Prismo Metals Discovers Two Separate Mineralized Veins at Silver King

Core Insights - Prismo Metals Inc. is advancing exploration work at the Silver King mine, identifying two previously undescribed veins with mineralogical characteristics similar to the existing deposit [1][2] - Preliminary analysis indicates the presence of lead, silver, copper, and zinc in the mineralization, with lab results expected soon [1][2] - The Silver King mine has historical significance, having produced nearly 6 million ounces of silver at grades up to 61 oz/t, with potential for high-grade mineralization remaining [12][21] Exploration Updates - The exploration program at Silver King is set to be completed in September, followed by a preliminary drilling program pending permit approval [6] - Initial work has included a property-wide survey and geochemical analysis around the Silver King deposit, which is strategically located near other significant deposits like the Resolution Copper project [4][14] Historical Context - The Silver King mine was discovered in 1875 and has a rich production history, with significant output occurring until 1928 [20][15] - Selected samples from the late 1990s indicated grades as high as 644 oz/t silver, suggesting that high-grade mineralization remains in the area [21][13] Strategic Positioning - The mine's location, only 3 km from the Resolution Copper project, offers strategic advantages and potential for further exploration [14][21] - The acquisition of the Silver King mine represents a rare opportunity for the company, given its proximity to other world-class deposits and the lack of modern exploration [7][6] Upcoming Events - Prismo will host a live webinar on September 3rd, where executives will discuss the company's exploration projects and answer audience questions [10][11]