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Prismo Metals Receives High Silver and Copper Assays at Silver King

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Prismo Metals Receives High Silver and Copper Assays at Silver King

 

 

 

 

 

Announces Expanded Drill Plan

 

Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) is pleased to report that it has received final assay results including overlimits for the first batch of twenty-three samples taken at the Silver King project located in Arizona. The new assays include 619 g/t Ag and 511 g/t Ag for two samples taken at the Silver King shaft area, as well as 757 g/t Ag, 1.5% Cu, 6.7% Pb, and 11.5% Zn for the recently encountered polymetallic vein.  Preliminary assay data was described in a news release dated September 24, 2025.

 

“The overlimit assays for silver highlight the high-grade nature of both the mineralization around the Silver King mine and the recently encountered polymetallic vein. The results confirm the significance of the recently discovered polymetallic vein as a new exploration target at the Silver King project,” said Dr. Craig Gibson, Chief Exploration Officer. “Overlimit copper assays ranging from 1.11% to 2.43% copper for three samples from the replacement mineralization area provides encouraging data for this style of mineralization. The replacement mineralization occurs along strike with the stratigraphic horizon at the nearby Magma mine and occurs as a large body on the Black Diamond claim.”

 

Figure 1. Geologic and land map of the Silver King project showing newly described polymetallic vein in magenta (Ag-Pb-Zn), copper vein in green (Cu-Ag) and stratigraphically controlled replacement mineralization in red.  The strongly altered intrusion with stockwork quartz-pyrite veining is indicated by the crosshatch.

 

Table 1. Assay results for samples with overlimits from the Silver King project

 

Sample Au g/t Ag g/t Cu % Pb % Zn % Sb ppm Bi ppm Ba ppm Hg ppm
New polymetallic vein        
544510 0.03 757 1.51 6.69 11.53 7788 0.3 >10000 12.84
Silver King mine            
544514 1.07 619 0.59 0.44 0.63 337 3 >10000 1.7
544517 0.04 511 0.09 0.26 0.43 377 0.2 >10000 15.66
Cu replacement zone          
544502 0.47 7 1.35 0.02 0.8 71.8 30 <0.005
544507 2.26 25 2.43 0.23 0.4 33.5 12 0.01
544508 0.73 12 1.11 0.28 0.4 29.1 12 0.03
544552 <005 35 0.14 2.81 2.21 114 0.5 24 2.11

.

 Figure 2.  Map showing Silver King project and nearby mineral deposits. The Silver King deposit is located 3km from the Resolution Copper deposit (a joint venture between Rio Tinto and BHP) and the high-grade Magma mine, a former copper and silver producer.

 

Drill Program Update

 

Prior to the discovery of the mineralized veins and porphyry related style mineralization announced recently, Prismo had planned a drill program at the historic Silver King mine for about 1,000 meters. That drill plan was designed to test the upper half of the steeply dipping pipelike Silver King mineralized body as well as potential mineralization adjacent to the dense stockwork that was the focus of historic mining.

 

Following the recent discoveries, Prismo is planning to add second phase of drilling for an additional 1,000 meters. This additional program will focus on the newly identified targets outside of the historic mining area, such as the polymetallic vein and the copper vein mentioned above. Drilling of a large body of replacement mineralization on the patented Black Diamond claim is also being planned and is road accessible on private ground.

 

Figure 3. Cross section through the Silver King mine workings showing proposed drill holes (in black) to test the pipelike mineralized body (in red)

 

Figure 4. Planned drill pads for the Silver King project.

 

“Much of the focus of the exploration program to date has consisted of a property-wide survey of historic mines and prospects surrounding the direct Silver King workings,” said Gordon Aldcorn, President of Prismo.  “This work has expanded our geological thinking and resulted in the recognition of several new types of mineralization at the project, providing additional targets for exploration. Prismo has already submitted a plan of operations for the drill program with Forest Services. Some of the drilling sites considered for the new targets will be subject to further permitting applications.”

 

Figure 5. Copper assays for samples taken at the Silver King project.

 

Figure 6. Silver assays for samples taken at the Silver King project.

 

 

Table 4. Locations for samples mentioned in the text.

 

Sample Location Type/width (m) E WGS84 N WGS84
544502 Black Diamond Grab 492,633 3,687,623
544507 Replacement zone Dump 492,054 3,687,431
544508 Replacement zone 0.7 491,986 3,687,334
544510 Polymetallic vein Dump 491,863 3,687,565
544514 Silver King Mine Dump 491,855 3,687,907
544517 Silver King Mine Dump 491,855 3,687,907
544552 Replacement zone float Selected 491,928 3,688,043

 

 

Sample data previously released in News Release dated September 24, 2025.

 

 

QA/QC

 

Samples were analyzed by SGS, an internationally recognized analytical lab, with preparation at the Tempe, Arizona facility and analyses at the Burnaby laboratory.  Prismo inserts control samples consisting of standard pulps and coarse blanks in the sample stream for QA/QC purposes and also utilizes the labs internal control samples.

 

Qualified Person

 

Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-101 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release.  The historic data presented in this press release was obtained from public sources, should be considered incomplete and is not qualified under NI 43-101, but is believed to be accurate. The Company has not verified the historical data presented and it cannot be relied upon, and it is being used solely to aid in exploration plans. References to mineralization at the Magma Mine and Resolution Copper deposit are not necessarily indicative to the mineralization on the Silver King property.

 

About the Silver King

 

Discovered in 1875, the Silver King mine was one of Arizona’s most important historic producers, yielding nearly 6 million ounces of silver at grades of up to 61 oz/t.  The Silver King mine sits only 3 km from the main shaft of the Resolution Copper project — a joint venture between Rio Tinto and BHP and one of the world’s largest unmined copper deposits with an estimated copper resource of 1.787 billion metric tonnes at an average grade of 1.5% copper(1). The unique land position is fully surrounded by Resolution Copper’s claim block, offering strategic upside. Selected samples from small-scale production in the late 1990s returned grades as high as 644 oz/t silver (18,250 g/t) and 0.53 oz/t gold (15 g/t), indicating that high-grade mineralization remains.

 

  1. (1)https://resolutioncopper.com/about-us/
  2. (2)Briggs, D., 2015, Superior, Arizona: An old mining camp with many lives, Ariz. Geol Survey Contributed Report CR-15-D, 13p.

 

About Prismo Metals Inc.

 

Prismo is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

 

Posted September 29, 2025

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