Palamina Corp. Receipts Final Approval to Commence Drilling at the Coasa Gold Project in Peru

Palamina has spent over US$ 2M on exploration at Coasa including a heli-borne geophysical survey, structural and geological mapping surveys and extensive surface sampling campaigns.

In May of 2021, Palamina and equity partner Winshear Gold agreed to rent a new field office, living quarters and warehouse in Juliaca, 3.5 hours drive from the Coasa Gold Project.

Palamina has implemented Covid-19 management protocols at its exploration sites and is working with local communities to limit exposure for our employees and families.

Palamina has first mover advantage on 4 district scale titled gold projects in south eastern Peru in the Puno Orogenic Gold Belt .

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.

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