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Palamina stakes ground in Peru gold rush

Palamina Corp is bringing systemic regional style exploration techniques to one of the world’s largest gold rushes in south-east Peru.

Palamina stakes ground in Peru gold rush Palamina stakes ground in Peru gold rush Palamina stakes ground in Peru gold rush Palamina stakes ground in Peru gold rush Palamina stakes ground in Peru gold rush

Illegal gold mining in Peru and Brazil is causing extensive environmental damage in the Amazon. Image: Council on Hemispheric Affairs

After staking 70,000 hectares in the Puno Orogenic Gold Belt, the company has carried out mapping and sampling and recently completed the first airborne geophysical survey in the region.

"We are the first to fly the belt," CEO Andrew Thomson told Mining Journal in Lima.

The POGB lies upstream of the Madre de Dios department where unchecked alluvial gold mining has laid waste to around 700 square kilometres of p...