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Prime Mining receives funding to expand gold exploration efforts
According to S&P Global Market Intelligence, the recent rally in the gold price will not be enough to prevent 2020 turning into the worst year in 15 for global exploration spending. However, Prime Mining’s (TSX.V:PRYM)(OTCQB: PRMNF) (Frankfurt: A2PRDW) has received an investment of C$10million to expand its exploration efforts at its Los Reyes gold deposit […]
Andrew Bowering – “We’re in a best of both worlds with this asset”
Prime mining is experiencing the best of both worlds with gold prices far in excess of processing costs and potential for substantially larger deposits than previously anticipated in the Los Reyes project in Mexico. All-in sustaining likely to be $900-$1000 per oz, or lower. After the global reset, we may see a greater focus […]