Across the six days of racing, Maloney and Meech won five races and only finished outside the top eight on one occasion.
Sam Meech sailed strongly to place fifth and third and claim the bronze medal. This is an excellent result for Meech, who is a two-time medallist for New Zealand at ISAF Youth World Championships with gold in 2009 and bronze in 2008.
Both Maloney and Meech will sail in September's Red Bull Youth America's Cup as part of the NZL Sailing Team with Emirates Team New Zealand, both announced in February among the crew selections to sail on an AC45 with Tauranga's Peter Burling at the helm.
Another Tauranga sailor Andrew Murdoch came eighth and fourth to finish seventh overall at what is his international debut in the Finn class after announcing his switch from the Laser earlier this year.
High performance manager, Jez Fanstone, is pleased with the team's overall performance in Palma.
"Andy sailed really well, and Sam did well to hang in there and take the bronze too," she said.
"Great from Alex and Molly at this regatta, which is their first in a full strength fleet, and a huge opportunity for learning. Tom Saunders is really stepping things up and Josh and Andrew have had a great first showing in the Finn class."
"New combination Paul and Dan only just missed their medal race in the 470 by one point, and the Nacra crew of Gemma and Jason are doing good things too. Everyone is in good spirits."
The next major event for the NZL Sailing Team is ISAF Sailing World Cup Hyeres from April 20-27.