Breaking
Dark Pool Bulls
Author

admin

Browsing
Politics

Federal judge blocks Voice of America mass terminations in scathing ruling against Lake

Politics 2 Mins Read

U.S. District Judge Royce Lamberth has blocked a new wave of terminations at Voice of America, offering harsh words for Kari Lake and saying the Trump administration’s conduct in his case would support civil contempt proceedings, if only the plaintiffs had asked.

In the 19-page ruling, Judge Lamberth halted the mass reduction in force at the U.S. Agency for Global Media (USAGM) and issued a warning that cuts would ‘cement’ VOA’s failure to meet legal obligations to provide reliable news.

Lamberth’s list of failures included statutory violations involving VOA shutting down mandated language services despite clear congressional directives.

He stated that VOA acknowledged its ‘radio presence’ had shrunk to a single 30-minute daily program in Dari and Pashto, leaving gaps in coverage for nations like North Korea and China.

Kari Lake was called out for admitting under oath that she hadn’t ‘given it a lot of thought’ whether Africa qualifies as a ‘significant region of the world’ under the law and confirmed VOA produces no programming for South America.

And Lamberth accused the Trump administration of misleading the court, going as far as to call it incredible to suggest the RIF was ‘uncertain’ while evidence showed it was already in motion.

The RIF notices covered both VOA and USAGM employees, and Lamberth rejected the government’s attempt to carve out non-VOA staff.

He accused Lake and her team of ‘thumbing their noses at Congress’s commands’ and showing ‘brazen disinterest’ in statutory duties — strong language worth including.

The contempt warning wasn’t just about tone; it was also tied to their failure to produce required documents about future RIFs, despite court orders.

Overall, the order keeps VOA’s workforce intact through Oct. 14, when Lake will be forced to work with her team to file a plan showing how they will restore the legally required programming.

The judge warned that their ‘disrespect’ for other rulings would have been enough to trigger a contempt trial.

‘Equity is allergic to rigidity,’ Lamberth wrote, pointing out the court’s power to stop executive overreach.

This post appeared first on FOX NEWS

Keep Reading
Investing

Goldgroup Mining: Advancing Three High-quality Assets in Mexico

Investing 2 Mins Read

Goldgroup Mining (TSXV:GGA, OTC:GGAZF) is a Canadian gold company advancing a portfolio of high-quality producing and development assets in Mexico. With 100 percent ownership of Cerro Prieto, Pinos and the newly acquired San Francisco mine, the company is positioned for disciplined, near-term production growth.

Goldgroup’s strategy is clear: optimize and expand production at its flagship Cerro Prieto mine, advance Pinos toward a production decision, and restart the large-scale San Francisco mine. Together, these projects target over 100,000 ounces of annual production, with additional upside from exploration, resource growth, and future acquisitions.

The company is led by an experienced team with deep expertise in developing and optimizing Mexican mines. Backed by strong financial support from the Calu Group and Luca Mining founders, Goldgroup benefits from a proven track record in value creation through mine development, operational turnarounds, and strategic M&A.

Company Highlights

  • Two operating or near-term production gold assets in Mexico, 100-percent-owned and fully permitted.
  • Cerro Prieto expansion completed, increasing from ~12,500 oz/year to 30,000+ oz/year during 2026 and beyond, including tailings re-processing.
  • Its second asset, Pinos, is a fully permitted high-grade underground development project with historical resources and +90 percent metallurgical recoveries.
  • San Francisco acquisition in progress, a past producer capable of ~40,000 oz/year with significant exploration upside.
  • Aggressive M&A strategy aimed at fast-tracking Goldgroup into the mid-tier producer category with advanced due diligence nearing completion. .
  • Backed by the Calu Group and the founders of Luca Mining, bringing extensive operational and financing expertise in Mexico.

This GoldGroup Mining profile is part of a paid investor education campaign.*

Click here to connect with GoldGroup Mining (TSXV:GGA) to receive an Investor Presentation

This post appeared first on investingnews.com

Keep Reading
Investing

Osisko Metals Announces $32.5 Million Private Placement with Strategic Investors

Investing 8 Mins Read

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES

Osisko Metals Incorporated (the ‘ Company ‘ or ‘ Osisko Metals ‘) (TSX: OM,OTC:OMZNF; OTCQX: OMZNF; FRANKFURT: OB51) is pleased to announce that it expects to complete a non-brokered private placement with certain strategic investors for an aggregate of approximately 67,666,666 common shares of the Company (the ‘ Common Shares ‘) at an offering price of $0.48 per Common Share for aggregate gross proceeds to the Company of approximately $32,480,000 (the ‘ Private Placement ‘).

The Private Placement is expected to include subscriptions from certain strategic investors, including:

  • Hudbay Minerals Inc. : 29,166,666 Common Shares for gross proceeds of $14,000,000;
  • Agnico Eagle Mines Limited : has indicated that it intends to subscribe for 26,000,000 Common Shares for gross proceeds of $12,480,000 pursuant to an existing participation right;
  • Franco-Nevada Corporation : 4,166,667 Common Shares for gross proceeds of $2,000,000; and
  • A strategic institutional investor : 8,333,333 Common Shares for gross proceeds of $4,000,000.

The size of the Private Placement will depend on, among other things, certain contractual participation rights granted by the Company to Glencore Canada Corporation (the ‘ Glencore Participation Right ‘).

