Prismo Metals Inc. · CSE:PRIZ
Prismo Metals — Corporate Update (August 2023)
24 slides from Prismo Metals's corporate update, August 2023
Slide 1: Discovery and Exploration
CSE: PRIZ OTCQB: PMOMF Discovery and Exploration Third Quarter - 2023 W W W. P R I S M O M E TA L S . C O M
Slide 2: Disclaimer
PRISMO METALS Disclaimer CSE: PRIZ OTCQB:PMOMF Non-Reliance This presentation does not provide full disclosure of all material facts relating to Prismo Metals Inc., or its securities, and is not subject to such performance or results will be achieved. A number of factors could cause actual results t
Slide 3: Investment Highlights
Investment Highlights CSE: PRIZ OTCQB:PMOMF Successful Explorers Three Major Opportunities Four successful explorers with multiple major discoveries: 1 PALOS VERDES 2 LOS PAVITOS 3 HOT BRECCIA Fully permitted Fully permitted Being permitted Rafael Dr. Peter Steve Dr. Craig Gibson Gallardo Mega
Slide 4: Tight Share Structure
Tight Share Structure CSE: PRIZ OTCQB:PMOMF Capital structure Drilling Phase on Three Properties Shares held by officers, directors, & advisors 11,383,751 28.1% Vizsla Silver Corp. (TSXV: VZLA) 4,000,000 9.9% Institutions 5,800,000 14.3% Common Float 19,327,729 47.7% shares held by officers, Total s
Slide 5: Significant number of announceables
Significant number of announceables CSE: CSE: PRIZ PRIZ OTCQB: PMOMF OTCQB:PMOMF Q3 Q4 Q1 2004 PALOS VERDES PALOS VERDES PALOS VERDES Finalize current drill program Evaluate and publish results Discussions with strategic partner Vizsla Evaluation of drill results Continue deep drilling program from
Slide 6: Palos Verdes
OVERVIEW Palos Verdes CSE: PRIZ OTCQB:PMOMF • Surrounded by Vizsla Silver (TSXV: VZLA) • Vizsla: strategic partner with 9.9% ownership in Prismo • Within the historic Panuco silver-gold district in Sinaloa, Mexico with important historic precious metal production • Important mining region with sever
Slide 7: Panuco District
PALOS VERDES Panuco District CSE: PRIZ OTCQB:PMOMF Panuco district • Numerous veins with important historical production mainly from the central portion of the district where ore shoots exposed by erosion • Northwest to northerly striking veins • Northeast striking veins • Much of the district has b
Slide 8: Exploration Plan 2023
PALOS VERDES Exploration Plan 2023 CSE: PRIZ OTCQB:PMOMF • Current drill program of 2,500 meters underway New drilling to test the Palos Verdes vein in areas where there was no previous drill access, to the NE and portions of the SW • Current program is nearly complete • Drilling to the northeast in
Slide 9: Exploration Plan 2023
PALOS VERDES Exploration Plan 2023 CSE: PRIZ OTCQB:PMOMF • An expanded program of deeper drilling from Vizsla Silver concessions is planned Map and 3D view showing planned deep drill holes. 9 DISCOVERY & EXPLORATION | WWW.PRISMOMETALS.COM
Slide 10: Los Pavitos Overview
LOS PAVITOS Los Pavitos Overview CSE: PRIZ OTCQB:PMOMF • Los Pavitos project consists of one concession covering 5,289 hectares staked by Mineral Cascabel • Rafael Gallardo from Minera Cascabel (and a Prismo director) played a key role in assembling Los Pavitos • This concession surrounds several sm
Slide 11: Los Pavitos: Large Potential
LOS PAVITOS Los Pavitos: Large Potential CSE: PRIZ OTCQB:PMOMF Orogenic Gold Deposit? • Los Pavitos provides an opportunity to explore for a deposit that may be similar to deposits discovered and put LEGEND into production over the last two Caborca Orogenic decades in northwestern Caborca Gold gold
Slide 12: Geology
LOS PAVITOS Geology CSE: PRIZ OTCQB:PMOMF Las Auras Multiple targets • Host rocks are metasediments with a generally strong northeast foliation as well as intermediate intrusions Oromuri Santa Cruz • Quartz veins along northeast trends parallel to foliation and along northwest shears • Area of stron
