Prime Meridian Resources Corp. ("PMR" or the "Company") announced that it will commence a helicopter-borne time-domain electromagnetic (HTDEM) and magnetic survey over the Kelly PGM-Cu-Ni Project, which is strategically located 20 kilometres east of the Sudbury basin. The Company has retained Simcoe Geoscience Limited to complete a high-resolution Triaxial Airborne Magnetic and Helicopter Time Domain EM (HTDEM) survey on the Project. The survey is planned to consist of 300 line-kilometres at 100-metre spacing across the entire 2,418-hectare property. Following the completion of the airborne geophysical survey, the Company intends to organize a ground- based geophysical survey over areas of interest, including an induced polarization (IP) survey over the Main Zone, and other priority targets which may be identified by the upcoming airborne survey. The technical contents of this release were approved by Case Lewis, P.Geo., a Qualified Person as defined by National Instrument 43-101.