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Silverco Mining offers imminent producer status and exceptional leverage to silver prices through an aggressive dual-track growth strategy in Mexico. With resources comprised of more than 85 percent silver, the company provides a direct conduit to silver-dominant cash flow, representing a significant valuation re-rating opportunity. The portfolio is anchored by the past-producing Cusi Mining Complex—which was operational as recently as 2023—and the transformational acquisition of the currently producing La Negra mine. This transition from developer to multi-asset producer is underpinned by a robust balance sheet and a management team with a proven institutional pedigree in mine execution and capital markets.

Overview

Silverco Mining (TSXV:SICO) is an operational-stage silver company focused on the Sierra Madre Occidental belt of Mexico. The company’s core technical strategy involves the optimization of the 100-percent-owned Cusi Mining Complex in Chihuahua, an 11,665-hectare district-scale land package. The asset is supported by institutional-grade infrastructure, including direct connection to the national power grid and paved road access, which drastically reduces the capital intensity of the production restart.

Map of mining sites in Chihuahua, Mexico, showing silver projects and companies including Silverco Mining

The company is executing a definitive shift toward mid-tier producer status through a binding agreement to acquire Nuevo Silver. This transaction provides Silverco with control over the La Negra mine in Querétaro, an asset that is currently producing and provides immediate top-line revenue. By combining the near-term restart of the Cusi 1,200 tpd mill with the existing production at La Negra, Silverco is bypasssing the traditional multi-year development cycle typically associated with junior miners. This ‘buy-and-build’ approach is led by a technical team with specific expertise in Mexican epithermal vein systems and complex underground mine engineering.

Company Highlights

  • The $62.5 million upsized bought deal financing (closing Q1 2026) and Eric Sprott’s $10 million lead order provide cornerstone validation from a legendary mining investor and the necessary liquidity to fast-track production restarts.
  • The updated Mineral Resource Estimate of 41.2 million ounces of silver equivalent (AgEq) in the Measured and Indicated category establishes a high-confidence geological foundation at Cusi, supporting long-term mine planning.
  • The dual-track growth strategy involving the Cusi restart and the Nuevo Silver/La Negra acquisition provides immediate production scale and a diversified cash-flow profile across two distinct Mexican mining jurisdictions.
  • Pure-play silver exposure with significant de-risking is achieved via the 1,200 tonne-per-day (tpd) Cusi mill, which was producing as recently as 2023, ensuring that surface infrastructure is ‘warm’ and capable of a rapid return to service.
  • Imminent exploration catalysts exist following the completion of a 15,000-metre drill program at Cusi; results are currently pending and are expected to define high-grade extensions at the San Miguel vein.

Key Project: Cusi Mining Complex

Map of Silverco Mining

The Cusi Mining Complex is a fully permitted, underground silver-lead-zinc-gold operation. Historically, the project has been a silver-pure play, with approximately 85% of revenue derived from silver. Located 135 kilometres west of Chihuahua City, the complex consists of multiple historic mines and a centralized processing facility.

January 2026 Mineral Resource Estimate

Category

Tonnes (M)

Grade (g/t AgEq)

Contained Metal (M oz AgEq)

Measured & Indicated

4.89

262

41.2

Inferred

4.07

243

31.8

Development Status

The current operational focus is the completion of technical and financial milestones required to return the 1,200 tpd mill to full capacity. Silverco recently concluded a 15,000-metre diamond drilling campaign targeting the San Miguel vein and downthrown structural extensions.

Final results from this program are pending and will be integrated into optimized mine restart studies. The company is prioritizing high-grade resource growth and operational optimization to maximize margins in the current silver price environment.

Management & Board

Leadership Team

Mark Ayranto – President, CEO, and Director

Mark Ayranto is a seasoned mining executive with extensive experience in the full life cycle of mine development, from initial advancement through to operational execution.

Sean Fallis – CFO

Sean Fallis is a CPA, CA with a background in senior financial leadership across NYSE, Nasdaq, and TSX-listed firms, specializing in large-scale M&A and corporate finance.

Nico Harvey – Vice-president, Project Development

Nico Harvey is a mining engineer providing technical oversight for both underground and open-pit operations, with a focus on mine planning and project optimization.

