Prime Mining Corp. has made payment of $1.1 million to Vista Gold Corp. as per the terms of the acquisition of the Los Reyes Gold-Silver Project, located in the State of Sinaloa, Mexico. As disclosed on June 15, 2020, Prime agreed to pay Vista $2.1 million in lieu of being granted certain royalties and back-in rights relating to the project. The remaining $1.0 million payment is due during July 2021. If Prime fails to make the remaining payment, Vista will have the right to reinstate its royalties and back-in rights.