Business
Prismo Metals Begins Trenching at Los Pavitos; Drilling Preparation Underway
Drilling Preparation Underway Vancouver, British Columbia--(Newsfile Corp. - May 29, 2023) - Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) ("Prismo" or the "Com
About this update from Prismo Metals Inc.
[{"type":"text","content":" Drilling Preparation Underway Vancouver, British Columbia--(Newsfile Corp. - May 29, 2023) - Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) (\"Prismo\" or the \"Company\") is pleased to announce that its trenching program across the three main mineralized trends on its Los Pavitos property has commenced. The main objective of the trenching program is to better define the orientation and full width of the mineralized structures prior to starting the drill campaign. Samples from the current work will be submitted to the lab shortly and should be available by the middle of June. The 5,289 hectare (20 square miles) Los Pavitos project is located in the well mineralized Alamos region of southern Sonora State, Mexico. \"We are excited to be undertaking the trenching program in the main mineralized trends in preparation for an initial drill program at the project of at least 2,500 meters projected to commence in the second half of June,\" said Dr. Craig Gibson, President and CEO of Primo. \"The trenching program will cover three mineralized areas: Las Auras, Santa Cruz and Oromuri.\" The Company also announced assays for 305 samples from the Oromuri structural trend, part of an ongoing property-scale exploration. Four main northeast trending vein systems were sampled along with several smaller veins and the Espanola mine (Fig. 1). The sampling yielded several gold assays above 1 g/t over widths of 0.4 to 3 meters with numerous assays with anomalous gold over 0.1 g/t. Figure 1. Geologic map of the Oromuri and La Espanola area of the Los Pavitos project. Pathfinder elements As and Bi are also generally strongly anomalous. Highlight assays and a general geologic and gold results map are below (Table 1, Figure 2). Full assay results and detailed metals distribution maps are available at www.prismometals.com. Table 1. Highlight assays from the Oromuri area Sample Type Style Width (m) Easting Northing Au_g/t Ag g/t As_ppm Bi_ppm 12408 Chip Vein 0.80 675077 3002962 0.108 1.24 52.8 1.1 12464 Chip Vein 0.40 674729 3002819 0.172 1.59 108.5 1.45 12492 Chip Vein 0.50 674668 3002858 0.356 8.71 2480 5.76 12493 Chip Disseminated 0.70 674667 3002856 0.237 2.77 473 2.93 12496 Chip Vein 0.40 674623 3002770 2.23 5.05 2500 10.6 12497 Chip Vein 3x1x1 674585 3002755 3.49 3.09 1480 15.85 12535 Chip Vein+Oxides 0.6 675469 3002547 1.07 0.14 332 0.41...