Intersection Of High-Grade Mineralization At Palos Verdes

VANCOUVER - Prismo Metals Inc. reported on seven drill holes targeting the Palos Verdes vein on the property of the same name located in the Panuco district in Mexico. PV-23-25 hole intersected 11,520 g/t Ag equivalent over 0.5 meters (3,100 g/t Ag, 102 g/t Au and 0.26% Zn). This intercept is part of a wider mineralized interval with 4,311 g/t Ag equivalent over 1.35 meters (1157 g/t Ag, 38 g/t Au and 0.1% Zn). A second interval higher in the hole yielded 512 g/t Ag equivalent over 0.3 meter (384 g/t Ag, 1.36 g/t Au and 0.27% Zn).

Hole PV-23-24 intercepted 1,234 g/t g/t Ag equivalent over 0.7 meter (60 g/t Ag, 11.9 g/t Au and 3.9% Zn). This interval is within a wider 2.6-meter interval with 384 g/t Ag equivalent (32 g/t Ag, 3.3 g/t Au and 1.57% Zn). A second interval higher in the hole yielded 302 g/t Ag equivalent over 1.2. meters (95 g/t Ag, 1.84 g/t Au and 1.2% Zn).

The PV-23-20 hole intercepted 189 g/t g/t Ag equivalent over 0.9 meters (58 g/t Ag and 1.58 g/t Au) and is the first mineralized intercept in the northeastern portion of the concession.

The Company is conducting a 2,500-meter drill program at the property, which is contiguous to the Panuco silver-gold project of Vizsla Silver Corp. The Palos Verdes vein originates on Vizsla's concession to the south-west of the Palos Verdes concession and has 750 meter of strike length on Prismo's ground.

"We are excited to report these high-grade mineralization intercepts at Palos Verdes. What makes these results even more significant is that they come from drill sites that were not previously accessible for drilling," said Dr. Craig Gibson, President and CEO. "Previous drilling in the southwest portion of the vein had intersected high grade mineralization with the best intercept of 2,336 g/t Ag and 8.42 g.t Au over a true width estimated at 0.8 meters within a larger mineralized interval with 1,098 g/t Ag and 3.75 g/t Au over a true width of 2.3 meters."

Gibson added, "Holes 24 and 25 were drilled underneath the body of mineralized vein defined by our previous drill campaigns and have further extended the zone of high-grade mineralization. Holes drilled near the northeastern limit of the concession and vein outcrop seem to confirm the interpretation that this area has been down-dropped along the northwesterly striking fault zone that crosses the center of the Palos Verdes concession, and provides information that will allow targeting by deeper drilling."