Prismo Develops Additional Drill Targets at Silver King Provides Update on Drill Permit

Core Insights - Prismo Metals Inc. has completed a detailed exploration program at the Black Diamond area of its Silver King Project in Arizona, which included mapping and sampling of the area [1] - The exploration program identified a large copper anomaly along with anomalous gold values, and the presence of other metals such as zinc, lead, silver, and antimony associated with a newly encountered felsic intrusion [4][6] - The company has received approval from the Forest Service for its proposed drill plan, which is now moving into the environmental analysis phase [9][10] Exploration Results - The soil survey revealed a significant copper anomaly over the Black Diamond replacement body, with previous rock samples indicating a copper-gold association [4] - XRF analysis indicated the presence of silver, lead, zinc, and antimony in quartz veinlets within the felsic intrusion, with 34 rock chip samples submitted for laboratory assay [5][6] - Craig Gibson, Chief Exploration Officer, confirmed the Black Diamond area as a compelling drill target based on the exploration results [7] Drilling Plans - The company plans to conduct a two-phase drilling program, starting with approximately 1,000 meters at the historic Silver King mine site, targeting the upper half of the mineralized body [11][13] - A second phase of drilling will focus on newly identified targets outside the historic mining area, including the polymetallic vein and the copper vein [13] - The drilling of the replacement mineralization on the Black Diamond claim is also planned, which is accessible on private ground [13] Historical Context - The Silver King mine, discovered in 1875, was a significant historic producer of silver, yielding nearly 6 million ounces at high grades [17] - The mine is strategically located near the Resolution Copper project, which has an estimated copper resource of 1.787 billion metric tonnes [17]