Prismo Metals Identifies Porphyry Style Mineralization at Silver King

Core Insights - Prismo Metals Inc. has identified porphyry style mineralization at its Silver King project in Arizona, which is near the significant Resolution Copper deposit, indicating strong potential for further exploration and development [1][3][5] Exploration Findings - The exploration team has successfully identified several targets beyond the historic silver mine deposit, including polymetallic veins and altered intrusions with stockwork quartz-pyrite veining, suggesting a rich mineralization environment [3][10] - The Silver King deposit is located just 3 kilometers from the Resolution Copper deposit and the former high-grade Magma mine, which produced approximately 27.6 million short tons of ore with an average copper grade of about 4.9% [5][18] - Historical mining at the Magma mine yielded significant quantities of zinc, gold (689K oz), and silver (34.3M oz), highlighting the area's potential for valuable mineral resources [5][18] Geological Characteristics - Mineralization at Silver King is hosted by the same rock sequence as the nearby deposits, with surface exposure that is not obscured by volcanic rocks, enhancing exploration opportunities [5][18] - The presence of oxide copper minerals, particularly malachite, along a northeast dipping limestone horizon indicates favorable geological conditions for mineralization [6][10] - A previously identified felsic intrusion has been confirmed by Prismo geologists, characterized by strong stockwork quartz-pyrite veining and anomalous metal values in soil samples, further supporting the potential for porphyry mineralization [8][10] Geochemical Analysis - A geochemical survey using handheld XRF instruments revealed discrete anomalies for copper (Cu), silver (Ag), and antimony (Sb) around the historic glory hole, with copper values ranging from 5,619 ppm to 12.5 ppm, silver from 186 ppm to 1.3 ppm, and antimony from 300 ppm to 3.9 ppm [11][15] - The exploration program has led to the identification of new mineralized occurrences, including distinct veins with high-grade silver, lead, and zinc, as well as copper and silver values [16][10] Future Plans - The initial phase of exploration has provided valuable insights into the potential of the Silver King project, with plans for a drill program currently in the permitting stage [13][10] - The strategic location of the Silver King mine, surrounded by the Resolution Copper claim block, offers significant upside potential for future exploration and development [18]