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Prize also announced that its shares were back up and trading on the TSXV following the removal of a cease trading order by the British Columbia Securities Commission. 

Prize Mining (TSXV:PRZ,OTCQB:PRZFF) has released an update on the results and success of the company’s Phase 1 diamond drilling program at the Manto Negro copper project in Coahuila state, Mexico.

It also announced that its shares were back up and trading on the TSXV following the removal of a cease trading order by the British Columbia Securities Commission.

President and CEO of Prize, Michael McPhie said:

“We are very pleased to announce the completion of and results from our Phase 1 exploration drilling program at the Manto Negro Copper Project. We have tested just a small part of our 18,000 hectare property that contains some 35 surface copper showings over a 40 kilometre trend. These results provide us with confidence in the scale, grade and potential of this district size property and will guide our focus in the Phase 2 program that will begin in the weeks ahead.

We are also very pleased to have now fully addressed the matters brought forward by the BCSC and the ASC with respect to Prize. The last few months have been a challenging time for the company and its shareholders and with these regulatory matters now behind us we look forward to a renewed and complete focus on advancing our highly prospective assets in Mexico and British Columbia and creating shareholder value.”

Click here to read the full Prize Mining (TSXV:PRZ,ITCQB:PRFFF) press release.

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