Precious Metals

Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) ("PRISMO" or the "Company") announces the results of its 2022 Annual and Special Meeting of shareholders held on Thursday, September 29th, 2022, in virtual format.

Shareholders approved all the resolutions detailed in the management information circular of the Company dated August 31, 2022, namely:

  • Electing all five of the nominees to the Board of Directors of the Company, namely Peter Craig Gibson, Jean-François Meilleur (*), Jorge Rafael Gallardo Romero, María Guadalupe Yeomans Otero (*), and Louis Doyle (*).

  • Appointing Davidson & Company LLP as auditor of the Company for the ensuing year and authorizing the directors to determine the auditor's compensation.

  • Approving the Company's long term performance incentive plan (the "LTIP") to replace the Company's prior stock option plan. The LTIP provides Prismo with a variety of security-related mechanisms to attract, retain, and motivate qualified directors, officers, employees, management company employees and consultants. A summary of the LTIP can be found in the management information circular dated August 31, 2022 (the "Circular"), filed under its profile on SEDAR at www.sedar.com. The LTIP, in its entirety, is also attached as Appendix "B" to the Circular."

(*) Indicates members of the audit committee.

About Prismo

Prismo (CSE: PRIZ) is junior mining company focused on precious metal exploration in Mexico.

Contact: Craig Gibson, Chief Executive Officer and Director
1100 - 1111 Melville St., Vancouver, British Columbia V6E 3V6
craig.gibson@prismometals.com

Jason Frame, Manager of Communications
jason.frame@prismometals.com

Neither the Canadian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This news release may include certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks, the availability of financing, the potential impact of COVID-19 on the Company's exploration program and on the Company's general business, operations and financial condition, and other risks and uncertainties described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/138914

News Provided by Newsfile via QuoteMedia

PRIZ:CNX
Prismo Metals

Prismo Metals


Keep reading...Show less
VIZSLA SILVER TO MAKE STRATEGIC INVESTMENT IN PRISMO METALS AND RECEIVE ROFR ON THE PALOS VERDES CONCESSION

VIZSLA SILVER TO MAKE STRATEGIC INVESTMENT IN PRISMO METALS AND RECEIVE ROFR ON THE PALOS VERDES CONCESSION

Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) ( Frankfurt : 0G3) (" Vizsla " or the " Company ") is pleased to announce it has entered into non-binding letter of intent (the " LOI ") with Prismo Metals Inc. (CSE: PRIZ) (" Prismo "), a company co-founded and advised by Dr. Peter Megaw . Pursuant to the LOI, the Company intends to make a strategic investment (the " Strategic Investment ") with a right of first refusal (the " ROFR ") to purchase the Palos Verdes project from Prismo (the " Project "), and 4,000,000 units of Prismo (the " Prismo Units "), for aggregate consideration of C$2,000,000 .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Vizsla Silver to Make Strategic Investment in Prismo Metals and Receive Right of First Refusal on the Palos Verdes Concession

Vizsla Silver to Make Strategic Investment in Prismo Metals and Receive Right of First Refusal on the Palos Verdes Concession

Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) ("Prismo") is pleased to announce that it has signed a non-binding letter of intent (the "LOI") with Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (FSE: 0G3) ("Vizsla"). Pursuant to the LOI, Vizsla intends to make a strategic investment (the "Strategic Investment") for 4,000,000 units of Prismo (the "Prismo Units") for aggregate consideration of C$2,000,000 with Vizsla acquiring a right of first refusal (the "ROFR") to purchase the Palos Verdes project from Prismo (the "Project").

Transaction Highlights for Prismo

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Prismo Metals Signs Definitive Surface Access Agreement for Los Pavitos and Begins Drill Permitting

Prismo Metals Signs Definitive Surface Access Agreement for Los Pavitos and Begins Drill Permitting

Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) ("Prismo" or the "Company") is pleased to announce that it has signed a formal access agreement with the Francisco Villa Ejido, the surface owners over the Los Pavitos Project in Sonora State, Mexico to allow for exploration work including drilling. The Company negotiated a two-year agreement to formalize the previous informal agreement (see news release of Jan 19, 2022).

"This agreement allows Prismo to proceed with its drilling permit application, opening the door to a drilling program in early 2023," said Dr. Craig Gibson President and CEO of the Company. He added: "While we are getting to work right away on the environmental permitting necessary for drilling, we are also continuing the geological mapping and sampling program to cover the remaining area as the basis for the more detailed work necessary for identifying drill targets."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Prismo Metals Intercepts Wide Vein Structure at Palos Verdes in Hole #4

Prismo Metals Intercepts Wide Vein Structure at Palos Verdes in Hole #4

Four holes completed, hole #5 underway

Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) (the "Company" or "Prismo") is pleased to provide an update on the current drill program at its Palos Verdes project, located in the historic Panuco-Copala district of the state of Sinaloa, Mexico. A total of 1,203 meters have been drilled to date out of a planned minimum of 2,000 metres. The Company expects to complete the current drilling in early November. The Palos Verdes property is contiguous to the Panuco silver-gold project of Vizsla Silver Corp.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Prismo Metals Provides Update on Drilling Program and Announces New Protocol for Sampling at Palos Verdes

