Prime Mining Corp. reported new results from core drilling at the Z-T Area, one of three main zones hosting a gold-silver mineral resource estimate announced May 2, 2023 at the Company's Los Reyes project located in Sinaloa State, Mexico. Prime's recently announced MRE contains 1,470,000 Indicated AuEq1 ounces at a 1.68 gpt average grade and [...]
Prime Mining Corp. is pleased to report its operating and financial results for the quarter ended March 31, 2023. Unless otherwise stated, all amounts are presented in Canadian dollars. Prime is focused on the exploration and development of its wholly owned high-grade Los Reyes Gold-Silver Project in Sinaloa State, Mexico . Prime released an [...]
Prime Mining Corp. announces that 14,025,410 common share purchase warrants issued by the Company on December 22, 2022 have now been exercised resulting in gross proceeds to the Company of $28,050,820. The Warrants were previously issued by the Company in connection with a brokered private placement and were exercisable at $2.00. The Company [...]
Prime Mining Corp. is pleased to announce an updated mineral resource estimate for its Los Reyes gold-silver project, located in Sinaloa State, Mexico. Resource Highlights: The addition of 100,000 metres of Prime drilling has doubled the current MRE compared to the April 2020 resource, with a discovery cost of approximately $US 25 per gold [...]
Prime Mining Corp. announces the publication of its sustainability report for the period ending December 31, 2022. Chief Executive Office Daniel Kunz commented, "We are pleased to publish our 2022 Report, marking an important milestone for Prime. The long-term sustainability of our business depends on balancing the enormous benefits that mining [...]
British Columbia, April 11, 2023 -- Prime Mining Corp. announces that it has elected to accelerate the expiry date of the common share purchase warrants issued on December 22, 2022 under the warrant indenture between the Company and Odyssey Trust Company and dated December 22, 2022 . Chief Executive Office Daniel Kunz commented, "Early exercise of [...]
Prime Mining Corp. is pleased to report its operating and financial results for the year ended December 31, 2022. Unless otherwise stated, all amounts are presented in Canadian dollars. Prime is focused on the exploration and development of its wholly owned high-grade Los Reyes Gold-Silver Project in Sinaloa State, Mexico . Prime Chief Executive [...]
Prime Mining Corp. announces assay results from drilling located outside of the current resource areas, indicating significant exploration upside beyond the forthcoming Q2 2023 mineral resource update. These results are from drill holes targeting previously undrilled or mineralized structures with limited drilling. With continued follow-up in 2023 [...]
Prime Mining Corp. is pleased to announce that it has granted a total of 700,000 incentive stock options and 307,838 deferred share units in accordance with the long-term incentive plan adopted by the Company. The Options were granted to management of the Company and are exercisable at the price of $1.97 per share for a term of five years. The [...]
Prime Mining Corp. is pleased to announce the details of its 2023 work program objectives and strategy at its Los Reyes high-grade oxide gold-silver deposit in Mexico. Chief Executive Officer, Daniel Kunz commented, "2023 is a big year for Prime, with release of the upcoming mineral resource estimate and a planned initial 35,000-metre drilling [...]
Prime Mining Corp. announces additional assay results from its recently completed Phase 2 drill program, and start of Phase 3 drilling. These results are from 48 drill holes in the Z-T area where Prime continues to delineate and expand the multi-million-ounce Los Reyes high-grade gold-silver deposit. Los Reyes and its three known gold-silver [...]
Prime Mining Corp. is pleased to announce the completion of its previously announced bought deal private placemen. A total of 14,030,000 units, including the full exercise of the over-allotment option, were sold at a price of $1.50 per Unit for gross proceeds of $21,045,000. Each Unit consists of one common share in the Company and one common share [...]