Prismo Metals Inc. is pleased to announce a non-brokered private placement for gross proceeds of up to $2 million from the sale of units of the Company at a price of C$0.30 per Unit. Red Cloud Securities Inc. is acting as a finder in connection with the Offering. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to [...]
Prismo Metals Inc. is pleased to announce that it has filed on SEDAR a NI 43-101 Technical Report for its Los Pavitos Gold-Silver Project in southern Sonora, Mexico. Los Pavitos is a single 5,289 hectare concession that lies 25 km west of the well-mineralized Alamos District, which encompasses several active exploration and mining projects, including the Alamo Dorado mine of Pan American Silver, the Piedras Verdes mine of [...]
Prismo Metals Inc. is pleased to provide results from its initial five hole, 573m shallow-level diamond drilling program carried out on its 100% owned Palos Verdes project, located in the famous Panuco-Copala Mining District in Concordia Municipality of Sinaloa. The program was designed to test the nature and continuity of mineralization below and lateral to historic shallower-level reconnaissance drilling (See Press [...]
Prismo Metals Inc. is pleased to provide an update of the drilling program underway at its Palos Verdes project, located in Concordia Municipality, Sinaloa, Mexico. The Company has completed its 2020 drilling campaign with four holes totaling 436.8 metres of a planned 500-metre program. Three holes focused on testing the Palos Verdes vein lateral to, and below, the 8.4 g/t Au and 2,336 g/t Ag, over 0.8m true width drilled [...]
Prismo Metals Inc. is pleased to announce that it has entered into an option agreement to acquire the remaining 25% interest that it does not already control in the Palos Verdes project, located in the Concordia Municipality of the state of Sinaloa. The Option Agreement gives the Company control of 100% of the concession that makes up the project. Under the terms of the Option Agreement, the Company will pay the optionor [...]
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