Prismo Metals Provides Update on Drilling Program and Announces New Protocol for Sampling at Palos Verdes

Ongoing drill program at Palos Verdes halfway completed

Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) (the "Company" or "Prismo") is pleased to provide an update on the current drill program at its Palos Verdes project, located in the historic Panuco-Copala district of the state of Sinaloa, Mexico. The program has drilled a total of 1,062 meters to date out of a planned minimum of 2,000 metres. The Company expects to complete the minimum target of 2,000 metres in early November. The Palos Verdes property is contiguous to the Panuco silver-gold project of Vizsla Silver Corp.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Alianza partner Allied Copper intersects 4.26% Copper over 1.06 metres at West Graben Fault Target, Klondike Property, Colorado

Alianza partner Allied Copper intersects 4.26% Copper over 1.06 metres at West Graben Fault Target, Klondike Property, Colorado

(TheNewswire)

Alianza Minerals Ltd

Vancouver, BC, TheNewswire , November 30, 2022 - Alianza Minerals Ltd. ("Alianza") (TSXV:ANZ ) , ( OTC:TARSF) and Cloudbreak Discovery PLC ("Cloudbreak") (LSE: CDL) (the " Alliance ") are pleased to announce results of the first modern drill test of the Klondike property, funded by partner Allied Copper Corp. ("Allied") (TSX-V: CPR) , under the terms of its earn-in agreement with the Alliance. Five holes were completed testing the Northeast Fault (2 holes), West Graben Fault (2 holes) and East Graben Fault (1 hole) targets. Hole KDB22-05 tested a strand of the West Graben Fault yielding long intersections of alteration and 42 metres of anomalous copper mineralization in a halo surrounding a fault intersection of 4.26% copper over 1.06 metres. Management interprets this result to indicate strong potential for copper mineralization on the main strand of the West Graben Fault. The Klondike Property consists of 76 unpatented mining claims, a State of Colorado Exploration Permit and an exclusive right to a State lease.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
GoldON Plans Drilling at McDonough Gold Property in Red Lake, Ontario

GoldON Plans Drilling at McDonough Gold Property in Red Lake, Ontario

Drill targets are well supported by coincident IP, geochem and geology

GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to announce that diamond drilling will commence early in the first quarter of 2023 on its McDonough gold property (the "Property") located 15 kilometres (km) north of the town of Red Lake, Ontario.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Orefinders to Acquire Grizzly Gold Project in Chibougamau Quebec

Orefinders to Acquire Grizzly Gold Project in Chibougamau Quebec

 Orefinders Resources Inc. ("Orefinders" or the "Company") (TSXV: ORX) (OTC: ORFDF) is pleased to announce that it has entered into an option agreement, subject to approval by the Toronto Venture Exchange (TSXV), to acquire a 100% interest in the Grizzly Gold Project ("Grizzly" or the "Project") in the Chibougamau District of Quebec . The Grizzly property is comprised of 105 contiguous mining claims and is located 60 kilometres west of the town of Chapais and is proximate to all major infrastructure from Chibougamau's mining camp including road, rail, hydropower lines and a skilled local workforce.

Our group is very interested in exploring near-surface gold and copper deposits in the Chibougamau District of Quebec . This acquisition represents an investment in another known mineralized structure that is near surface and mostly untested. Furthermore, the area has top-tier infrastructure yet is still an emerging district in the context of near surface operations based on new interpretations our group has developed," said Stephen Stewart , Orefinders Chairman.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
RooGold Announces Corporate Changes

RooGold Announces Corporate Changes

RooGold Inc. (CSE:ROO)(OTC PINK:JNCCF)(Frankfurt:5VHA) ("RooGold" or the "Company") is pleased to report that Vishal Gupta, M.Sc., P. Geo, has been appointed interim President & CEO of the Company. Mr. Gupta is a P. Geo. registered with the Professional Geoscientists of Ontario, who brings considerable mining industry expertise and public markets experience to RooGold. He currently serves as the President and CEO of Caprock Mining Corp., a CSE-listed gold exploration company focused on projects in Ontario, Canada. Prior to joining Caprock, Mr. Gupta served as the President and CEO of California Gold Mining Inc., an advanced-stage gold exploration company also listed on the CSE

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
White Gold Corp. Intersects Broad Zones of Near Surface Gold Mineralization including 55.2m of 1.50 g/t Gold Extending Mineralization Along Strike at its Betty Ford Target and 27.4m of 1.14 g/t Gold at the Mascot Target, Yukon, Canada

White Gold Corp. Intersects Broad Zones of Near Surface Gold Mineralization including 55.2m of 1.50 g/t Gold Extending Mineralization Along Strike at its Betty Ford Target and 27.4m of 1.14 g/t Gold at the Mascot Target, Yukon, Canada

