Prismo hires Windfall to analyze data at Hot Breccia

Executive Summary

• Prismo Metals Inc. has engaged Windfall Geotek Inc. to apply its proprietary AI system to integrate and analyze geophysical, topography, and drill hole data at the Hot Breccia copper project in Arizona.
• The engagement aims to identify high-probability exploration targets to support a planned drilling program of at least 5,000 meters.
• Results from the Windfall Geotek study are expected by the beginning of September, with the goal of facilitating discussions with potential strategic partners.

Key Details

• Engagement: Prismo Metals engaged Windfall Geotek Inc. (Montreal-based AI and mining technology services) to analyze data at the Hot Breccia project.
• Data Analysis Scope: The Windfall AI system will integrate geophysical data, topography data, and drill hole data to produce exploration targets using machine learning and pattern recognition algorithms.
• Drilling Plan: The company aims to conduct a minimum of 5,000 metres of drilling at the Hot Breccia project.
• Timeline: Results from the Windfall Geotek study are expected to be received by the beginning of September.
• Strategic Context: The data analysis supports ongoing discussions with potential strategic partners present in or wanting to gain a foothold in the Arizona copper district.
• Historical Drilling Data (Unverified):
  • Historical drilling in the mid-to-late 1970s by a Rio Tinto subsidiary intersected high-grade copper mineralization at depths of 640 to 830 metres.
  • Hole OC-1: 23 metres at 0.54% Cu at 640 metres depth.
  • Hole OCC-7: 18 metres at 1.4% Cu and 4.65% Zn at 830 metres depth.
  • Hole OCC-8: 7.6 metres at 1.73% Cu and 0.11% Zn at 703 metres depth; 4.6 metres at 1.4% Cu and 0.88% Zn at 716 metres depth.
• Geological Setting:
  • Mineralization occurs within a several hundred-metre-thick altered zone hosted in Paleozoic carbonate rocks underlying Cretaceous andesitic volcanic rocks.
  • The project is located in the Arizona copper belt, between world-class mines including Christmas, Morenci, Ray, and Resolution.
  • Features include a swarm of porphyry dikes and breccia pipes containing fragments of copper-mineralized rocks.
  • A ZTEM survey identified a large conductive anomaly directly beneath breccia outcrops.
  • Historic drilling intersected a blind mineralized intrusion associated with skarn mineralization, considered an immediate drill target.
• Disclaimer: Historical assay results are unverified as core has been destroyed; data is not compliant with NI 43-101 standards and is used only as a guide for exploration planning.

Notable Quotes

• Dr. Craig Gibson, Chief Exploration Officer: "The Hot Breccia project should be an ideal place to apply the Windfall AI system. It lies in the world-famous Arizona copper belt, between several very well-understood world-class copper mines including Christmas, Morenci, Ray and Resolution."
• Gord Aldcorn, President: "Prismo remains committed to advancing its Hot Breccia copper project... The engagement of Windfall Geotek is consistent with that commitment. Their work will provide valuable information as we continue to hold discussions with potential strategic partners present in the district or wanting to gain a foothold in the district. The goal remains to conduct a minimum of 5,000 metres of drilling."