Advancing Los Reyes
Stock Code:
TSX: PRYM
Company Exposure:
Gold, Silver
Project Locations:
Mexico
Prime is managed by an ideal mix of successful mining executives, strong capital markets personnel, and experienced local operators all focused on unlocking the full potential of the Los Reyes Project. The company has a well-planned capital structure with a strong management team and insider ownership. Prime is targeting a material resource expansion at Los Reyes through a combination of new generative area discoveries and growth, while also building on technical de-risking activities to support eventual project development.
Investment Highlights
- Substantial value creation currently underway at historic Los Reyes, an under explored, high-grade, gold-silver project in Mexico’s prolific Sierra Madre Belt
- Gold-silver resource doubled in May 2023; ongoing drilling demonstrating significant expansion potential
- Technical de-risking underway to assess processing and mining optionality / underground potential
- Robust approach to ongoing ESG programmes
- Accomplished management team and board of directors
- Significant insider ownership, supportive cornerstone shareholders, strong treasury
