In the new investor update from Prismo Metals, CEO Alain Lambert and Chief Exploration Officer Dr. Craig Gibson discussed the launch of the Phase 1 drilling campaign at the historic Silver King silver mine in Arizona. The webinar, held from Tucson and on-site at the Silver King Mine, provided exciting insights into progress and potential.
Historic High Grades and Current Drilling Program
Silver King, located near Superior and in production since 1875, yielded approximately 6 million ounces of silver with initial grades of 60 oz/t (approx. 2,100 g/t), later 18 oz/t. Samples from the 1990s showed up to 600 oz/t – high grades still relevant today.
Phase 1 involves 1,000 meters of drilling to test the upper, steeply dipping ore body. Initial holes are underway; completion is expected in 3–4 weeks, with assays anticipated in two months. The focus is on unexplored areas adjacent to the historic mine. Surrounded by Resolution Copper (Rio Tinto/BHP) and Ivanhoe Electric, Silver King benefits from its proximity to the Magma Mine – once silver, later high-grade copper.
Hot Breccia and Outlook
In the update, Hot Breccia was highlighted: Prismo is transferring the porphyry copper target to Blade Resources (completion March 2026). In exchange: 24% Blade shares plus cash – ideal in the copper boom.
Phase 2 planning will follow the Silver King results, with a focus on depth. CEO Lambert remains bullish on silver (new highs expected) and copper. Prismo is strongly positioned – don’t miss the updates.
