Vista Gold Corp. today announced receipt of the third $1.5 million option payment from Prime Mining Corp. for the Guadalupe de los Reyes gold / silver project in Sinaloa, Mexico . Prime Mining assumed the Los Reyes option agreement from Minera Alamos Inc. in June 2019, giving Prime Mining an exclusive option to earn a 100% interest in Los Reyes. Completing the earn-in under the option agreement requires, among other [...]
Andrew Bowering, President of Prime Mining Corp. announced today that excellent progress is being made in the exploration and development program underway at the Los Reyes gold-silver project in Mexico for a planned forty-five-hundred-tonne-per-day heap leach operation. Prime also announces that it has made the 3rd US$1.5 million payment to Vista Gold Corp. to acquire 100% interest in the Los Reyes Gold Project. Pursuant [...]
Prime Mining Corp. is pleased to report significant progress at its Los Reyes Gold-Silver Project in Sinaloa, Mexico. Following the closing of its $8.7 million financing and subsequent call to trading, the Company has recently completed a very successful round of site visits to Los Reyes which included attending formal meetings with local stakeholders, securing surface access and beginning site preparation and initial [...]
Prime Mining Corp., formerly EPower Metals Corp. announces that effective at the opening of markets on Wednesday, September 4th, its common shares will resume trading on the TSX Venture Exchange under the ticker symbol “PRYM”. Trading in the common shares of the Company was previously halted, pending acquisition of the rights to earn a 100% interest in the Los Reyes project in Sinaloa State. The Company will continue to [...]
Prime Mining Corp. has acquired the rights to earn a 100% interest in the Los Reyes Gold Project in Sinaloa State, Mexico. The rights were acquired pursuant to a definitive assignment and assumption agreement, dated June 25, 2019, with Minera Alamos Inc., Vista Gold Corp., the underlying owner of Los Reyes, and the Mexican subsidiaries of each of MAI and the Company. In connection with completion of the Transaction, the [...]
ePower Metals Inc. has entered into a definitive assignment and assumption agreement, dated June 25, 2019, with Minera Alamos Inc., Vista Gold Corp., and the Mexican subsidiaries of each of MAI and the Company, pursuant to which MAI will assign the rights to an option to earn a 100% interest in the Los Reyes Gold Project in Sinaloa State, Mexico. MAI currently has the right to acquire a 100% interest in Los Reyes [...]
Vancouver, British Columbia-- - ePower Metals Inc. has entered into a binding letter of intent, dated April 22, 2019, with Minera Alamos Inc. for the assignment of the option to earn a 100% interest in the Los Reyes Gold Project in Sinaloa State, Mexico . The LOI provides for a 30 day period to complete due diligence and enter into a definitive agreement which will formalize the Transaction. MAI currently has the right to [...]
ePower Metals Inc. stakes three new gold-silver-cobalt claims in Sinaloa, Mexico. Through an intensive data review by the Company's Mexican exploration team, ePower Metals has identified a number of gold-silver-cobalt targets in Sinaloa Mexico. The Company has staked three individual claims "The Cosalá Group" with a total area of approximately 4400 hectares. The claims are located south of the Company's high grade [...]
ePower Metals Inc. is pleased to announce the results of the 2018 summer-fall exploration program at Panther Creek Cobalt Project located in the Idaho Cobalt Belt in Lemhi County, Idaho. Exploration mapping has defined three new cobalt targets which are supported by the soil and grab sample program. Assays from 43 rock and 746 soil samples from across the property have been received with rock values that range from trace [...]
ePower Metals Inc. reports that the National Forest Service recently disclosed that it was reviewing the Salmon-Challis National Forest for consideration of conversion to Wilderness Area status. In this update the US National Forest Service has concluded that the Blackbird Mountain and Leecock Point areas, , should be excluded from consideration for potential wilderness recommendation for the Salmon-Challis National [...]
ePower Metals Inc. appoints Tyler Ross VP Investor Relations and announces the grant of incentive stock options under the Company's stock option plan, officers of the Company. Mr. Ross has 18 years of capital market work experience. He has been involved in every stage of business development from inception through to exit. Mr. Ross has worked with many successful public companies, including Fronteer Gold, which went on to [...]
ePower Metals Inc. has entered into a definitive agreement to purchase Exploracion Auramex S.A. de C.V. and its Magenta Cobalt Project in Sinaloa, Mexico, from Bowering Projects Ltd. for US$150,000 and 2,500,000 common shares. The claims are not subject to any royalties. The transaction is subject to TSX-Venture Exchange approval. The Magenta Project consists of five claims totalling 2,274 ha. Four claims are in good [...]