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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.
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Prime Mining Corp. (PRYM) confirms graduation to the Toronto Stock Exchange (TSX) but experiences a delay in TSXV delisting, with trading expected to commence on the TSX on December 6, 2023. The company reassures investors of no undisclosed material concerning its affairs.
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Prime Mining Corp. (PRYM) will graduate to the Toronto Stock Exchange on December 5, 2023, trading under the same symbol 'PRYM'. The company's Los Reyes Gold-Silver Project in Mexico has shown significant growth, with a multi-million-ounce high-grade open pit constrained resource. Prime has also strengthened its board and management team, increased its cash position, and is planning an extensive drill program for 2024.
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Prime Mining Corp. (TSX.V: PRYM) (OTCQX: PRMNF) (Frankfurt: O4V3) reported its operating and financial results for the quarter ended September 30, 2023. The company is focused on the exploration and development of its Los Reyes Gold-Silver Project in Sinaloa State, Mexico. The quarter saw significant drilling results and positive financial conditions for future plans.
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Prime Mining Corp. (PRYM) reports expansion drilling results from its Los Reyes Project in Mexico, highlighting high-grade gold and silver results, including 6.30 gpt AuEq over 6.3 m etw in the Tahonitas area. The results extend mineralization approximately 250m down-dip from the May 2023 resource pits, with the exploration team targeting specific areas of these growing high-grade shoots to add Resources within the Z-T Area pit constrained shapes.
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Prime Mining Corp. reports expansion drill results from its Los Reyes Project in Mexico. The results indicate potential for expansion of the current resource inventory, particularly in the Z-T and Guadalupe Zones. The Z-T Zone has a newly discovered high-grade shoot with a length of over 500m and true widths ranging from 11.4m to 20.5m. The Guadalupe Zone continues to intersect bonanza grades. The Central Zone has the potential to expand mineralization along strike to the southeast.
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New drilling at Las Primas and Fresnillo shows highest grades yet, with 12.3 gpt AuEq over 2.5m and multiple thick gold-silver intervals. Follow-up drilling planned.
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Prime Mining Corp. reports its operating and financial results for Q2 2023. The company increased its cash balance to $41 million, published a new Mineral Resource Estimate for the Los Reyes Project, and welcomed a new member to its board of directors. Exploration highlights include wide and high-grade intercepts in the Z-T and Central Zones resource areas.
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FAQ
What is the current stock price of PRIME MINING (PRMNF)?
The current stock price of PRIME MINING (PRMNF) is $1.31 as of October 15, 2024.
What is the market cap of PRIME MINING (PRMNF)?
The market cap of PRIME MINING (PRMNF) is approximately 208.0M.
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.
PRIME MINING CORP
OTC:PRMNF
PRMNF Rankings
PRMNF Stock Data
207.98M
113.00M
22%
27.25%
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