Prismo Metals to Acquire High-Grade Silver King and Ripsey Mines in Arizona

July 4, 2025 — NewsWall —Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) has announced it has signed option agreements to acquire 100% interest in the Silver King and Ripsey mines, two historic high-grade precious and base metal mines located in Arizona’s Copper Belt near its Hot Breccia project.

The Silver King mine, discovered in 1875, previously yielded nearly 6 million ounces of silver at grades of up to 61 oz/t. Samples from small-scale production in the late 1990s returned grades as high as 644 oz/t silver and 0.53 oz/t gold. The Ripsey mine, located 20 km west of Hot Breccia, is also an historic gold-silver-copper producer with historic sampling returning up to 15.85 g/t gold and 276 g/t silver.

Prismo plans to conduct a detailed mapping and sampling program at both projects, with a drill program planned for Silver King. The company also announced a non-brokered private placement of five million units at $0.05 per Unit for minimum gross proceeds of $250,000. Prismo has also entered into debt settlement agreements with certain creditors of the Company to issue an aggregate of 160,000 shares of the Company in full settlement of accrued and outstanding indebtedness in the aggregate amount of $11,000.

Gordon Aldcorn, President of Prismo, stated that the Silver King and Ripsey mine projects are exciting additions to their Arizona portfolio.

Dr. Craig Gibson, Chief Exploration Officer, added that both projects are high-grade and easily accessible, and that the company looks forward to evaluating the potential for antimony at Silver King.

Contact:

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

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

Source: Prismo Metals Inc.