Carlos Beltran – Exploration Manager

Carlos Beltran is a specialist in Mexican epithermal systems whose career includes significant involvement in major silver-gold discoveries and resource expansions.

Aaron Ramirez – Administration Manager

Aaron Ramirez manages supply chain and logistics with nearly 20 years of experience supporting international mining operations within Mexico.

Board of Directors

Ricardo Trejo – Project Manager

Ricardo Trejo has over 20 years of experience in management, engineering and operations at multiple mine sites across Mexico. He was most recently the head of mining operations and engineering at Coeur’s Palmarejo

Gary Brown – Director

Gary Brown brings elite institutional credibility as the former CFO of Wheaton Precious Metals for 17 years, where he oversaw the company’s transition into a global precious metals powerhouse.

Gregg Bush – Director

Gregg Bush is a metallurgical engineer with 40 years of experience in international M&A, feasibility studies, and the engineering of large-scale mining infrastructure.

Tim Sorensen – Director

Tim Sorensen is an institutional equity specialist with 25 years in the mining sector; currently the CEO of TSCG Capital, a mining-focused merchant bank.

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Sigma Lithium (TSXV:SGML,NASDAQ:SGML) has secured another large-scale sale of high-purity lithium fines and activated a production-backed revolving credit facility as it ramps up operations in Brazil.

The lithium producer announced it has agreed to sell 150,000 metric tons (MT) of high-purity lithium fines containing 1 percent lithium oxide at a net final price of US$140 per MT upon warehouse delivery at the port of Vitória.

The buyer has the option to purchase a further 350,000 MT at market prices.

Sigma, which refers to the high-purity fines as a low-grade product, said the optional volumes provide flexibility to respond to market conditions and customer requirements.

According to the company, the sale of its low-grade product could generate proceeds equivalent to the sale of 70,000 MT of its high-grade lithium oxide concentrate. Sigma attributes the marketability of the fines to the processing technology at its Greentech plant, which uses dense media separation and dry stacking.

According to the São Paulo-based company, clients have achieved up to 60 percent recovery when reprocessing the material, producing lithium concentrate with over 4 percent lithium oxide content.

That higher-grade concentrate is currently priced at about US$1,370 per MT on average by Shanghai Metals Market.

“Our sequential sales of the Low Grade Product show how this material can generate recurring value, demonstrating its marketability,” said Marina Bernardini, Sigma vice president of business development. “Continuous demand for the Low Grade Product has supported the creation of an additional revenue stream for the Company.”

The February 13 agreement follows Sigma’s January sale of 100,000 MT of high-purity lithium fines.

At the time, the company reiterated that mining remobilization was proceeding as planned and pushed back against what it described as inaccurate media reports regarding an administrative process related to waste piles.

Alongside the new sale, Sigma confirmed that the resumption of production of its high-grade lithium oxide concentrate has triggered the start of pre-payments under a US$96 million revolving facility.

The unsecured binding agreement, signed with what the company describes as a leading company in the battery materials supply chain, calls for the delivery of 70,500 MT of high-grade concentrate in 2026.

Under the terms, fixed pre-payments of US$8 million are made 30 days prior to production and delivery to the port of Vitória. The first pre-payment was disbursed on January 13.

Each pre-payment carries interest at SOFR plus 1 percent for 30 days until final sale upon delivery. Pricing for each shipment is tied to prevailing spot market prices for high-grade lithium concentrate, as reflected in major industry indexes.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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With less than nine months before a politically bruising battle in the November midterm elections, the realities of a one-seat majority are bearing down on the House GOP.

Speaker Mike Johnson, R-La. — and by extension, President Donald Trump — faced back-to-back losses on the House floor last week after a small group of GOP rebels joined Democrats in an effort to curb Trump’s unilateral tariff authority.

It’s part of a growing trend that comes with a razor-thin House majority, and moderates making a choice between appealing to their battleground district voters and following the president in a year when history dictates the opposing party will fare better in the coming elections.

‘Getting things done in Washington can be tough enough as it is,’ veteran GOP strategist Doug Heye told Fox News Digital. ‘Add to that a super slim majority and the shortened legislative calendar of an election year, and it’s tough to see much happening legislatively through the rest of the year.’

Last Tuesday, House GOP leaders tried to insert language into an unrelated procedural vote aimed at blocking Democrats from forcing consideration of a bill aimed at limiting Trump’s ability to levy tariffs on Canada without consent from Congress.