Osisko Metals CEO Robert Wares commented: ‘ We are pleased to welcome Hudbay Minerals as a new significant shareholder of Osisko Metals. We also appreciate the continued participation of Agnico Eagle and two of our existing principal and strategic shareholders. We view the participation in the private placement by these investors as support for the potential of the Gaspé Copper project and we look forward to continued support from these shareholders as we advance our project. ‘

After giving effect to the Private Placement, but before giving effect to any other issuance of Common Shares (including pursuant to the Glencore Participation Right): (i) Hudbay Minerals Inc. (‘ Hudbay ‘) is expected to beneficially own or control 29,166,666 Common Shares, representing approximately 4.3% of the issued and outstanding Common Shares, calculated on a non-diluted basis; and (ii) Agnico Eagle Mines Limited (‘ Agnico ‘) is expected to beneficially own or control 87,815,000 Common Shares, representing an ownership interest in the Company equal to approximately 12.5% (calculated on a partially-diluted basis). As part of the Private Placement, the Company and Hudbay have agreed to enter into an investor rights agreement, pursuant to which Hudbay will be granted certain rights, including top-up rights and the right to participate in future offerings of securities of the Company upon Hudbay’s ownership interest increasing to 9.9% and, subject to certain minimum ownership thresholds and other conditions, the right to board representation.

The net proceeds of the Private Placement are expected to be used to advance the Company’s Gaspé Copper project (including drilling, permitting and technical studies) and for general corporate purposes. The Private Placement is expected to close on or about December 16, 2025, subject to the negotiation and execution of definitive agreements and the satisfaction of certain customary closing conditions therein, including the conditional approval of the Toronto Stock Exchange (the ‘ TSX ‘).

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act, or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Osisko Metals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in its flagship project, the past-producing Gaspé Copper mine, from Glencore Canada Corporation in July 2023. The Gaspé Copper project is located near Murdochville in Québec’s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of 824 Mt grading 0.34% CuEq and Inferred Mineral Resources of 670 Mt grading 0.38% CuEq (in compliance with NI 43-101). For more information, see Osisko Metals’ November 14, 2024 news release entitled ‘ Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper ‘. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP, through the Pine Point Mining Limited joint venture, to advance one of Canada’s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt at 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt at 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals’ June 25, 2024 news release entitled ‘Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq’ . The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure, with paved road access, an electrical substation and 100 kilometers of viable haul roads.

For further information on this news release, visit www.osiskometals.com or contact:

Don Njegovan, President
Email: info@osiskometals.com
Phone: (416) 500-4129

Cautionary Statement on Forward-Looking Information

This news release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as ‘expects’ or ‘does not expect’, ‘is expected’, ‘interpreted’, ‘management’s view’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘potential’, ‘feasibility’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains forward-looking information pertaining to, among other things: the ability for the Company to complete the Private Placement on the terms contemplated (if at all); the size of the Private Placement; the expected ownership interest of certain participants in the Private Placement; the negotiation and execution of definitive agreements in connection with the Private Placement; the exercise of the participation rights by Agnico and Glencore Canada Corporation; the closing date of the Private Placement; the ability for the Company to obtain the conditional and final approval of the TSX; the anticipated use of proceeds of the Private Placement; the ability for the Company to unlock the full potential of its assets and achieve success; the ability for the Company to create value for its shareholders; the advancement of the Pine Point project; the anticipated resource expansion of the Gaspé Copper system; and Gaspé Copper hosting the largest undeveloped copper resource in eastern North America.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: the ability of exploration results, including drilling, to accurately predict mineralization; errors in geological modelling; insufficient data; equity and debt capital markets; future spot prices of copper and zinc; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; and availability of mining equipment and positive relations with local communities and groups. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company’s public disclosure record on SEDAR+ ( www.sedarplus.ca ) under Osisko Metals’ issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Politics

DAVID MARCUS: Ben Sasse is dying, but his letter to America will live forever

Politics 4 Mins Read

As a writer, there are times when I read something and think, ‘Wow, that’s good, this cat has chops.’ Very rarely do I read something that’s new, that I didn’t know was possible. Ben Sasse, he just wrote one of those.

The former Republican senator from Nebraska was informing the nation that he has stage four cancer and is going to die soon.

‘Advanced pancreatic is nasty stuff; it’s a death sentence,’ he write. ‘But I already had a death sentence before last week too — we all do.’

It may seem trivial, or even cruel to ponder Sasse’s written words when we know the pain he and his family must feel, but it is not trivial to me, and never has been in the history of man.

Shakespeare called death the undiscovered country, but Sasse preferred to focus on what we know, writing, ‘To be clear, optimism is great, and it’s absolutely necessary, but it’s insufficient. It’s not the kinda thing that holds up when you tell your daughters you’re not going to walk them down the aisle. Nor telling your mom and pops they’re gonna bury their son.’

‘Kinda,’ as a writer, this casual usage that my editors often change when I employ it is the embodiment of what Sasse has wrought here. His words make me think that beauty always portends tragedy, but that’s okay. To invoke a New Yorkism, it is what it is.

Sasse, who went from the Senate to serve as president of University of Florida until last year, goes on to say, ‘A well-lived life demands more reality — stiffer stuff. That’s why, during Advent, even while still walking in darkness, we shout our hope — often properly with a gravelly voice soldiering through tears’

Aside from a few modern references, Sasse’s letter to our nation would have been understood perfectly 2,500 years ago in Athens, where such writing of the examination of the human condition was born.

Sasse tells us that, ‘Remembering Isaiah’s prophecies of what’s to come doesn’t dull the pain of current sufferings. But it does put it in eternity’s perspective: 

‘When we’ve been there 10,000 years…We’ve no less days to sing God’s praise.’

Maybe what stands out the most in this incredible piece of writing is that it is not performative at all, in an age in which everything is. In the law, a dying declaration holds special weight. In Sasse’s pen, it holds our hearts.

Much of our languages’ great work involves death, Dylan Thomas imploring his father in poetry: ‘Do not go gentle into that good night.

Rage, rage against the dying of the light.

As I read his profound letter to us, I couldn’t help but see the image of Sasse in his running clothes, stooped on a stone wall at the capitol, chopping it up with Schumer and McCain. Just a regular guy, one of us.

Reading his words about his own mortality, I see now he is much more than that. I spend almost the whole time I’m awake reading, when I’m not writing. At 50, little surprises me. This did.

My mother died of damnable cancer when I was 24, her final request of me was to write and deliver her eulogy, and I’ll be honest the request felt too hard. But when she died, I had a job to do, and for two days I did nothing but write, it was her last gift, she knew me, and she got me through it.

