Prime Mining stock surges on upsized financing for Los Reyes project in Mexico

There are 35 geologists and 10 drill rigs onsite at the silver-gold project in Sinaloa state.

To access the gold-silver-copper-zinc deposit, Falco needs to rehabilitate an existing shaft, owned by Glencore.

The drilling will follow up on two silver discoveries made in the Bathurst mining district of New Brunswick last year.

Crescat Capital said it intends to make a strategic investment in the company.

Other veins at Columba are being drilled as part of a 5,000-metre program.

The accident took place at the Membrillo mine area as a result of a rock fall.

While the gold, silver and mining stocks remain ripe for a short-term rally, their medium-term outlook remains extremely treacherous.

Vizsla says the results allow it to trace the Napoleon vein to over 950 metres of continuous mineralization.

Moss is currently the largest pure gold and silver mine in Arizona.