On the back of a recent $3.1-million financing, a $2-million strategic investment by Vizsla Silver, and property acquisition, Prismo Metals is set to explore and deliver a busy summer of news.
"Our program confirmed the potential for high grade gold mineralization (greater than or equal to 10 g/t Au) on the Trecesson Property and further enhanced.."
Although Gold put in a bearish reversal on Friday and failed to breakout, do not expect the sector (and miners specifically) to begin a significant correction.
Gold’s own driving upleg fueling this big gold-stock surge looks far from spent. Speculators’ gold-futures positioning continues to look bullish, and investors have barely even started buying gold yet. All that is on top of gold miners..
The short-term target is about $2050, but a key long-term chart suggests gold could reach $2200-$2400 before there’s a major reaction. As noted, gold is the currency of kings (and regular citizen champions)...
Of the 29 holes, ten are deep holes which were drilled in different directions towards the Central Valley to define the limit of the gold mineralization system at depth. The remaining 19 holes are shallow..
