CNBC on Why Copper Demand is Skyrocketing
Quick video on 'Why Copper Demand is Skyrocketing' highlighting the metals vital component for the construction of green energy technologies which require multiple times as much copper as coal-fired power generation:
https://www.youtube.com/watch?v=g8Nar1s5UgM However, mining companies are having a hard time keeping up as existing mines and projects under construction only meeting about 80% of copper needs by 2030.
Arizona's Copper Belt
Located amid this dynamic market, Prismo Metals (PRIZ.c PMOMF) has emerged as an up and coming copper producer "looking for copper elephants in Arizona" at its Hot Breccia Project, as highlighted by Critical Investor:
https://criticalinvestor.eu/prismo-metals-looking-for-copper-elephants-in-arizona/ PRIZ is "Guided by geological experts like the famous Peter Megaw PhD as Technical Advisor", who "believes Hot Breccia could host a very large copper system, potentially akin even to the nearby, monstrous Resolution deposit, which is owned by a Rio Tinto/BHP JV":
Given "management has obtained enough data and information to support a geological concept that could lead to such a discovery", the company believes Hot Breccia could represent the same geological concept as the nearby colossal Resolution deposit, at depth. Combined with evidence pointing towards mineralization directly on the other side of an intrusion, PRIZ is likely on the precipice of a substantial discovery.
Located in the world famous Arizona copper belt, near the historic Christmas Mine, Hot Breccia is an underexplored 1,420ha greenfield project with known historic intercepts including 26m @ 0.54%Cu, 20m @ 1.4%Cu, 8m @ 1.73% Cu plus 5m @ 1.4% Cu.
Boasts the same geology as the Christmas Mine, PRIZ will be using Christmas as a model for mineralization as geological data implies copper mineralization underneath a 400m thick volcanic layer.
As drill permits for Hot Breccia are about to be issued, PRIZ is preparing for a busy summer with a range of catalysts expected including the closing of the first C$1.1M private placement, the raising of $3M and the start of 5 months and 5,000m of drilling at Hot Breccia.
Posted on Behalf of Prismo Metals Inc.