Insightful new interview with Prismo Metals (PRIZ.c PMOMF) co-founder and CEO Allan Lamb from Goldfinger Capital, regarding the company's background and focus on creating shareholder value by acquiring, exploring and developing precious and base metal projects in Mexico and the USA: https://www.youtube.com/watch?v=oSzmOBMsbVQ
PRIZ boasts a tight share structure with the founders and management owning 27.5% of the stock, and Vizsla Silver owning nearly 10%, allowing more exploration budget to go towards projects as the team's compensation is tied to the success of the company.
The Hot Breccia Project
Located in the world famous Arizona copper belt, in close proximity to and with the same geology as, the historic Christmas Mine, PRIZ's flagship project is the Hot Breccia Project, an underexplored 1,420ha greenfield project.
Known historic intercepts include 26m @ 0.54%Cu, 20m @ 1.4%Cu, 8m @ 1.73% Cu plus 5m @ 1.4% Cu, plus, recent fragments have contained 5.7% copper and high-grade gold up to 28 grams.
With the potential to host a "very large copper system, potentially akin even to the nearby, monstrous Resolution deposit, which is owned by a Rio Tinto/BHP JV", Hot Breccia could represent the same geological concept as the nearby colossal Resolution deposit, at depth.
As Hot Breccia was last explored over 50 years ago, PRIZ is using modern exploration methods to identify a large, economically viable target and is likely on the precipice of a substantial discovery given drill permits are about to be issued.
For more information on Hot Breccia, refer to Critical Investor's latest article: https://criticalinvestor.eu/prismo-metals-looking-for-copper-elephants-in-arizona/
Posted on Behalf of Prismo Metals Inc.