Prime Mining Corp. (TSX: PRYM | OTCQX: PRMNF | Frankfurt: 04V3) is reporting expansion drilling results from the company’s Los Reyes Project, located in Sinaloa State, Mexico. These results are from 2024 drilling at the Guadalupe Trend and are not included in the company’s 15 October 2024, mineral resource estimate (MRE).
Prime Mining Corp., CEO Scott Hicks commented, “Guadalupe East continues to provide exceptional high-grade results. In targeting the sparsely drilled 700m gap between the main ‘Laija’ area at Guadulupe East and the Echeguren Shaft, we continue to find mineralization. Drill hole 24GE-160 is particularly outstanding for its high-grade gold and silver, measuring half an ounce of gold and over 2kg of silver over a metre in length. Both drill holes 24GE-160 and 24GE-162 demonstrate the potential for further expansion of mineralized material, amenable for underground extraction.”
The company has reported four core holes at Guadalupe East, located in the south-east end of the Guadalupe Trend with the following highlights:
- 2.07g/t AuEq (14.25g/t Au and 2,150.0g/t Ag) over 1.0m ETW in hole 24GE-160
- 11.33g/t AuEq (3.34g/t Au and 617.4g/t Ag) over 1.3m ETW, including 21.28g/t AuEq (6.27g/t Au and 1,160.0g/t Ag) over 0.7m ETW
- 5.32g/t AuEq (1.80g/t Au and 271.8g/t Ag) over 2.4m ETW in hole 24GE-162, including 7.34g/t AuEq (2.41g/t Au and 381.0g/t Ag) over 1.5m ETW
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