In this company update, I chat with with Alain Lambert, CEO of Prismo Metals (CSE: PRIZ | OTCQB: PMOMF | FSE: 7KU), to discuss their first-ever drill program at the Silver King project in Arizona.
Key Discussion Points:
- The Silver King Drill Program: Alain details the upcoming 1,000-meter phase one drill program, which marks the first time this high-grade past producer has been tested with modern drilling techniques.
- Targeting Near-Surface Mineralization: The initial phase focuses on shallow holes (25 to 175 meters) to define high-grade mineralization left behind by historical mining operations in the late 1800s.
- Copper Porphyry Potential: Beyond silver, the project is situated near the massive Resolution Copper deposit, and the team is investigating potential porphyry-style mineralization that may lie beneath the silver-rich veins.
- Operational Budget and Timeline: With an all-in drilling cost of approximately $315 per meter, the company is fully funded for its current objectives and expects to release comprehensive assay results in the coming months.
- Update at Hot Breccia: Alain provides an update on the Hot Breccia copper project, where Prismo recently increased its interest to 95% to streamline potential partnerships with major industry players.
Click here to visit the Prismo Metals website
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