Slide 13: Target Definition
LOS PAVITOS Target Definition CSE: PRIZ OTCQB:PMOMF Quartz veins • Strong veining along and crosscutting regional foliation • Assays received for more than 1,000 samples taken to date. More results to be announced • Important gold assays in Las Auras and Santa Cruz areas with as much as 10.15 and 28
Slide 14: Recent Exploration Results
LOS PAVITOS Recent Exploration Results CSE: PRIZ OTCQB:PMOMF Assay results • Assays received for more than 1,000 samples taken to date. More results to be announced • High gold assays > 3g/t in two main areas, Las Auras and Santa Cruz, with as much as 10.15 and 28 g/t Au respectively • Quartz veins,
Slide 15: Trenching
LOS PAVITOS Trenching CSE: PRIZ OTCQB:PMOMF Trenching • Trenching commenced in mid May • Quartz veins are resistant, adjacent rocks are eroded • Allow sampling across main mineralized structures • Systematic sampling across zones • Give better information on width of mineralized zones Geologic map o
Slide 16: Getting Ready to Drill
LOS PAVITOS Getting Ready to Drill CSE: PRIZ OTCQB:PMOMF Trenching program • Trenching underway to better define structures • Systematic sampling across zones • Give better information on width of mineralized zones • Wider mineralized zones could be important for project development Trench Location
Slide 17: Hot Breccia
Hot Breccia CSE: PRIZ Tier I Copper Jurisdiction OTCQB:PMOMF • Since 1910, Arizona leads the US in production of copper • Today, 68% of U.S. production comes from Arizona • 10 major copper mines in Arizona produce 23 to 632 million pounds of copper per year. • Most of the copper mined in Arizona com
Slide 18: Hot Breccia
Hot Breccia CSE: PRIZ OTCQB:PMOMF Location • 1,420 hectares in Pinal and Gila Counties of Arizona, USA To Phoenix To Globe • Arizona State Highway 77 bisects the property, and ASARCO's Chilito Hayden Smelter is located 2 km away Christmas Mine • Nearest major cities and airports are Tucson and Phoen
Slide 19: Hot Breccia
Hot Breccia CSE: PRIZ Cross Section OTCQB:PMOMF NW SE • Cross Section of the Christmas Mine area Christmas Mine Expansion by drilling showing mineralization (geology from Briggs) Model for Hot Breccia Property • The historic Christmas Mine is represented at the upper left • The Expansion drilled by
Slide 20: Hot Breccia
Hot Breccia CSE: CSE: PRIZ PRIZ The Target OTCQB:PMOMF OTCQB: PMOMF • The same productive geologic units that host high-grade, copper skarn mineralization at the adjacent, past-producing Christmas Mine, have been found at Hot Breccia • The Hot Breccia target is similar to the past producing Christma
Slide 21: Hot Breccia
Hot Breccia CSE: PRIZ Drill Holes OTCQB:PMOMF To Globe To Phoenix • Kennecott drilled seven holes from 1972 to 1981 Chilito Christmas Mine • Phelps Dodge drilled two holes on and near the current property in the same era. Legend San Carlos Apache Reservation Historical Drill • All drill holes report
Slide 22: Hot Breccia
Hot Breccia CSE: PRIZ Drill Holes OTCQB:PMOMF • Kennecott reported highlights: • OC-1: 77’ with 0.54% Cu at 2,100’ • OCC-7: 60’ with 1.4% Cu, 4.65% Zn at 2,900’ • OCC-8: 25’ with 1.73% Cu and 0.11% Zn at 2,305’ and 15’ with 1.4% Cu and 0.88% Zn at 2,350’ • Phelps Dodge drill hole PD 2 reported: • 1,
Slide 23: Hot Breccia
Hot Breccia CSE: CSE: PRIZ PRIZ Proposed Exploration Program OTCQB: PMOMF OTCQB:PMOMF Hayden Smelter • Permitting work underway • Anticipated permit issuance (Q3 2023) • Identify high-potential targets for breccia / chimney / mantos. • Airborne ZTEM survey to help define full shape of the sulfide sy
Slide 24: Thank You
CSE: PRIZ Thank You Craig Gibson, President & CEO craig.gibson@prismometals.com W W W. P R I S M O M E TA L S . C O M