That failed, however, after three Republicans joined Democrats in sinking that procedural vote — Reps. Kevin Kiley, R-Calif., Don Bacon, R-Neb., and Thomas Massie, R-Ky.

‘I think it was not unexpected, and certainly we’ve got to find a new course to chart now,’ one House Republican granted anonymity to speak freely told Fox News Digital.

‘This is going to change the dynamics of the type of legislation we’re going to see, and the type of political posturing the Democrats are going to do the next nine months. So we’ve got to come up with a better strategy.’

But Republicans who spoke with Fox News Digital largely did not blame Johnson, arguing he was doing his best with the circumstances in front of him. Instead, much frustration was aimed at their fellow GOP lawmakers who dissented.

The move not only paved the way for a vote on Trump’s Canada tariffs, but opened the door to allowing Democrats to force a vote on tariffs targeting other countries as well.

‘A lot of people were disappointed with how that went, with the actors who voted no’ rather than House leadership, a second House Republican said.

They pointed out that the following day would bring a vote on Trump’s tariffs themselves — a politically tricky situation for people in vulnerable seats.

‘I get the overall idea about tariffs. That’s not the vehicle to vote no on and put a lot of our moderates in jeopardy, and that’s exactly what happened,’ the second GOP lawmaker said.

A third House Republican said there was ‘frustration that they aren’t playing team ball like they used to, and we need them to.’

But not everyone agreed. Rep. Eli Crane, R-Ariz., a member of the conservative House Freedom Caucus, told Fox News Digital, ‘I actually like when they put bills on the floor, even if they don’t have the votes…it gives the American people a chance to see where their representatives stand. And far too often, the calculus is, well, we’re not gonna put it on the floor if we don’t think it has the votes.’

‘A lot of the American people don’t even know where their reps stand, because this whole place is designed to shield members from taking votes,’ Crane said.

He added of Johnson’s leadership, ‘I think it’s one of the hardest jobs you can have. I’ve been critical of the speaker in the past, but what he’s working with, I think he’s doing a good job.’

Democrats did successfully force a vote on ending Trump’s emergency at the northern border the following day, which if passed in the Senate and signed into law would effectively roll back his Canada tariffs. 

Three more Republicans — Reps. Brian Fitzpatrick, R-Pa., Jeff Hurd, R-Colo., and Dan Newhouse, R-Wash. — joined the original trio in voting to pass the measure, even despite Trump vowing political ‘consequences’ for those who dissented.

It’s almost certain that Trump would veto the resolution if it gets to his desk, but it’s an example of a situation that is increasingly likely to happen as the midterms draw closer.

Bacon and Newhouse, for example, are not running for re-election. Fitzpatrick and Hurd are running in battleground districts where their independence from the party line could be critical to their survival — and Republicans’ overall chances of keeping the House.

Trump is already targeting Massie with a primary challenge, and Kiley has not yet said what his plans are for November after California Democrats badly disadvantaged him with a new congressional map.

‘I think you’re going to see some moderate Republicans try to distinguish themselves as being independent voters or independent thinkers … and this is a way to do it,’ John Feehery of EFB Advocacy, who served as press secretary to former Republican House Speaker Dennis J. Hastert, told Fox News Digital.

‘And the tariffs are not uniformly popular amongst the Republican conference. I mean, most Republicans would probably want to vote with those guys. But they don’t want to undermine the president as he’s negotiating.’

Republicans are currently dealing with a one-seat majority until mid-March, when a special election for the seat vacated by former Rep. Marjorie Taylor Greene, R-Ga., is likely to get another GOP lawmaker into the House.

But the April race for a blue-leaning seat to replace New Jersey Gov. Mikie Sherill could bring the margin back down. Republicans would then not likely see relief until August, when a special election will be held to replace late Rep. Doug LaMalfa, R-Calif.

And Feehery said Democrats’ unwillingness to work with Trump will likely keep much of the president’s agenda from succeeding in Congress this year.

‘It doesn’t look to me like the Democrats have any interest in giving Trump any kind of legislative victory, so that makes it very difficult. I mean, [House Minority Leader Hakeem Jeffries, D-N.Y.], he doesn’t really want to work with Trump at all, and so it’s going to pretty much scale back the ability for Republicans to get much done for the rest of the year,’ he said.

