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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 30, 2024 8:27pm
71 Views
Post# 36016257

A Breakdown of PRIZ's Copper & Precious Metal Projects

A Breakdown of PRIZ's Copper & Precious Metal Projects

Prismo Metals Corporation (Ticker: PRIZ.c or PMOMF for US traders) boasts a varied collection of assets which include copper and precious metal projects. In Mexico, PRIZ's Palos Verdes and Los Pavitos initiatives shine, presenting promising prospects for gold and silver exploration. Meanwhile, nestled in Arizona's copper-rich region, PRIZ's Hot Breccia project holds considerable promise for copper mineralization.


Recent exploration endeavors at Hot Breccia have yielded promising outcomes, with samples disclosing copper concentrations reaching up to 5.69%, coupled with 0.24 g/t gold and 32.8 g/t silver.


These revelations hint at the existence of substantial copper mineralization associated with porphyry at depth. Moreover, the diverse lithologies evident in the breccia pipes indicate a multifaceted geological setting conducive to further exploration.


Hot Breccia drone footage here:


Located within Mexico's Panuco District, PRIZ's Palos Verdes Precious Metals Project has strategically positioned the company to forge crucial alliances with key stakeholders such as Vizsla Silver (VZLA.v). These partnerships not only provide substantial financial support to PRIZ but also bolster technical expertise, fortifying exploration efforts.


Recent discoveries from Palos Verdes in 2023 include intercepts like 102 g/t gold and 3,100 g/t silver over a span of 0.5 meters, equating to 11,520 g/t silver equivalent.


Another significant precious metals endeavor for PRIZ is its Los Pavitos Project, located in the mineral-rich Alamos region of Sonora State, Mexico. Key structural trends have been discovered at Los Pavitos, including the Las Auras, Santa Cruz, and Oromuri trends, in addition to recently uncovered parallel structures such as La Espaola and San Jorge faults.


Assay results from 169 samples unveil noteworthy gold concentrations, particularly within the Santa Cruz and Las Auras trends. Samples extracted from Santa Cruz exhibit gold values reaching up to 28 g/t, alongside notable silver content. Similarly, the Las Auras area showcases samples yielding up to 10.15 g/t Au.


Overall, PRIZ anticipates an active year ahead, marked by dynamic exploration activities across its portfolio. From conducting geophysical surveys to initiating drilling campaigns, the company remains committed to unlocking the mineral potential of its projects.


Company Deck: https://prismometals.com/wp-content/uploads/2024/03/Prismo-Metals-Presentation-March-_april-2024-website.pdf
 

Posted on behalf of Prismo Metals Inc.

 
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