Prime Mining Reports Exceptional Drilling Results at Noche Buena
Prime Mining's Promising Expansion Drilling Results
Prime Mining Corp. (TSX: PRYM) (OTCQX: PRMNF) (Frankfurt: 04V3) is excited to share results from its ongoing exploration activities at the Los Reyes Project, a high-grade gold-silver operation located in Mexico. Recent drilling at the Central Trend has unveiled impressive results, highlighting a rich 400-metre high-grade shoot at Noche Buena.
Key Highlights from the Central Trend Drilling
The latest drilling campaign comprises 14 core holes, with 9 submissions from the southernmost section known as Noche Buena. Among the findings, several holes exhibit remarkable gold and silver grades, laying the groundwork for future exploration:
Significant Drill Results
- Hole 24NB-78 intercepted 3.48 grams per tonne of gold-equivalent (g/t AuEq), translating to 3.12 g/t Au and 27.7 g/t Ag over an estimated true width of 7.6 metres. This hole includes sections of extremely high grades, with 8.64 g/t AuEq over 2.8 metres, and peak intervals showing 16.22 g/t AuEq.
- Hole 24NB-67 reported 2.16 g/t AuEq over 11.3 metres. Notably, the 2.3-metre core featured an elevated grade of 8.65 g/t AuEq.
- Another promising hole, 24NB-77, indicated 1.65 g/t AuEq across 11.2 metres, with an exceptional peak of 4.24 g/t AuEq within a 1.8-metre section.
Statements from Company Officials
Scott Hicks, the CEO of Prime Mining Corp., expressed his enthusiasm: "The newly defined high-grade shoot at Noche Buena has exceeded our previous expectations, extending well beyond our last resource assessment. The mineralization suggests excellent prospects for underground expansion, particularly at depth and along strike to the south, as we amplify our drilling efforts in the upcoming year."
Adding to the optimism, Scott Smith, EVP of Exploration, noted that the drilling at Noche Buena not only confirms a potential 300-metre high-grade shoot but also opens up new avenues for increased resource estimation with follow-up drilling planned for 2025.
The Expansion Potential at Noche Buena
The geological interpretation suggests that the remarkable gold and silver findings at Noche Buena establish a 400-metre high-grade shoot, with further opportunity for additional resource delineation. The latest drill hole, 24NB-78, represents a significant extension and demonstrates a solid pathway for potential resource growth in the Central Trend.
Ongoing Drilling and Future Plans
Prime Mining is currently employing six drill rigs on-site to actively explore:
- Enhancing the already established high-grade resource across the Central Area, particularly at Noche Buena as it connects to San Miguel East.
- Exploring the potential at Guadalupe East while following up on high-grade intercepts encountered in previous drilling campaigns.
- Additional generative target drilling at locations such as Las Primas and Mariposa.
Conclusion and Call to Action
With robust results emerging from a successful drilling campaign, Prime Mining Corp. is poised for an exciting year ahead. Ongoing exploration at Los Reyes may reveal further significant gold and silver resources. The company’s strategy remains focused on unlocking the full potential of its projects while ensuring sustainable and responsible mining practices.
Frequently Asked Questions
What is the significance of the recent drill results?
The drill results showcase high gold and silver grades that indicate a strong potential for resource expansion at the Noche Buena site.
How many drill holes were reported?
A total of 14 drill holes were reported, with notable results from the southernmost section known as Noche Buena.
What are the next steps for Prime Mining?
Prime Mining plans to continue its drilling efforts in 2025, focusing on expanding the resource base at Noche Buena and connecting to San Miguel East.
Who can I contact for more information about Prime Mining?
For inquiries, reach out to Scott Hicks, CEO & Director, or Indi Gopinathan, VP of Capital Markets & Business Development at Prime Mining Corp.
Where can I find more details about the Los Reyes Project?
Details about the Los Reyes Project can be found on Prime Mining's website, which also includes information about ongoing and future exploration activities.
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