Precious Metals
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…
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.
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”.
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.
The post Prismo Metals (CSE:PRIZ) Unveils Encouraging Assay Results from Los Pavitos Project in Mexico appeared first on MiningFeeds.
Canadian Silver Co. Will See Big Changes in 2024
Source: Michael Ballanger 12/22/2023
Michael Ballanger of GGM Advisory Inc. takes a look at the current state of the market and shares on stock…
EGR options out Urban Berry project in Quebec to Harvest Gold – Richard Mills
2023.12.23
EGR Exploration Ltd. (TSXV: EGR) has moved from owner to shareholder at its Urban Berry project in Quebec, this week announcing it is optioning…
Crypto, Crude, & Crap Stocks Rally As Yield Curve Steepens, Rate-Cut Hopes Soar
Crypto, Crude, & Crap Stocks Rally As Yield Curve Steepens, Rate-Cut Hopes Soar
A weird week of macro data – strong jobless claims but…