I’m so grateful for Sasse’s words, and that at a time when everything is so ugly, he took the occasion of personal horror to buck us up. His great-great-grandchildren will know of it and feel rightful pride.

God bless Ben Sasse and his family, and may his profound and beautiful words echo down the centuries as the epitome of grace in a falling world.

As a writer, I want to say, thank you senator, I know right now it must seem completely insignificant, but there is a scribe in West Virginia today who will be forever changed by those words, and I’m grateful for it.

This post appeared first on FOX NEWS

Keep Reading
Investing

Prismo Metals Announces Assay & IP Results at Silver King

Investing 12 Mins Read

(TheNewswire)

Additional Financing Closes

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, British Columbia TheNewswire – December 3rd, 2025 Prismo Metals Inc. (‘ Prismo ‘ or the ‘ Company ‘) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce it has received assay results for samples recently taken at the Silver King Project from two exploration targets located on the east side of the property, namely the Black Diamond replacement target and the newly named Crown porphyry intrusion target (Fig. 1).

Figure 1 .  Map showing the location of the Black Diamond replacement and Crown porphyry intrusion exploration targets at the Silver King project.  Claim boundaries are shown in yellow.

The assays show high grade copper mineralization present at Black Diamond (Fig 1). The rock chip samples yielded generally high copper assays with several samples analyzing in excess of 1 % Cu and two samples in excess of 5 % Cu (Table 1, Fig. 2).  Gold is generally anomalous for the Black Diamond samples.

Rock chip samples from the Crown porphyry intrusion generally exhibited lead and zinc values with elevated silver and low copper and gold (Table 2).  Importantly, however, two samples of vein material from the stockwork target yielded high gold values of 4 and 5 g/t (Fig. 2). The mineralization in the stockwork veining at Crown provides impetus to complete additional exploration in the area.

Table 1. Assay results for samples from the Black Diamond replacement target.

Sample

Location

Easting

Northing

Width m

Au g/t

Ag g/t

Cu %

Pb %

Zn %

544572

Black Diamond

492601

3687624

1.5

0.007

0.30

0.18

0.009

0.02

544573

Black Diamond

492601

3687625

1.5

0.052

0.34

0.29

0.013

0.03

544574

Black Diamond

492603

3687623

1.5

0.008

0.47

0.12

0.009

0.02

544575

Historic adit 3

492642

3687624

0.5

1.08

0.15

5.56

0.013

0.03

544576

Historic adit 3

492641

3687625

0.5

0.045

1.08

0.44

0.022

0.02

544577

Historic adit 3

492643

3687621

1.0

0.012

0.76

0.07

0.014

0.02

544578

Historic adit 1

492670

3687639

0.8

0.285

12.43

6.02

–

0.01

544581

Historic adit 1

492672

3687640

1.1

0.125

10.5

1.14

0.011

0.02

544582

Historic adit 1

492667

3687640

1.4

0.285

6.66

2.63

0.006

0.02

544583

Black Diamond

492678

3687626

0.5

0.034

2.18

0.15

0.009

0.02

544584

Historic adit 2

492670

3687625

0.5

0.35

7.99

1.24

0.006

0.01

544585

Historic adit 2

492679

3687628

0.5

0.125

8.87

0.45

0.013

0.02

544586

Historic adit 2

492672

3687638

1.0

0.053

8.97

1.42

0.013

0.02

Table 2 . Assay results for samples from the Crown porphyry intrusive target.

Sample

Location

Easting

Northing

Width m

Au g/t

Ag g/t

Cu %

Pb %

Zn %

544566

Crown

492633

3687859

1.5

0.008

3.7

0.005

0.03

0.04

544567

Crown

492805

3687910

1.3

0.011

1.3

0.006

–

0.01

544568

Crown

492803

3687910

2.0

0.006

1.28

0.008

0.03

0.03

544569

Crown

492836

3687898

1.0

0.012

0.25

0.008

–

–

544570

Crown

492499

3687669

1.0

0.011

2.31

0.035

0.07

0.09

544571

Crown

492534

3687657

0.5

0.016

2.65

0.002

0.09

0.03

544588

Crown

492737

3687901

2.5

0.015

2.76

0.005

0.01

0.01

544589

Crown

492746

3687884

1.0

0.022

4.21

0.010

0.03

0.02

544590

Crown

492763

3687867

0.5

0.07

11.26

0.013

0.05

0.11

544591

Crown

492799

3687851

1.0

5.19

46.44

0.048

0.21

0.06

544592

Crown

492793

3687823

1.0

4.06

13.97

0.021

0.10

0.07

544593

Crown

492701

3687858

1.5

0.027

1.0

0.011

0.03

0.04


Click Image To View Full Size

Figure 2. Copper assays and high gold values for samples mentioned from the Black Diamond
and Crown areas at Silver King.

IP Survey Update

The Company also has received the report for initial phase of its IP survey at Silver King.  The IP survey consisted of a gradient array to test for resistivity and chargeability anomalies at a depth of about 300m below the surface.

The IP survey shows low resistivity lows associated with the Black Diamond replacement body as well as the stratigraphically controlled Cu bearing replacements that extend toward the nearby Magma mine (Fig. 3).  A second nearly east-west trending resistivity low occurs in the central portion of the claim block and coincides with a hypothesized structure that may control the Black Diamond body and also may be important in the formation of the Silver King deposit.  This type of structure is similar to the Magma vein, the main mineralized structure at the high-grade Magma mine, and is a prime exploration target.

The IP survey also shows several chargeability anomalies that are presumably associated with disseminated sulfides, largely pyrite (Fig. 4).  The stockwork intrusion mentioned previously is associated with one of these chargeability anomalies and provides a second important exploration target with characteristics similar to mineralization at high structural levels in porphyry systems.  A second similar chargeability anomaly occurs nearby to the southwest in an area overlain by a mostly barren quartz diorite intrusive and may represent a similar blind porphyry target.

