Prismo Metals to Host Webinar on February 26th, 2026
Executive Summary
The announcement follows several positive developments for the company, including formal permit approval from the U.S. Forest Service on February 12th to proceed with the fully funded drill program. The company has engaged Colorado-based Godbe Drilling LLC, a family-owned diamond core drilling specialist with extensive southwestern U.S. experience, to conduct the Phase 1 drilling campaign. Additionally, Prismo has completed a $147,500 financing as previously announced on January 16th, providing the necessary capital to advance the project.
The Silver King mine represents a significant historical asset with substantial exploration upside potential. Discovered in 1875, the mine produced nearly 6 million ounces of silver at grades up to 61 oz/t, with selected samples from 1990s small-scale production returning exceptional grades as high as 644 oz/t silver and 0.53 oz/t gold. The presence of freibergite indicates potential for antimony, a critical mineral experiencing growing strategic demand. The property's strategic location just 3 kilometers from Rio Tinto and BHP's Resolution Copper project, one of the world's largest unmined copper deposits, adds considerable value to the asset.
The upcoming drill program marks the first significant modern exploration effort at Silver King, which has seen virtually no contemporary exploration work despite its rich production history. With multiple drill targets identified and the mine's upper levels potentially containing unmined high-grade mineralization, the program could unlock substantial value for shareholders. The company's proactive investor communication strategy, including recent management interviews and the upcoming webinar, demonstrates commitment to transparency as they advance this promising Arizona silver project.
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