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Prime Mining Corp.
Summary
| Project: | Los Reyes | |
|---|---|---|
| Deposit: | Los Reyes | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 4/3/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-4-2020: Prime Mining Corp. announces a Resource Estimation report for its Los Reyes deposit at the Los Reyes project. Updated Mineral Resource Estimate for Project. On October 24, 2019, Prime Mining Corp. (Prime Mining) contracted Stantec Consulting Ltd | |
| Resources: | (Resources, M+I): 19.7Mt @ 1.0g/t Au, 26.15g/t Ag | |
| CP/QP: | [Resources]: Andrew Christopher Hunter (Stantec Consulting Ltd.) | |
| ABSTRACT: | On October 24, 2019, Prime Mining Corp. (Prime Mining) contracted Stantec Consulting Ltd. (Stantec) to prepare a Technical Report in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101). The purpose of this Technical Report is to complete resource estimates for deposits that are included in the Los Reyes Property (Property), which are El Zapote (North and South), San Miguel (East and West), Guadalupe (East and West), Noche Buena, and Tahonitas. An independent Stantec Qualified Person inspected the Property between January 8, 2020 and January 11, 2020. During this property inspection, the Qualified Person collected 15 outcrop samples from El Zapote (North and South), Guadalupe West, San Miguel (East and West). The samples were transported by the Qualified Person to Calgary, Alberta. The samples were analysed by AGAT Laboratory (AGAT). The Effective Date of this Technical Report in March 24, 2020. The Author(s) were provided with an opinion document, which is dated May 14, 2019, by the law firm DBR Abogados, S.C., Per: Patricia Vivar, that related to the standing of the Los Reyes Property title documentation, royalties, tax payments, and assessment works. This document was provided by Prime Mining to Stantec on March 29, 2020. | |
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