Prime Mining Corp. is pleased to announce effective October 1, 2020 the appointment of Kerry Sparkes as Executive Vice President-Exploration, replacing Greg Liller who relinquishes his role as Chief Operating Officer but remains as technical advisor. With the appointment of Mr. Sparkes, Bruce Kienlen will also relinquish the title of Vice [...]
Prime Mining Corp. reported today that results from the Company’s ongoing surface sampling exploration program on the Los Reyes project continue to show outcropping surface mineralization consistent with the subsurface historic drilling results, this time from Noche Buena. Surface trench NB-4490N returned 42.0 metres at 1.93 grams per tonne gold [...]
Prime Mining Corp. is pleased to announce effective August 1, 2020 the appointment of Ian Harcus as Chief Financial Officer, replacing Mr. Simon Anderson who relinquishes his role as Chief Financial Officer but will remain with the Company in a transition capacity. Mr. Harcus is a Chartered Professional Accountant with more than 12 years of [...]
Prime Mining Corp. is pleased to announce that the Company has completed the acquisition of the Los Reyes gold and silver property in Sinaloa, Mexico with a payment of US$1,500,000 to Vista Gold Inc. , which was made on July 17, 2020 . With this payment, Vista no longer retains two separate 2% net smelter royalties on production from open-pit or [...]
Prime Mining Corp. is pleased to provide an update regarding the initial phase of exploration planned for its Los Reyes gold and silver project in Sinaloa, Mexico . The program is expected to cost approximately $6 million and has a targeted completion date of late Q1/2021. The Phase 1 program is focused on: upgrading and expanding the current [...]
Prime Mining Corp. announced today that results from the Company’s ongoing surface exploration program continue to show significant mineralization at surface on the Los Reyes project, this time from the Tahonitas deposit, one of eight currently known adjacent gold-silver deposits. The Los Reyes mineralized zones are characterized by a low [...]
Prime Mining Corp. is pleased to announce that Mr. Daniel Kunz has been appointed Chief Executive Officer, replacing Mr. Andrew Bowering who has been appointed Executive Vice-President. Both Mr. Kunz and Mr. Bowering remain members of the Company’s board of directors . In making this transition, Mr. Kunz is relinquishing his role as Executive [...]
Prime Mining is pleased to announce the completion of an offering of 20,000,000 units of the Company at a price of C$0.50 per Unit for gross proceeds of C$10,000,000. Each Unit consists of one common share of the Company and one common share purchase warrant exercisable at a price of C$1.10 until June 12, 2025. Clarus Securities Inc. and Desjardins [...]
Prime Mining is pleased to announce that it has entered into an agreement with Clarus Securities Inc. and Desjardins Securities Inc., whereby the Co-Lead Agents will raise up to C$10,000,000 through an Offering of up to 20,000,000 units of the Company to be priced at C$0.50 per Unit. Each Unit will consist of one common share in the Company and one [...]
Prime Mining Corp. reports that results from new trenches and road cuts in the Company’s ongoing surface exploration program continue to show wide mineralized areas over the Guadalupe West deposit. Prime also reports that following a two-week Easter holiday break, field crews have returned to Los Reyes and are operating under a Covid-19 response [...]
Prime Mining Corp. is pleased to announce that a technical report titled “Technical Report Los Reyes Property Sinaloa, Mexico” has been filed. The technical report was prepared by Stantec Consulting Ltd. for Prime’s Los Reyes Oxide Gold and Silver Project located near Cosal?, Mexico, and is in support of Prime Mining’s April 2, 2020 news release [...]
Prime Mining Corp. is pleased to announce an updated mineral resource estimate prepared by Stantec Consulting Ltd. for Prime’s Los Reyes Oxide Gold and Silver Project located near Cosal. Highlights The Updated Resource increases total oxide mineralized material and upgrades the assurance category estimate reliability. The new pit constrained [...]