Noche Buena

Prime Extends Mineralization Beyond Los Reyes Resource Pit at Central Area

Retrieved on: 
Tuesday, July 11, 2023
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VANCOUVER, British Columbia, July 11, 2023 (GLOBE NEWSWIRE) -- Prime Mining Corp. (“Prime” or the “Company”) (TSX-V: PRYM, OTCQX: PRMNF, Frankfurt: 04V3) is reporting drill results from nine core holes at the Central Area, one of three main zones hosting the gold-silver mineral resource estimate (“MRE”) at the Company’s Los Reyes Project, located in Sinaloa State, Mexico. The 2023 Technical Report outlining the MRE can be found on the Company's website at https://primeminingcorp.ca/ and on SEDAR at www.sedar.com, under the Company’s Issuer Profile.

Key Points: 
  • The holes reported in this news release were drilled at Noche Buena, located in the southeastern-most end of the Central Area (see Figures 1, 2) up to 150 m along strike from the bottom of the recently announced resource pit.
  • As with the Company’s June 20th release regarding the Z-T Area, the drilling at Central Area confirms the ongoing expansion of potential gold-silver resources in addition to and not included in the Company’s MRE.
  • Prime Mining Corp. Chief Executive Officer Daniel Kunz commented, “Our expansion drilling continues to encounter wide intercepts of high-grade mineralization outside of the current resource pits, this time in the Central Area.
  • We see expansion of the Central Area with high-grade mineralization discovered along strike and at depth beyond the current resource pit, with the potential discovery of a new high-grade structure.

Prime Intercepts 2.7 gpt Au and 130 gpt Ag over 18 Metres in Step-Out Drilling at San Miguel East

Retrieved on: 
Monday, July 18, 2022
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San Miguel East is one of eight known gold-silver deposits that comprise the resource at Los Reyes (see Figure 1).

Key Points: 
  • San Miguel East is one of eight known gold-silver deposits that comprise the resource at Los Reyes (see Figure 1).
  • To date, Prime has drilled approximately 83,235 metres and completed 323 holes at Los Reyes.
  • The Phase 2 program has now completed 57,585 metres, with drilling planned to continue until the end of October.
  • The 8 drill holes at San Miguel East were drilled down dip of the known structure at depth.

Prime Mining Financial Results, AGM Results and Update on Exploration

Retrieved on: 
Wednesday, May 11, 2022
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Prime is focused on the exploration and development of its wholly owned Los Reyes Gold-Silver Project in Sinaloa State, Mexico (Los Reyes or the Project).

Key Points: 
  • Prime is focused on the exploration and development of its wholly owned Los Reyes Gold-Silver Project in Sinaloa State, Mexico (Los Reyes or the Project).
  • Each of the 8 historical deposits at Los Reyes now have a significant amount of Prime drilling added to them.
  • On March 29th, the Company announced financial results for an eight-month period, ending December 31st, 2021.
  • The following selected financial data is summarized from the Companys consolidated financial statements and related notes thereto (the Financial Statements) for the three months ended March 31, 2022.

Prime Mining Financial Results and Update on Exploration

Retrieved on: 
Wednesday, March 30, 2022
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VANCOUVER, British Columbia, March 29, 2022 (GLOBE NEWSWIRE) -- Prime Mining Corp. (Prime, or the Company) (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt: O4V3) is pleased to report its operating and financial results for the eight months ending December 31, 2021.

Key Points: 
  • VANCOUVER, British Columbia, March 29, 2022 (GLOBE NEWSWIRE) -- Prime Mining Corp. (Prime, or the Company) (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt: O4V3) is pleased to report its operating and financial results for the eight months ending December 31, 2021.
  • Prime is focused on the exploration and development of its wholly owned Los Reyes Gold-Silver Project in Sinaloa State, Mexico (Los Reyes or the Project).
  • Prime Chief Executive Officer Daniel Kunz commented, With $22 million in cash, strong investor support, and an experienced technical and management team, Prime is well positioned to deliver on our planned Phase 2 exploration program at Los Reyes.
  • The following selected financial data is summarized from the Companys consolidated financial statements and related notes thereto (the Financial Statements) for the eight months ended December 31, 2021.

Prime Reports First Results from Guadalupe West and Provides Progress Update at Guadalupe East

Retrieved on: 
Thursday, February 24, 2022
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This is the first drilling reported by Prime from the Guadalupe West deposit (see Figures 1 and 2).

Key Points: 
  • This is the first drilling reported by Prime from the Guadalupe West deposit (see Figures 1 and 2).
  • The drill results reported today expand the overall gold-silver open-pit minable resource potential at Guadalupe West and indicate the deposit remains open along strike and at depth.
  • Guadalupe West has opportunity to add incremental near surface gold-silver resources that can be mined by open pit methods.
  • A longitudinal section of the Guadalupe West deposit (Figure 6) shows the structure is open along strike to the west and east and potentially at depth.

