As with many other companies, the internal focus at Prismo Metals (CSE: PRIZ, FRA: 7KU, WKN: A2QEGD) is also increasingly shifting to 2026 these days. The company is very excited and optimistic about this, as a new drilling program is scheduled to start as early as January. It is fully funded and will help shift Prismo Metals’ focus from “how” to “how big.”
The financing of the planned program was successfully completed in recent weeks. The funds received have arrived in the bank account and are ready, while the approval process has entered its final phase. This means that a soon drilling start on the Silver King project is getting closer and closer.
The planned drilling program will initially focus on the historical ore body. It is still open at depth, as the historical drillings ended in the area of 300 meters. Although today nobody really knows why the previous owners stopped their drilling activities at this level. The available indications clearly indicate that the drilling was stopped too early because the ore body continues to extend to the depth.
For Prismo Metals, the failures of the past are today the opportunities of the future, because the team around the chief geologist, Dr. Craig Gibson, sees the possibility of significantly expanding the known ore body with new drillings. Prismo Metals will therefore first investigate whether the upper part of the ore body was actually completely extracted during the historical mining operation.
Prismo Metals will explore the depth potential on Silver King for the first time
There are currently good reasons to assume that this has not happened. This could possibly mean that a still significant part of the ore body was overlooked and is therefore still available for mining today. In a second step, the question then arises as to whether the ore body continues to extend to the depth.
Since drilling has not yet taken place below 300 meters, the question of whether the ore body continues to extend to the depth is currently still officially regarded as unresolved. Internally, however, Prismo’s geologists already assume that mineralized ore bodies will also be encountered at greater depths. The crucial question is therefore no longer whether the ore body continues to extend to the depth, but “only” how deep and what ore concentrations are encountered here.
At first glance, this fine nuance in the fundamental question may seem small and insignificant. However, it is not, because expanding an existing ore body that continues to extend to the depth is much easier and therefore less risky than discovering a completely new deposit on a green, unknown field. Prismo Metals therefore has a very hot iron in the fire at this point.
The copper and gold targets on Black Diamond are increasingly coming into focus
A second hot iron that is also suitable for forging is the recent gold and copper finds on Black Diamond. Because these finds are currently the only known ore body that has been encountered parallel to the historical Silver King Mine and that corresponds in its geological form and composition to the ore body of the historical mine.
This detail is by no means insignificant, because it is known that the historical mine, founded in 1917, followed several high-grade silver, lead, zinc and copper deposits in the form of veins. Unfortunately, not much substantial is known about the historical mining activities. But it is known that the finds must have been considerable if they were subsequently followed in the form of a regular mining operation. A shaft discovered on the site, which has filled with water over the years, clearly points to a pronounced mining operation.
The coming year therefore promises to be a particularly exciting one for Prismo Metals. This tension is supported by rising prices for gold, silver and also copper. This creates the explosive mixture that in the coming twelve months can lead to a considerable increase not only in precious metal and metal prices, but also to a fundamental revaluation of the entire mining sector.
