Hot Breccia Project Updated Exploration Model

VANCOUVER - Steve Robertson, President of Prismo Metals Inc. said, “The results of the geophysical survey when taken in conjunction with the historical exploration data and the AI study provide a compelling exploration model for the Hot Breccia project in Southern Arizona. The data sets complement each other nicely and combine to form a model that is typical of porphyry copper deposits. The additional supportive context of the similarity of Hot Breccia’s geologic setting, with the geologic setting at the Resolution deposit, culminates in this being an exciting and high priority exploration target.”

The geophysical inversions show a large conductive body and a coincident magnetic low, surrounded by several magnetic highs. Prismo believes that these features can be caused by alteration and metal deposited by the hydrothermal fluids introduced by the multiphase intrusives and they are aligned in a geometry typical of porphyry copper deposits. The magnetic highs appear to be aligned in a northeastern orientation that corresponds to the trend of the surface expression of dike swarms.