07:16 AM EDT, 04/10/2024 (MT Newswires) -- Prime Mining Corp. ( PRMNF ) on Wednesday reported expansion drilling results from the Los Reyes project in Mexico. These results are from 2024 drilling at the Z-T Area and are not included in the company's May 2, 2023 Mineral Resource Estimate.

Highlights include 7.68 grams per tonne (g/t) gold equivalent over 7.7 meters, 1.98 g/t gold equivalent over 16.9 meters and 23.97 g/t gold equivalent over 0.8 meters.

"High-grade mineralization at meaningful widths continues to develop at Tahonitas at the south-east end of the Z-T Trend, demonstrating potential to grow the existing mineral resource estimate," CEO Scott Hicks said.

"We are excited to see the development of this new lobe at Tahonitas and the exceptional grades being registered, both for gold and silver. This area remains open and is targeted for additional drilling," Hicks added.

The company rose 1.3% yesterday.