Prime Time for Primero

BARRY ALLAN, Mackie Research Capital Corp. (01/28/2011)
"Primero announced record mineral reserves and resources for 2010, with gold and silver reserves each increasing by 3%, net of production, to 886,000 oz Au and 62.9mm oz Ag. Inferred gold resources increased by 23% to 2mm oz, with inferred silver resources also increasing 16% to 179mm oz. 2010 was a successful exploration year: A total of 50 drill holes totaling 13,900 meters were completed in the Central Block, with a goal of upgrading resources to reserves, as well as to expand the system at depth. Drilling results show that the vertical extension of known mineralization extends at least 150m below the deepest current exploration level."

 PRINT THIS PAGE   EMAIL THIS PAGE

Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.

Related Quotes: