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Prismo Metals Mobilizes for Palos Verdes Drilling
VANCOUVER, BC / ACCESSWIRE / July 31, 2024 / Prismo Metals Inc. (CSE:PRIZ) (OTCQB:PMOMF) (FSE:7KU) ("Prismo" or the "Company") is pleased to announce that a man
About this update from Prismo Metals Inc.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / July 31, 2024 / Prismo Metals Inc. (CSE:PRIZ) (OTCQB:PMOMF) (FSE:7KU) (\"Prismo\" or the \"Company\") is pleased to announce that a man-portable drill is mobilizing for the Company's upcoming drill program at the Palos Verdes property located in the Panuco district in Sinaloa, Mexico. Drilling is planned to begin the week of August 5th. The drilling program is a collaborative effort between Prismo and Vizsla Silver Corp. (TSXV: VZLA \"Vizsla\") and will test targets on the Palos Verdes concession utilizing drill pads located on Vizsla's concessions adjacent to Palos Verdes for greater drilling efficiency. The drill program follows three main target recommendations made by Panuco Joint Technical Committee comprised of Prismo's Chief Exploration Officer Dr. Craig Gibson, Vizsla Silver's VP Exploration Dr. Jesus Velador and Advisor Dr. Peter Megaw. The program has three main goals (See Figs.1 & 2 below): Trace the down dip extension of the mineralized shoot defined by previous drilling on the southwest portion of the vein. Seek continuation of the vein on the northeast extension of the vein across a cross-fault believed to have offset the vein downward. Test the extreme northeasterly extension of the Palos Verdes vein system near the concession limit adjacent to the historical Jesusita mine. \"We are eager to resume tracing the high-grade mineralization we've cut previously in the Palos Verdes vein by taking advantage of better hole geometry created by drilling from our Strategic Partner Vizsla Silver's ground,\" said Dr. Craig Gibson, Chief Exploration Officer of the Company. \"Drilling farther from the vein outcrops will let us drill Palos Verdes well below the limited depths we could reach from our claims. We deeply appreciate Vizsla's willingness to allow the drilling from their ground.\" This is the Company's fourth drill campaign on Palos Verdes and is designed to test the vein up to one hundred meters below the high-grade mineralization cut by several previous holes. Assays reported from last year's drilling include hole PV-23-25 with 102 g/t gold, 3,100 g/t silver and 0.26% zinc over 0.5 meters, or 11,520 g/t silver equivalent - the highest-grade intercept recorded at the project to date (see News Release of July 27, 2023). Geologic modeling completed after that drilling shows that the Palo...