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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 MarketMakersson Jul 12, 2024 2:45pm
76 Views
Post# 36130623

PRIZ Receives Permit Approval for Hot Breccia

PRIZ Receives Permit Approval for Hot Breccia

Today, Prismo Metals (PRIZ.c PMOMF) announced that it has received permit approval for a deep drilling program at its Hot Breccia Copper Project in Arizona!

 

Targeting 5,000m of drilling in five holes, the program is set to commence in Q3 2024.

 

Secured from the Bureau of Land Management for ten drill pads, this approval enables PRIZ to drill and test the prospective stratigraphy below the volcanic rock, particularly targeting a large conductive anomaly previously identified.

 

Ground mapping, prospecting and sampling conducted earlier this year have additionally supported the targeting process.

 

Steve Robertson, PRIZ's President, commented:

"Getting the permit approval to proceed with this important drill program is a defining event for Prismo Metals as it marks the first time in five decades that exploration on this attractive target can be activated on a property where historical drillings reported several copper intercepts that exceeded 1% copper and elevated zinc .This 5,000-metre program will provide critical information on the vectoring needed to lead us to the heart of the yet another mineralizing system in one of the most prolific copper districts on the planet."

 

The Hot Breccia Project

Spanning 1,420 hectares and 227 contiguous mining claims in Arizona's Copper Belt, an area known for significant mining operations including the Ray Mine and the Christmas Mine, PRIZ' Hot Breccia Project has the potential for substantial copper deposits.

 

Featuring prophyry dikes and breccia pipes containing well copper-mineralized rock fragments, sampling has shown copper mineralization associated with polymictic breccia, with drilling planned for deep holes, possibly including a twin of a historic hole.


Going forward, PRIZ provides a significant opportunity as Hot Breccia has the potential to host a very large copper system, potentially akin even to the nearby, monstrous Resolution deposit, owned by a Rio Tinto/BHP JV

 

Full News Release: https://www.accesswire.com/888131/prismo-metals-secures-permit-approval-for-deep-drilling-program-at-hot-breccia-copper-project-in-arizona

 

Posted on Behalf of Prismo Metals Inc.


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