Prime Mining Corp. (TSXV: PRYM) has appointed Ausenco Engineering Canada ULC to lead the Preliminary Economic Assessment (PEA) for its wholly owned Los Reyes gold-silver project in Sinaloa, Mexico. The study aims to outline a high-return, low-capital, long-life operation, incorporating over 221,000m of drilling completed through the end of 2024 and extensive technical work conducted to date.
Ausenco’s selection is based on its extensive experience with similar-scale projects in Mexico, including advancing Silvercrest’s Las Chispas Project, leading Discovery Silver’s Cordero Project Feasibility Study, and providing process design expertise for GoGold’s Los Ricos Project. Prime will also continue collaborating with AGP Mining Consultants Inc., Knight Piésold Ltd., and Kappes Cassiday & Associates to deliver a comprehensive, independent study.
The PEA is targeted for completion in the third quarter of 2025. Concurrently, Prime plans to maintain its exploration efforts, focusing on expanding high-grade zones and testing new targets to further grow the resource base at Los Reyes.
For more information, visit www.primeminingcorp.ca
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