Noche Buena Deposit Size Expanding at Los Reyes

Retrieved on: 
Wednesday, January 12, 2022
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Noche Buena is one of eight known gold-silver deposits at Los Reyes and is the most south-easterly deposit on the 2.3 kilometre (km) long Central Structure.

Key Points: 
  • Noche Buena is one of eight known gold-silver deposits at Los Reyes and is the most south-easterly deposit on the 2.3 kilometre (km) long Central Structure.
  • The Central Structure is the least explored of the main corridors of mineralization at Los Reyes (see Figure 1).
  • Phase 2 includes 45 holes and 8,665 m of planned drilling of the Central Structure, including 21 holes and approximately 4,000 m at Noche Buena.
  • Drill core at the Los Reyes project is drilled in predominately HQ size (63.5 millimetre mm), reducing to NQ or BQ size ranges (47.6 mm and 36.5 mm respectively) when required.

Miami Beach Invites Travelers to Celebrate the Holiday Season with Festive Experiences and Luxurious Offerings All Season Long

Retrieved on: 
Wednesday, December 1, 2021
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MIAMI BEACH, Fla., Dec. 1, 2021 /PRNewswire/ --Travelers seeking a warm-weather escape this holiday season are in for a treat as Miami Beach rolls out festive experiences and luxurious offerings all season long.

Key Points: 
  • MIAMI BEACH, Fla., Dec. 1, 2021 /PRNewswire/ --Travelers seeking a warm-weather escape this holiday season are in for a treat as Miami Beach rolls out festive experiences and luxurious offerings all season long.
  • Visitors who choose to escape to Miami Beach this holiday season will have access to unbeatable offers and an array of memorable events, including:
    Shelborne South Beach invites travelers to celebrate the holidays with its new 'A Very Miami Holiday' package, available to guests who book the festive room.
  • Miami Beach's Hotel Gaythering will host Art Gaysel from December 2 4, celebrating LGBTQ artists on Miami Beach.
  • For the lateston specialty offers and events on Miami Beach this holiday season, follow @ExperienceMiamiBeachon Facebook , Instagram , and @EMiamiBeachon Twitter ; and download the Experience Miami Beach App at http://www.miamibeachapi.com/app/.

Prime Announces Commencement of Phase 2 Drilling at Los Reyes

Retrieved on: 
Wednesday, November 17, 2021
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VANCOUVER, British Columbia, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Prime Mining Corp. (Prime or the Company) (TSX-V: PRYM, OTCQB: PRMNF, Frankfurt: 04V3) announces Phase 2 drilling is underway at its wholly owned Los Reyes gold-silver project in Sinaloa State, Mexico (Los Reyes).

Key Points: 
  • VANCOUVER, British Columbia, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Prime Mining Corp. (Prime or the Company) (TSX-V: PRYM, OTCQB: PRMNF, Frankfurt: 04V3) announces Phase 2 drilling is underway at its wholly owned Los Reyes gold-silver project in Sinaloa State, Mexico (Los Reyes).
  • Phase 2 represents the Companys second year of drilling at Los Reyes.
  • This Phase 2 drilling will continue to advance the new discoveries made during Phase 1 at Guadalupe East, ZapoteTahonitas, and Mina 20/21.
  • Technical Advisor Kerry Sparkes added, This strategy favors wider-spaced drilling over closer-spaced infill drilling to test the full potential of Los Reyes.

Prime Mining Appoints New Board Member and Exploration Executive Q1 2022 Update on Exploration and Report to Shareholders

Retrieved on: 
Monday, September 27, 2021
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Prime is also pleased to provide an update on exploration and a report to shareholders concerning Q1 2022.

Key Points: 
  • Prime is also pleased to provide an update on exploration and a report to shareholders concerning Q1 2022.
  • On behalf of the board of directors and management, I welcome Edie to our Board and Scott as our key exploration executive.
  • Scott will lead our exploration program and team in our quest to continue the discovery process that will determine Los Reyes full potential.
  • The remaining 600,000 stock options will vest 1/3 after six months, 1/3 after twelve months, and 1/3 after eighteen months.

Colibri Completes IP Survey and Applies for Drilling Permit at the Evelyn Gold-Silver Project, Sonora, Mexico

Retrieved on: 
Thursday, September 9, 2021

A total of 82.5-line kilometres ("km") of 3D-IP have been competed in 2 phases at the Evelyn property.

Key Points: 
  • A total of 82.5-line kilometres ("km") of 3D-IP have been competed in 2 phases at the Evelyn property.
  • This feature is evident throughout the model and is interpreted as a moderately westerly dipping fault zone.
  • An application requesting permission to drill up to 56 holes at Evelyn was filed with SEMERNAT (Mexican environmental authority) on September 3rd, 2021.
  • The 3D IP survey on the Evelyn Property was completed in 2 phases with Phase 1 covering the eastern half and Phase 2 covering the western half.