‘And the other situation is that the Senate, they’re not going to get 60 votes for a lot of things, so it just makes the agenda itself pretty slim.’

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Sen. Mark Kelly, D-Ariz., has confirmed he will ‘seriously consider’ a run for president in 2028, opening the door to a potential White House bid.

Kelly’s comments to the BBC Feb. 16 came as he remains locked in a legal and political battle with the Trump administration.

In an interview, the retired Navy captain and former astronaut made clear he has not yet decided whether to launch a campaign but confirmed the idea is under consideration.

‘I have people talk to me about it all the time, but we have an election in 2026 that I’m really worried about. We’ve got to get through that first. I will make a decision.’

Kelly emphasized that any choice would involve discussions with his wife, Gabrielle Giffords, their daughters and his identical twin brother, also a former astronaut.

‘You know, with my wife, Gabby, with my two daughters, and my brother, I have a twin brother who was also an astronaut. Think about for a second how this would affect him. We’re identical twins,’ he said.

‘So you know, I’ll seriously consider this, because we are in some seriously challenging times right now,’ Kelly added.

Kelly’s comments came within days of two major developments in his standoff with the administration.

As previously reported by Fox News Digital, a federal judge blocked the Pentagon from demoting him Feb. 12 over a controversial video about ‘illegal orders.’

A grand jury declined to indict him and five other Democratic lawmakers on seditious conspiracy charges.

The dispute is over a 90-second video Kelly recorded with fellow Democratic lawmakers reminding U.S. service members that they are not obligated to follow ‘illegal’ commands.

‘Our laws are clear,’ Kelly said in the clip. ‘You can refuse illegal orders.’

President Donald Trump had labeled the video ‘seditious behavior’ and suggested the lawmakers be arrested.

The Justice Department sought indictments, but a grand jury refused to bring charges.

War Secretary Pete Hegseth had also moved to initiate retirement-grade determination proceedings against Kelly, potentially reducing his rank as a retired Navy captain and cutting his retirement pay.

Kelly sued, arguing the action was unconstitutional retaliation for protected speech.

U.S. District Judge Richard Leon agreed to temporarily block the demotion, writing that the administration had likely violated Kelly’s First Amendment rights and warning against ‘shrinking the First Amendment liberties of retired service members.’ Hegseth has vowed to appeal.

‘This will be immediately appealed,’ Hesgeth wrote in the post. ‘Sedition is sedition, ‘Captain.’’

In the Feb. 17 interview with the BBC, Kelly also reflected on his career.

‘I don’t know if I would be the best person in this job. I am a lot different than most of these other 100 senators there are,’ he said.

‘I’m one of the very few engineers. I’m the only person with a graduate degree in engineering in the United States Senate. I’ve got combat experience that’s kind of rare,’ Kelly explained.

‘I spent 25 years in the military. I didn’t start out in some state legislature somewhere. I don’t think of myself as a politician. I’m a Navy pilot who was so fortunate and so lucky, in fact, that I had the opportunity to fly this incredible spaceship, you know, four times and back.’

Kelly also struck a note of humility about a possible White House run.

‘I never thought I’d find myself here. So I will obviously think about this. It’s a serious decision. I just haven’t made it yet, he added.

Fox News Digital has reached out to Kelly’s office for comment.

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Senate Republicans say they’ve struggled to get out on the campaign trail ahead of the midterm elections — and Senate Majority Leader John Thune, R-S.D., argues Democrats are to blame.

‘Their whole goal, and everything is to, you know, force us to stay around, force us to try and get members to take hard votes and just to tie people down so that they can’t be back campaigning,’ Thune told Fox News Digital.

Thune had just left a local furniture store in Sioux Falls, S.D., where he touted the economic benefits of the bill, which largely extended Trump’s tax cuts from his original 2017 tax bill, along with making tweaks to the tax code that lawmakers believe would directly benefit small businesses.

There, he noted that the owners of Montgomery’s told him, ‘If people had discretionary income out here, they spend it.’

That was the crux of the colossal bill Republicans rammed through Congress last year. In effect, it was a direct response to the pocketbook issues that largely drove the 2024 election cycle and propelled the GOP to a trifecta of federal control in Washington, D.C.