Based on the results of the initial IP survey, a follow-up pole-dipole survey to further define the anomalies from shallow to deeper levels along section lines is planned to be conducted in December.

Figure 3. IP resistivity map showing exploration targets: yellow line-Silver King glory hole,
magenta line-polymetallic vein, green line-copper vein, red outlines-Black Diamond replacement
body and stratigraphically controlled replacement horizons, black outline-stockwork intrusion.

Figure 4. IP chargeability map showing exploration targets: yellow line-Silver King glory hole,
magenta line-polymetallic vein, green line-copper vein, red outlines-Black Diamond replacement
body and stratigraphically controlled replacement horizons, black outline-stockwork intrusion.

Drilling Update

Alain Lambert, CEO of Prismo commented: ‘The results announced today confirm the vast exploration potential at Silver King. While we look forward to drilling these new targets in the future, our plans remain unchanged. Our immediate priority is to undertake our fully funded drill program, as previously announced. This drill campaign will focus primarily on the historic Silver King mine site and will be for a minimum of about 1,000 meters. The objective is to test the upper half of the steeply dipping pipelike Silver King mineralized body as well as potential mineralization adjacent to the dense stockwork that was the focus of historic mining.’

Mr. Lambert added: ‘We are pleased with the steady progress on the permitting front. The collaboration of Forest Service officials demonstrates a clear commitment to supporting mining activities in Arizona.’

Prismo recently announced that the Forest Service, the federal surface land management entity for Silver King, had determined that the Company’s proposed drill plan meets the regulatory requirements for processing, and that such plan is complete, as described in the regulations at 36 CFR 228.4(c).

The Forest Service will now proceed with the environmental analysis pursuant to 36 CFR 228(a)(5) in conformity with the National Environmental Policy Act (NEPA). This analysis will proceed as a Categorical Exclusion, the lowest level of environment reviews applicable to projects that are not expected to have a significant effect on the environment, such as Silver King.

Financing Update

Prismo also announced that further to its news releases dated October 20, 2025 and November 13, 2025, the Company has proceeded with an upsized second closing of its previously announced non-brokered private placement of units of the Company (‘ Units ‘) at an issue price of $0.10 per Unit (the ‘ Private Placement ‘). The second closing of the Private Placement was increased from 1,250,000 Units to the issuance of 1,650,000 Units for gross proceeds of $165,000 (the ‘ Second Tranche ‘). The Company previously announced a first closing of the Private Placement on November 12, 2025 for aggregate gross proceeds of $1,745,000. Due to strong investor demand, the Company has now raised aggregate gross proceeds of $1,910,000.

Each Unit consists of one common share in the capital of the Company (a ‘ Share ‘) and one common share purchase warrant of the Company (a ‘ Warrant ‘). Each Warrant entitles the holder to purchase one Share for a period of thirty-six (36) months from the date of issue at an exercise price of $0.175.

The Company intends to use the net proceeds of the Private Placement primarily for drilling at its Silver King project and for general corporate purposes. The Company expects to accept additional subscriptions of units in the coming days for an approximate amount of $125,000.

The Units issued pursuant to the Second Tranche are subject to a four-month hold period from the closing date of the Second Tranche under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.

In connection with the Second Tranche, the Company issued an aggregate of 68,000 finder’s warrants (the ‘Finder’s Warrants’ ) and paid finder’s commissions of $6,800 to a certain qualified finder. Each Finder’s Warrant is exercisable for a period of twenty-four (24) months from the date of issuance to purchase one Share at a price of $0.10. In addition, the Company paid a cash fee of $2,000 to a financial advisor.

The securities being issued in connection with the Second Tranche have not been and will not be registered under the U.S. Securities Act and may not be offered or sold in the United States, or to, or for the account or benefit of, U.S. persons or persons in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

QA/QC

Samples were analyzed by SGS, an internationally recognized analytical lab, with preparation at the Tempe, Arizona facility and analyses at the Burnaby laboratory.  Prismo inserts controls samples consisting of a standard pulps and a coarse blanks in the sample stream, and the lab also inserts control samples.

Qualified Person

Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release.

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

Please follow @PrismoMetals on Twitter , Facebook , LinkedIn , Instagram , and YouTube

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6 Phone: (416) 361-0737

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘ intends’ or ‘ anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘ may’, ‘ could’, ‘ should’, ‘ would’ or ‘ occur’. This information and these statements, referred to herein as ‘forward-looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Silver King; and the intended use of any proceeds raised under the Second Tranche.

These forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: the potential inability of the Company to utilize the anticipated proceeds of the Private Placement as anticipated; and those risks set out in the Company’s public disclosure record on SEDAR+ ( www.sedarplus.com ) under the Company’s issuer profile .

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will use the proceeds of the Second Tranche as currently anticipated and on the timeline currently expected.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward- looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward- looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

Falco Resources

Investing 12 Mins Read

Investor Insight

Falco Resources presents a compelling investment opportunity with its high-margin Horne 5 gold project, strong partnerships, and advancing path to construction in Quebec’s prolific Rouyn-Noranda mining camp.

Overview

Falco Resources (TSXV:FPC) is a Canadian company focused on developing gold and base metal projects in the Rouyn-Noranda region of Quebec. Rouyn-Noranda is an established mining camp with a long history of exploration and development. The Noranda mining camp has historically produced 19 million ounces (Moz) of gold and 2.9 billion pounds (Blbs) of copper, and yet it is still under-explored for gold.

Falco’s principal property, Horne 5 project, holds 67,000 acres or nearly 67 percent of the total area of the entire mining camp and is located under the former Horne mine which produced 11.6 Moz of gold and 2.5 Blbs of copper. The 2021 feasibility study on the Horne 5 project suggests strong project economics with a total mine life of 15 years, after-tax NPV at 5 percent of US$761 million, and a payback period of 4.8 years, assuming gold prices at $1,600/oz. At the current gold prices of over $2,500/oz, the project economics will be even better.

