Prime Mining Reports Los Reyes Surface Sample Results of 63.0 Metres at 1.78 gpt Gold and 71.0 gpt Silver

By Prime Mining Corp

VANCOUVER, British Columbia, June 30, 2020 (GLOBE NEWSWIRE) — Prime Mining Corp. (TSX.V:PRYM) (OTCQB: PRMNF) (Frankfurt:A2PRDW(“Prime” or the “Company”) announced today that results from the Company’s ongoing surface exploration program continue to show significant mineralization at surface on the Los Reyes project, this time from the Tahonitas deposit, one of eight currently known adjacent gold-silver deposits. The Los Reyes mineralized zones are characterized by a low sulphide epithermal system containing silica stockwork veins that are generally formed in felsic subaerial complexes in extensional strike slip structural settings. Low sulphidation gold deposits are associated with magmas where ore deposition occurs several kilometres above the intrusion, and display certain alteration assemblages.

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