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Wednesday, May 31, 2023
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.


Los Pavitos project LiDAR data shows promise for Prismo

Prismo is junior mining company focused on precious metal exploration in Mexico.

Los Pavitos
Photo by Scottsdale Mint on Unsplash

Prismo Metals (CSE:PRIZ) received the data from a LiDAR survey at its Los Pavitos project in Sonora state, Mexico.

Preliminary interpretation of the topographic images is ongoing but several structural features and small mine workings are available in the data, which will help to indicate the presence of major mineralized structures at the project. The data analysis to date has found several areas with small prospect pits that haven’t yet been visited or sampled.

“While our analysis of the LiDAR data has not yet been completed, we are delighted with the results to date. Structural features and small mine workings are clearly visible in the data, and we feel that it will greatly aid in the delineation of important structural trends as part of the process to identify drill targets for a drilling campaign planned in late 2022,” said Dr Craig Gibson, president and CEO of the company.

Prismo is junior mining company focused on precious metal exploration in Mexico. Los Pavitos is an exploration project found in the Alamos area of Sonora State, Mexico. It has one concession, the Los Pavitos Reduccion, which covers 5,289 hectares and is located between Navajoa and Alamos at the seventeen kilometer marker. The main mineralized area is about six kilometers north of a paved highway and reachable via unmaintained dirt roads. Several interior concessions owned by third parties also display mineralization within the boundaries of the concession.

Enlarged views of the central portion of the concession show features visible in the LiDAR data, which includes small mine workings and trenches across the Santa Cruz structural zone.

Three trends of mineralization have been recognized through what limited prior exploration. Two trends, specifically the NE Santa Cruz trend and the NEW Las Auras trend, connect in an area of small mines and prospects on the internal concessions and extend onto the Los Pavitos concession. The NE Omuri trend runs parallel to the Santa Cruz trend for about two kilometers to the northwest of the interaction of the other trends.

Prismo has also announced that its 2,000 meter drill program at the Palos Verdes project in Sinaloa, Mexico is going according to plan, with its full set of holes in the ground. The Palos Verdes property is connected to the Panuco silver-gold project owned by Vizsla Silver (TSXV:VZLA), and the campaign is expected to run for two months.

According to a press release, a previous shallow drilling has found high grade mineralization with the best intercept of 2,336 g/t Ag and 8.42 g.t Au over a true width estimated at 0.8 meters within a larger mineralized interval with 1,098 g/t Ag and 3.75 g/t Au over a true width of 2.3 meters.

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