White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W ) (the "Company") is pleased to report positive initial assay results from the 2022 drill program at the Betty Ford and Mascot targets, situated 6km apart on its Betty property. The Betty property is contiguous to and approximately 40km east (Figure 1) of Newmont Corporation's Coffee Gold deposit (Measured & Indicated Resources of 2.14 Moz gold and Inferred Resources of 0.23 Moz gold (3) ) and 15km northeast of Western Copper and Gold Corporation's Casino porphyry deposit (Measured & Indicated Resources of 14.8 Moz gold & 7.6 Blbs copper and Inferred Resources of 6.3 Moz gold and 3.1 Blb copper (4) ). These assays represent positive initial results from the Company's 2022 fully funded $6 million exploration program on its extensive and underexplored 350,000 hectare land package in the emerging White Gold District, Yukon, supported by strategic partners Agnico Eagle Mines Limited and Kinross Gold Corporation.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Nevada Sunrise Disclosure on Investor Relations Agreements

Nevada Sunrise Disclosure on Investor Relations Agreements

Nevada Sunrise Metals Corp. ("Nevada Sunrise", or the "Company", formerly Nevada Sunrise Gold Corp.) (TSXV: NEV) (OTC: NVSGF) is pleased to disclose details of its investor relations agreements entered into in 2022 by the Company to create awareness of its exploration activities in Nevada as follows:

Nevada Sunrise Metals Corp. logo (CNW Group/Nevada Sunrise Metals Corporation)

  • Resource Stock Digest ("RSD"): The services provided by RSD to the Company relate to banner advertising. The Company is an RSD Website Sponsor at a cost of USD$10,000 per quarter, and had a Featured Company Banner on the RSD website in August 2022 and in September/ October 2022 , at a cost of USD$25,000 per instance. RSD conducts interviews with the Company and produces its own content that is distributed to RSD's subscriber base.

  • Investing News Network ("INN"): INN provides marketing services and an ongoing lead generation campaign, at an annual cost of CAD$20,000 until May 2023 . INN provides commodity-specific information and profiles issuers. The Company is featured on the INN website, and approximately once per quarter INN distributes one company-issued news release to its subscriber base. Under the current agreement, INN also conducts and publishes interviews with the Company.

  • CEO.ca: The Company subscribes to an Executive Advertising Package, which commenced in August 2022 for a 6-month term at a cost of CAD$95,000 . CEO.ca posts banner advertisements for Nevada Sunrise on the CEO.ca website, and the Company will be featured once during the term of the agreement as a sponsor of CEO.ca's Chairman's Briefing weekly newsletter. CEO.ca also distributes the Company's news releases and provides monthly updates regarding viewership on the CEO.ca website that is specific to Nevada Sunrise.

  • 51 Media Ltd.: The Company engaged 51 Media Ltd. and its principal Jason Powell in March 2022 to undertake corporate development, communications services and administrative duties at a cost of CAD$5,000 per month, for an unspecified term that can be terminated by either party at any time. 51 Media Ltd. communicates with analysts, brokers, investors and other investment professionals and assists in the ongoing maintenance of the Company's marketing materials, including its website.
About Nevada Sunrise

Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, BC , Canada , that holds interests in lithium, gold, copper and cobalt exploration projects located in the State of Nevada, USA .

Nevada Sunrise owns 100% interests in the Gemini and Jackson Wash lithium projects, both of which are located in Esmeralda County, NV. The Company owns Nevada water right Permit 86863, located in the Lida Valley basin, near Lida, NV.

The Company's key gold asset is a 20.01% interest at the Kinsley Mountain Gold Project ("Kinsley Mountain") near Wendover, NV. Kinsley Mountain is a joint venture with Copaur Minerals Inc. ("Copaur"), following the completion of a plan of arrangement between Copaur and the Company's former joint venture partner, New Placer Dome Gold Corp.  Kinsley Mountain is a Carlin-style gold project hosting a National Instrument 43-101 compliant gold resource consisting of 418,000 indicated ounces of gold grading 2.63 g/t Au (4.95 million tonnes), and 117,000 inferred ounces of gold averaging 1.51 g/t Au (2.44 million tonnes), at cut-off grades ranging from 0.2 to 2.0 g/t Au 1 .

1 Technical Report on the Kinsley Project, Elko County, Nevada, U.S.A., dated June 21, 2021 with an effective date of May 5, 2021 and prepared by Michael M. Gustin, Ph.D., and Gary L. Simmons, MMSA and filed under New Placer Dome Gold Corp.'s Issuer Profile on SEDAR ( www.sedar.com ).


Nevada Sunrise has the right to earn a 100% interest in the Coronado VMS Project, located approximately 48 kilometers (30 miles) southeast of Winnemucca, NV. The Company owns a 15% interest in the historic Lovelock Cobalt Mine and the Treasure Box copper properties, each located approximately 150 kilometers (100 miles) east of Reno, NV , with Global Energy Metals Corp. holding an 85% participating interest.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Nevada Sunrise Metals Corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2022/25/c6324.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×