In this update, Bob Archer, CEO of Pinnacle Silver & Gold (TSX-V:PINN | OTCQB:PSGCF), outlines the roadmap for the company’s first-ever drill program at the El Potrero project in Mexico.
Following extensive sampling that averaged 8.5 g/t AuEq, the company is now moving into site preparation. This initial campaign is unique, as it focuses on delineation drilling – defining the size and shape of known high-grade shoots from within existing mine workings rather than speculative exploration.
Exploration & Development Roadmap
- Underground Preparation: January is dedicated to enlarging drill stations and site safety (scaling/bolting).
- The Drill Program: A 112-hole campaign (2,600m) consisting of short, 20–25m holes designed to define grade distribution and vein thickness every 12.5 meters.
- Surface Targets: Following the underground work, drilling will move to surface to test the 500m gap between historic mines and additional veins like El Capulin.
- Fully Funded: The company is currently closing a C$2.52M financing to cover both the underground and surface programs through 2026.
Please email me with any follow up questions you have for Bob – Fleck@kereport.com.
For more market commentary & interview summaries, subscribe to our Substacks:
The KE Report: https://kereport.substack.com/
Shad’s resource market commentary: https://excelsiorprosperity.substack.com/
Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.