Prime Mining Announces Commencement of Phase 2 Drilling at Los Reyes

VANCOUVER, British Columbia, Nov. 17, 2021 (GLOBE NEWSWIRE) — Prime Mining Corp. (“Prime” or the “Company”) (TSX-V: PRYM, OTCQB: PRMNF, Frankfurt: 04V3) announces Phase 2 drilling is underway at its wholly owned Los Reyes gold-silver project in Sinaloa State, Mexico (“Los Reyes”). Phase 2 represents the Company’s second year of drilling at Los Reyes. Phase 2 will include over 250 new drill holes, for a minimum of 50,000 metres (“m”) with a focus on identifying additional higher mill-grade gold-silver mineralization identified in three corridors of mineralization at Los Reyes. Presently, the drill program includes up to eight diamond drills and up to three reverse circulation drills. Several new targets immediately adjacent to these corridors have been identified and will be drilled for the first time as part of Phase 2.

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