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Dear Prismo Metals community,
Welcome to our March 2025 newsletter! This edition provides a comprehensive update on our activities, with a primary emphasis on the exciting potential of our Hot Breccia copper project and our strategic approach to advancing it.
Our participation in the PDAC 2025 Convention in Toronto was particularly significant, generating strong interest in Hot Breccia from both potential investors and strategic partners. As Steve Robertson, our President, noted during PDAC, "We're definitely in the place where large deposits are found," referring to the project's location within the Arizona copper belt, one of the most prolific copper belts globally.
The excitement surrounding Hot Breccia is further fueled by the recent refinement of our exploration model (see our February 28, 2025 news release). This updated model, derived from a combination of geophysical data, historical exploration results, and AI studies, reveals compelling evidence supporting the potential for a major porphyry copper deposit at depth. Specifically, our analysis indicates a large conductive body and coincident magnetic low, surrounded by several magnetic highs, all aligned in a geometry typical of porphyry copper deposits in the region. The postulated sulfide mineralization within this system measures 1,100 meters by 1,150 meters. The geological similarities between Hot Breccia and the nearby Resolution deposit, one of the greatest copper discoveries in North American mining history, further solidify Hot Breccia as a high-priority exploration target.
To fully test this exciting potential, we are actively pursuing financing options for a 5,000-meter drilling program. Our strategy involves ongoing discussions with potential investors and strategic partners, including major mining companies.
The bullish outlook for copper, driven by the global transition to green energy and projected supply shortages, adds a driving force to our efforts. Steve Robertson observed that industry experts have long predicted 2025 as a turning point, with a significant supply crunch leading to increased demand for copper exploration and production. We believe Prismo Metals is well-positioned to capitalize on these favorable market conditions and deliver substantial value to our shareholders.
We appreciate the continued support of our shareholders and the growing interest in Prismo Metals. We are committed to discovery and creating significant value for all stakeholders. To stay informed about our projects and progress, please visit our website: www.prismometals.com and subscribe to our newsletter.
Warm regards,
Alain Lambert
CEO of Prismo Metals
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