In 2024, significant milestones for the company include the operating lease and indemnity agreement (OLIA) with Glencore (LON:GLEN) and the Horne 5 project’s environmental impact assessment (EIA) admissibility. Falco Resources’ operating license and indemnity agreement (OLIA) with Glencore Canada will enable Falco to utilize a portion of Glencore’s lands. The agreement entails establishing a technical committee comprising two representatives from Glencore and two from Falco, tasked with safeguarding the uninterrupted operations of Glencore’s Horne copper smelter. Additionally, a parallel strategic committee will be formed. Glencore canl nominate one representative to join Falco’s board of directors.

The successful completion of the OLIA, coupled with life-of-mine copper-zinc concentrate offtake agreements with Glencore, positions Falco to advance its Horne 5 project towards construction. The company is currently advancing with the permitting process for the project.

Falco is continuing with the next steps related to obtaining government permits and financing for its Horne 5 project after the report filed by the Bureau d’audiences publiques sur l’environnement (BAPE). The BAPE examined the Falco Horne 5 mining project from a sustainable development perspective, requesting additional studies and analyses. More than 90 percent of the commission’s opinions related to the project have already been considered, planned or initiated.

Company Highlights

  • Falco Resources is a Canadian explorer of base and precious metals focused on developing its mineral properties in the Rouyn-Noranda region in Quebec, Canada.
  • The company holds 67,000 acres of mining claims in the Rouyn-Noranda mining camp, accounting for nearly 67 percent of the entire mining camp.
  • Rouyn-Noranda has a long history of mining and exploration. The area has established infrastructure and has been host to 50 former producers, including 20 base metal mines and 30 gold mines.
  • Falco’s principal asset is the Horne 5 project which is a gold project with significant base metal by-products. It is located under the former Horne Mine which produced 11.6 Moz of gold and 2.5 billion pounds of copper from 1926 to 1976.
  • The Horne 5 is a world-class deposit containing 7.6 Moz gold equivalent in measured and indicated resources and 1.7 Moz gold equivalent in inferred resources, making it a top 5 gold development project in Canada by resource size.
  • The Horne 5 project represents a robust, high-margin, 15-year underground mining project with attractive economics. The 2021 feasibility study indicates after-tax NPV at 5 percent of US$761 million and after-tax IRR of 18.9 percent.
  • The operating lease and indemnity agreement (OLIA) with Glencore coupled with EIA admissibility receipt from the government body positions Falco to advance its Horne 5 project towards construction.

Key Project

Horne 5 Project

The Horne 5 project is a world-class deposit located beneath the former Horne mine in the Rouyn -Noranda mining camp. Horne mine was operated by Noranda from 1926 to 1976 and produced 11.6 Moz of gold and 2.5 Blbs of copper. The Rouyn-Noranda mining camp has a rich exploration history having produced 19 Moz of gold and 2.9 Blbs of copper. The camp has hosted 50 producers including 20 base metal mines and 30 gold mines.

The Horne 5 is a world-class deposit containing 6.1 Moz gold equivalent in proven and probable reserves, 7.6 Moz gold equivalent in measured and indicated resources, and 1.7 Moz gold equivalent in inferred resources making it a top 5 gold development project in Canada by resource size.

The project boasts strong partners including Osisko Development, Osisko Gold Royalties, Glencore, and the Quebec Government. Osisko Development is a major shareholder in Falco Resources with a 16 percent stake, and the Quebec Government holds close to 7.5 percent stake in Falco.

Aside from gold, Horne 5 has significant base metal by-products. As per the feasibility study, precious metals (gold + silver) account for 75.6 percent of the mining revenue, while base metals (copper and zinc), account for 24.3 percent of the total mine revenue.

The 2021 updated feasibility study on the Horne 5 project indicates robust project economics. The feasibility study shows the project would generate an after-tax NPV at 5 percent of US$761 million and an after-tax IRR of 18.9 percent over the 15-year mine life. The production profile would average annual production of 220,300 oz gold over the life of the mine. Further, the study suggests significant copper and zinc by-product credits from the copper and zinc production, as well as the highly automated modern operations resulting in a low projected all-in sustaining cost (AISC) of $587/oz. Horne 5’s AISC is among the first quartile of global low-cost operations.

Recent news flows including the OLIA with Glencore and the Horne 5 project’s EIA admissibility are significant milestones in the advancement of the project towards development.

Falco Resources’ OLIA with Glencore Canada enables Falco to utilize a portion of Glencore’s lands. The agreement entails establishing a technical committee comprising two representatives from Glencore and two from Falco, tasked with safeguarding the uninterrupted operations of Glencore’s Horne copper smelter. Additionally, a parallel strategic committee will be formed. Glencore can nominate one representative to join Falco’s board of directors.

The successful completion of OLIA coupled with life-of-mine copper-zinc concentrate offtake agreements with Glencore positions Falco to advance its Horne 5 project towards development. Further, the receipt of confirmation of the admissibility of its EIA for the Horne 5 project from the Ministry of the Environment, the Fight Against Climate Change, Wildlife and Parks is a significant milestone. It provides a path forward for the development of the project.

Management Team

Luc Lessard – President, Chief Executive Officer and Director

Luc Lessard brings over 30 years of experience in the design, construction, and operation of mines. Before joining Falco, he held senior executive positions at Osisko Gold Royalties, Canadian Malartic GP (a joint venture of Agnico Eagle Mines and Yamana Gold), and Osisko Mining Corporation. At Osisko Mining Corporation, he oversaw the design, construction, and commissioning of the Canadian Malartic gold mine. Lessard has been involved in numerous surface and underground mining projects throughout his career. Lessard holds a bachelor’s degree in mining engineering from Laval University.

Anthony Glavac – Chief Financial Officer

Anthony Glavac has 25 years of experience in financial reporting, including over 15 years in the mining industry. Before joining Falco, he served as the director of financial reporting and internal controls at Dynacor Gold Mines and as the interim chief financial officer at Alderon Iron Ore. Glavac was previously the senior manager at KPMG, where he worked with a diverse portfolio of public and private companies, offering services such as audit, taxation, strategic advisory, and assistance with public offerings. Glavac is also engaged with other public companies within the mining sector.

