Prime Mining Reports Up To 30 Metres at 3.9 gpt Gold and 40 gpt Silver Between Zapote North and South at Los Reyes

Trench Sampling Suggests Area Between Zapote North and South Can Potentially Merge Two Planned Pits

VANCOUVER, British Columbia, Jan. 21, 2020 (GLOBE NEWSWIRE) -- Andrew Bowering, CEO of Prime Mining Corp. (TSX.V:PRYM) (OTCQB: EPWMF) (Frankfurt:04V3) (“Prime” or the “Company”) announced today that results from new trenches and road cuts in the Company’s ongoing surface exploration program show mineralized areas carrying good grades over significant widths in an area outside the historical resource of Zapote North and South.

These initial results support Prime’s belief that Zapote North and South, the two largest known deposits at Los Reyes, can potentially be joined into one large body, ultimately adding additional tonnes and minable ounces to the resource model. Importantly, the latest discovery occurs at an initial access point to the deposits and, provided mineralization proves consistent at depth, will likely result in this area becoming the starting point for our planned open-pit development.
Table 1 – Road Cut Sampling

Location	Interval (m)	Gold (g/t)	Silver  (g/t)
ZS-RS2	25.5	7.94	58.9
including	13.5	12.17	71
RS-13	27.0	1.53	24.8
including	1.5	10.1	66.3
RS-14	37.5	0.76	18.0

Table 2 – Zapote Central Surface Trenches

Trench #	From (m)	To (m)	Interval (m)	Gold (g/t)	Silver (g/t)
ZA5225 N	16.5	46.5	30.0	3.93	40.1
including	27.0	34.5	7.5	8.71	60.0
ZA5250 N	7.5	18.0	10.5	0.88	61.6
ZA5185 N	18.0	43.5	25.5	0.33	15.2

Readers are encouraged to refer to: Los Reyes – Surface Sampling Progress Figure 4 for graphic representation at: https://primeminingcorp.ca/maps-technical-data.