Pinnacle Identifies Gold-Silver Mineralization at Historic La Dura Mine, Extending Mineralized Horizon to Almost 500 Metres

Core Insights - Pinnacle Silver and Gold Corp. has reported significant sampling results from the historic La Dura mine at the El Potrero gold-silver project in Durango, Mexico, indicating an extension of the mineralized strike length along the Dos de Mayo vein structure to nearly 500 metres, with untested gaps between principal mines [1][3] Group 1: Sampling Results - The La Dura mine features a main adit extending approximately 60 metres along the vein, with two smaller adits collectively known as La Dura 2, which have shown consistent mineralization [2] - Channel sampling has revealed an average grade of 1.98 g/t Au and 98 g/t Ag over a 12 metre strike length, with individual grades reaching up to 4.51 g/t Au and 269 g/t Ag over 0.5 metres [2] - The mineralized zone is only partially exposed, suggesting significant potential for expansion through further mine development and drilling [2][3] Group 2: Exploration Potential - There is approximately 150 metres between La Dura and the Pinos Cuates mine, where previous sampling returned grades of up to 85 g/t Au and 520 g/t Ag over 0.5 metres, indicating further drill testing is warranted [3] - An additional 120 metres of untested strike potential exists between Pinos Cuates and the Dos de Mayo mine, along with over 1,000 metres to the northwest of La Dura, all of which are planned for drill-testing once surface permits are secured [3] Group 3: Geological Context - Surface and underground mapping is currently focused on a north-south trending vein called La Estrella, located approximately 500 metres southwest of the Dos de Mayo trend, which may indicate significant mineralization potential due to the intersection of structural trends [4] - The El Potrero project is situated in the Sierra Madre Occidental, an area known for high-grade gold-silver mineralization within a low sulphidation epithermal breccia vein system [11][12] Group 4: Project Development - The property has a previously operational 100 tpd plant that can be refurbished for near-term production, with the site being road accessible and within three kilometres of a power line [13] - Pinnacle aims to earn an initial 50% interest upon commencing production, with plans to generate cash flow for further project development and increase ownership to 100% subject to a 2% NSR [14] Group 5: Company Overview - Pinnacle Silver and Gold Corp. is focused on developing precious metals projects in the Americas, with a commitment to building long-term, sustainable value for shareholders [15]