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Transaction Announcement Reports
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Project: | Palos Verdes | |
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Deposit: | Palos Verdes | |
Location: | Mexico | |
Commodities: | Gold | |
Date: | 3/11/2020 | |
Report Code: | JORC | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 11-3-2020: Prismo Metals Inc. announces a Supporting Acquisition report for its Palos Verdes deposit at the Palos Verdes project. Summary of property in support of acquisition. The following Technical Report was prepared by Francisco M Carranza (the Autho | |
Resources: | x | |
CP/QP: | [Overall Report]: Francisco Carranza (Independent) | |
ABSTRACT: | The following Technical Report was prepared by Francisco M Carranza (the Author), Certified Professional Geologist (CPG 11933) of the American Institute of Professional Geologists and Qualified Person under NI43-101 requirements, undertaken on behalf of Prismo Metals, Inc. (Prismo or the Company). Prismo has an option to acquire a 75% interest in a certain mining concession known as the Palos Verdes Property (Property or Property) located in the Panuco-Copala mining region, Concordia municipality of Sinaloa State (Fig. 4.1). Prismo contracted the Author, Francisco Manuel Carranza Heredia, to carry out an examination of the property and to prepare this report. This Technical Report was prepared in compliance with NI 43-101. The Technical Report is based in internal and public geologic information, historic data from Servicio Geológico Mexicana (SGM) and other public sources and is an accurate representation of geologic potential of Palos Verdes which the Author visited on April 3, 2019. At the present time the Property is an early stage exploration project and there are no resources or reserves defined at the Property. Work recommended herein was planned by and will need to be supervised by a Qualified Person(s) as defined by NI-43-101. | |
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