Palamina Receipts Final Approval to Commence Drilling at the Coasa Gold Project in Peru – MENAFN.COM

Palamina Receipts Final Approval to Commence Drilling at the Coasa Gold Project in Peru – MENAFN.COM

(MENAFN - Newsfile Corp) Palamina Receipts Final Approval to Commence Drilling at the Coasa Gold Project in Peru Toronto, Ontario--(Newsfile Corp. - May 10, 2021) - Palamina Corp. (TSXV: PA) has received its Authorization to Initiate Exploration Activities ("AIEA") permit to commence drilling on its Coasa Gold Project in Peru. In December of 2019, Palamina received its Declaración de Impacto Ambiental permit ("DIA") which allows for up to 40 drill pads in the Veta Zone at Coasa. 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. Palamina has also constructed drill pads and an exploration field camp in the Veta zone. "Palamina can now proceed with its maiden drill program at Coasa." stated Andrew Thomson President of Palamina, "The Company will conduct an initial 2, 600 metre drill program to test eight mineralized gold structures in the Veta gold discovery zone. Palamina is one of a few pure gold junior exploration companies in Peru drill permitted with numerous orogenic gold target zones." To view an enhanced version of this graphic, please visit: Palamina has implemented Covid-19 management protocols at its exploration sites and is