Prismo Metals Inc. announced results from its ongoing exploration program at Los Pavitos, a 100% owned 5,300 ha Project in the well-mineralized Alamos region of southern Sonora State, Mexico. Exploration work reported here includes drilling of 4 new zones in an area of 1.5 by 3 km. Combined with earlier reported work, positive results have been obtained from Las Auras, Santa Cruz, Santa Cruz Southeast, La Espanola and Oromuri structures in the northern half of the property.

The southern half of the property will be explored in 2024 with pioneering drilling throughout the property. The 2023 exploration program included geologic mapping, sampling and drilling designed to determine the overall mineralization style(s) and geometry of structures in the northern half of the project. This included the first ever drilling at Pavitos.

Prismo drilled 2,370 meters of HQ core in 25 relatively shallow (max 171 m) holes into 7 mineralized structures up to 1.5 km long. The final eight holes of the 2023 program are reported here. These tested four widely-spaced structures distant from areas of previously reported strong gold drill results and areas of historical artisanal mining.

The best results (2.6 g/t Gold over 0.5m and 1.18 g/t Gold over 0.5m) come from shallow (<120m) holes in the Las Auras and Oromuri structures and clearly indicate that the northwest corner of the claim has significant potential for more widespread mineralization and warrants further drilling. Additionally, a new zone with several structures was identified and sampled in the previously unexplored northeastern portion of the project area. Surface sampling along the northeastern projection of the gold and silver-rich Santa Cruz structure (See Press Releases of October 17th and December 5th, 2023) yielded the highest silver assay from the project to date: 1,130 g/t Ag, with 1.33 g/t Au over 0.15 meter.

Other results from this new work area include numerous samples reporting anomalous gold and the pathfinder elements arsenic and bismuth (As and Bi). None of these structures have yet been drilled and remain priority drilling targets. 2023 Pavitos Mapping and Sampling Program: To date less than half of the property has been systematically mapped and sampled, but already 5 structures traced over 0.5 to 1.5 km each have been identified along with several smaller structures, and have been shallowly drilled with positive results.

There are now approximately 1,500 outcrop chip samples and 25 trenches totalling 698 meters in length have been dug with about 350 samples. Reconnaissance work outside the area that has been systematically explored has identified several areas with anomalous gold values and appreciable pathfinder elements values or with the presence of metals associated with the mineralization at the project, areas where exploration will be continued. The exploration program has been successful with overall results that fit the mineralization model, but detailed mapping and sampling have shown that there are additional key features than at first appeared, providing expanded potential for discovery.