Prime Mining: Expanding High-Grade Gold and Silver Resources in Mexico
Prime Mining continues to unlock significant gold and silver potential at its flagship Los Reyes property, leveraging exploration and resource expansion in Mexico’s prolific Sierra Madre Occidental belt.
Strategic Growth in the Sierra Madre Occidental
Prime Mining is advancing its high-grade gold and silver resource at the Los Reyes project in Mexico, a region renowned for its mineral-rich Sierra Madre Occidental belt. With 70% of the resource value attributed to gold and 30% to silver, the company has doubled its resource size and demonstrated promising underground and open-pit mining potential. This strategic approach combines technical de-risking with exploration, positioning the company for continued resource growth and future development.
In October 2024, Prime announced a resource update for Los Reyes, confirming its confidence in the project’s potential. The high-grade core of the ore body and the company’s robust financial position support ongoing efforts to expand and refine the resource base. With a focus on balancing exploration and operational planning, Prime Mining is charting a path toward sustainable growth in the precious metals sector.
For more information on Prime Mining Corp. (TSX: PRYM, OTCQX: PRMNF, watch their video HERE
Published by BTV - The Agency
Discover Investment Opportunities with BTV. Delivering engaging content to Investors for 25+ years.
.jpg)
You might also like
Critical Elements Lithium Poised to Support Growing Demand Beyond EVs
Critical Elements Lithium is ready to fuel tomorrow’s energy by advancing its Rose Lithium-Tantalum Project in Quebec. The company’s focus is on producing high-purity spodumene concentrate to supply the flourishing electric vehicle and energy storage systems industries.
Critical Elements Lithium: Is Quebec ready to deliver new North American supply?
Global lithium demand is expected to rise from roughly 1.2 million tonnes in 2025 to about 3 million tonnes by 2030, driven largely by electric vehicles and energy storage for ravenous data centres and artificial intelligence. Management believes supply will struggle to keep pace, creating room for new producers with near-term projects.
Harvest HPYB ETF Income From Canadian Banks
Harvest Premium Yield Canadian Bank ETF (HPYB) is built to generate higher income from Canadian bank stocks by combining bank exposure with an active options strategy that sells calls and puts, producing more tax-efficient cash flow than dividends alone.