Pinnacle Amends Payment Terms for El Potrero Project

Core Viewpoint - Pinnacle Silver and Gold Corp. has amended the payment schedule for the Potrero Project, allowing for better budget management and project advancement [1][2]. Payment Structure - The original payment of US$750,000 due on February 21, 2026, will now be divided into three equal payments of US$250,000 on February 24, May 24, and August 24, 2026 [1]. Project Development - The company is focused on advancing the El Potrero project, which is located near several operational mines in the Sierra Madre Occidental region of Mexico [2]. - The project features high-grade gold-silver mineralization within a low sulphidation epithermal breccia vein system, with significant exploration potential due to a lack of modern systematic exploration [3]. Infrastructure and Production Potential - A previously operational 100 tpd plant can be refurbished at a low cost to achieve near-term production once permits are secured [4]. - The property is accessible by road and has a power line within three kilometers, facilitating development [4]. Ownership and Financial Strategy - Pinnacle will earn an initial 50% interest upon commencing production, with plans to generate cash flow to increase ownership to 100% subject to a 2% NSR [5]. - This strategy aims to be less dilutive for shareholders compared to financing through equity markets [5]. Company Overview - Pinnacle Silver and Gold Corp. is focused on developing precious metals projects in the Americas, including the Potrero project and the Argosy Gold Mine in Ontario [6]. - The company is committed to building long-term, sustainable value for shareholders through its experienced management team and quality projects [6].