Artificial Intelligence Study Confirms Prismo Metals' Exploration Plan at Hot Breccia
Prismo Metals Inc. (CSE:PRIZ)(OTCQB:PMOMF) has received results from an artificial intelligence (AI) study at its Hot Breccia project in Southern Arizona. The study, conducted by Exploration Technologies Inc., supports Prismo's exploration plan and identifies a potential large body of sulfide mineralization measuring 1,100 by 1,150 meters. This aligns with historic drilling, a dike swarm with Cu-bearing skarn xenoliths, and a conductive anomaly from a 2023 ZTEM survey.
The AI study complements historical data from the 1970s, including high-grade copper intersections at depths of 640-830 meters. Prismo believes these intercepts represent the periphery of a large mineralized system. The company has budgeted $3.0 million for a 5,000-metre drilling program consisting of 3-5 deep holes, each 1,000-1,500 meters long.
Additionally, Prismo provided an update on its Palos Verdes silver project in Sinaloa, Mexico, where drilling is ongoing but with a slower than anticipated ramp-up.
Prismo Metals Inc. (CSE:PRIZ)(OTCQB:PMOMF) ha ricevuto risultati da uno studio di intelligenza artificiale (AI) nel suo progetto Hot Breccia nel sud dell'Arizona. Lo studio, condotto da Exploration Technologies Inc., sostiene il piano di esplorazione di Prismo e identifica un potenziale grande corpo di mineralizzazione solfatara che misura 1.100 per 1.150 metri. Questo si allinea con i fori storici, un nodo di dike con xeno-liti di skarn contenenti Cu, e un'anomalia conduttiva da un'indagine ZTEM del 2023.
Lo studio AI completa i dati storici degli anni '70, inclusi gli incroci di rame ad alta qualità a profondità di 640-830 metri. Prismo crede che questi intercetti rappresentino la periferia di un grande sistema mineralizzato. L'azienda ha pianificato un budget di $3.0 milioni per un programma di perforazione di 5.000 metri, consistendo in 3-5 fori profondi, ognuno lungo 1.000-1.500 metri.
Inoltre, Prismo ha fornito un aggiornamento sul suo progetto argento Palos Verdes in Sinaloa, Messico, dove la perforazione è in corso ma con un incremento più lento del previsto.
Prismo Metals Inc. (CSE:PRIZ)(OTCQB:PMOMF) ha recibido resultados de un estudio de inteligencia artificial (IA) en su proyecto Hot Breccia en el sur de Arizona. El estudio, realizado por Exploration Technologies Inc., apoya el plan de exploración de Prismo e identifica un potencial gran cuerpo de mineralización de sulfuro que mide 1,100 por 1,150 metros. Esto coincide con perforaciones históricas, un enjambre de diques con xeno-litos de skarn que contienen Cu, y una anomalía conductiva de una encuesta ZTEM de 2023.
El estudio de IA complementa los datos históricos de la década de 1970, incluidas intersecciones de cobre de alta ley a profundidades de 640-830 metros. Prismo cree que estos interceptos representan la periferia de un gran sistema mineralizado. La empresa ha presupuestado $3.0 millones para un programa de perforación de 5,000 metros que consiste en 3-5 pozos profundos, cada uno de 1,000-1,500 metros de longitud.
Además, Prismo proporcionó una actualización sobre su proyecto de plata Palos Verdes en Sinaloa, México, donde la perforación está en curso, pero con un aumento más lento de lo anticipado.
프리즈모 메탈스 Inc. (CSE:PRIZ)(OTCQB:PMOMF)는 아리조나 남부의 핫 브레시아 프로젝트에서 인공지능(AI) 연구의 결과를 받았습니다. Exploration Technologies Inc.가 수행한 이 연구는 프리즈모의 탐사 계획을 지원하며 1,100 x 1,150 미터에 달하는 잠재적인 큰 황화 광물화체를 식별합니다. 이는 역사적인 드릴링, 구리 포함 스카른 제석으로 구성된 다이크 군집, 그리고 2023 ZTEM 조사에서의 전도성 이상과 일치합니다.
AI 연구는 1970년대의 역사적 데이터를 보완하며, 640-830 미터 깊이에서 고품질 구리의 교차점을 포함합니다. 프리즈모는 이러한 교차점이 대규모 광물 시스템의 주변부를 대표한다고 믿고 있습니다. 이 회사는 5,000 미터 드릴링 프로그램을 위한 300만 달러의 예산을 책정했습니다, 이는 각각 1,000에서 1,500 미터 길이의 심층 드릴링 3-5개 구멍으로 구성됩니다.
또한 프리즈모는 멕시코 시날로아의 팔로스 베르데스 은 프로젝트에 대한 업데이트를 제공했으며, 현재 드릴링이 진행 중이지만 예상보다 느린 속도로 진행되고 있습니다.
