Pinnacle Receives Positive Results from Preliminary Metallurgical Tests at El Potrero with Average of 95.09% Gold Recovery

Core Viewpoint - Pinnacle Silver and Gold Corp. announced positive preliminary metallurgical test results for the El Potrero gold-silver project, highlighting gold recoveries of up to 96.79% and an average of 95.09%, indicating strong potential for the project [1][2]. Metallurgical Testing Results - The preliminary metallurgical tests showed high gold recoveries with an average of 95.09% from three samples, while silver recoveries were more variable, averaging 54.68% [2][4]. - Initial gravity tests yielded gold recoveries ranging from 29.1% to 76.38% and silver recoveries from 3.98% to 15.91% [2][8]. - The tests indicated a need for further mineralogical analysis to optimize recovery processes, particularly for silver [1][2]. Sample Analysis - Three samples from the Pinos Cuates mine were analyzed, with each sample weighing approximately 25 kg and subjected to fire assay for gold and silver [1][2]. - The presence of a nugget effect was suggested by variations in gold analyses between channel and metallurgical samples [1][2]. Project Location and Potential - The El Potrero project is located in the Sierra Madre Occidental region of Mexico, near several operating mines, indicating a favorable mining environment [11][12]. - The property has significant exploration potential as it has not been systematically explored by modern methods for nearly 40 years [12]. Future Development Plans - The company plans to refurbish a previously operational 100 tpd plant at a relatively low cost to achieve near-term production once permits are secured [13]. - Pinnacle aims to earn an initial 50% interest upon commencing production, with plans to increase ownership to 100% through generated cash flow [14]. Company Overview - Pinnacle Silver and Gold Corp. focuses on developing precious metals projects in the Americas, with a commitment to building long-term value for shareholders [15].