PRIME MINING ADDS 5TH CORE DRILL AT LOS REYES

Prime Mining Corp_250221

Vancouver, February 25, 2021 – Prime Mining Corp. (“Prime” or the “Company”) (TSX-V: PRYM, OTCQB: PRMNF, Frankfurt: A2PRDW) is pleased to provide a drilling update on its 100% owned Los Reyes Gold-Silver Project (“Los Reyes”) located in the State of Sinaloa, Mexico. The Company’s 15,000 metre (“m”) Phase 1 diamond drill program began in December. The drill rig count at the Project has been increased to address logistical, geographic and Covid19-related challenges, so that the Company can maintain its previously communicated goals of completing Phase 1 drilling before onset of the rainy season in mid-August, completion of a new geological resource model during the rainy season hiatus and then initiate an aggressive Phase 2 drilling program in Q4 2021.

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