The 5D Bull Market As the 5D (divestment, decarbonization, de-risking, datacenters & AI, and defense spending) bull market trends create structural opportunities in the commodities market, Goldman predicts copper may see an additional 15% upside to $12,000/t by year end, expecting its sharp rally to resume once finite stocks of cheaper substitutes deplete. (Source: https://x.com/robert_ivanhoe/status/1796595974564966828)
Unearthing Copper in Arizona's Copper Belt
Positioned 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
Posted on Behalf of Prismo Metals Inc.