Prime Mining Corp. (TSX: PRYM | OTCQX: PRMNF | Frankfurt: 04V3) has reported expansion drilling results and new “Tahonitas Footwall” discovery from the company’s Los Reyes Project, located in Sinaloa State, Mexico.
These results are from 2024 drilling at the Z-T Trend and are not included in the company’s 15 October 2024 mineral resource estimate (MRE).
Prime Mining Corp. CEO, Scott Hicks, commented, “The quality of the high-grade results from the new Tahonitas Footwall Zone in Z-T demonstrates the continued resource expansion potential beyond what has been included in the updated underground and open pit MRE. The southern-most holes are over 650m south of the MRE pit crest and approximately 250m along strike from the southern-most stope. All intercepts in these highlight drill holes are less than 200m from surface and located south along strike and outside the resource pit crest, with potential for either open pit or underground extraction.”
The company has reported 25 core holes at the Z-T Trend, 14 of which are from Tahonitas, located in the south-east end of the Z-T Trend, with the following highlights:
– 5.67g/t AuEq (2.23g/t Au and 266.1g/t Ag) over 4.2m etw in hole 24TA-149, including:
– 9.49g/t AuEq (3.94g/t Au and 428.7g/t Ag) over 2.1m etw
– 1.62g/t AuEq (1.36g/t Au and 19.9g/t Ag) over 15.2m etw in hole 24TA-144, including:
– 4.94g/t AuEq (4.22g/t Au and 55.3g/t Ag) over 3.7m etw
– 4.93g/t AuEq (2.55g/t Au and 184.0g/t Ag) over 3.3m etw in hole 24TA-153, including:
– 14.09g/t AuEq (7.09g/t Au and 541.0g/t Ag) over 1.1m etw
Prime will continue to evaluate drilling plans using its success-based approach into 2025. This evaluation will also include prioritization of targets based on probability of resource development and generative area discovery potential. Six drill rigs are currently active on site at Los Reyes for further exploration works.
To find out more, please visit www.primemining.com.ca
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