Prime Mining Reports Results of Guadalupe East Sampling at Los Reyes Continue to Demonstrate Resource Expansion Potential

PrimeMining_26102020

VANCOUVER, British Columbia, Oct. 26, 2020 (GLOBE NEWSWIRE) — Prime Mining Corp. (the “Company”) (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt: A2PRDW) reported today that results from the Company’s ongoing surface and subsurface sampling exploration program on the Los Reyes project continue to show resource expansion potential, this time in the Guadalupe East deposit. Guadalupe East is one of eight deposits that make up Los Reyes project resource. Rock chip sampling inside the old, existing mine adit GE-Adit 17 returned 2.21 grams per tonne (“gpt”) gold (“Au”) and 95 gpt silver (“Ag”) over 46 metres (“m”), including 29.0 gpt Au and 226 gpt Ag over 2.0 m. Sampling in the adit, which lies outside of the current Guadalupe East resource boundary, was on 2 metre intervals across the adit roof (see Table 1). The true vein width is not known at this time.

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