Prime Mining Reports Los Reyes Surface Sample Results of 63.0 Metres at 1.78 gpt Gold and 71.0 gpt Silver - Seite 2

In addition, two historic adits were sampled in the southernmost extension of Tahonitas. In Adit 13, two contiguous 1.5 m channel samples were collected along an underground crosscut that returned 11.5 gpt Au and 66.2 gpt Ag over 3.0 m. In Adit 10, which is located about 50 m further southeast of adit 13, channel samples were collected near the entrance of the adit that returned 4.5 m at 0.42 gpt Au and 66.2 gpt Ag These adit sampling results demonstrate that at Tahonitas significant mineralization is still open along strike and occurs beyond the current limits of the pit constrained resource.

Table 1 – Tahonitas South Channel Sampling Results

Trench #	From (m)	To (m)	Interval (m)	Gold (g/t)	Silver (g/t)
TR-1	12.0	22.5	10.5	3.24	46.0
including	18.0	21.0	3.0	8.37	55.2
TR-2	0.0	30.0	30.0	0.72	18.5
including	0.0	7.5	7.5	1.86	17.7
TR-3b	21.0	84.0	63.0	1.78	71.0
including	30.0	34.5	4.5	11.68	333.9
including	64.5	70.5	6.0	5.70	292.0
TA-Adit 10	0.0	4.5	4.5	0.42	25.3
TA-Adit 13	0.0	3.0	3.0	11.5	66.2

Readers are encouraged to refer to Los Reyes – Surface Sampling Progress Figure 9a for graphic representation at: https://primeminingcorp.ca/maps-technical-data. Figures 1, 2 and 3 include photographs of activities included in the bedrock chip trench sampling program. Photos of the project area and current sampling operations are available at https://primeminingcorp.ca/gallery.