Prime Mining Corp.

Name: Prime Mining Corp.
Address: 1507 - 1030 West Georgia St., Vancouver, BC, V6E 2Y3, CA
Telephone: +16044286128

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Prime Mining Corp.

Delivering shareholder value through strong leadership and technical excellence⚒️

TSX: PRYM | OTCQX: PRYMF

03/01/2024

Watch BTV-Business Television’s interview with Prime CEO Scott Hicks, airing on BNN Bloomberg March 2 & 3, 2023:

You can also check it out on the BTV homepage @ www.b-tv.com or the Thomson Reuters Insider Network at https://buff.ly/3ThWMcZ.

02/21/2024

PRIME RELEASES FINAL 2023 DRILLING RESULTS AND RECAP FROM LOS REYES

60,000m Post Resource Drilling Contributes to Significant Mineralization Expansion

Scott Hicks, CEO of Prime, commented, "2023 was a standout year for Prime. In addition to other corporate and technical achievements, we effectively doubled the gold-equivalent resource ounces at our high-grade Los Reyes Project with drilling up to our December 2022 resource drilling cutoff. In 2023 we completed almost 60,000 metres of drilling, and we are excited to recap this 2023 exploration work today, as well as releasing notable new generative area intercepts at Mina, Orito Sur and Mariposa. Our 2024 drill program is already underway at Las Primas, Z-T and Guadalupe, and we are starting to see some exciting results from this initial 40,000m program come in. As in previous years, we will revisit this program as we continue to achieve our exploration goals for the Company and are looking forward to sharing results with our stakeholders along the way.”

https://buff.ly/4bMIKaq

02/06/2024

PRIME INTERSECTS 3.74 GPT AUEQ OVER 5.7M AT Z-T IN NEW HIGH-GRADE MINERALIZED ZONE 350M BEYOND CURRENT RESOURCE PIT WHILE EXTENDING HIGH-GRADE SHOOTS AT DEPTH

Silver-rich results contribute to overall grade increases

Highlights include:

• 3.59 gpt gold-equivalent (3.54 gpt Au and 4.1 gpt Ag) over 6.6 m estimated true width in hole 23TA-85, including:
o 6.21 gpt AuEq (6.17 gpt Au and 2.9 gpt Ag) over 1.4 m etw, and including,
o 12.35 gpt AuEq (12.10 gpt Au and 19.1 gpt Ag) over 1.0 m etw.

• 2.09 gpt AuEq (1.26 gpt Au and 63.9 gpt Ag) over 11.6 m etw in hole 23TA-90, including:
o 3.83 gpt AuEq (2.61 gpt Au and 94.5 gpt Ag) over 2.2 m etw.

Prime Mining Corp. 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.”

Scott Smith, Executive Vice President of Exploration, added, “Today’s release reflects the potential for continued discovery of high-grade mineralization at Tahonitas. Additional access for drilling will enable us to further test the high potential of Z-T's open strike to the southeast. Ongoing drilling at Z-T aims to extend the high-grade shoots that remain open at depth, as well as following up on the newly discovered mineralization along strike.”

https://buff.ly/3UxxusE

02/02/2024

On January 16th, Prime announced that a CEO succession would be taking place with Scott Hicks, our Executive VP at the time, moving into the role of CEO for retiring Chief Executive, Daniel Kunz.

Yesterday marked Scott's first day in the role of CEO—we congratulate him and look forward to continued progress under his capable leadership.

Daniel's leadership as Prime's CEO, beginning in June 2020, has been integral to Prime's development and we wish him all the best in retirement!

01/24/2024

Prime Mining is pleased to announce its 2024 Outlook for its wholly owned high-grade Los Reyes Gold-Silver Project:

• Exploration: Continue success-based approach to drilling in 2024, targeting completion of 40,000 metres. Additional work will include geological mapping and geochemical sampling.

• Technical: Continue preliminary investigations of metallurgical, geotechnical and mine planning parameters, including process optimization, assessment of open pit versus underground opportunities and evaluation of permitting requirements.

• Community Engagement: Continue to engage with local ejidos (communities) through educational and community programming, access (road) improvements and water access.

• Los Reyes Resource Update: Target a late-2024 resource increase, subject to drilling results from the full year 2023 and on-going 2024.

Scott Hicks, Executive Vice President commented, “We begin the new year with approximately CAD$32.8 million in cash. In 2024, our aim is to further illustrate the immense potential of the Los Reyes property through an initial, fully funded 40,000 metres drilling campaign targeting resource expansion and proving up several key generative targets. We will continue to engage with our stakeholders at the corporate and community levels and maintain the highest levels of performance in health, safety and environmental stewardship. Technical work will continue to advance our understanding of the Project, along with permit planning.”

