Thousands of Potential Drill Holes Analyzed
While drilling is already underway on Prismo Metals (WKN A2QEGD / CSE PRIZ) silver project Palos Verdes in collaboration with major shareholder Vizsla Silver, CEO Alain Lambert’s company is still working on plans to explore the promising Hot Breccia copper project. A recently published AI study now supports the company’s previous hypotheses.
As Prismo reports, the results of a study conducted by Exploration Technologies using Artificial Intelligence on the project in southern Arizona are now available. These confirm that the most likely location for a large sulfide ore body is in the same area as historical drilling, a vein swarm with xenoliths of copper-bearing skarn, and the conductive anomaly from the 2023 ZTEM survey. According to the AI study, the suspected sulfide mineralization covers an area of 1,000 by 1,150 meters.
Steve Robertson, President of Prismo Metals, points out that the historical drilling and geophysical data, with which the ore body postulated by the AI strongly agrees, were conducted in the mid to late 1970s by a Rio Tinto subsidiary and a predecessor company of Freeport McMoRan. Several boreholes drilled at that time encountered high-grade copper mineralization at depths of 640 to 830 meters below the surface, Robertson continues. These included 23 m with 0.54% Cu at a depth of 640 m (hole OC-1), 18 m with 1.4% Cu and 4.65% Zn at a depth of 830 m (hole OCC-7), as well as 7.6 m with 1.73% Cu and 0.11% Zn at 703 m and 4.6 m with 1.4% Cu and 0.88% Zn at 716 m depth (OCC-8).
At Prismo, it is believed that these mineralized sections intersected the edge of the upper part of a large mineralization system, whose occurrence has been interpreted based on geological data obtained from the surface, the results of the ZTEM survey, and now the AI study.
Potential Drill Hole Locations Identified
Explore Technologies has also identified several sets of potential exploration drill holes using a drill hole optimization routine to test the largest number of models, and has selected several priority drilling locations, including in the area of historical drill holes OC-1, OCC-7 and OCC-8, as well as one kilometer further west near the historical drill hole OC-2. Prismo Metals is currently selecting which drill holes to tackle first.
Dr. Tyler Hall, PhD, President of ExploreTech, explained that using the company’s proprietary xFlare technology and incorporating the company’s data, they successfully evaluated thousands of geological models that matched the geophysical data and geological assumption. Thousands of potential drill holes were simulated and then ranked based on the quantity and quality of available geological information.
5,000 Meters of Drilling Planned
Prismo Metals plans to drill three to five holes totaling 5,000 meters into the suspected system. The cost for this exciting program is estimated at $3 million. Each drill hole is intended to be drilled through the entire promising Paleozoic carbonate stratigraphy into the postulated porphyry body/breccia zone, with the company targeting between 1,000 and 1,500 meters per drill hole. The exploration team will use the geological data obtained from each drill hole to improve the targeting of subsequent drilling.
Update on Palos Verdes
As mentioned above, drilling is progressing on Prismo’s Palos Verdes silver project in Mexico. Currently, drilling is being conducted in one shift per day, but Prismo CEO Alain Lambert expects the drills to be running around the clock soon. More information on the planned drilling, which the company is conducting from the adjacent Vizsla Silver project, can be found here: Prismo Metals – Silver Drilling with Partner Vizsla Underway!