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Prime Mining Corp - PRMNF STOCK NEWS

Welcome to our dedicated news page for Prime Mining (Ticker: PRMNF), a resource for investors and traders seeking the latest updates and insights on Prime Mining.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Prime Mining's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Prime Mining's position in the market.

News
Prime Reports 11.8 gpt gold-equivalent over 3.0 metres at Las Primas And Continues to Discover High Grades at Shallow Depths
Rhea-AI Summary
Prime Mining Corp. reports generative drilling results from the Los Reyes Project in Mexico, highlighting 11.8 gpt gold-equivalent over 3.0 meters at Las Primas. The Company's CEO and EVP of Exploration are optimistic about the high-grade mineralization near-surface, showcasing significant potential for resource growth.
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Prime Discovers New High-Grade Shoot Containing 7.68 g/t gold-equivalent over 7.7 m
Rhea-AI Summary
Prime Mining Corp. reports expansion drilling results at the Los Reyes Project in Mexico, showcasing high-grade gold and silver mineralization at Tahonitas. The Company's CEO highlights the potential for resource growth and exceptional grades. The Z-T Area remains open for further drilling, with significant mineralization at depth and along trend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.1%
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News
Prime Mining 2023 Financial and Operating Results
Rhea-AI Summary
Prime Mining Corp. reports its 2023 operating and financial results, focusing on the Los Reyes Gold-Silver Project in Mexico. The company highlights high-grade drilling results, corporate developments, and legal victories. Financially, Prime shows a loss of $24.4 million for 2023 but ends the year with $33.8 million in cash.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.5%
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earnings
News
Prime Releases Final 2023 Drilling Results and Recap from Los Reyes
Rhea-AI Summary
Prime Mining Corp. reported significant mineralization expansion at its Los Reyes Gold-Silver Project in Mexico. The company doubled its gold-equivalent resource ounces in 2023, completed nearly 60,000 meters of drilling, and ended the year with strong financials. Key highlights include high-grade mineralization expansion at Z-T, Guadalupe Trend, and Central Trend, along with successful generative drilling at Las Primas, Mariposa, and Fresnillo.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.11%
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News
Prime Intersects 3.74 gpt AuEq Over 5.7m at Z-T in New High-Grade Mineralized Zone 350m Beyond Current Resource Pit While Extending High-Grade Shoots at Depth
Rhea-AI Summary
Prime Mining Corp. has reported expansion drilling results from the Los Reyes Project in Mexico, showing high-grade mineralization at the Z-T Area, including gold-equivalent grades of 3.59 gpt over 6.6m, 2.09 gpt over 11.6m, and 3.74 gpt over 5.7m, among others. The Company aims to extend high-grade shoots open at depth and along strike in 2024, targeting 40,000 metres in its drill program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.34%
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News
Prime Announces 2024 Outlook for Its High-Grade Los Reyes Gold-Silver Project
Rhea-AI Summary
Prime Mining Corp. plans to undertake a 40,000-metre exploration drilling program and further technical investigation of its high-grade Los Reyes Gold-Silver Project in Sinaloa State, Mexico. The company aims to target a late-2024 resource increase and continue to engage with local communities through educational and community programming. The 2024 exploration drilling will focus on extending high-grade areas, expanding known mineralization, and generative target drilling.
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Prime Mining Announces Grant Of Incentive Securities
Rhea-AI Summary
Prime Mining Corp. has announced the granting of 991,626 incentive stock options, 455,846 restricted share units, and 661,202 deferred share units in accordance with the long-term incentive plan. The options are exercisable at $1.83 per share and will vest over a three-year period. The RSUs and DSUs were granted to the management and board of directors, respectively, with vesting and settlement details provided.
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Prime Mining Announces CEO Succession
Rhea-AI Summary
Prime Mining Corp. announces the retirement of CEO Daniel Kunz, effective February 1, 2024, and the appointment of Scott Hicks as the new CEO and Director. The seamless leadership transition completes a succession plan developed by the Board of Directors. Hicks brings over 20 years of industry experience and has been actively engaging with the investment community. Kunz will remain a Strategic Advisor and member of the Board. The company has achieved significant milestones, including graduation to the main board of the Toronto Stock Exchange and an updated Mineral Resource Estimate for the Los Reyes Project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
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News
Prime Intercepts High Grades at Las Primas and Record High Grades at Guadalupe East
Rhea-AI Summary
Prime Mining Corp. (TSX: PRYM) (OTCQX: PRMNF) (Frankfurt: 04V3) reports expansion and generative drill results from its 2023 program at Los Reyes Project, Mexico, including high-grade mineralized structures at Las Primas and Guadalupe East.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.12%
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News
Prime Further Expands Mineralization at Central
Rhea-AI Summary
Prime Mining Corp. (PRYM) reports expansion drill results from its ongoing 60,000m 2023 drill program at the Los Reyes Project in Sinaloa State, Mexico. The results extend the high-grade gold-equivalent shell approximately 250m southeast along strike from the Noche Buena pit bottom, as well as intersecting new steeply dipping mineralization between the Noche Buena and San Miguel East pit areas. The Company is reporting 10 core holes at the Noche Buena target and 3 core holes at the San Miguel East target.
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Prime Mining Corp

OTC:PRMNF

PRMNF Rankings

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PRMNF Stock Data

230.97M
110.78M
23.34%
26.85%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
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