Prismo Metals Inc. reported results from seven drill holes targeting the Palos Verdes vein on the property of the same name located in the Panuco district in Mexico. This hole intercepted 189 g/t g/t Ag equivalent over 0.9 meters (58 g/t Ag and 1.58 g/t Au) and is the first mineralized intercept in the northeastern portion of the concession. The Company is conducting a 2,500-meter drill program at the property, which is contiguous to the Panuco silver-gold project of Vizsla Silver Corp.

The Palos Verdes vein originates on Vizsla's concession to the south-west of the Palos Verdes concession and has 750 meter of strike length on Prismo's ground. The Company started the current drill program at the northeastern portion of the surface exposure of the Palos Verdes vein where it is believed that the mineralization has been offset downward. The first holes also target hangingwall splits off of the main vein.

In general, precious metal values are low but anomalous in this area, probably due to the high structural level of the drill intercepts. However, hole PV- 23-20 intersected 189 g/t over 0.91 meters in one of the hangingwall splits. This drilling provides important information on the vein orientations that will aid drilling at a deeper level where metals values are expected to be higher.

The veining with the high-grade intercept in hole PV-25 was cut at a shallower depth than programmed, and the vein may have been affected by the northwest trending fault or may be part of a separate shallowly dipping vein. Further drilling is planned to offset this intercept and determine the orientation of the vein. Several additional holes are planned to explore the gap in drilling along the southwester portion of the Palos Verdes vein between 13 and 15.