Citi: Copper has started its second bull market According to Citi, copper has marked the start of a second bull market this century with prices climbing to a 2024 high driven by global electrification:
https://www.cnbc.com/2024/04/10/copper-climbs-to-2024-high-as-wall-street-banks-raise-price-forecasts.html Further Wall Street banks are bullsih on the outlook for copper prices right through to the end of the year alongside a number of analysts claiming long-term projections are showing a subtantial increase in demand.
Unearthing Copper in Arizona's Copper Belt
Poised to take advantage of copper's unique opportunity, Prismo Metals (PRIZ.c PMOMF) is focused on its Hot Breccia Project, an Arizona copper project boasting positive historic drilling, exploration activity and the same geology as the historic Christmas Mine.
Located in the world famous Arizona copper belt near the historic Christmas Mine, PRIZ's Hot Breccia Project encompasses 1,420 hectares and is surrounded by significant copper deposits in the region, including the Ray Mine and Hayden Smelter area.
As it boasts the same geology as the Christmas Mine, it will be using it as a model for mineralization.
Notably, the project is associated with intermediate intrusive rocks and favorable sedimentary rocks and past production saw ~25Mt of ore with 363Mlb Cu, 2.1Moz Ag and 55.o26oz Au.
Boasting a tight share structure and significant ownership from both management and strategic partners, including Vizsla Silver (VZLA.v VZLA), PRIZ additionally holds two precious metals projects in Mexico, Palos Verdes and Los Pavitos.
As detailed during the latest interview with Gold Newsletter, PRIZ is aiming to be active on all three of its properties in 2024, with assay results and on-site campaigns expected in the coming months:
https://youtu.be/WbXxz4vT8TA?si=zDtWTlwBluwwKhnm Recent News
Last week, PRIZ strengthened its management team with the appointment of Steve Robertson as President of the company. Robinson boasts over 35 years of mining industry experience, having played key roles in building and advancing projects from exploration through to production.
Ahead of the anticipated increase in activity at PRIZ's projects this year, most notably with an upcoming drilling campaign at Hot Breccia, this is a strong move for the company.
Full News Release:
https://prismometals.com/prismo-metals-strengthens-management-team For more information, refer to PRIZ's Investor Presentation:
https://prismometals.com/wp-content/uploads/2024/03/Prismo-Metals-Presentation-1Q24.pdf Posted on Behalf of Prismo Metals Inc.