PRIME MINING CORP - PRMNF STOCK NEWS

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

PRIME MINING CORP (PRMNF) is a mining company focused on exploration and development projects in Mexico. The company's core business involves identifying and developing high-grade gold deposits with significant growth potential. With multiple active drill rigs at the Los Reyes site, PRIME MINING CORP aims to expand its mineral resources and advance its exploration activities to maximize shareholder value. PRIME MINING CORP is committed to maintaining the highest standards of safety, environmental stewardship, and community engagement in all its operations.

05/28/2024 06:00 AM

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Prime Extends High-Grade Silver and Gold Mineralization at Guadalupe East

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Prime Mining Corp. has announced significant expansion drilling results from its Los Reyes Project in Sinaloa, Mexico. Notable findings include 6.9 gpt gold-equivalent over 3.5 meters and 54.41 gpt gold-equivalent over 0.7 meters in the Guadalupe East area. These results indicate high-grade silver and gold mineralization, extending the resource potential beyond the 2023 estimates. The drilling program, which has completed 24,000 of the targeted 40,000 meters for 2024, continues to show promise with mineralization remaining open in multiple directions. The company plans to focus future drilling on high-grade zones and generative targets to further enhance resource potential.

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05/13/2024 06:15 PM

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Prime Mining Q1 2024 Financial and Operating Results

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Prime Mining (TSV: PRYM, OTCQX: PRMNF) announced its Q1 2024 results, highlighting progress at its Los Reyes Gold-Silver Project in Mexico. Key developments include a successful CEO transition from Daniel Kunz to Scott Hicks, expansion drill results from Guadalupe East and Las Primas, and a planned 40,000m drill program for 2024. The company intercepted high grades at multiple sites, including record highs at Guadalupe East with 17.95 gpt AuEq over 31.25m. Financially, Prime reported a loss of $6.45M for Q1 2024, slightly higher than the $5.99M loss in Q1 2023, with cash reserves standing at $27.9M. The company also emphasized its commitment to sustainability and community engagement.

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04/17/2024 06:00 AM

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Prime Reports 11.8 gpt gold-equivalent over 3.0 metres at Las Primas And Continues to Discover High Grades at Shallow Depths

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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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04/10/2024 06:00 AM

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Prime Discovers New High-Grade Shoot Containing 7.68 g/t gold-equivalent over 7.7 m

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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.

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03/26/2024 12:13 AM

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Prime Mining 2023 Financial and Operating Results

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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.

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02/21/2024 06:00 AM

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Prime Releases Final 2023 Drilling Results and Recap from Los Reyes

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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.

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02/06/2024 06:00 AM

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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

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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.

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01/24/2024 06:30 AM

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Prime Announces 2024 Outlook for Its High-Grade Los Reyes Gold-Silver Project

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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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01/24/2024 06:00 AM

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Prime Mining Announces Grant Of Incentive Securities

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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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01/16/2024 06:00 AM

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Prime Mining Announces CEO Succession

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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.

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FAQ

What is the current stock price of PRIME MINING (PRMNF)?

The current stock price of PRIME MINING (PRMNF) is $1.0399 as of December 20, 2024.

What is the market cap of PRIME MINING (PRMNF)?

The market cap of PRIME MINING (PRMNF) is approximately 163.1M.

What is PRIME MINING CORP's main focus?

PRIME MINING CORP is primarily focused on exploration and development projects in Mexico with a special emphasis on high-grade gold deposits.

How many active drill rigs does PRIME MINING CORP currently have?

PRIME MINING CORP has four active drill rigs at the Los Reyes site as of the latest update.

What is PRIME MINING CORP's commitment to sustainability?

PRIME MINING CORP is committed to maintaining the highest standards of safety, environmental stewardship, and community engagement in all its operations.

What are the key goals of PRIME MINING CORP's exploration activities?

PRIME MINING CORP aims to expand its mineral resources, advance exploration activities, and maximize shareholder value through the identification and development of high-grade gold deposits.

Where can I find more information about PRIME MINING CORP's exploration projects?

For more information about PRIME MINING CORP's exploration projects, visit the company's official website or refer to the latest news updates on stock market platforms.

What sets PRIME MINING CORP apart from other mining companies?

PRIME MINING CORP stands out for its focus on high-grade gold deposits, commitment to sustainability, and dedication to maximizing shareholder value through strategic exploration and development projects.

What regions does PRIME MINING CORP operate in?

PRIME MINING CORP operates primarily in Mexico, where it conducts exploration and development activities to identify and develop high-quality mineral resources.

How does PRIME MINING CORP ensure community engagement in its operations?

PRIME MINING CORP maintains strong community engagement practices by fostering open communication, respecting local traditions, and implementing sustainable development initiatives in the areas where it operates.

What are the core values of PRIME MINING CORP?

PRIME MINING CORP values safety, environmental stewardship, community engagement, and excellence in all its operations.

What is the long-term vision of PRIME MINING CORP?

PRIME MINING CORP aims to become a leading player in the mining industry by identifying and developing high-grade gold deposits, maintaining sustainable operations, and delivering value to its shareholders and stakeholders.