Palamina Corp.
Palamina Corp. (Toronto-headquartered, incorporated 2015) explores for gold, silver and copper across a large land package of seven projects in the prospective Puno Belt of southeastern Peru. Its flagship, the 100%-owned Usicayos Gold Project (11,612 ha), has seen multiple drill campaigns including a 2,300m program with high-grade intercepts up to 24 g/t gold; no NI 43-101 resource estimate has been published. Also trades OTCQB as PLMNF.
Notable vs. Peers
- Jurisdiction risk score of 5/10 is meaningfully riskier than the peer average of 7.8/10.
Lifecycle Milestones
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
President of Palamina Corp. Entrepreneurial geologist who has sold eight companies, most recently Soltoro Ltd. to Agnico Eagle in 2015 for its 80Moz silver resource.
Chief Financial Officer of Palamina Corp., effective November 30, 2022. 26 years' experience in gold exploration and mining, including as former President and CEO of a TSX-listed Mexican gold producer, VP/Treasurer/Operations Controller at Kinross Gold Corporation, and Corporate Controller at Barrick Gold Corporation.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Institutional ownership is real (7.33%) but the sole holder is unnamed. President Andrew Thomson has bought stock on the open market in a highly consistent, near-weekly pattern throughout the last year with no offsetting selling -- but he is the only insider buying, so this alone does not clear the higher insider-buying band.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.
No reports or presentations linked yet.