Prime Mining Corp. (TSX: PRYM | OTCQX: PRMNF | Frankfurt: 04V3) has reported expansion drilling results from the company’s Los Reyes Project, located in Sinaloa State, Mexico.
These results are from 2023 drilling at the Z-T Area and are not included in the company’s May 2023 mineral resource estimate.
Compelling results include:
• 3.59g/t AuEq (3.54g/t Au and 4.1g/t Ag) over 6.6m estimated true width (etw) in hole 23TA-85, including:
o 6.21g/t AuEq (6.17g/t Au and 2.9g/t Ag) over 1.4 m etw, and including,
o 12.35g/t AuEq (12.10g/t Au and 19.1g/t Ag) over 1.0m etw
• 2.09g/t AuEq (1.26g/t Au and 63.9g/t Ag) over 11.6m etw in hole 23TA-90, including:
o 3.83g/t AuEq (2.61g/t Au and 94.5g/t Ag) over 2.2m etw
• 3.74g/t AuEq (0.99g/t Au and 212.5g/t Ag) over 5.7m etw in hole 23TA-100, including:
o 10.94g/t AuEq (2.97g/t Au and 616.0g/t Ag) over 1.3m etw
• 2.33g/t AuEq (0.83g/t Au and 115.9g/t Ag) over 7.1m etw in hole 23TA-91, including:
o 8.14g/t AuEq (2.85g/t Au and 409.0g/t Ag) over 0.9m etw
• 2.21g/t AuEq (0.69g/t Au and 117.8g/t Ag) over 5.0m etw in hole 23TA-94
• 6.39g/t AuEq (4.51g/t Au and 145.3g/t Ag) over 1.2m etw in hole 23TA-99
Chief executive officer, Scott Hicks, commented, “Drilling at the Z-T Area has discovered a new high-grade mineralized zone of over 350m, along strike to the southeast of the Tahonitas resource pit and has also extended two separate high-grade plunges in this area by an additional 70 to 80m down-dip. Mineralization here now continues 300m down-dip from the May 2023 resource pits. We are excited to see the potential of this expansion target evolve.”
In addition, Prime is targeting 40,000m in its 2024 drill programme and will continue to evaluate drilling plans using its success-based approach. This evaluation will also include prioritization of targets based on probability of resource development and generative area discovery potential.
To find out more, please visit www.primemining.com.ca
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