Business
Prismo Metals' Los Pavitos Gold Footprint Grows 2.5 km to the Northeast and Silver Footprint Also Grows 1 km
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2024) - Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) ("Prismo" or the "Company") is pleased to anno
About this update from Prismo Metals Inc.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - February 20, 2024) - Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) (\"Prismo\" or the \"Company\") is pleased to announce results from its ongoing exploration program at Los Pavitos, a 100% owned 5,300 ha Project in the well-mineralized Alamos region of southern Sonora State, Mexico. Exploration work reported here includes drilling of 4 new zones in an area of 1.5 by 3 km. Combined with earlier reported work (See Press Releases of October 17th aPublishingnd December 5th, 2023), positive results have been obtained from Las Auras, Santa Cruz, Santa Cruz Southeast, La Espanola and Oromuri structures in the northern half of the property (Fig. 1). The southern half of the property will be explored in 2024 with pioneering drilling throughout the property. The 2023 exploration program included geologic mapping, sampling and drilling designed to determine the overall mineralization style(s) and geometry of structures in the northern half of the project. This included the first ever drilling at Pavitos. Prismo drilled 2,370 meters of HQ core in 25 relatively shallow (max 171 m) holes into 7 mineralized structures up to 1.5 km long. The final eight holes of the 2023 program are reported here. These tested four widely-spaced structures distant from areas of previously reported strong gold drill results and areas of historical artisanal mining (See Press Releases of October 17th and December 5th, 2023). The best results (2.6 g/t Gold over 0.5m and 1.18 g/t Gold over 0.5m ) come from shallow (<120m) holes in the Las Auras and Oromuri structures and clearly indicate that the northwest corner of the claim has significant potential for more widespread mineralization and warrants further drilling (See Figures 1 & 2 and Table 1). Additionally, a new zone with several structures was identified and sampled in the previously unexplored northeastern portion of the project area (See Table 2). Surface sampling along the northeastern projection of the gold and silver-rich Santa Cruz structure (See Press Releases of October 17th and December 5th, 2023) yielded the highest silver assay from the project to date: 1,130 g/t Ag, with 1.33 g/t Au over 0.15 meter. Other results from this new work area include numerous samples reporting anomalous gold and the pathfinder elements arsenic and bismuth (As and B...