Prime Mining Reports Promising Drilling Results from Z-T Area at Los Reyes
Prime Mining Corp. has announced expansion drilling results from its Los Reyes Project in Sinaloa State, Mexico. The drilling focused on the Z-T Area, which was not included in the company's previous Mineral Resource Estimate. The results indicate high-grade gold and silver mineralization beyond the resource pits at Tahonitas, with significant intercepts of gold-equivalent grades. The drilling program is part of Prime Mining's success-based approach to resource expansion and exploration. The company plans to continue drilling in the Z-T Area and other target areas to further evaluate the project's potential.
Expansion Drilling Highlights
The drilling in the Tahonitas area of the Z-T Area yielded promising results, including:
- 2.49 grams per tonne ("gpt") gold-equivalent ("AuEq") over 20.1 meters ("m") estimated true width ("etw") in hole 23TA-79, with a higher-grade intercept of 6.30 gpt AuEq over 6.3 m etw.
- 2.00 gpt AuEq over 5.5 m etw in hole 23TA-80, with a higher-grade intercept of 3.59 gpt AuEq over 1.8 m etw.
- 1.14 gpt AuEq over 4.45 m etw in hole 23TA-73, with a higher-grade intercept of 3.51 gpt AuEq over 1.0 m etw.
These results indicate the continuation of high-grade mineralization and the potential for resource expansion within the Z-T Area at Los Reyes.
Future Plans and Exploration
Prime Mining Corp. plans to continue its drilling program with six drill rigs currently operating at the Los Reyes Project. The focus will be on extending the high-grade shoots in the Z-T Area, expanding other resource areas, and exploring new generative targets. The company remains committed to evaluating its drilling plans and utilizing a success-based approach to unlock the full potential of the project.
In conclusion, the promising drilling results from the Z-T Area at Los Reyes demonstrate the potential for resource expansion and further exploration. Prime Mining Corp. continues to advance its drilling program and evaluate the project's growth opportunities.
A New Business Perspective on Prime Mining's Drilling Results
The recent announcement by Prime Mining Corp. of promising drilling results from the Z-T Area at Los Reyes could have a significant impact on new businesses in the mining sector, and even those in the broader supply chain. The high-grade gold and silver mineralization found in the Tahonitas area presents an exciting opportunity for resource expansion, potentially leading to increased production and revenue.
For a new business, this could mean a variety of things. If you're a supplier or service provider to the mining industry, this could signal increased demand for your products or services as Prime Mining expands its operations. If you're a new mining company, these results could serve as a benchmark for what's possible in terms of resource exploration and extraction.
The Impact of Future Plans and Exploration
Prime Mining's commitment to continue its drilling program and its success-based approach to resource exploration and expansion could set a new standard in the industry. This approach might inspire new businesses to adopt similar strategies, leading to more efficient and effective operations.
In conclusion, Prime Mining's promising drilling results and future plans could have far-reaching implications for new businesses in the mining sector and beyond. The potential for resource expansion and further exploration presents exciting opportunities for growth and innovation.