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More Bonanza Grade Gold-Silver at Los Reyes as Ongoing Drilling Expands Guadalupe East and Zapote South 7th Drill Rig Added to the Project


VANCOUVER, British Columbia, May 25, 2021 (GLOBE NEWSWIRE)
Prime Mining Corp. (“Prime” or the “Company”) (TSX-V: PRYM), (OTCQB: PRMNF), (Frankfurt: A2PRDW), announces additional positive results from its continuing 15,000-metre first phase drill program (“Phase 1”) at its wholly owned Los Reyes gold-silver project in Sinaloa state, Mexico. The results include new drill core assays from the Guadalupe East and Zapote South deposits which are two of eight known gold-silver deposits that comprise the current mineral resource at Los Reyes. Twelve drill holes are being reported on, including seven holes from Guadalupe East, and five holes from Zapote South (see Figure 1). An additional four drill holes have also been completed at Guadalupe East, each encountering the Estaca vein, with assays pending. A seventh drill rig has been added to the project as the Company pursues completion of Phase 1 drilling prior to the upcoming rainy season.   ....

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Holly Street Announces Definitive Agreement for Qualifying Transaction with Southern Sky Resources Corp. and Reports Annual General Meeting Results


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Note that the drill hole assay data above was taken from historical press releases of another company which were disseminated prior to National Instrument 43-101 –
Standards of Disclosure for Mineral Projects (“
NI 43-101”) being enacted and Southern Sky was not able to locate these drill cores for independent verification.
Over the last eighteen months, Southern Sky has been working with a publicly traded company, Zonte Metals Inc. (TSX:V-ZON) (“
Zonte”), whereby Zonte provided technical advice and permitted Southern Sky to secure a five-year option agreement with a Colombian private company that holds Project X. Southern Sky has the rights to acquire a net 75% interest in the property and Zonte retains the rights to a 25% carried interest until a production decision. Southern Sky shall be the operator of Project X. ....

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