (Cu) results in ppm from the 2024 Galena XRF soil survey
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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 larger 30 km2 area pursuant to which a gravity survey is planned to test for CRD type deposits under the outcropping Tertiary volcanic geology. Figure 4 shows the remote sensing survey covering the Galena Project completed in the fall of 2024 and the close correlation between manganese-rich minerals and our known targets.
Figure 4: 2024 remote sensing survey map and 2024 soil sampling grid areas
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Technical Note on Soil Sampling
All soil samples were collected by Palamina geologists and local helpers. 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 arithmetic 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.
About Palamina Corp.
Palamina is an exploration company with a land bank of gold projects in the Puno Orogenic Gold Belt in southeastern Peru. Palamina is adding value through drill discovery at its Usicayos gold project. Palamina also has an "acquire and hold" strategy with copper silver assets in southeastern and northeastern Peru. Palamina holds a
On Behalf of the Board of Directors:
Andrew Thomson, President
Phone: (416) 204-7536 or visit 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.
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FAQ
What are the key findings from PLMNF's soil sampling at the Galena Project?
How many soil samples did PLMNF collect at the Galena Project in January 2025?
What is the current coverage area of PLMNF's XRF survey at Galena?
What are PLMNF's next steps for the Galena Project?
Where is PLMNF's Galena Project located relative to other mines?
