Intersection Of New Continuous High-Grade Veins At Tahonitas

VANCOUVER - Prime Mining Corp. reported on expansion drilling and new Tahonitas Footwall discovery from the Los Reyes Project, located in Sinaloa State, Mexico. These results are from 2024 drilling at the Z-T Trend

The Company is reporting 25 core holes at the Z-T Trend, 14 of which are from Tahonitas, located in the south-east end of the Z-T Trend, with the following highlights: 1) 5.67 grams per tonne (“g/t”) gold-equivalent (“AuEq”) (2.23 g/t Au and 266.1 g/t Ag) over 4.2 metres (“m”) estimated true wide (“etw”) in hole 24TA-149, including: 9.49 g/t AuEq (3.94 g/t Au and 428.7 g/t Ag) over 2.1 m etw. 2) 1.62 g/t AuEq (1.36 g/t Au and 19.9 g/t Ag) over 15.2 m etw in hole 24TA-144, including: 4.94 g/t AuEq (4.22 g/t Au and 55.3 g/t Ag) over 3.7 m etw. 3) 4.93 g/t AuEq (2.55 g/t Au and 184.0 g/t Ag) over 3.3 m etw in hole 24TA-153, including: 14.09 g/t AuEq (7.09 g/t Au and 541.0 g/t Ag) over 1.1 m etw 4) 0.92 g/t AuEq (0.72 g/t Au and 15.2 g/t Ag) over 19.2 m etw in hole 24TA-153.

Chief Executive Officer, Scott Hicks, said, “The quality of the high-grade results from the new Tahonitas Footwall Zone in Z-T demonstrates the continued resource expansion potential beyond what has been included in the updated underground and open pit Mineral Resource Estimate. The southern-most holes are over 650 metres south of the MRE pit crest and approximately 250 metres along strike from the southern-most stope. All intercepts in these highlight drill holes are less than 200 metres from surface and located south along strike and outside the resource pit crest, with potential for either open pit or underground extraction.”