Business
Prismo Metals Receives LiDAR Data for Los Pavitos
Palos Verdes drilling program in progress Vancouver, British Columbia--(Newsfile Corp. - August 29, 2022) - Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) ("Pris
About this update from Prismo Metals Inc.
[{"type":"text","content":" Palos Verdes drilling program in progress Vancouver, British Columbia--(Newsfile Corp. - August 29, 2022) - Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) (\"Prismo\" or the \"Company\") is pleased to announce that it has received the data from the LiDAR survey carried out at its Los Pavitos project in Sonora State, Mexico. Preliminary interpretation of the topographic images is ongoing. Several structural features and small mine workings are visible in the data which will help to define the major mineralized structures at the project. The analysis of the data to date has identified several areas with small prospect pits that have not yet been visited or sampled. Dr. Craig Gibson said: \"While our analysis of the LiDAR data has not yet been completed, we are delighted with the results to date. Structural features and small mine workings are clearly visible in the data, and we feel that it will greatly aid in the delineation of important structural trends as part of the process to identify drill targets for a drilling campaign planned in late 2022.\" Enlarged view of the central portion of the Los Pavitos concession showing features visible in the LiDAR data, including small mine workings and trenches along the Santa Cruz structural zone. View of the central portion of the Los Pavitos concession showing larger scale features visible in the LiDAR data.Geology overlain on the LiDAR map with the Santa Cruz structural zone defined by As assays. LiDAR map with geology overlay and interpreted mineralized areas in magenta with Au assays. Several small mine workings visible in the data have not yet been visited and sampled. Geologic units are as shown in the previous figure. Prismo also announced that its 2,000-meter drill program at its Palos Verdes project located in Sinaloa, Mexico is proceeding as planned with the first hole in progress. The Palos Verdes property is contiguous to the Panuco silver-gold project of Vizsla Silver Corp. The drilling campaign is expected to last approximately two months. The drill program is designed to test the Palos Verdes vein and a structural intersection with a second vein at depths where it is believed that potential for a large ore shoot is present, similar to the drilling accomplished by Vizsla Silver on their adjacent land package. A minimum 2,000-meter program has been contracted with MW Drillin...