But time and again, Schumer and his caucus made it difficult for the GOP to get that message out, let alone leave the Capitol, Thune contended. Each day counts during campaign season, and canceling a travel plan or nixing an event can add up for Republicans seeking to stay in power.

The latest example is the now-four-day partial government shutdown, where an end doesn’t seem to be in sight as Senate Democrats and the White House engage in ongoing negotiations to fund the Department of Homeland Security (DHS).

While this closure hasn’t affected lawmakers’ travel plans — Thune has reminded the Senate to be ready at a moment’s notice should a deal be reached — the previous 43-day shutdown blew up any plans for lawmakers to get out and communicate with voters.

Then there was a carte blanche blockade against Trump’s nominees last year, too, that saw Thune cancel a portion of August recess. That time, particularly ahead of a midterm election cycle, is used by lawmakers to gin up early support for their reelection campaigns.

‘Right now for [Democrats], it’s just all about — everything’s all about politics and making it, you know, really hard for our incumbents who are running for reelection,’ Thune said.

Republicans see their ability to sell the ‘big, beautiful bill’ as crucial to their election survival in November.

And once again, the cost of living and how the Trump administration has dealt with inflation will yet again be a prominent factor in the upcoming election, Thune said.

‘I think most voters are, you know, especially the voters that are going to decide probably who controls the House and Senate after November, are going to be kitchen table-type, pocketbook … the bread and butter issues,’ Thune said. ‘They’re economic voters, and so inflation is going to matter, and having more money in their pockets is going to matter.’

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An American was sentenced Tuesday to four years in jail in Russia for allegedly trying to fly out of an airport in Moscow with the stocks of Kalashnikov assault rifles in his suitcase, a report said. 

The unnamed U.S. citizen, who collects Kalashnikov weapons, did not make a customs declaration after purchasing two stocks and checking a suitcase containing the items at Moscow’s Vnukovo airport, Reuters reported, citing the RIA Novosti state news agency. 

He later was found guilty under an article of Russian criminal code relating to the smuggling of weapons, it added. 

Fox News Digital has reached out to the State Department for comment.

Russian state media is also claiming the American partially admitted guilt, according to Reuters. 

The State Department warns Americans not to travel to Russia ‘for any reason due to terrorism, unrest, wrongful detention and other risks.’

‘The U.S. Embassy in Moscow has limited ability to assist in the case of a detention of a U.S. citizen. There is no guarantee that the Russian government will grant the U.S. Embassy consular access to detained U.S. citizens,’ the State Department said. ‘U.S. citizens may serve their entire prison sentence without release. The risk of wrongful detention of U.S. citizens remains high. Even if a case is determined wrongful, there is no guarantee of release.’  

‘Russian officials often question and threaten U.S. citizens without reason. Russian security services have arrested U.S. citizens on false charges,’ it added. They have denied them fair treatment and convicted them without credible evidence. Russian authorities have opened questionable investigations against U.S. citizens for their religious activities.’ 

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(TheNewswire)

Prismo Metals Inc.

Vancouver, British Columbia TheNewswire – February 16th, 2026 Prismo Metals Inc. (the ‘Company’) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to invite investors and other interested parties to attend the Company’s upcoming live webinar presentation and audience Q&A on February 26th at 1:00 pm PST (4:00 pm EST).

CEO Alain Lambert and Chief Exploration Officer Dr. Craig Gibson will discuss Prismo’s upcoming drill program at its Silver King project located near the town of Superior, Arizona.

The webinar will be a live, interactive online event where attendees can ask the presenters questions following management’s presentation. A recording will be available for those who cannot join the live event.

Presentation Date & Time: Thursday February 26th, @ 1 PM PST / 4 PM EST

Webcast Link: https://us06web.zoom.us/j/82341038966?pwd=QL8lbCPybL9SPLOPy7b8YWOdeack2u.1

Passcode: 821459

Recent Management Interviews

Consistent with its desire to keep investors informed of the latest developments of the Company, Prismo is pleased to share the latest interviews with management which were published on the last couple days:

Interview with Martin Gagel of Radius Research:

Interview with Cory Fleck of Korelin Economics Report:

https://www.kereport.com/2026/02/16/prismo-metals-silver-kings-project-upcoming-maiden-drill-program-overview/

Alain Lambert, CEO of Prismo commented: ‘Following our announcement on February 12th that we have received formal permit approval from the U.S. Forest Service to proceed with our fully funded drill program at Silver King, Craig and I did two interviews in which we explain in detail the upcoming drill program. We are pleased to share these interviews with our shareholders and potential investors as we feel it will give them a clear picture of the drill plan and expectations regarding assay results and next steps.’

