Palayan Resources Announces Commencement of Drill Program
February 09, 2021 13:09 ET
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Palayan Resources, Inc.
Palayan Resources, Inc.
Lady Lake, FL, Feb. 09, 2021 (GLOBE NEWSWIRE) --
via NewMediaWire -- Palayan Resources, Inc. (the “Company” or “PLYN”) (OTCMarkets: PLYN), and Provenance Gold Corp. (the “Company” or “PAU”) (CSE: PAU) (FSE: 3PG) are pleased to announce commencement of their initial drilling program, by and though their newly formed Joint Venture company, GS Exploration Corporation, on the Silver Bow gold and silver property in Nye County, Nevada. The drill rig is presently being mobilized and drilling is set to begin by the end of the week. Palayan has funded the initial tranche due under the Joint Venture Agreement which enabled the mobilization of machinery to commence drilling operations.