Prismo Metals Inc. announced that it has received formal permit approval from the U.S. Forest Service to proceed with its fully funded drill program at the Company's historic Silver King Mine project located in Arizona's prolific Copper Belt. The approved permit authorizes drilling from multiple drill pads in the area of the historic mine designed to test the upper part of the Silver King mineralized body that was mined on nine levels over about 300 meters depth. Additional high-priority targets identified through recent exploration work can also be tested with some of the planned drill locations.

Testing of other targets on private ground is being considered. Mobilization on site is scheduled for February 20th followed by preparatory site work and access improvements followed by drilling. Phase 1 Drill Program Highlights: Fully funded program.

1,000 meters of diamond drilling to test the upper portion of the steeply plunging, pipe-like Silver King mineralized body. Mobilization to Silver King Project scheduled for February 20th, 2026. Additional drilling to test lower down in the mineralized structure and mineralized areas adjacent to the historic mine may also be completed.

Drilling will initially focus on testing the upper portion of the steepLY west-dipping pipelike stockwork and breccia zone that historically produced high-grade silver and base metals, as well as targets adjacent to and beneath historic workings. Initial drilling is estimated at 1000 meters in nine holes. A second phase of drilling will be dedicated to testing at deeper levels and areas adjacent to the historic mine.

Drilling Contractor Engagement. Prismo has engaged Godbe Drilling LLC to conduct this Phase 1 drilling program. Godbe Drilling LLC is a Colorado-based family-owned diamond core drilling and mineral exploration business with extensive operating experience in the southwestern United States, including Arizona.

Silver King Project Overview. The Silver King mine was discovered in 1875 and is one of Arizona's most significant historic silver producers, with nearly six million ounces of silver produced at average grades ranging from approximately 61 to 21 ounces per ton during early production. Limited small-scale mining in the late 1990s yielded samples with exceptionally high silver and associated gold values, suggesting that high-grade mineralization remains within the system.

The project is located within the same geological framework as other world-class deposits in the Arizona Copper Belt, and its proximity to active mining operations enhances its strategic significance.