Helene Cartier – Vice-president Environment, Sustainable Development and Community Relations

Helene Cartier possesses over 20 years of expertise in the environmental field. She began her mining career as part of the Cambior team before transitioning to the role of vice-president of environmental services and sustainable development at Osisko Mining. There, she played a pivotal role in the development and commissioning phases of the Canadian Malartic gold mine. She has served on the board of directors of several public and private companies.

Mireille Tremblay – Vice-president Legal Affairs and Corporate Secretary

Mireille Tremblay possesses more than 25 years of experience in business law, primarily in securities, mergers and acquisitions, corporate finance, and governance. Before joining Falco in January 2021 as the director of legal affairs, Tremblay served as a legal advisor to clients across diverse industries, including the mining sector. She advocated for companies and investors involved in mining transactions in Africa, notably during the construction of a gold mine in Burkina Faso and in negotiations with the Ivorian government. Additionally, she has represented numerous companies, underwriters, and investors in various contexts, including public offerings and private placement financings, both domestically and internationally. Tremblay holds a law degree from the University of Montreal.

Mario Caron – Independent Chair

Mario Caron is a mining executive with over 40 years of experience in the mining industry in senior executive and board positions. His experience was gained nationally and internationally in both underground and open pit operations. As CEO of public companies, he secured mining licenses and various permits in numerous jurisdictions. From 2016 to 2023, he was the Chairman of New Moly LLC. (formerly known as Alloycorp Mining), a privatized company since August 2016 with a molybdenum deposit in British Columbia. Caron received his Bachelor of Engineering, Mining at McGill University and is a retired member of the Association of Professional Engineers of Ontario and of the Ordre des ingénieurs du Québec.

Alexander Dann – Non-independent Director

Alexander Dann is a chartered professional accountant with over 30 years of experience leading financial operations and strategic planning for multinational public companies, primarily in the mining and manufacturing sectors. In February 2021, he was appointed chief financial officer and vice president, finance of Osisko Development. Before that, Dann served as chief financial officer of The Flowr Corporation from November 2017 to March 2020, where he successfully guided such corporation from a small private company to a TSX Venture Exchange publicly traded corporation. Prior to that, he was chief financial officer of Avion Gold and Era Resources until their acquisitions by Endeavour Mining Corporation and The Sentient Group, respectively. Dann also held senior finance roles with Falconbridge. (now part of Glencore Canada Corporation), Rio Algom Limited (now part of BHP Billiton) and Litens Automotive Partnership (a group within Magna International Inc.). Dann is the nominee of Osisko Development on the Corporation’s Board of Directors pursuant to the Investor Rights Agreement entered into between the Corporation and Osisko Development on November 27, 2020 (the “Investor Rights Agreement”). Dann obtained his Chartered Accountant designation in 1995 and holds a Bachelor’s degree in Business Administration from Université Laval in Québec City.

Paola Farnesi – Independent Director

Paola Farnesi is a senior financial professional with over 30 years of experience in corporate finance, financial reporting, M&A and risk management. She is currently vice president and treasurer of Domtar Corporation, responsible for negotiating and arranging $2.5 billion in corporate financings, overseeing an insurance portfolio of $50 billion in insurable values and managing the investments of pension fund assets of $8 billion. From 1994 to 2008, Farnesi held several other leadership positions at Domtar Corporation, including vice president of internal audit, where she was responsible for the implementation and subsequent compliance efforts related to Sarbanes-Oxley. Prior to joining Domtar Corporation, Farnesi worked at Ernst & Young for the assurance group in Montréal. Farnesi holds a Bachelor of Commerce and a Graduate degree in Public Accountancy from McGill University, is a member of the Chartered Professional Accountants of Québec and obtained the ICD.D designation from the Institute of Corporate Directors.

Chantal Sorel – Independent Director

Chantal Sorel is a corporate director. She has over 35 years of experience in general management with full profit and loss responsibility, project financing, project management, operations, strategic development, business development, mergers and acquisitions, in the industries of mining and metallurgy, power, infrastructure, industrial facilities, rail and transit. Sorel held the position of Vice President, Airport Infrastructures at Aéroports de Montréal from April 2023 to February 2024, after being an adviser to the airport from 2020 to 2023. Previously, she was executive vice president and managing director of capital at AtkinsRéalis (formerly known as the SNC-Lavalin Group) from 2016 to 2019 where she was responsible for the project financing and asset management of a $20 billion infrastructure and industrial asset portfolio. Sorel holds a degree in architecture from Université de Montréal and a master’s degree in project management from Université du Québec à Montréal and completed the Director Education Program jointly offered by the Institute of Corporate Directors, the McGill Executive Institute and the Rotman School of Management at the University of Toronto.

Sean Roosen – Special Advisor

Sean Roosen is a founder of Osisko Mining Corporation and played a central role in the discovery, financing, and development of the Canadian Malartic mine, one of Canada’s largest gold producers. He is currently executive chair and CEO of Osisko Development and previously served as founder, executive chair, and CEO of Osisko Gold Royalties. With more than 44 years of mining industry experience, he has been recognized globally for his leadership, including being named Mines and Money Americas’ “Best CEO in North America” (2017) and one of the “Top 20 Most Influential Individuals in Global Mining.” Roosen is a graduate of the Haileybury School of Mines.

John Burzynski – Special Advisor

John Burzynski is executive chair of Osisko Metals and former Chair, CEO, and director of Osisko Mining, where he led the discovery, development, and $2.2 billion sale of the Windfall gold project to Gold Fields Ltd. A co-founder of Osisko Mining Corporation, he was instrumental in the development and sale of the Canadian Malartic mine. With over 35 years of international mining experience, Burzynski has received multiple industry awards, including PDAC’s “Prospector of the Year” (2007, 2024) and the Northern Miner’s “Mining Man of the Year” (2009). He holds a B.Sc. (Honours) in geology from Mount Allison University and an M.Sc. in exploration and mineral economics from Queen’s University.