Prismo Metals Inc. (CSE:PRIZ)(OTCQB:PMOMF) a reçu les résultats d'une étude d'intelligence artificielle (IA) sur son projet Hot Breccia dans le sud de l'Arizona. L'étude, réalisée par Exploration Technologies Inc., soutient le plan d'exploration de Prismo et identifie un potentiel grand corps de minéralisation sulfureuse mesurant 1 100 par 1 150 mètres. Cela s'aligne avec les forages historiques, un essaim de diques contenant des xénolithes de skarn riches en Cu et une anomalie conductrice d'une enquête ZTEM réalisée en 2023.
L'étude IA complète les données historiques des années 1970, y compris des intersections de cuivre de haute qualité à des profondeurs de 640-830 mètres. Prismo pense que ces interceptions représentent la périphérie d'un grand système minéralisé. La société a budgétisé 3,0 millions de dollars pour un programme de forage de 5 000 mètres composé de 3 à 5 forages profonds, chacun mesurant 1 000 à 1 500 mètres de long.
De plus, Prismo a fourni une mise à jour sur son projet d'argent Palos Verdes à Sinaloa, au Mexique, où le forage est en cours, mais de manière plus lente que prévu.
Prismo Metals Inc. (CSE:PRIZ)(OTCQB:PMOMF) hat Ergebnisse aus einer Künstlichen Intelligenz (KI) Studie zu ihrem Hot Breccia-Projekt im Süden von Arizona erhalten. Die von Exploration Technologies Inc. durchgeführte Studie unterstützt den Explorationsplan von Prismo und identifiziert eine potenziell große Lagerstätte mit Sulfidmineralisierung von 1.100 mal 1.150 Metern. Dies stimmt mit historischen Bohrungen, einem Dijk-Schwarm mit Cu-haltigen Skarn-Xenolithen und einer elektrischen Anomalie aus einer ZTEM-Umfrage von 2023 überein.
Die KI-Studie ergänzt historische Daten aus den 1970er Jahren, einschließlich hochgradiger Kupfer-Intersections in Tiefen von 640-830 Metern. Prismo glaubt, dass diese Treffer den Rand eines großen mineralisierten Systems darstellen. Das Unternehmen hat ein Budget von 3,0 Millionen Dollar für ein 5.000-Meter-Bohrprogramm eingeplant, das aus 3-5 tiefen Bohrlöchern besteht, die jeweils 1.000-1.500 Meter lang sind.
Darüber hinaus hat Prismo ein Update zu ihrem Silversprojekt Palos Verdes in Sinaloa, Mexiko, bereitgestellt, wo die Bohrungen im Gange sind, jedoch langsamer als ursprünglich erwartet vorangehen.
- AI study confirms and supports the company's exploration plan at Hot Breccia project
- Identification of a large potential sulfide mineralization body (1,100 x 1,150 meters)
- $3.0 million budget allocated for a 5,000-metre drilling program at Hot Breccia
- Historical high-grade copper intersections support the potential for a large mineralized system
- Slower than anticipated ramp-up of drilling at the Palos Verdes silver project
VANCOUVER, BC / ACCESSWIRE / October 15, 2024 / Prismo Metals Inc. (the "Company") (CSE:PRIZ)(OTCQB:PMOMF) is pleased to announce that it has received the results of the artificial intelligence ("AI") study at the Hot Breccia project in Southern Arizona undertaken by Exploration Technologies Inc. ("ExploreTech") of California, USA.
The AI study results provide support for the Company's exploration plan at the project, identifying the most likely location for a large body of sulfide mineralization as the same general area as the historic drilling and the dike swarm with xenoliths of Cu-bearing skarn as well as the conductive anomaly from the 2023 ZTEM survey. The postulated sulfide mineralization measures 1,100 meters by 1,150 meters (Figure. 1).
Steve Robertson, President of Prismo Metals, stated "This study complements nicely historical information from the mid to late 1970's, including drill and geophysical data generated by a Rio Tinto subsidiary and by Phelps Dodge Corp (now Freeport McMoRan). Their drilling intersected high-grade copper mineralization in several holes at depths ranging from 640 to 830 meters below the surface. We believe those intercepts cut the periphery of the upper portion of a large mineralized system as interpreted from our surface geological data and reflected in the results of our ZTEM survey, and now the AI study."
ExploreTech's computer simulations have identified a large exploration target defined by the overlap of the numerous geological models. The study supports Prismo's model for mineralization and conforms with several key features, including (i) the presence of high-grade skarn mineralization at relatively shallow depths in historic drill holes, (ii) the presence of two areas where copper skarn fragments are present as xenoliths in quartz diorite dikes, and (iii) the location of a deeper IP anomaly in the historic information.
