Prismo Metals

What Prismo Metals does

Prismo Metals Inc. is a growth-stage mineral exploration company incorporated in British Columbia, Canada and headquartered in Vancouver at 1110-1111 Melville Street. The company acquires, explores, and develops precious and base metal projects, currently holding four assets: the 1,420-hectare Hot Breccia Copper Project, the 125-hectare Silver King Project, and the Ripsey Project in Arizona's Copper Belt, together with the 22.8-hectare Palos Verdes Project in the Pánuco-Copala silver-gold district of Sinaloa, Mexico. Prismo went public on the Canadian Securities Exchange in September 2020 under ticker PRIZ (CAD $575,000 IPO at $0.125/share) and subsequently dual-listed on the OTCQB (PMOMF, July 2022) and Frankfurt Stock Exchange (7KU, April 2024). Following the January 2026 transaction with Infinitum Copper, Prismo controls 95% of Hot Breccia with an irrevocable option on the residual 5%.

Prismo's exploration toolkit combines conventional methods — HQ-core diamond drilling, ZTEM airborne geophysics, LiDAR surveys — with third-party AI-assisted data analysis (Windfall Geotek, engaged August 2025 at Hot Breccia). Reported drill and assay results include Palos Verdes intercepts of 102 g/t gold and 3,100 g/t silver over 0.5 meters (11,520 g/t AgEq), Silver King historic production of nearly 6 million ounces at 21-61 oz/ton silver with copper grades reaching 6.02%, Hot Breccia assays up to 5.69% copper, and Ripsey sampling returning up to 15.85 g/t gold and 276 g/t silver. The Silver King property sits only 3 km from the Resolution Copper project (BHP/Rio Tinto JV), the world's largest unmined copper deposit.

Prismo is pre-revenue: it generates no operating revenue from mineral production and finances exploration entirely through equity (cumulative disclosed raises of roughly CAD $7.5M since the 2020 IPO across at least six private placements and warrant exercises). Its go-to-market is event-driven and investor-relations-led: PDAC, VRIC, and similar mining conferences, monthly newsletters, news releases, and webinars targeting retail and institutional mining investors. The strategic monetization pathway is joint venture, option, or outright sale of properties to producing miners; Vizsla Silver Corp. is the most material counterparty, having invested CAD $2.0M in January 2023, holding a right of first refusal on Palos Verdes, and sitting on a Joint Technical Committee for Pánuco district exploration.

Name

Prismo Metals

Legal name

Prismo Metals Inc.

Website

https://prismometals.com

Company type

Public

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Prismo Metals is a growth-stage Canadian mineral exploration company advancing four precious and base metal projects in Arizona's Copper Belt and Mexico's Pánuco-Copala district. The pre-revenue public company pursues discovery, joint venture, or sale transactions with major mining partners.

Ownership category

akta.pro rank

Product category

Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (21222), Copper, Nickel, Lead, and Zinc Mining (21223)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

Keywords

• Mineral exploration services
• Copper mining exploration
• Precious metals exploration
• Junior mining company
• Silver gold exploration

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Mineral Exploration: Pre-revenue exploration stage company. Revenue will be generated through discovery and development of economic mineral deposits, with potential for joint ventures, option agreements, or outright sales to larger mining companies.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Prismo Metals is a junior mining exploration company that acquires, explores, and develops precious and base metal mineral properties. It currently holds four exploration-stage projects: the Hot Breccia copper project (1,420 ha) and Silver King silver-copper project in Arizona's Copper Belt, the Ripsey gold-silver-copper project in Arizona, and the Palos Verdes silver-gold project (22.8 ha) in Sinaloa, Mexico. The company generates long-term value through discovery of economic mineral deposits and monetizes them via joint ventures, option/farm-out agreements, or outright sales to larger mining companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Hot Breccia Copper Project Flagship copper exploration property comprising 1,420 hectares in Arizona's Copper Belt, advanced through diamond drilling, ZTEM surveys, and AI-assisted targeting in partnership with Windfall Geotek. Targeted at major copper porphyry discovery for joint venture or sale to senior mining companies.
• Silver King Project Historic silver-copper mine covering 125 hectares with antimony potential, situated only 3 km from Resolution Copper. Exploration target offering exposure to a world-class copper-silver district with existing infrastructure and permitting pathways.
• Ripsey Project Historic gold-silver-copper producer in Arizona comprising patented claims approximately 20 km west of Hot Breccia. Exploration-stage asset with documented high-grade sampling, acquired in 2025 as part of portfolio expansion.
• Palos Verdes Project 22.8-hectare precious-metal property located in the historic Pánuco-Copala silver-gold district in southern Sinaloa, Mexico. Bonanza-grade drill intercepts, with Vizsla Silver holding right of first refusal as part of a strategic investment and joint technical committee.

