After a period of markets awaiting more definitive signals from the macro-economic side of things, we finally witnessed inflation coming down more than expected, and downward revisions of job reports and a significant increase in unemployment figures. This leads to a probability of over 90% for a September rate cut, which will likely be a positive for not only the markets but also metals, as the US Dollar usually goes down.

Summary

• Very experienced team (exploration and mine building), Technical Advisor and significant shareholder Peter Megaw
• Underexplored 1,420ha greenfield Hot Breccia project in Arizona, adjacent to former Christmas Mine and nearby the colossal Resolution deposit
• Prismo Metals management believes Hot Breccia could represent the same geological concept as the Resolution deposit at depth, combined with evidence pointing towards mineralization directly on the other side of an intrusion, separating Hot Breccia from the Christmas deposit
• This evidence encompasses information about sampling, mapping, stratigraphy and mineralization at depth

• Known historic intercepts include 26m @ 0.54%Cu, 20m @ 1.4%Cu, 8m @ 1.73% Cu plus 5m @ 1.4% Cu, but most data on grades from historic drilling are missing.