VANCOUVER, British Columbia, Nov. 3, 2022 (GLOBE NEWSWIRE) — Prime Mining Corp. (“Prime” or the “Company”) (TSX.V: PRYM) PRMNF (Frankfurt: O4V3) is pleased to report its operating and financial results for the three months ended September 30, 2022. Unless otherwise noted, all amounts are in Canadian dollars. Prime is focused on the exploration and development of its 100% owned Los Reyes gold-silver project in Sinaloa State, Mexico (“Los Reyes” or the “Project”).
Prime Chief Executive Officer Daniel Kunz commented, “Phase 2 exploration activities are nearing completion and we continue to make strong progress in all three main areas of the project having now drilled over 96,000 metres. During the quarter, step-out drilling at the Central Zone made discoveries of both mill and heap leach grade mineralization that are expanding the potential resource, with drilling continuing to intersect multiple veins downhole. Additional high-grade drill results at Guadalupe have also highlighted the mineralized Shell extended there by several hundred meters along strike and down dip. We look forward to receiving further assays as they become available.”
Company highlights during the quarter
On 08/17th, the Company announced the appointment of Mr. Scott Hicks as Executive Vice President who brings over 20 years of mining experience, most recently as Senior Vice President Technical Services, Geology and Mine Planning at Kinross Gold Corporation. Mr Hicks has…
