'The way is clear: Prismo Metals receives drill permit''The way is clear: Prismo Metals receives drill permit for copper project Hot Breccia!'
"While industry giants such as mining mogul Robert Friedland recently warned of a “copper crisis”, Prismo Metals (PRIZ.c PMOMF) has received approval for an initial drill program at its Hot Breccia copper project in southern Arizona, marking the first drilling activity on the property in 50 years:
https://goldinvest.de/the-way-is-clear-prismo-metals-receives-drill-permit-for-copper-project-hot-breccia/ Having submitted a bond to the Bureau of Land Management (BLM), completing the final requirement before drilling begins, PRIZ plans to drill five holes totaling 5,000 meters to test promising stratigraphy and a large conductive anomaly discovered during a 2023 geophysical survey.
'Picking Up the Pace'
Preparations will be expedited using existing road infrastructure from the 1970s, with the goal of starting drilling in the third quarter of this year.
Historical data from 50 years ago indicated drill intercepts with over 1% copper and elevated zinc values. Since then, the nearby Resolution copper deposit has been discovered, highlighting the potential of the region.
The drilling permit is a significant milestone for Prismo Metals, allowing the company to test an attractive target and potentially uncover a new mineralized system in one of the world's richest copper districts.
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 porphyry 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
Latest 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.