|
Dear Jason,
Welcome to our October 2024 newsletter! October has been a month of continued progress at Prismo Metals as we advance our exploration projects and drive value creation for our shareholders.
At our Palos Verdes project, drilling is progressing steadily. We are pleased to report the completion of the first drill hole (PV-24-34) of our ongoing program. We are now readying the drill rig to commence the second hole, which will further test the Palos Verdes vein system. We are excited about the potential of this drilling program to expand our understanding of the Palos Verdes vein system. This vein system is located in the Panuco District, where our strategic partner, Vizsla Silver (TSXV: VZLA), is also operating.
At our Hot Breccia project in Arizona, we're thrilled to report the results of an artificial intelligence study conducted by Exploration Technologies Inc. This study, which utilized ExploreTech's xFlare technology, combined our geological and geophysical data with cloud computing to simulate thousands of geological models. The results have identified a high-priority target measuring 1,100 meters by 1,150 meters, representing the most likely location for a large body of sulfide mineralization. This target coincides with historical drilling that intersected high-grade copper mineralization, including intercepts of 1.4% copper over 18 meters and 1.73% copper over 7.6 meters. We are currently finalizing drill hole selection based on these encouraging results and anticipate to commence a productive 5,000-meter drilling program very soon.
We remain committed to transparent communication and active engagement with our stakeholders. In November, we look forward to sharing our latest exploration insights and project updates at the following conferences — Swiss Mining Institute, and New Orleans Investment Conference.
As always, we appreciate your continued support and interest in Prismo Metals. We're excited about the potential of our projects and look forward to sharing news of our advancements in the coming months. Stay informed about our progress – follow us on social media and subscribe to our newsletter for the latest updates!
Warm regards,
Alain Lambert
CEO of Prismo Metals
|
|
|
✅ Mobilize drilling equipment and begin drilling at Palos Verdes, providing regular updates on progress and assay results. (See our July 31, 2024 & September 24, 2024 news releases)
✅ Secure drilling permit for Hot Breccia. (See our July 12, 2024 news release)
◼️ Mobilize drilling equipment and begin drilling at Hot Breccia, providing regular updates on progress and assay results.
| |
|
Join Prismo Metals at our next events! Stay informed about upcoming opportunities to connect with us and discover the latest progress on our projects. We extend a warm invitation to join us and be part of our exploration journey!
🟢 Swiss Mining Institute (Zurich, Switzerland)
Date: November 20-21, 2024
Venue: The Dolder Grand
🔗 https://swissmininginstitute.ch/
🟢 2024 New Orleans Investment Conference (New Orleans, Louisiana, USA)
Date: November 20-23, 2024
Venue: Hilton New Orleans Riverside
🔗 https://neworleansconference.com/schedule-2024/
| |
📸 Drill rig setup for the first hole of the drilling program. | |
📽️ Drilling the first hole to reach the Palos Verdes vein at depth. | |
📸 Dr. Craig Gibson carrying a box of fresh drill cores from the drill site to the logging facility. | |
📸 Our team of geologists carefully logging and analyzing the drill cores fresh from the drilling program. | |
|
🌵 "We've got the possibility of finding something that is much bigger and much richer than the prior generation of explorationists have considered." Our Hot Breccia copper project, located within the prolific Arizona copper belt, could be a game-changer.
Join President Steve Robertson for a virtual tour of the project and see why we're so excited about its potential!
| |
📺 Prismo Metals Prepares To Drill Large Arizona Copper Target, AI Analysis Expands Target Area. Our CEO Alain Lambert, President Steve Robertson, and Chief Exploration Officer Craig Gibson sat down with Robert Sinn of Goldfinger Capital to break it all down. They discuss the AI study, our exploration plan, and the upcoming 5,000-meter drill program. | |
|
Palos Verdes (silver, Sinaloa, Mexico)
-
Drilling Update: The first hole (PV-24-34) of our drilling program at Palos Verdes is complete, and we are now readying the drill rig to commence the second hole This hole will further test the Palos Verdes vein system, targeting the down-dip extension of high-grade mineralization encountered in previous drilling. See our September 24, 2024 & July 31, 2024 news releases for more details.
-
Collaboration with Vizsla Silver: We continue to benefit from our strong partnership with Vizsla Silver, whose collaboration has been instrumental in enabling us to drill from their property and access deeper parts of the Palos Verdes vein system. The preparation for drilling involved extensive coordination between our teams, including aligning on safety protocols, work procedures, and environmental considerations. It took careful planning and a lot of hard work to get the drill sites ready, given the unique terrain and specific permit conditions. We are now thrilled to be in the active drilling phase!
-
Goal of the Drilling Program: The 3,000-meter drilling program at Palos Verdes aims to (1) further explore the high-grade mineralized zone in the southwestern portion of the Palos Verdes vein, (2) explore for the continuation of the vein on its northeastern extension across a cross-fault, and (3) test the northeasterly extension of the Palos Verdes vein system near the concession limit adjacent to the historical Jesusita mine. See our September 24, 2024 news release for more details.
Hot Breccia (Copper Project, Arizona, USA)
-
AI Study Confirms Exploration Model: Results from a recent artificial intelligence study by Exploration Technologies Inc. have confirmed our exploration model at Hot Breccia, identifying a high-priority target for a large body of sulfide mineralization. This target coincides with historical drilling and a conductive anomaly identified in our 2023 ZTEM survey. See our October 15, 2024, September 3, 2024 and March 26, 2024 news releases for more details.
-
AI-Guided Drill Hole Selection: Based on the exciting results of the AI study, we are currently finalizing the selection of drill hole locations for our upcoming 5,000-meter drilling program at Hot Breccia. This careful selection process integrates the AI study with our existing geological models and the historical data we recently acquired to maximize the program's potential for discovery. See our October 15, 2024 for more details.
-
Drilling Permit in Place: With the necessary drilling permit already secured, we are actively advancing preparations for drilling. We're excited to put our enhanced exploration model and AI-powered targeting to the test as we move closer to commencing this significant drilling campaign. See our July 12, 2024 news releases for more details.
| |
For all the latest from Prismo Metals, make sure you're following us on social media! | |
🔍 ExploreTech's AI Study Confirms Our Exploration Plan at Hot Breccia. We just got the results of the AI study at Hot Breccia! It has identified a high-priority exploration target measuring 1,100 meters by 1,150 meters. This confirms our geological model and historical data, including historical high-grade copper intercepts. This gives us increased confidence in the potential of this copper project in Arizona! | |
We regularly post updates, videos, and photos on our social channels. Follow us and stay updated on the latest on all of our three projects! | | | | |
