Prismo Metals (CSE:PRIZ) Unveils Encouraging Assay Results from Los Pavitos Project in Mexico

Prismo Metals (CSE: PRIZ) (OTCQB: PMOMF) has reported positive assay results from its extensive exploration of the 5,289-hectare (20 square miles) Los Pavitos project, situated in the mineral-rich Alamos region of southern Sonora State, Mexico. The most promising findings were observed at the Las Auras and Santa Cruz target areas, where numerous gold assays exceeded 3 grams per ton (g/t) over widths ranging from 0.15 to 1.5 meters.

Figure 1. Gold assays in the Las Auras area of the Los Pavitos project. Source: Prismo Metals

The Las Auras target area delivered particularly impressive results, with the highest gold concentration reaching 14.35 g/t over 0.5 meters, and 12.25 g/t over a 1-meter width in two distinct locations. At the Santa Cruz target, ongoing sampling also revealed notable gold and silver values. The best results featured 5.48 g/t gold and 269 g/t silver over a 0.5-meter width, while another sample displayed 543 g/t silver and 1 g/t gold over 1.5 meters.

The most recent phase of systematic mapping and sampling focused on the Las Auras target, where 199 samples were collected. Additionally, follow-up sampling at Santa Cruz saw the completion of 94 samples. Out of the 293 samples, forty-nine yielded gold concentrations of 0.5 g/t or higher, and eleven samples also contained over 100 g/t silver. The pathfinder elements arsenic (As) and bismuth (Bi) were generally found to be strongly anomalous.

Dr. Craig Gibson, President and CEO of Prismo Metals, commented in a press release: “We are very pleased to see high-grade gold results emerge from our detailed sampling program at Las Auras along with continued high gold and local silver from Santa Cruz. The two areas are different; Las Auras is characterized by northwest trending veins and shears hosted in intrusions, while Santa Cruz is dominated by northeast trending veins that follow sedimentary bedding. Both areas have significant soil cover and trenching will help trace the structures and determine the full width of the mineralized areas”.

Figure 2. Gold assays in the Santa Cruz area of the Los Pavitos project. Source: Prismo Metals

Table 1. Highlight assays from the Las Auras area

Sample  Type  Style Width (m) Easting Northing Au_g/t Ag g/t As_ppm Bi_ppm
12092 Chip Vein 0.5 674653 3003803 9.4 17.75 1155 10.7
12093 Chip 0.65 674655 3003805 0.673 2.33 1040 12.55
12094 Chip Vein 0.2 674660 3003799 2.38 9.27 891 0.46
12095 Chip 0.6 674661 3003781 0.539 8.37 183 11.55
12096 Chip 0.5 674667 3003797 5.83 14.65 >10000 3.15
12097 Chip 0.6 674670 3003796 1.06 2.86 1390 1.74
12098 Chip Vein 0.15 674669 3003796 3.84 4.26 >10000 9.01
12115 Chip Vein 0.15 674673 3003795 0.583 1.1 4070 4.92
12116 Chip Area 0.6 674670 3003786 6.43 4.74 >10000 8.53
12117 Chip Area 0.6 674685 3003782 1.25 1.65 4550 1.48
12121 Chip Vetilla 0.6 674643 3003815 0.599 1.92 1670 0.53
12124 Chip Vein 0.15 674606 3003830 1.19 1.73 6200 4.32
12125 Chip Disseminated 0.6 674606 3003831 1.85 3.29 887 1.16
12163 Chip Area 1 674491 3003873 3.85 5.96 5270 8.5
12165 Chip Vetilla 1.5×2.5×1 674414 3004129 12.25 47.3 2290 16.1
12196 Chip Area 1 673725 3003886 0.563 1.72 493 5.02
12209 Chip Vetilla 0.4 674807 3003451 0.74 42.7 6780 137
12210 Chip Vetilla 0.5 674758 3003443 0.555 4.77 3880 7.69
12211 Chip Vetilla 0.5 674750 3003433 14.35 52.7 5630 14.3
12217 Chip Skarn 0.6 674684 3003137 0.551 89.7 >10000 25.6
12218 Chip Skarn 0.6 674685 3003137 0.739 8.18 >10000 11.95
12219 Chip Skarn 0.6 674686 3003142 0.716 224 >10000 0.39
12251 Chip Vein 0.25 674881 3003235 1.31 0.95 8190 3.22
12252 Chip Area 1 674879 3003236 1.2 1.31 5510 2.19
12253 Chip Vein 0.25 674877 3003235 0.771 1.32 6340 4.17
12255 Chip Vein 0.4 674893 3003232 2.24 10.05 >10000 7.22
12256 Chip Vein 0.4 674887 3003234 0.829 9.26 3810 1.08
12257 Chip Area 1 674889 3003230 1.47 4.8 8140 2.15

 

Table 2. Highlight assays from the Santa Cruz area

Sample Type Style Width (m) Easting Northing Au_g/t Ag g/t As_ppm Bi_ppm
12289 Chip Breccia 0.5 677099 3001780 0.67 46.5 >10000 0.67
12293 Chip Area 1 677243 3001862 1.98 72.6 >10000 0.54
12305 Chip Area 2 676715 3001722 1.89 3.37 652 0.6
12314 Chip Vein 1.5 676966 3001737 1.42 64.2 >10000 3.37
12315 Chip Vein 1.5 676977 3001741 0.876 329 >10000 1.69
12323 Chip Vein 1.5 676924 3001704 1.01 542 >10000 0.97
12327 Chip Vein 1.5 676891 3001676 5.14 88.1 >10000 5.05
12330 Chip Vein 1 676934 3001760 0.707 447 3030 4.5
12349 Chip Vein 1.8 677015 3001702 1.07 37.1 5640 0.55
12359 Chip Vein 0.5 677240 3001858 3.08 295 >10000 0.73
12361 Chip Vein 0.5 677231 3001850 5.48 269 >10000 0.11
12384 Chip Vein 0.5 677327 3001888 0.869 35.3 8860 0.06
12385 Chip Vein 0.5 677311 3001880 0.872 7.58 >10000 0.21
12387 Chip Vein 0.5 677279 3001869 1.95 70.2 6360 0.2
12388 Chip Vein 0.5 677266 3001861 2.24 181 >10000 1.84
12389 Chip Vein 0.5 677208 3001844 2.62 326 >10000 0.72
12391 Chip Vein 0.5 677181 3001831 1.5 54.5 >10000 0.68
12393 Chip Vein 0.5 677164 3001818 0.654 21.9 4010 0.23
12395 Chip Vein 0.5 677123 3001800 0.533 184 9790 1.02
12397 Chip Vein 0.5 677076 3001730 3.15 398 >10000 5.48
12398 Chip Vein 0.5 677000 3001692 0.645 8.81 4400 0.58

 

 

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.

Matthew Evanoff

I specialize in the mining industry, focusing on top global mining stocks. My reporting covers the latest industry news, company/project developments, and profiles of key players. With a degree in finance and economics from the University of Toronto, I've contributed to a wide range of industry publications. Beyond my professional pursuits, I have a keen interest in global business and a love for travel.

By Matthew Evanoff

I specialize in the mining industry, focusing on top global mining stocks. My reporting covers the latest industry news, company/project developments, and profiles of key players. With a degree in finance and economics from the University of Toronto, I've contributed to a wide range of industry publications. Beyond my professional pursuits, I have a keen interest in global business and a love for travel.

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