Prismo Metals Unveils Assay and IP Survey Findings at Silver King Project

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Prismo Metals Inc., a Vancouver-based mining exploration company, has announced the final assay results from its recent activities at the Silver King Project. The results particularly focus on the Crown porphyry target area on the eastern side of the property. These findings confirm the presence of high-grade silver mineralization and establish new drilling targets that could lead to significant discoveries.

Key findings from assay results

Prismo conducted a series of assays revealing over-limit silver results.

This suggests significant mineralization linked to quartz-sulfide veins within the Crown porphyry. These findings not only support geological expectations but also correlate with previously reported high gold assays from the stockwork intrusion. Together, these results provide a strong basis for drilling in this high-priority area.

Craig Gibson, Chief Exploration Officer at Prismo, expressed optimism about the recent findings related to the Silver King site. He noted, “The decision to option the Silver King site, with its historical significance as a high-grade silver mine, was driven by our belief in the potential for additional mineralization in the region.” Gibson highlighted that the current results support this belief, revealing promising drill targets at both the Crown porphyry and the nearby Black Diamond replacement areas. He also emphasized the significant potential for discovering precious metals and copper in the surrounding area.

Overview of assay data

The following table summarizes the assay results for selected samples taken from the Crown porphyry stockwork. This data illustrates the varying grades and widths of the mineralization encountered:

*Previously reported assays.

Insights from the IP survey

An important pole-dipole IP survey was conducted over parts of the Silver King project. This survey aimed to enhance the understanding of the geological structure by providing three-dimensional data on suspected mineralization areas identified in an earlier gradient array survey. The results confirmed the presence of significant chargeability and resistivity anomalies, particularly associated with the Silver King diorite porphyry.

Notably, the IP survey revealed a large low-resistivity anomaly indicative of the mineralization’s depth and extent. The chargeability anomalies correlate with altered country rocks along intrusive contacts, suggesting the presence of valuable resources. Most intriguing is the chargeability high linked to the Crown porphyry stockwork, which appears to extend from shallow levels down to approximately 300 meters.

Future drilling plans

Alain Lambert, CEO of Prismo, reported promising results from recent assays and an induced polarization survey. He stated that these findings underscore the significant exploration potential at the Silver King project. The company plans to start drilling on these targets while ensuring a fully funded drill program at the historic Silver King mine site, which will involve approximately 2,000 meters of drilling to investigate the mineralized body and surrounding areas.

Lambert also noted a positive partnership with regulatory agencies. He confirmed that the proposed drill plan has satisfied regulatory requirements and is currently in the environmental review process. The project has received a Categorical Exclusion, suggesting that it is expected to have minimal environmental impact.

Prismo Metals advances Silver King project

Recent assay results and findings from the IP survey indicate that Prismo Metals is set to enhance its exploration activities at the Silver King project. The insights from these investigations may lead to significant discoveries, highlighting the project’s potential as a key asset in the mining industry.

For ongoing updates regarding Prismo Metals and its initiatives, follow the company on social media platforms.

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