Pinnacle Silver & Gold - Working up New Silver-Lead-Zinc Discoveries

Why It Matters

The discovery adds a new, high‑grade base‑metal component to Pinnacle’s portfolio, opening pathways for diversified production and potentially boosting the company’s market appeal.

Key Takeaways

• Lidar survey revealed previously unknown silver‑lead‑zinc veins on the property.
• New veins also contain gold, similar to neighboring district mines.
• Two mineralization events identified: older silver‑lead‑zinc, younger gold‑silver.
• Proximity of distinct ore zones could enable combined extraction strategies.
• Discovery adds significant upside to Pinnacle project's resource potential.

Summary

Pinnacle Silver & Gold announced that recent surface work, guided by a high‑resolution lidar survey, has uncovered a previously unrecognized suite of silver‑lead‑zinc veins on its property.

The veins, some of which are gold‑bearing, mirror the mineralization style of four nearby district mines rather than the classic gold‑silver signature of the El Padrero zone. Geologists interpret the find as evidence of two separate mineralizing events: an older silver‑lead‑zinc episode and a younger gold‑silver phase.

Company officials noted they had long been puzzled by El Padrero’s distinct chemistry, and the new data suggest the two systems may even intersect. Early mapping shows the newer gold‑rich shoots lie adjacent to, and potentially overlap with, the older base‑metal structures.

If the proximity proves exploitable, Pinnacle could develop a multi‑metal mining plan that leverages both base‑metal and precious‑metal revenues, dramatically expanding the project’s resource base and enhancing its valuation.

Original Description

Pinnacle Silver and Gold is now ready to start underground drilling at its El Potrero project in in Mexico. The company has been rehabilitating the underground workings and preparing drill stations for some time, and now the first mine, Pinos Cuates, is ready, with two old other mines set to follow along behind. Once the underground drilling is complete the plan is then to initiate a surface campaign over a much wider footprint, and to look towards building up enough data to compile a resource. We already know that El Potrero hosts significant mineralisation. But the detail and extent is about to become a whole lot clearer