In this episode of the KE Report, we sit down with Bob Archer, President and CEO of Pinnacle Silver & Gold (TSX.V: PINN | OTCQX: PSGCF), for a comprehensive update on the El Potrero Project. Following a news release on February 26, Bob details the multi-faceted approach the company is taking to advance the project toward a formal production decision.
Key Discussion Highlights:
- Underground Delineation Drilling: Preparatory work is beginning this week to modernize and secure historical mine workings, setting the stage for over 100 short-reach drill holes designed to define the size, shape, and grade of mineralized zones.
- Surface Exploration Strategy: With permits expected within 90 days, the company plans to test the 500-meter strike length between three historical mines and explore parallel veins that have shown strong historical values.
- Advanced Metallurgical Testing: Following initial gold recoveries of 95.1%, a second round of testing is underway to optimize silver recovery and refine the plant flow sheet.
- Infrastructure and Power Feasibility: An independent study is being conducted on the extension of a Federal Electricity Commission (CFE) power line, a critical step for determining the cost and timeline for long-term operations.
- Community and Social Licensing: The company has formalized a community agreement that secures surface rights and fosters a supportive relationship with local stakeholders through job creation and infrastructure improvements.
Please email me with any follow up questions you have for Bob – Fleck@kereport.com.
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