Prismo Metals Acquires Historic Silver King and Ripsey Mines in Arizona for $8 Million
ByAinvest
Monday, Jul 7, 2025 10:33 pm ET1min read
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Prismo Metals Inc. has signed option agreements to acquire 100% interest in two historic high-grade precious and base metal mines, the Silver King and Ripsey mines, both located in Arizona's Copper Belt. The Silver King mine has yielded nearly 6 million ounces of silver at grades of up to 61 oz/t, with selected samples returning grades as high as 644 oz/t silver and 0.53 oz/t gold. The Ripsey mine has returned up to 15.85 g/t gold and 276 g/t silver, with no modern exploration conducted. The mines are strategically located near the Resolution Copper project, a joint venture between Rio Tinto and BHP.
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