A drill hole optimization routine has identified several sets of potential exploration drill holes to test the greatest number of the models and has picked several important drill sites including in the area of historic holes OC-1, OCC-7 and OCC-8 as well as one kilometer to the west at historic hole OC-2. The Company is in the process of finalizing the drill hole selection.
Tyler Hall, PhD, Co-Founder and President of ExploreTech, stated: "ExploreTech is very pleased with the results of the AI-assisted drill optimization study at Hot Breccia. ExploreTech's xFlare technology combined Prismo's traditional science based geological and geophysical approach with cloud computing, and successfully simulated thousands of geological models which match the geophysics data and geological hypothesis. Thousands of candidate drillholes were simulated and then ranked based on the quantity and quality of geological information provided.
Historical drill holes cut high grade skarn mineralization including 23 meters with
The Company has budgeted
Update on Palos Verdes
The drill program at the Company's Palos Verdes silver project located in Sinaloa, Mexico is ongoing. "Our team in Mexico is on the first drill hole (PV 24-34) with ramp-up slower than anticipated," said Alain Lambert, CEO of Prismo. He added: "Our drillers started the program drilling one shift per day. We expect to be able to drill around the clock shortly."
The planned length of the first hole is 250 meters out of a total expected 1,250 meters in the first phase of the program now underway. The goal of the first phase of drilling is designed to explore the vein system to the west of the fault below the zone of bonanza grade intercepts from the previous campaigns. The first hole is designed to cut both the Palos Verdes vein as well as the high-grade gold-silver vein about 50 meters downdip from the previous intersections. Assays reported from last year's drilling include hole PV-23-25 with 102 g/t gold, 3,100 g/t silver and
Notes:
Barrett, Larry Frank (1972): Igneous Intrusions and Associated Mineralization in the Saddle Mountain Mining District Pinal County, Arizona. Unpublished Master's Thesis, University of Utah.
Barrett, Larry Frank (1974): Diamond drill hole OC-1, O'Carroll Canyon, Pinal County, Arizona, unpublished internal report, Bear Creek Mining.
About Hot Breccia
The Hot Breccia property consists of 1,420 hectares in 227 contiguous mining claims located in the world class Arizona Copper Belt between several very well understood world-class copper mines including Morenci, Ray and Resolution (Figure 3). Hot Breccia shows many features in common with these neighboring systems, most prominently a swarm of porphyry dikes and series of breccia pipes containing numerous fragments of well copper-mineralized rocks mixed with fragments of volcanic and sedimentary derived from considerable depth. Prismo performed a ZTEM survey last year that identified a very large conductive anomaly directly beneath the breccia outcrops.
Sampling at the project has shown the presence of copper mineralization associated with polylithic breccia pipes that transported fragments of strongly mineralized carbonate rocks to the surface from depths believed to be 400-1,000 meters. Drilling deep holes is necessary to tap into the source of these mineralized fragments found at surface.
Assay results from historic drill holes are unverified as the core has been destroyed, but information has been gathered from memos, photos and drill logs that contain some, but not all, of the assay results and descriptions. Technical information from adjacent or nearby properties does not mean nor does it imply that Prismo will obtain similar results from its own properties.
Data on previous drilling and geophysics is historical in nature and has not been verified, is not compliant with NI 43-101 standards and should not be relied upon; the Company is using the information only as a guide to aid in exploration planning.
QA/QC
Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-101 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release.
About Prismo Metals Inc.
Prismo (CSE:PRIZ) is mining exploration company focused on two precious metal projects in Mexico (Palos Verdes and Los Pavitos) and a copper project in Arizona (Hot Breccia).
Please follow @PrismoMetals on Twitter, Facebook, LinkedIn, Instagram, and YouTube
Prismo Metals Inc.
1100 - 1111 Melville St., Vancouver, British Columbia V6E 3V6
Contact:
Alain Lambert, Chief Executive Officer alambert@cpvcgroup.ca
Steve Robertson, President steve.robertson@prismometals.com
Jason Frame, Manager of Communications jason.frame@prismometals.com
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Hot Breccia.
These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: delays in obtaining or failure to obtain appropriate funding to finance the exploration program at Hot Breccia.
In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the ability to raise capital to fund the drilling campaign at Hot Breccia and the timing of such drilling campaign.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
SOURCE: Prismo Metals Inc.
View the original press release on accesswire.com
FAQ
What did the AI study reveal about Prismo Metals' Hot Breccia project?
How much has Prismo Metals (PMOMF) budgeted for drilling at Hot Breccia?
What is the current status of Prismo Metals' (PMOMF) Palos Verdes silver project?
What were the historical drilling results at Prismo Metals' Hot Breccia project?