Daniel Kunz, retiring Chief Executive Officer added, “Prime has already started the year off with an exciting set of drill results from Los Reyes. I predict another standout year in 2024 given Prime’s strong financial position, its people, and platform for future growth under Scott’s leadership.”

Press Release: https://buff.ly/4b6xful

01/16/2024

PRIME MINING ANNOUNCES CEO SUCCESSION - Scott Hicks Appointed CEO and Director, Daniel Kunz to Retire

Prime announces that CEO Daniel Kunz is retiring effective February 1, 2024, and Scott Hicks, EVP, will succeed him as Chief Executive Officer at that time and has been appointed to the Board of Directors effective today. The seamless leadership transition completes a succession plan developed by the Board of Directors following Mr. Hicks’ appointment as Executive Vice President of Prime on August 17, 2022. Mr. Kunz will remain a Strategic Advisor and member of the Board. Mr. Kunz and Mr. Hicks will continue to work closely together.

Mr. Kunz remarked, “Andy Bowering and I worked together to create this valuable company and I now leave the CEO role in Scott’s capable hands.”

Scott Hicks added, “I have enjoyed working with Dan for the past 18 months at Prime and thank him for the strong financial and technical position that he has created here, and especially for the exceptional team with whom I look forward to continuing our work. The Los Reyes property demonstrates immense resource prospectivity, both in terms of magnitude and quality, and I am excited to lead the team in unlocking its exploration and subsequent development potential over the longer-term.”

🔗 https://buff.ly/41ZE38Q

01/10/2024

PRIME INTERCEPTS HIGH GRADES AT LAS PRIMAS AND RECORD HIGH GRADES AT GUADALUPE EAST

Drilling at Las Primas has intercepted several new high-grade mineralized structures that appear to have many similarities to Guadalupe East, located 500m to the northeast. This discovery highlights the potential at Las Primas, which lies entirely outside of the previously reported 2023 Mineral Resource Estimate. Early mineralization modeling suggests a vertical extent of over 300m and 450m along strike.

Drill hole 23GE-147 at Guadalupe East contains one of the highest grade intercepts ever recorded at the Project, with 45.3 gpt Au and 2,723 gpt Ag over 4.75m (80.6 gpt AuEq).

Prime Mining Corp. Chief Executive Officer Daniel Kunz commented on the Guadalupe East results, “The incredibly high-grade intercepts at Guadalupe East are exciting from a resource expansion perspective. 23GE-147 lies almost entirely within the 2023 economic Resource pit. The upper intercepts returned higher grades than what was predicted in the MRE block model while the lower intercepts are in what was previously estimated to be waste in the model. This material has the potential to substantively increase economic ounces in this part of Guadalupe East in our next Resource update.”

🔗 https://buff.ly/3NTXPNe

12/25/2023

Seasons Greetings, Merry Christmas and Happy New Year! / ¡Felices Fiestas! Felices Vacaciones, Feliz Navidad y Próspero Año Nuevo from the team at Prime Mining!

12/15/2023

Prime Mining was delighted to have cornerstone investor Pierre Lassonde join us to open the market this morning in celebration of our graduation to the TMX Group!

TMX Youtube🔗 https://buff.ly/41m47e5

12/13/2023

Prime further expands mineralization at Central Zone, Los Reyes Project – Central is one of three main zones hosting the gold-silver mineral resource estimate at Los Reyes Project.

Today’s drill results, along with previous holes in the area, extend the high-grade gold-equivalent shell approximately 250 m southeast along strike from the Noche Buena pit bottom, as well as intersecting new steeply dipping mineralization between the Noche Buena and San Miguel East pit areas.

As with results previously reported from the Z-T and Guadalupe Areas, drilling at Central is intended to identify gold-silver mineralization for potential resource expansion beyond the Company’s current MRE.

Prime Mining Corp. Chief Executive Officer Daniel Kunz—

“Together with prior results, post-resource drilling at Central supports the potential for an expanded, high grade, low strip ratio, open pit. These results also suggest a potential merger of Central’s currently outlined San Miguel East and Noche Buena pits.”

🔗 https://buff.ly/3GG0nKR

12/06/2023

We are pleased to announce the completion of our graduation to the main board of the Toronto Stock Exchange, a significant milestone in the evolution of Prime Mining Corp.

We are committed to sustained engagement with shareholders and the investment community as a new member of the TSX, Canada’s premier international stock exchange.

🔗 https://buff.ly/47AXZRv

Our ticker remains PRYM and began trading on the TSX this morning.

Address

1507 - 1030 West Georgia St.
Vancouver, BC
V6E 2Y3

Telephone

+16044286128

Website

https://primeminingcorp.ca/

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