On February 12th, the Company also announced that it had engaged Godbe Drilling LLC to conduct this Phase 1 drilling program. Godbe Drilling LLC is a Colorado-based family-owned diamond core drilling and mineral exploration business with extensive operating experience in the southwestern United States, including Arizona. Finally, the financing announced in the Company’s January 16th, 2026 news release has been completed for an amount of $147,500 as per the terms and conditions detailed in that news release.

About Silver King

Discovered in 1875, the Silver King mine is one of Arizona’s most important historical producers, yielding nearly 6 million ounces of silver at grades of up to 61 oz/t. Selected samples from small-scale production in the late 1990s returned historical grades as high as 644 oz/t silver (18,250 g/t) and 0.53 oz/t gold (15 g/t). Additionally, the presence of freibergite (AgCuSbS) suggests a potential for antimony, a critical mineral with growing strategic demand.

Strategic Location

The Silver King mine sits only 3 km from the main shaft of the Resolution Copper project — a joint venture between Rio Tinto and BHP and recognized as one of the world’s largest unmined copper deposits.(1) This unique land position is fully surrounded by Resolution Copper’s claim block, offering strategic upside.

The Silver King mine was discovered in 1875 and produced as much as 10,000 ounces per ton silver in near surface workings.(2) Underground production through 1889 is estimated at almost 6 million ounces of silver at grades of between 61 and 21 ounces per ton. During a second period of production from 1918 to 1928, 230,000 ounces were produced at a grade of 18.7 ounces per ton.  No significant production has occurred after 1928.  

Silver King is a steeply west-dipping pipelike stockwork and breccia zone that was mined on eight levels to about 300 meters depth below a glory hole at the surface. The pipe is described as a dense stockwork with local breccia zones and a quartz core, and that due to variations in mineralogy, much of the upper portion of the body has not been mined(3). The current owners from whom the Company has optioned the project rehabilitated the main shaft in the late 1990s, opened the upper levels of the mine and produced a small tonnage. Assay certificates from this period show selected samples with 400 to 600 ounces per ton silver with 0.2-0.5 oz/t gold and some base metals. Virtually no modern exploration has been carried out at the mine providing significant exploration upside and multiple drill targets.  

With respect to the Resolution deposit, the QP has been unable to verify the information, and the information is not necessarily indicative to the mineralization on the Silver King property.

  1. (2)Galbraith, F, 1935, Geology of the Silver King area, Superior, Arizona, Univ. of Arizona thesis, 153p plus plates. 

  2. (3)Blake, W.P., 1883, Description of the Silver King Mine, Arizona, New Haven, 48p plus plates. 

  3. (5)Briggs, D. 2015, Superior, Arizona: An old mining camp with many lives, Ariz. Geol Survey Contributed Report CR-15-D, 13p. 

Qualified Person

Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release.  The historic data presented in this press release was obtained from public sources, should be considered incomplete and is not qualified under NI 43-101, but is believed to be accurate. The Company has not verified the historical data presented and it cannot be relied upon, and it is being used solely to aid in exploration plans.

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF) is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

Please follow @PrismoMetals on , , , Instagram, and

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6

Phone: (416) 361-0737

 

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com  

 

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. This information and these statements, referred to herein as ‘forward‐looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Hot Breccia.

These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: delays in obtaining or failure to obtain appropriate funding to finance the exploration program at Silver King.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the ability to raise capital to fund the drilling campaign at Silver King and the timing of such drilling campaign.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

 

Copyright (c) 2026 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Former Biden White House press secretary Jen Psaki raised alarm recently about an international ‘web’ surrounding Jeffrey Epstein’s sex-trafficking case, echoing remarks from many Democrats who have seized on the politically expedient topic in the wake of the Department of Justice releasing Epstein’s unclassified case files.

