VIDEO SUMMARY: Prismo Metals Drilling Permit Approved Prismo Metals Inc. (Ticker: PRIZ.c or PMOMF for US investors) has reached a significant milestone with the recent approval of a permit from the Bureau of Land Management, allowing for the first exploration drilling at Southern Arizona's Hot Breccia Copper project in 50 years. In a breaking news segment with Gold Newsletter, Kai Hoffmann interviewed Steve Robertson, President of Prismo Metals, to discuss this exciting development.
Prismo Metals, a junior mining company with three major projects—two in Mexico focused on silver and gold, and one in Arizona's copper belt targeting copper—has received approval to set up ten drill pads at its Hot Breccia Copper project. Robertson expressed his enthusiasm about the relatively painless permitting process and the immense potential of the site, which has been untapped for half a century.
The Hot Breccia project is named for its breccia pipes, which have brought mineralized rocks to the surface, indicating a robust mineralizing system at depth. Previous samples from these breccia fragments have shown copper grades as high as 5.7%, underscoring the project’s potential.
The permit will enable Prismo Metals to drill five holes, each approximately 1,000 meters deep, with the flexibility to use additional drill pads as needed. This drilling is aimed at testing the prospective stratigraphy beneath the volcanic rock cover, with the hope of uncovering substantial mineral deposits.
Robertson elaborated on the process leading up to this point, including reprocessing geophysical data using advanced AI technology. This data, collected during a ZTEM survey in 2023, is being analyzed by a California-based AI company to optimize drilling targets and maximize the potential for successful exploration.
The historical context of the Hot Breccia project includes drilling activities from the 1970s and early 1980s by Kennecott and Phelps Dodge, which identified promising mineralization before the projects were abandoned due to market conditions. Prismo Metals now has the opportunity to build on this early work with modern technology and renewed investment interest.
In addition to the Hot Breccia project, Prismo Metals plans to advance its other projects in Mexico promising a continuous flow of news and developments throughout the year.
The approval of this permit marks a pivotal moment for Prismo Metals, setting the stage for a new era of exploration and potential discovery in one of the most mineral-rich regions in the United States.
Full press release: https://prismometals.com/prismo-metals-secures-permit-approval-for-deep-drilling-program-at-hot-breccia-copper-project-in-arizona
Posted on behalf of Prismo Metals Inc.