This post appeared first on investingnews.com

Keep Reading
Investing

Silo Wellness Submits CSE Listing Statement for Review of Born Defense Proposed Change of Business

Investing 4 Mins Read

Silo Wellness Inc. (CSE: SILO) (‘Silo’ or the ‘Company’), to be renamed Born Defense Inc., is pleased to announce that it has submitted its listing statement (the ‘Listing Statement’) with the Canadian Securities Exchange (the ‘CSE’) on September 26, 2025, for review in connection with its previously announced proposed change of business to an investment issuer focused on the defense and national security sectors.

The Listing Statement provides comprehensive disclosure regarding the Company’s business, assets, financial statements, management team, and strategic direction, and is a key step toward satisfying the CSE’s requirements for the resumption of trading of the Company’s common shares.

As previously disclosed, the Company intends to complete a name change to Born Defense Inc. and transition its primary business focus to defense innovation and national-security investments. Born’s strategy is grounded in Just War principles and the protection of individual liberty, a framework discussed at length in the Compony’s podcast interview with Dr. Eric Patterson, a leading scholar of the Just War tradition (‘Just War Doctrine with Dr. Eric Patterson,’ https://youtu.be/pBkZG9mZDMk). In that conversation, Dr. Patterson emphasized the classical criteria (legitimate authority, right intention, last resort, probability of success, proportionality, and discrimination) and how those ethics constrain power, guide deterrence, and inform responsible industrial stewardship. The submission of the Listing Statement is an important milestone in advancing this vision.

The Listing Statement also outlines recent measures undertaken by the Company to strengthen its financial position, including agreements to settle approximately CAD $4.4 million of debt through the issuance of common shares, significantly reducing liabilities and positioning the Company for its strategic transition. Upon CSE approval, this restructuring is expected to improve the balance sheet and align shareholder interests as the Company advances its change of business.

‘While this must go through the full regulatory process, I’m proud of how hard our team has worked to stabilize and strengthen the public vehicle by earning buy-in from creditors who have either agreed to convert their debt into shares or to middle- and long-term payment plans so initial financing can stretch further. I’m looking forward to feedback from the CSE on our business plan and intentions. Until then, we’ll prepare for the future with a steadfast goal of peace through strength. Now is the time to preserve civilization through strategic investment in the people trusted to responsibly steward these powerful defense technologies for the next generations.’ — Richard Craven, CEO, Born Defense

The Listing Statement will be made available on the Company’s profile on SEDAR+ once it has been accepted for filing by the CSE. Shareholders will also be provided with notice of any meeting required to approve the proposed change of business and related matters, in accordance with applicable securities laws and stock exchange requirements.

There can be no assurance as to the timing of completion of the CSE’s review process, the Company’s shareholder approval, or the resumption of trading of the Company’s securities.

About Born Defense

Silo Wellness (CSE: SILO) is a public company currently transitioning its operations into Born Defense Inc., a national security investment issuer committed to ethical defense finance guided by the Just War Doctrine. The company’s restructured business model centers on trade finance, strategic equity investments, and collateral-backed lending for pre-IPO and critical infrastructure ventures globally.

Contact Information

Mike Arnold, President
ir at borndefense (dot) com
541-359-3931
www.SiloWellness.com
www.BornDefense.com

Follow and amplify:

    Forward-Looking Statements

    This press release contains forward-looking statements under applicable securities laws. These statements relate to future events, financial performance, and operational expectations, including the objectives, prospective transaction, market conditions, and strategic plans.

    Forward-looking statements involve risks, uncertainties, and assumptions that may cause actual results to differ materially, including market conditions, regulatory changes, geopolitical factors, capital availability, and the timing and outcome of the CSE’s review of the Listing Statement. We undertake no obligation to update these statements except as required by law. Readers should not place undue reliance on forward-looking statements, which speak only as of their date.

    No Offer or Solicitation

    This press release is for informational purposes only and does not constitute an offer or solicitation to buy or sell securities. Any such offering will be made only in compliance with applicable laws and through authorized offering documents.

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268286

    News Provided by Newsfile via QuoteMedia

    This post appeared first on investingnews.com

    Keep Reading
    Investing

    Prismo Metals Receives High Silver and Copper Assays at Silver King

    Investing 8 Mins Read

    (TheNewswire)

    Announces Expanded Drill Plan

    Vancouver, British Columbia TheNewswire – September 29th, 2025 Prismo Metals Inc. (the ‘ Company ‘) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to report that it has received final assay results including overlimits for the first batch of twenty-three samples taken at the Silver King project located in Arizona. The new assays include 619 gt Ag and 511 gt Ag for two samples taken at the Silver King shaft area, as well as 757 gt Ag, 1.5% Cu, 6.7% Pb, and 11.5% Zn for the recently encountered polymetallic vein.  Preliminary assay data was described in a news release dated September 24, 2025.

    ‘The overlimit assays for silver highlight the high-grade nature of both the mineralization around the Silver King mine and the recently encountered polymetallic vein. The results confirm the significance of the recently discovered polymetallic vein as a new exploration target at the Silver King project,’ said Dr. Craig Gibson, Chief Exploration Officer. ‘Overlimit copper assays ranging from 1.11% to 2.43% copper for three samples from the replacement mineralization area provides encouraging data for this style of mineralization. The replacement mineralization occurs along strike with the stratigraphic horizon at the nearby Magma mine and occurs as a large body on the Black Diamond claim.’

    Figure 1 . Geologic and land map of the Silver King project showing newly described polymetallic vein in magenta (Ag-Pb-Zn), copper vein in green (Cu-Ag) and stratigraphically controlled replacement mineralization in red.  The strongly altered intrusion with stockwork quartz-pyrite veining is indicated by the crosshatch.

