Palamina Corp. (TSXV:PA - OTCQB:PLMNF) holds 13,422,000 shares and 1,321,000 warrants representing a 19.99% partially diluted share position in Winshear Gold Corp. (TSXV:WINS). The following news release was disseminated by Winshear today:

Palamina Corp. (TSXV:PA - OTCQB:PLMNF) completed its second field program in the Sol de Oro Zone (“SDO”) at the Usicayos Gold Project in December 2022. Palamina acquired the SDO Zone in June of last year. At Usicayos a 4.5 km mineralized gold trend has been defined made up of the southwestern SDO Zone, central Cayos Zone and northeastern Veta Zone. Six drill holes were completed in the Veta Zone in 2021 and 2022. The Cayos and SDO zones have never been drilled. Palamina has scheduled these zones for drill testing later this year

Palamina Corp. (TSXV:PA - OTCQB:PLMNF) welcomes the appointments of Peter Bojtos P.Eng. as a new director and Michael Farrant as Chief Financial Officer (“CFO”) effective November 30, 2022. Peter Bojtos is replacing departing director Hugh Agro and Michael Farrant replacing departing CFO Brian Jennings. Palamina would like to thank Hugh and Brian for the tremendous input and support they have provided Palamina over many years.

Palamina Corp. (TSXV:PA - OTCQB:PLMNF) Field work completed in the newly acquired Sol de Oro Zone at the Usicayos Gold Project has returned values up to 0.9m of 200 g/t gold with multiple visible gold occurrences prospected.

Palamina Corp. (TSXV:PA - OTCQB:PLMNF) has received additional assay results from two additional 2022 geochemical and hand trenching programs and has consolidated and increased its land package at its Galena Silver Copper Project in SE Peru.Galena sits at the juncture of the Santa Lucia mining district to the northeast and within what is referred to locally as the Las Bambas copper trend to the northwest. 

Palamina Corp. (TSXV:PA - OTCQB:PLMNF) has received a US$50,000 Advance Royalty (“AR”) payment from Winshear Gold Corp. (TSX.V:WINS). The AR payment was due pursuant to a property purchase agreement signed and approved on September 19, 2019 which outlines annual AR anniversary payments and a 2% NSR royalty per project subject to terms of the purchase agreement.

Palamina Corp. (TSXV:PA - OTCQB:PLMNF) has received assay results for the two recently completed core holes at the Usicayos Gold Project in southeastern Peru. Holes VE-05-2022 and VE-06-2022 were completed from drill pad 5 situated approximately 120 metres northeast of hole VE-04-20021 to test the most easterly 200 metres of the Veta Zone.

Palamina Corp. (TSXV:PA - OTCQB:PLMNF) On June 9, 2022 Palamina paid US$ 44,000 to acquire 100 % of a 200 hectare titled internal concession at the Usicayos Gold Project. An additional US$ 11,000 is being held in trust to be paid on notification from the Registro Publicos that the titled claims have been transferred and fully registered to Palamina S.A.C. (Palamina’s Peruvian subsidiary). Palamina now holds 100% title interest to 14,012 hectares at Usicayos with no underlying payments or royalties.

Palamina Corp. (TSXV:PA - OTCQB:PLMNF) has restarted its drilling program at the Usicayos Gold Project in southeastern Peru post the end of the rainy season. In the first quarter of 2022, Palamina worked with independent geological consultants and GoldSpot Discoveries to complete 3D modelling of the drilling carried out in 2021 in the Veta Zone to optimize the position of the first drill hole VE-5-2022.

Palamina Corp. (TSXV: PA - OTCQB: PLMNF) resumed exploration at its 100% owned Lagos Silver Copper Project in late November of 2021 conducting a mapping / sampling program, short magnetometer survey and test Induced Polarization (IP) study before year end. Palamina is proceeding with more sampling and mapping, a pole-dipole IP survey and has commenced an FTA environmental study in order to permit up to 20 drill pads.

Palamina Corp. (TSXV: PA - OTCQB: PLMNF) completed 4 diamond drill holes for a total of 1,704.50 metres (‘m’) in December 2021. All assay results from core intervals of interest have now been returned. The first 4 drill holes were completed in the Veta Zone which consists of multiple mineralized gold structures defined at surface over an 800 metre strike length. Drilling to date has tested 600 metres of strike length.

Palamina Corp. (TSXV: PA - OTCQB: PLMNF) has completed the very first 4 diamond drill holes in the Veta discovery zone at its flagship Usicayos gold project in Peru. A total of 1,704.50 metres were drilled in 2021 where drilling has been suspended due to commencement of the rainy season and seasonal holidays.

“Palamina Corp. (TSXV: PA - OTCQB: PLMNF) common shares are now trading on the OTCQB Venture Market under the symbol “PLMNF” in the United States and continue to trade on the TSX Venture Exchange as its primary

Palamina Corp. (PA:TSX.V) has commenced its inaugural diamond drill program at its flagship Usicayos Gold Project in Peru. No drill holes have ever been completed at Usicayos.

Palamina Corp. (TSX.V:PA) wishes to announce that research coverage has been initiated by Couloir Capital Ltd. The report is titled, “Greenfield Gold Portfolio with Blue Sky Potential and Near-Term Growth Drivers.”

Palamina Corp. (TSXV: PA) ("Palamina" or the "Company") advises that it has filed an Early Warning Report in connection with the issuance by Winshear Gold Corp. (TSXV: WINS) (“Winshear”) to Palamina of an aggregate amount of 525,000 additional common shares

Palamina Corp. (TSX.V:PA) and Winshear Gold Corp. (TSX.V:WINS) have agreed to convert US$33,700 (CDN$42,000) in debt due Palamina into 525,000 common shares of Winshear.

Palamina Corp. (PA: TSX.V) is applying to have its common shares posted for trading on the OTCQB Venture Market (the “OTCQB”), a United States trading platform that is operated by the OTC Markets Group in New York.

Palamina Corp. (PA:TSX.V) announces it has engaged T2W Market Liquidity Inc. (“T2W”) effective July 19, 2021, to provide market liquidity services for its common shares listed on the TSX Venture Exchange.

Palamina Corp. (PA: TSX.V) hereby announce results from voting at its annual general meeting of shareholders held virtually from Toronto, Ontario (the "Meeting") on June 30, 2021. Shareholders voted in favour of all items put forward by the Board of Directors (“the Board”) and Management.