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Dear Jason,
We hope you have had a productive start to the new year. In this monthly update, we want to share our latest progress and express our gratitude for your ongoing support
This month, we attended the Vancouver Resource Investment Conference and Americas Mining and Energy Roundup, where we had the opportunity to meet investors, colleagues, and participate in interviews with INN CEO Insights and Red Cloud TV. Please scroll down to view the interview videos and photos from our participation.
In 2023, we made significant advances in our exploration efforts at Palos Verdes, Los Pavitos, and Hot Breccia and we are optimistic about bringing further exciting news this year. Here are updates on our three exploration projects:
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At Los Pavitos, we discovered high-grade gold at the Santa Cruz and Auras targets and silver at the Southest Santa Cruz target, and intend to continue exploration including possible drone and ground geophysics at the project in 2024. Only approximately 30% of the prospective land package at Los Pavitos has been adequately mapped and sampled to date.
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The completed 2,923-meter drilling program at Palos Verdes yielded bonanza-grade intervals and the highest assay from drilling to date. Final results are being interpreted, and in collaboration with our strategic investor and partner, Vizsla Silver (TSXV: VZLA), we are expanding the program to explore the Palos Verdes Vein at depth.
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At Hot Breccia, we are advancing the permitting process and interpreting ZTEM geophysical survey data, using the data to identify high-potential drilling targets. Preliminary work was conducted last year and is currently in the final stages, and we look forward to initiating drilling upon receiving permits.
We anticipate providing additional updates soon, including more drilling results from Palos Verdes and Los Pavitos, and the final interpreted ZTEM survey results from Hot Breccia. Your continued patience and support is sincerely appreciated.
Warm regards,
Dr. Craig Gibson
CEO of Prismo Metals
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