Prime Mining Corp. (TSX: PRYM | OTCQX: PRMNF | Frankfurt: 04V3) has reported expansion drilling results 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 May 2023 mineral resource estimate.
CEO, Scott Hicks, commented, “Following up on our April news release, in which we shared the discovery of a new shoot at the south-east end of Z-T, the drill results we are reporting today again reflect the high-grade nature of the Z-T Trend and its continuity at depth and along strike. We are continuing our drilling programme at the south-east end of Z-T while our generative drilling programme at the north-west end of Z-T is testing the Mariposa underground target. To-date, we have drill-tested a linear strike length of approximately 3km at Z-T.”
Highlights of the 15 core holes include:
- 6.93gpt gold-equivalent (AuEq) (6.64gpt Au and 22.4gpt Ag) over 2.9m estimated true width (etw) in hole 24TA-117, including 19.71gpt AuEq (18.90gpt Au and 62.8gpt Ag) over 1.0m etw
- 1.51gpt AuEq (1.0gpt Au and 39.6gpt Ag) over 14.2m etw in hole 24TA-119, including 4.34gpt AuEq (2.60gpt Au and 134.5gpt Ag) over 2.4m etw
- 1.47gpt AuEq (1.21gpt Au and 19.9gpt Ag) over 10.7m etw in hole 24TA-131, including 7.28gpt AuEq (6.80gpt Au and 37.4gpt Ag) over 0.8m etw
Additionally, the next steps for expansion drilling at the Z-T Trend are focused on the newly discovered high-grade shoot at Tahonitas defined by 24TA-110, -112, -116, -117, and -119, and to follow-up on open mineralization along strike at the far southeast end of the ZT trend.
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