Prime Mining Corp.
TSXV:PRYM
Canada based company engaged in the acquisition, exploration and development of mineral resource properties, primarily targeting specialty metals.
Overview
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Canada-based mineral exploration company with one of the world’s highest-grade pure oxide open pit gold-silver deposits.
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Project Los Reyes located in historic mining region of Sinaloa, Mexico. Mexico has a long mining history and is considered a favorable operating environment as the largest silver producer and a leading producer of gold.
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Los Reyes project has the following zones: Zapote South, Zapote North,Tahonitas, Noche Buena, San Miguel East, San Miguel West, Las Primas, Guadalupe East, Guadalupe West
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Guadalupe East Drilling Phase 2 Drilling will test the Guadalupe East veins including the Estaca Vein. Management is expecting that this Phase drilling will strengthen their knowledge of the boiling zone controls and geometry. Mina zone will be a high priority for the Phase 2 dependent on drill permits and new road and drill pad construction.
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Mina 20/21 New focus area, located 1.3km northeast of the Guadalupe East Deposit is the most eastern based of the gold-silver deposits at Los Reyes..6 Holes were completed at Phase 1 Drilling.
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Highlights from the Phase 1 drilling: 1.45 gpt Au and 29.3 gpt Ag over 3.7 m (1.85 m etw) from 91.0 m downhole (21Mina-05); 1.72 gpt Au and 29.6 gpt Ag over 3.85 m (3.20 m etw) from 23.7 m downhole (21Mina-06);