‘It is Trump, yes. … But it is the wealthy, the elites, and basically every faction of the world,’ Psaki, a political analyst for MS Now, said in a video clip. ‘It’s global leaders. It’s people in the business sector. It is people in Hollywood probably, who knows. It is a bunch of people who think that they can get away with anything.’

Democrats have since last year claimed that Epstein’s case has newfound salience because Trump, once among Epstein’s many wealthy friends before Epstein was accused of trafficking underage girls, was, in their view, suspiciously dismissive of the files when he took office.

Republicans have countered, however, that Democrats had full access to the documents for four years under the Biden administration — when Psaki served as the chief White House spokesperson — and neither released them nor uncovered information damaging to Trump. Fox News Digital reached out to Psaki for comment.

Rep. Jamie Raskin, D-Md., ranking member of the House Judiciary Committee, told Fox News Digital claims of Democratic inconsistency ‘are seriously detached from reality’ and pointed to his own investigations dating back to 2019 into former Trump Labor Secretary Alex Acosta’s handling of a 2008 plea deal with Epstein.

Raskin argued the Democratic Party has not shifted, but rather that the Trump administration has.

‘Trump abruptly killed the ongoing federal investigation into Epstein’s co-conspirators when he took office,’ Raskin said, alleging the administration undertook a ‘massive redaction project’ to hide evidence of Trump’s and others’ ties to Epstein.

The DOJ in January released more than three million pages of files but signaled that another three million were withheld because they contained victim information or were protected by various privileges.

‘Democrats have always fought to support an investigation of Epstein’s co-conspirators,’ Raskin said. ‘We have always been on the side of full transparency and justice for the victims.’

House Minority Leader Hakeem Jeffries, D-N.Y., has made similar remarks, saying, ‘All we want is full transparency, so that the American people can get the truth, the whole truth, and nothing but the truth.’

The heightened Democratic push for transparency comes after years during which the party showed more intermittent interest in Epstein’s case, which some Democrats have attributed to the sensitivity of seeking information while Epstein associate Ghislaine Maxwell’s sex trafficking case was pending and while some of Epstein’s victims were pursuing litigation.

But the Democrats’ new, unified fixation on Epstein has come as Republicans have struggled to manage the issue, which has caused intra-party fractures.

The files became a political thorn for the administration after Attorney General Pam Bondi’s chaotic rollout last year of already-public files by the DOJ, which enraged a faction of Trump’s base who had been expecting new information.

The DOJ said at the time that it would not disclose further files because of court orders and victim privacy and said the department found no information that would warrant bringing charges against anyone else. In a turnabout, however, Bondi ordered a review, at Trump’s direction, of Epstein’s alleged connections to Democrats, including former President Bill Clinton.

The president, who was closely associated with Epstein but was never accused of any crimes related to him, also relented to months-long pressure to sign a transparency bill last year that ordered the DOJ to release all of its Epstein-related records within 30 days. Among the most vocal supporters of the bill was former Rep. Marjorie Taylor Greene, R-Ga., which resulted in her highly public falling out with the president, whom she once fervently supported.

The Epstein saga has also plagued the administration because some of Trump’s allies, now in top roles in the DOJ, once promoted the existence of incriminating, nonpublic Epstein files, including a supposed list of sexual predators who were his clients. FBI Director Kash Patel, for instance, said in 2023 the government was hiding ‘Epstein’s list’ of ‘pedophiles.’ But the DOJ leaders failed to deliver on those claims upon taking office.

House Speaker Mike Johnson, R-La., meanwhile, faced accusations from Democrats that he kept the House in recess for about two months in the summer to avoid votes on Epstein transparency legislation. Johnson shot back that Democrats had, in his view, been lax on the Epstein case until Trump took office.

‘We’re not going to allow the Democrats to use this for political cover. They had four years,’ Johnson told reporters at the time. ‘Remember, the Biden administration held the Epstein files for four years and not a single one of these Democrats, or anyone in Congress, made any thought about that at all.’

The House Oversight Committee has also spurred infighting over how Epstein material has been handled, as it has been actively engaged in subpoenaing, reviewing, and releasing large batches of Epstein-related records from both the DOJ and Epstein’s estate.

Committee Republicans have said their Democratic counterparts ‘cherry-picked’ material to release, such as photos featuring Trump and Epstein, and that they ‘keep trying to create a fake hoax by being dishonest, deceptive, and shamelessly deranged.’

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