Prime Reports First Results from Guadalupe West
and Provides Progress Update at Guadalupe East

Vancouver, February 24, 2022 – Prime Mining Corp. (“Prime” or the “Company”) (TSX-V: PRYM, OTCQB: PRMNF, Frankfurt: 04V3) announces positive drill hole results from its first drill program at the Guadalupe West deposit and provides a progress report on drilling at its Guadalupe East deposit. Guadalupe East and West are two of the eight known gold-silver deposits at the Company’s wholly owned Los Reyes project in Sinaloa State, Mexico (the “Project”).

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