Pinnacle Silver and Gold CEO discusses progress at El Potrero project - ICYMI

Core Viewpoint - Pinnacle Silver & Gold Corp is advancing its El Potrero silver-gold project towards a potential production decision later this year, marking significant progress since acquiring the asset a year ago [1][2]. Group 1: Operational Progress - The company has completed over 1,300 channel samples, primarily underground, to establish a modern geological understanding of the project, which last operated in the late 1980s [2][7]. - A 3D model of the main mineralized zones has been developed, and the company has begun rehabilitating underground workings to prepare for delineation drilling [3][7]. - Rehabilitation work is expected to take approximately six weeks, focusing on widening access areas and securing loose rock for safe drilling operations [3][8]. Group 2: Drilling Plans - Most underground drill holes will range from 20 to 25 meters in length, allowing for rapid completion once drilling begins, with results expected to clarify the scale and continuity of mineralization [4][8]. - The company has submitted permit applications for surface drilling, with approval anticipated within 60 to 90 days, potentially allowing surface drilling to commence as underground drilling concludes [5][9]. Group 3: Infrastructure Development - The plant will require power, with the nearest power line approximately three kilometers away, likely extending to about 4.5 to 5 kilometers due to routing along the road [10]. - A third-party feasibility study is being conducted by a consultant to meet the requirements of Mexico's Federal Electrical Commission [10]. Group 4: Future Outlook - The company aims to achieve multiple milestones, including permitting and drilling, with the goal of moving towards a production decision later this year [12].