    Table 1. Assay results for samples with overlimits from the Silver King project

    Sample

    Au g/t

    Ag g/t

    Cu %

    Pb %

    Zn %

    Sb ppm

    Bi ppm

    Ba ppm

    Hg ppm

    New polymetallic vein

    544510

    0.03

    757

    1.51

    6.69

    11.53

    7788

    0.3

    >10000

    12.84

    Silver King mine

    544514

    1.07

    619

    0.59

    0.44

    0.63

    337

    3

    >10000

    1.7

    544517

    0.04

    511

    0.09

    0.26

    0.43

    377

    0.2

    >10000

    15.66

    Cu replacement zone

    544502

    0.47

    7

    1.35

    –

    0.02

    0.8

    71.8

    30

    544507

    2.26

    25

    2.43

    –

    0.23

    0.4

    33.5

    12

    0.01

    544508

    0.73

    12

    1.11

    –

    0.28

    0.4

    29.1

    12

    0.03

    544552

    35

    0.14

    2.81

    2.21

    114

    0.5

    24

    2.11

    .

    Figure 2 .  Map showing Silver King project and nearby mineral deposits. The Silver King deposit is located 3km from the Resolution Copper deposit ( a joint venture between Rio Tinto and BHP ) and the high-grade Magma mine, a former copper and silver producer.

    Drill Program Update

    Prior to the discovery of the mineralized veins and porphyry related style mineralization announced recently, Prismo had planned a drill program at the historic Silver King mine for about 1,000 meters. That drill plan was designed to test the upper half of the steeply dipping pipelike Silver King mineralized body as well as potential mineralization adjacent to the dense stockwork that was the focus of historic mining.

    Following the recent discoveries, Prismo is planning to add second phase of drilling for an additional 1,000 meters. This additional program will focus on the newly identified targets outside of the historic mining area, such as the polymetallic vein and the copper vein mentioned above. Drilling of a large body of replacement mineralization on the patented Black Diamond claim is also being planned and is road accessible on private ground.

    Figure 3 . Cross section through the Silver King mine workings showing proposed drill holes (in black) to test the pipelike mineralized body (in red)


    Click Image To View Full Size

    Figure 4. Planned drill pads for the Silver King project.

    ‘Much of the focus of the exploration program to date has consisted of a property-wide survey of historic mines and prospects surrounding the direct Silver King workings,’ said Gordon Aldcorn, President of Prismo. ‘ This work has expanded our geological thinking and resulted in the recognition of several new types of mineralization at the project, providing additional targets for exploration. Prismo has already submitted a plan of operations for the drill program with Forest Services. Some of the drilling sites considered for the new targets will be subject to further permitting applications.’

    Figure 5. Copper assays for samples taken at the Silver King project.

    Figure 6. Silver assays for samples taken at the Silver King project.

    Table 4. Locations for samples mentioned in the text.

    Sample

    Location

    Type/width (m)

    E WGS84

    N WGS84

    544502

    Black Diamond

    Grab

    492,633

    3,687,623

    544507

    Replacement zone

    Dump

    492,054

    3,687,431

    544508

    Replacement zone

    0.7

    491,986

    3,687,334

    544510

    Polymetallic vein

    Dump

    491,863

    3,687,565

    544514

    Silver King Mine

    Dump

    491,855

    3,687,907

    544517

    Silver King Mine

    Dump

    491,855

    3,687,907

    544552

    Replacement zone float

    Selected

    491,928

    3,688,043

    Sample data previously released in News Release dated September 24, 2025.

    QA/QC

    Samples were analyzed by SGS, an internationally recognized analytical lab, with preparation at the Tempe, Arizona facility and analyses at the Burnaby laboratory.  Prismo inserts control samples consisting of standard pulps and coarse blanks in the sample stream for QA/QC purposes and also utilizes the labs internal control samples.

    Qualified Person

    Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-101 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release.  The historic data presented in this press release was obtained from public sources, should be considered incomplete and is not qualified under NI 43-101, but is believed to be accurate. The Company has not verified the historical data presented and it cannot be relied upon, and it is being used solely to aid in exploration plans. References to mineralization at the Magma Mine and Resolution Copper deposit are not necessarily indicative to the mineralization on the Silver King property.

    About the Silver King

    Discovered in 1875, the Silver King mine was one of Arizona ‘ s most important historic producers, yielding nearly 6 million ounces of silver at grades of up to 61 oz/t.  The Silver King mine sits only 3 km from the main shaft of the Resolution Copper project — a joint venture between Rio Tinto and BHP and one of the world ‘ s largest unmined copper deposits with an estimated copper resource of 1.787 billion metric tonnes at an average grade of 1.5% copper (1) . The unique land position is fully surrounded by Resolution Copper ‘ s claim block, offering strategic upside. Selected samples from small-scale production in the late 1990s returned grades as high as 644 oz/t silver (18,250 g/t) and 0.53 oz/t gold (15 g/t), indicating that high-grade mineralization remains.

    1. (2) Briggs, D., 2015, Superior, Arizona: An old mining camp with many lives, Ariz. Geol Survey Contributed Report CR-15-D, 13p.

    About Prismo Metals Inc.

    Prismo (CSE: PRIZ,OTC:PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

    Please follow @PrismoMetals on , , , Instagram , and

    Prismo Metals Inc.

    1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6

    Phone: (416) 361-0737

    Contact:

    Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

    Gordon Aldcorn, President gordon.aldcorn@prismometals.com

    Cautionary Note Regarding Forward-Looking Information

    This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘ intends’ or ‘ anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘ may’, ‘ could’, ‘ should’, ‘ would’ or ‘ occur’. This information and these statements, referred to herein as ‘forward‐looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Silver King.

    These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: delays in obtaining or failure to obtain appropriate funding to finance the exploration program at Silver King.

    In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the ability to raise capital to fund the drilling campaign at Silver King and the timing of such drilling campaign.

    Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

    Copyright (c) 2025 TheNewswire – All rights reserved.

    News Provided by TheNewsWire via QuoteMedia

    This post appeared first on investingnews.com

    Keep Reading