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 [...]
Andrew Bowering, CEO of Prime Mining Corp. , in response to volatility in capital markets provides the following update on current operations and plans of the Company. Prime has taken actions to minimize the risks of the Covid-19 virus, both to employees and people interacting with the Company’s programs and activities. Although there are no [...]
Andrew Bowering, CEO of Prime Mining Corp. announced today that the Company and representatives of Ejido Tasajera have signed a new long term agreement for surface use and compensation for disturbance of the Los Reyes project area . The Agreement has an initial term of 15 years and can be extended for an additional 15 year period. Covering project [...]
Andrew Bowering, CEO of Prime Mining Corp. announced today that results from new trenches, road cuts and adit sampling in the Company’s ongoing surface exploration program continue to show significant mineralized areas over the Zapote North and South deposits. Surface trenching and road cut sampling is part of Prime’s initial phase of [...]
Andrew Bowering, CEO of Prime Mining Corp. announced today that results from new trenches and road cuts in the Company’s ongoing surface exploration program continue to show significant mineralized areas on the Zapote North and South deposits. These results continue to show significant mineralization exposed at surface or at shallow depth [...]
Andrew Bowering, CEO of Prime Mining Corp. announced today that results from new trenches and road cuts in the Company’s ongoing surface exploration program show mineralized areas carrying good grades over significant widths in an area outside the historical resource of Zapote North and South. These initial results support Prime’s [...]
Andrew Bowering, CEO of Prime Mining Corp. announced today that the Company engaged Stantec Consulting Ltd. to prepare an estimate of the gold and silver resources for the Los Reyes Gold Silver Mine in Sinaloa, Mexico. The results of this estimate will be presented in a Technical Report prepared in accordance with the requirements of National [...]
Prime Mining Corp. is pleased to provide a year-end update regarding its100%-owned Sinaloa, Mexico-based Los Reyes gold-silver project. “As we start the new year, the entire team at Prime thank our shareholders and stakeholders for your interest in and continued support of Prime. As gold enjoys its brightest year since 2010, Prime came into [...]
