Proactive - Interviews for investors

Pinnacle Silver begins underground drilling at El Potrero project in Mexico

Episode Summary

Pinnacle Silver and Gold CEO Robert Archer joined Steve Darling from Proactive to provide an update on the company’s high-grade El Potrero gold-silver property in Durango, Mexico, announcing that rehabilitation work and drill station preparation within the historic underground mine network have progressed to the point where delineation drilling is now set to begin. Archer explained that the initial phase of the underground drill program will focus on the Pinos Cuates mine, where extensive preparation has already been completed. A total of ten drill stations have been established across two levels of the mine, enabling a comprehensive drilling campaign. On the upper level, three stations will support 21 drill holes totaling approximately 409 metres, while the main level hosts seven stations designed for 46 holes totaling 915 metres. Altogether, the Pinos Cuates portion of the program will include 67 holes covering 1,324 metres. As drilling advances at Pinos Cuates, the company will continue rehabilitation and preparation work at additional underground targets. At the Dos de Mayo mine, six drill stations are being prepared to support 35 holes totaling 887 metres, while at the La Dura mine, four stations are planned for six holes totaling 205 metres. In total, the current underground drilling program is expected to encompass approximately 2,416 metres across 108 NQ-sized drill holes, although the company noted that the plan may be refined as work progresses and results are evaluated. Looking ahead, Pinnacle intends to transition into a surface drilling phase immediately following the completion of the underground campaign. This next stage will aim to connect mineralization between the existing mine areas, as well as test extensions along strike, particularly along the Dos de Mayo vein and other prospective structures such as El Capulin and La Estrella. Archer noted that the combined results from both underground and surface drilling will be used to develop an internal resource estimate, which will form the basis for a preliminary mine plan and guide future development decisions at El Potrero. #proactiveinvestors #pinnaclesilverandgoldcrp #robertarcher #tsxv #pinn #otc #psgcf #PotreroProject #MexicoMining #GoldSilver #HighGrade #UndergroundMining #DrillingProgram #MineralExploration #ResourceDevelopment #MiningOperations #Durango #ExplorationUpdate #JuniorMining #PreciousMetals #MiningNews