Prime Mining Corp. is pleased to report its operating and financial results for the three months ended October 31, 2020. Unless otherwise stated, all amounts are presented in Canadian dollars . Prime Mining is focused on the development of the Los Reyes Gold-Silver Deposit in Sinaloa Mexico. Prime Mining’s Chief Executive Officer Daniel Kunz [...]
Prime Mining Corp. announces that the first of at least two drill rigs has been mobilized to site for the Company’s inaugural 10,000 metre diamond drill program on its 100% owned Los Reyes Gold and Silver Project in Sinaloa, Mexico. Additionally, new infill trench results from Zapote North continue to identify high-grade mineralization [...]
Prime Mining Corp. reported today that results from the Company’s ongoing surface and subsurface sampling exploration program on the Los Reyes project continue to show resource expansion potential, this time in the Guadalupe East deposit. Guadalupe East is one of eight deposits that make up Los Reyes project resource. Rock chip sampling inside the [...]
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 [...]
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