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Prismo Metals Inc C.PRIZ

Alternate Symbol(s):  PMOMF

Prismo Metals Inc. is a Canada-based mining exploration company. It is focused on two precious metal projects in Mexico (Palos Verdes and Los Pavitos) and a copper project in Arizona (Hot Breccia). The Palos Verdes is an intermediate stage exploration project located about 65 kilometers (km) northeast of Mazatlan in Sinaloa State, Mexico and is accessed via the interstate highway from Mazatlan to Durango near the village of Santa Lucia. The property includes one concession, Palos Verdes, comprising 22.7707 hectares. The Los Pavitos is an early-stage exploration project located in the Alamos area of Sonora State, Mexico. The project consists of one concession, Los Pavitos Reduccion, that covers 5,289 hectares. The concession is located on the paved highway between Navajoa and Alamos at about the 17 km marker. The Hot Breccia project is located in the Arizona Copper Belt. Hot Breccia project includes 227 mining concessions that lie about four kilometers from the historic Christmas mine.


CSE:PRIZ - Post by User

Post by 1StockInformeron Apr 10, 2024 7:43pm
72 Views
Post# 35982385

US Copper and Mexican Silver/Gold: PRIZ.c Interview Analysis

US Copper and Mexican Silver/Gold: PRIZ.c Interview Analysis

In a recent video on Gold Newsletter's channel, Prismo Metals Inc. (Ticker: PRIZ.c or PMOMF for US investors) took the spotlight, featuring Alain Lambert, Executive Chairman, and Peter Megaw, Technical Advisor. Their discussion shed light on the company's ventures in exploring precious metals in Mexico and Arizona.


Prismo Metals Inc. distinguishes itself as a growth-stage exploration company with a robust portfolio comprising three key projects. Two projects are situated in Mexico, boasting potential in gold and silver exploration, while the third, a copper project named Hot Breccia, is nestled in Arizona's copper belt.


Recent exploration endeavors at Hot Breccia yielded promising results, with samples showcasing up to 5.69% copper, 0.24 g/t gold, and 32.8 g/t silver. These findings hint at extensive porphyry-related copper mineralization at depth. Moreover, the breccia pipes at the site exhibit a variety of lithologies, indicating a complex geological environment ripe for exploration.


The strategic positioning of their Palos Verdes project in Mexico's Panuco District has alowed PRIZ to partner with key stakeholders like Vizsla Silver (VZLA.v). These alliances not only provide financial support but also foster technical collaboration, enhancing exploration efforts.


Recent findings from Palos Verdes include 102 g/t gold and 3,100 g/t silver over 0.5 meters, translating to an impressive 11,520 g/t silver equivalent. 


A significant highlight was the discussion on PRIZ's capital structure, emphasizing the tight share structure and substantial insider ownership, reflecting management's confidence in the company's prospects.


Looking ahead, Prismo Metals Inc. is gearing up for a dynamic year of exploration activities across its portfolio. From conducting geophysical surveys to launching drilling campaigns, the company remains steadfast in unlocking the mineral potential of its projects. 


Full interview:


Posted on behalf of Prismo Metals Inc.

 
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