About Prime Mining Corp.
Gold and silver were discovered at Los Reyes by the Spanish in the late 1700s and mining occurred in the area for over 150 years up until the 1950s. It is estimated to have produced 500-600,000 oz of gold and 40M oz of silver at reported grades of +10 g/t Au and +500 g/t Ag. Modern exploration began at the Los Reyes area in the 1990s and was targeted at defining shallow and lower-grade gold-silver mineralization. To-date, over 40,000m of RC and core drilling have been completed within the project boundaries. Los Reyes has significant resource upside with open extensions to known resources as well as eight additional discrete exploration targets.