Prime Mining Corp. (PRMNF, Financial) has appointed Ausenco Engineering Canada ULC to spearhead a Preliminary Economic Assessment (PEA) for its Los Reyes gold-silver project, situated in Sinaloa State, Mexico. The assessment intends to deliver a projection of a highly profitable, long-lasting operation with low initial costs. This PEA will incorporate drilling data up to the end of 2024 alongside previously gathered technical information.
Since its acquisition of Los Reyes in 2019, Prime Mining has invested over $64 million in exploration and performed more than 221,000 meters of drilling. The completion of this assessment is anticipated by the third quarter of 2025, setting the stage for the project's future economic viability.
