Northwire Canada EditionWednesday, August 5, 2026
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LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7% LTH 0.470 −7.8% APN 0.020 +0.0% ARTG 35.10 +4.3% STND 0.075 −11.8% AAZ 0.040 +14.3% LIFT 3.33 +0.6% LIB 0.810 +1.2% PEMC 0.050 +11.1% ELE 23.49 +7.5% AMCO 0.210 +2.4% TGOL 0.115 +9.5% SSRM 37.45 +4.5% SALT 1.51 +9.4% MON 0.650 +12.1% AZS 0.610 +28.4% NIO 0.140 +7.7%
Drill Results

Prismo Metals Announces Assay & IP Survey Results at Silver King

By The Northwire Desk — AI Analysis Jan 07, 2026 · 03:30 PRIZ · 0.12 Prismo Metals Inc.
PRIZ · Price

Executive Summary

  • Final assay results from the Crown porphyry target at Silver King show high‑grade silver (up to 177 g/t Ag) and notable gold, copper and base‑metal values, confirming a new high‑priority drill target.
  • A pole‑dipole IP survey completed in Dec 2025 identified strong chargeability and low‑resistivity anomalies associated with the Crown porphyry and Black Diamond replacement bodies, supporting the exploration thesis.
  • Management reaffirmed its fully funded 2,000 m drill program focused on the historic Silver King mine area and reported progress on permitting with Forest Service approval for a categorical exclusion.

Key Details

  • Assay Highlights (Crown Porphyry):
  • Sample 544561 – 2 m width: 0.02 g/t Au, 177 g/t Ag, 0.07 % Cu, 0.37 % Pb, 0.02 % Zn.
  • Sample 544563 – 0.5 m width: 0.03 g/t Au, 176 g/t Ag, 0 % Cu, 0.09 % Pb, 0.01 % Zn.
  • Sample 544591* – 1 m width: 5.19 g/t Au, 46.44 g/t Ag, 0.05 % Cu, 0.21 % Pb, 0.06 % Zn.

  • Sample 544592* – 1 m width: 4.06 g/t Au, 13.97 g/t Ag, 0.02 % Cu, 0.10 % Pb, 0.07 % Zn.

  • Previous high‑grade gold assays reported on Dec 3 2025 for the stockwork intrusion are reinforced by these new silver results.

  • IP Survey (Dec 2025):

  • Detected a large low‑resistivity anomaly at the contact of the Silver King diorite porphyry.

  • Additional low‑resistivity and chargeability anomalies linked to Crown porphyry and Black Diamond replacement bodies, extending from shallow levels to ~300 m depth.

  • Drilling Program:

  • Fully funded 2,000 m drill campaign targeting the historic Silver King mine zone and adjacent steeply dipping mineralized pipe.

  • Objective: test upper half of the pipe and potential mineralization near dense stockwork zones.

  • Permitting Update:

  • Forest Service confirmed that the proposed drill plan meets regulatory requirements (36 CFR 228.4(c)).

  • Environmental analysis proceeding as a Categorical Exclusion under NEPA, indicating minimal expected impact.

  • QA/QC: Samples processed by SGS (Tempe, AZ prep; Burnaby lab analysis) with standard control samples inserted throughout the workflow.

  • Qualified Person: Dr. Craig Gibson, PhD., CPG – Chief Exploration Officer and director – reviewed and approved all technical disclosures.

Notable Quotes

  • “The results announced today confirm the vast exploration potential at Silver King… our immediate priority is to undertake our fully funded drill program.” – Alain Lambert, CEO
  • “These additional assay results along with the IP survey information continue to enhance and support our exploration thesis of the Silver King mine…” – Gordon Aldcorn, President
Read the original news release →

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