Leaders from PRIZ.c Highlight Recent Exploration Successes for US investors) stepped into the spotlight with Alain Lambert, Executive Chairman, and Peter Megaw, Technical Advisor, representing the copper and precious metals exploration company.
Portfolio Overview
Prismo Metals Inc. stands out as a burgeoning exploration company with a diverse portfolio comprising three pivotal projects. Two projects are nestled in Mexico, the Palos Verdes and Los Pavitos projects and showcasing potential in gold and silver exploration. The third, known as Hot Breccia, is strategically located in Arizona's copper belt.
Copper Exploration Highlights at Hot Breccia
Recent exploration undertakings at Hot Breccia have yielded promising outcomes, with samples revealing copper concentrations of up to 5.69%, accompanied by 0.24 g/t gold and 32.8 g/t silver. These results hint at extensive porphyry-related copper mineralization at depth. Furthermore, the breccia pipes at the site exhibit a diverse range of lithologies, indicating a complex geological milieu ripe for further exploration.
Strategic Collaborations at Palos Verdes
The strategic positioning of their Palos Verdes project within Mexico's Panuco District has enabled PRIZ to forge partnerships with key stakeholders such as Vizsla Silver (VZLA.v). These alliances not only offer financial backing but also facilitate technical synergies, thereby enhancing exploration endeavors.
Recent findings from Palos Verdes include discoveries such as 102 g/t gold and 3,100 g/t silver over 0.5 meters, translating to an impressive 11,520 g/t silver equivalent.
Key Structural Trends, at Los Pavitos
The Los Pavitos Project is situated in the Alamos region of southern Sonora State, Mexico, an area known for its rich mineralization. Exploration efforts at the project have identified key structural trends, including Las Auras, Santa Cruz, and Oromuri, along with new parallel structures such as La Espaola and San Jorge faults.
Assay results from 169 samples reveal significant gold concentrations, particularly in the Santa Cruz and Las Auras areas. Samples from Santa Cruz indicate gold values ranging up to 28 g/t, with notable silver content. The Las Auras area also exhibits high gold values, with samples yielding up to 10.15 g/t.
Capital Structure and Ownership
A significant point of discussion centered around PRIZ's capital structure, underscoring the tightly-knit share configuration and substantial insider ownership, which reflect management's unwavering confidence in the company's future prospects.
Looking ahead, Prismo Metals Inc. is poised for a dynamic year of exploration activities across its portfolio. From conducting geophysical surveys to initiating drilling campaigns, the company remains resolute in unlocking the mineral potential of its projects.
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Posted on behalf of Prismo Metals Inc.