PRIME MINING CORP - PRMNF STOCK NEWS

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.

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.

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.

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.

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.

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.

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.

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.

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.