Prismo Metals Advances to Drilling at Historic Silver King Silver Project with Permit Approval and Contractor Engagement

Core Viewpoint - Prismo Metals Inc. has received formal permit approval from the U.S. Forest Service to initiate a fully funded drill program at the historic Silver King Mine project in Arizona's Copper Belt, marking a significant milestone for the company [1][4]. Drilling Program Details - The approved permit allows drilling from multiple pads to test the upper part of the Silver King mineralized body, which has been mined to a depth of approximately 300 meters [2][6]. - The initial phase of the drilling program will consist of 1,000 meters of diamond drilling, focusing on the upper portion of the steeply plunging mineralized body [4][6]. - Mobilization to the Silver King Project is scheduled for February 20th, 2026, with preparatory site work and access improvements to follow [3][4]. Exploration Potential - The drilling program aims to evaluate the significant exploration potential of the Silver King system, which has historically produced high-grade silver and base metals [4][9]. - Additional high-priority targets identified through recent exploration work may also be tested during the planned drilling [3][4]. Contractor Engagement - Prismo has engaged Godbe Drilling LLC, a reputable contractor with extensive experience in Arizona, to conduct the Phase 1 drilling program [7]. Historical Context - The Silver King mine, discovered in 1875, is one of Arizona's most significant historic silver producers, with nearly six million ounces of silver produced at average grades ranging from approximately 61 to 21 ounces per ton during early production [9]. - Limited small-scale mining in the late 1990s yielded samples with exceptionally high silver and associated gold values, indicating that high-grade mineralization remains within the system [9].