Quantifiable outcome

• High-grade silver assays up to 177 g/t at Silver King Crown target
• +5 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Blade ResourcesminorStrategic or Co-development Partner · 27 February 2026Strategic transaction announced to advance Hot Breccia toward drilling through a partnership with Blade Resources.
• Infinitum CoppercoreStrategic or Co-development Partner · 9 January 2026Infinitum Copper reduced its stake in the Hot Breccia copper project from 25% to 5% while Prismo secured an irrevocable option to acquire the remaining stake. The transaction involves a CAD 185,000 cash payment and assumption of approximately CAD 54,000 in obligations, with closing expected around January 16, 2026. This restructuring positions Prismo for potential full control of the Hot Breccia project.
• Vizsla Silver Corp (Joint Technical Committee)coreStrategic or Co-development Partner · 26 April 2023Joint Technical Committee formed with Dr. Peter Megaw, Dr. Jose Velador (VP Exploration of Vizsla), and Dr. Craig Gibson (Prismo's Chief Exploration Officer) to oversee Panuco District Exploration including the Palos Verdes project.
• Vizsla Silver CorpcoreStrategic or Co-development Partner · 9 January 2023Vizsla Silver made a strategic investment in Prismo including a $500,000 cash payment and issuance of $1.5 million in Vizsla shares for 4,000,000 units of Prismo. The agreement granted Vizsla the first right of refusal on the Palos Verdes concession and led to formation of a Joint Technical Committee for Panuco District Exploration. Vizsla also gained the right to nominate one director to Prismo's board and maintain equity percentage in future financings.
• Prospeccion Y Desarrollo Minero Del Norte (ProDeMin)coreImplementation/ SI/ Consulting Partner · 7 May 2019Option agreement effective May 7, 2019, to earn up to 75% interest in the Palos Verdes Property. ProDeMin is a Mexican exploration contracting company controlled by Dr. Craig Gibson, Prismo's CEO. The company conducted initial drilling (2018) and provided technical expertise for the Palos Verdes project.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Skeena Resources: Skeena Resources is an emerging gold-silver developer in BC, associated with the Snip deposit that Prismo director Allan Frame was historically connected to. It is a useful emerging-player benchmark for North American junior precious-metals project financing and M&A.
• Tocvan Ventures: Tocvan Ventures is a small-cap gold-silver explorer in Sonora, Mexico, similar in scale and stage to Prismo. It serves as an emerging-player comparable for junior precious-metals exploration economics and capital raise structure in Mexico.

Broad incumbents

• Garibaldi Resources Corp: Garibaldi Resources is a Canadian junior explorer in BC and Mexico where Prismo's CEO Dr. Craig Gibson sits as a director. It is a broader-incumbent peer with overlapping management, providing a public-market comparable for capital allocation and dilution profile in junior exploration.
• First Majestic Silver: First Majestic Silver is a mid-tier silver producer with multiple operations in Mexico, including near Pánuco. It serves as a broader-incumbent benchmark for the regional Mexican silver mining economics that Palos Verdes could ultimately feed into.
• Capstone Copper: Capstone Copper is a mid-tier copper producer with Arizona assets (Pinto Valley). It represents a broader-incumbent peer and potential acquirer benchmark for the Arizona Copper Belt assets in Prismo's portfolio.

Direct peers

• SilverCrest Metals: SilverCrest Metals is a high-grade silver-gold developer in Mexico (Las Chispas), offering a comparable precious-metals growth profile in Mexico and a recent takeout reference point (acquired by Coeur Mining) for the type of asset Prismo is exploring for at Palos Verdes.
• Arizona Sonoran Copper Company: Arizona Sonoran Copper is a copper developer in the Arizona Copper Belt (Cactus Project), operating in the same tier-one copper jurisdiction as Prismo's Hot Breccia and Silver King assets. It represents a more advanced benchmark for Arizona copper exploration economics and M&A comparables.
• Vizsla Silver Corp: Vizsla Silver is a silver-gold developer in the Pánuco-Copala district of Sinaloa, Mexico, directly adjacent to Prismo's Palos Verdes project. It is also a strategic shareholder and joint technical committee partner, making it both a peer and a partner for benchmarking discovery economics in the same district.
• MAG Silver Corp: MAG Silver is a silver-focused developer with assets in Mexico (Juanicipio, with Fresnillo). It is a relevant peer for Prismo's Panuco district silver exposure and provides a benchmark for valuation of high-grade Mexican silver assets.
• Infinitum Copper Corp: Infinitum Copper is a copper exploration peer in Arizona and was Prismo's joint-venture partner at the Hot Breccia project, with its stake reduced to 5% in January 2026. It is a directly comparable Arizona copper junior with similar project scale and stage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PrismoMetals

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prismo Metals