VIDEO - CEO Clips - Prime Mining: Expanding High-Grade Gold and Silver Resources in Mexico
Prime Mining Corp. (TSX: PRYM) (OTCQX: PRMNF) is aggressively expanding its gold and silver resources in Mexico.
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Rhea-AI Summary
Prime Mining Corp. (TSX: PRYM) (OTCQX: PRMNF) is aggressively expanding its gold and silver resources in Mexico. The company has made significant progress at its Los Reyes project:
1. In May 2023, Prime doubled their initial resource estimate for Los Reyes, based on drilling completed through 2022.
2. They are now targeting an additional 110,000 metres of drilling by the end of 2024.
3. Prime Mining is evaluating both open pit and underground mining approaches, which could provide greater operational flexibility and long-term growth potential.
The company's efforts are focused on a prolific mining region in Mexico, positioning them for potential future success in the precious metals sector.
Positive
- Doubled initial resource estimate for Los Reyes project in May 2023
- Targeting 110,000 additional metres of drilling by end of 2024
- Evaluating both open pit and underground mining approaches for operational flexibility
Negative
- None.
Details
News Market Reaction – PRMNF
The recorded move for PRMNF in the trading session of this news was +4.06%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2024) - Prime Mining Corp. (TSX: PRYM) (OTCQX: PRMNF) - is aggressively advancing its gold and silver resource base. In May 2023, Prime doubled their initial resource estimate for Los Reyes, based on drilling to the end of 2022. Now, they are now well on their way to drilling a further 110,000 metres by the end of 2024. Prime Mining is evaluating both open pit and underground mining approaches, allowing for greater operational flexibility and long-term growth in Mexico's prolific mining region.
Prime Mining Corp. (TSX: PRYM) (OTCQX: PRMNF)
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225934
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