“PRISMO METALS LOOKING FOR COPPER ELEPHANTS IN ARIZONA”
Summary
- Very experienced team (exploration and mine building), Technical Advisor and significant shareholder Peter Megaw
- Underexplored 1,420ha greenfield Hot Breccia project in Arizona, adjacent to former Christmas Mine and nearby the colossal Resolution deposit
- Prismo Metals management believes Hot Breccia could represent the same geological concept as the Resolution deposit at depth, combined with evidence pointing towards mineralization directly on the other side of an intrusion, separating Hot Breccia from the Christmas deposit
- This evidence encompasses information about sampling, mapping, stratigraphy and mineralization at depth
- Known historic intercepts include 26m @ 0.54%Cu, 20m @ 1.4%Cu, 8m @ 1.73% Cu plus 5m @ 1.4% Cu, but most data on grades from historic drilling are missing.
- Geological data implies copper mineralization underneath a 400m thick volcanic layer, as a result of vertical displacement of the Christmas stratigraphy alongside the aforementioned intrusion
- Drill permits for Hot Breccia are about to be issued
- Prismo Metals is raising C$1.1M at the moment, followed shortly by a C$3M PP to finance Hot Breccia drilling…
