Only recently, global asset manager Sprott explained that a new "super cycle" is beginning to form in the copper market. This is based on several geopolitical and market trends, which would lead to a "strongly bullish" outlook for the copper price. This is also in line with our observations. Which is why we are once again looking at an extremely promising copper company for our readers. Canada's Prismo Metals appears to [...]
Prismo Metals Inc. is pleased to announce that further to its news release dated June 11, 2024, the Company has closed its previously announced non-brokered private placement for gross proceeds of $1,147,500 through the issuance of 6,750,000 units of the Company . Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant of the Company . Each Warrant entitles [...]
Global Stocks News - On June 11, 2024 Prismo Metals updated the market with three significant announcements. 1. The company has received commitments for a $1.1 million private placement of units at a price of $0.17 per unit. 2. At its Hot Breccia Copper Project , a drilling permit is expected this month. The upcoming exploration program will focus on diamond drilling five holes with an expected depth of 1,000 metres each [...]
HIGHLIGHTS Prismo Metals has received commitments for a $1.1 million private placement of units at a price of $0.17 per unit. Hot Breccia Copper Project : Permit expected this month. Upcoming exploration program to focus on diamond drilling five holes with an expected depth of 1,000 metres each. Palos Verdes Silver Project : Planning to drill approximately 3,600 meters in ten holes to be completed in two phases. These [...]
Prismo Metals Inc. is pleased to announce the appointment of Steve Robertson as President of the Company. Mr. Robertson has been a technical advisor to Prismo since January 2023. Alain Lambert, currently the Executive Chairman of the Company will assume the role of CEO. The board of Prismo believes that this is the right time to add to the management team with the anticipated increasing activity at the Company's [...]
Prismo Metals Inc. , is pleased to announce the listing of the Company's common shares on the Frankfurt Stock Exchange under the trading symbol "7KU". Prismo Metals shares are also cross listed on the Canadian Securities Exchange and on the OTCQB in the United States . The Frankfurt Stock Exchange is one of the world's largest international trading centers for securities. Operated by the Deutsche Boerse AG, the FSE is the [...]
Prismo Metals Inc. is pleased to announce that it has completed its previously announced debt settlement with certain creditors of the Company , pursuant to which the Company has issued to the Creditors an aggregate of 2,833,690 Common Shares at a price of $0.17 per Common Share in full and final settlement of accrued and outstanding indebtedness in the aggregate amount of approximately $481,727 . All securities issued [...]
Prismo Metals Inc. is pleased to announce assay results for samples taken in February during our ongoing exploration program at the Hot Breccia Project located in the heart of the prolific Arizona Copper Belt. The Hot Breccia property hosts a cluster of hydrothermal breccia pipes originating from at least 1 kilometer depth that incorporated a wide range of wallrock fragments including variably copper and gold mineralized [...]
Prismo Metals Inc. is pleased to announce engaging Exploration Technologies Inc. from San Diego, California to apply xFlare, their Artificial Intelligence -Optimized drill planning solution, to its Hot Breccia Project where a number of features suggests well mineralized Arizona-style Copper Porphyry lies at depth. The xFlare AI approach is specifically designed to combine surface geology and drilling results with [...]
Prismo Metals Inc. is pleased to announce results from its ongoing exploration program at Los Pavitos, a 100% owned 5,300 ha Project in the well-mineralized Alamos region of southern Sonora State, Mexico. Exploration work reported here includes drilling of 4 new zones in an area of 1.5 by 3 km. Combined with earlier reported work , positive results have been obtained from Las Auras, Santa Cruz, Santa Cruz Southeast, La [...]
Prismo Metals Inc. is pleased to announce that the heliborne ZTEM geophysical survey undertaken at its Hot Breccia copper project in Arizona has identified a priority drill target. Hot Breccia is located in the heart of the prolific Arizona Copper Belt between Tucson and Phoenix . The ZTEM survey identified a large conductive body at depth below the surface exposure of a large dike swarm that hosts the namesake breccias [...]
Prismo Samples 930 g/t Silver and 10.55 g/t gold at Palos Verdes Prismo Metals Inc. is pleased to provide an update for its exploration program at the Palos Verdes property located in the Panuco district in Mexico. Following the completion of its third drill campaign with 2,923 meters drilled in 15 holes, and in preparation of the upcoming expanded drill program to be drilled from Vizsla Silver Corp. concessions adjacent [...]
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