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Prime Mining Reports FY 2024 Loss of $0.18 Per Share
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Prime Mining Reports FY 2024 Loss of $0.18 Per Share
Mar 26, 2024 4:20 AM

07:05 AM EDT, 03/26/2024 (MT Newswires) -- Prime Mining Corp. ( PRMNF ) overnight Monday reported its FY 2024 results.

The company recorded a loss of $24.4 million, or $(0.18) per diluted share, compared with a loss of $27.4 million, or $(0.24) per share, last year.

Prime is targeting 40,000 metres in its 2024 drill program, and five drill rigs are currently active on site at its Los Reyes project in Mexico.

CEO Scott Hicks said, "2023 was a year of transformation for Prime, setting the stage for our 2024 drilling and technical programs, which include 40,000 metres of drilling. As we continue to explore Los Reyes and expand our technical understanding of the project, we remain dedicated to sustainable growth and project advancement."

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