Pinnacle Silver and Gold is pleased to provide an update on the high-grade Potrero gold-silver property. While surface and underground mapping and sampling continues, a recent site visit was conducted for consultants to assess the condition of the processing plant and provide guidance on potential permitting procedures. "We continue to make excellent progress in moving the Potrero Project forward," stated Robert Archer [...]
Pinnacle Silver and Gold announces that, in order to conserve capital and improve the balance sheet, it has agreed with certain creditors to accept shares in the company in settlement of their debt. The aggregate number of shares to be issued, subject to TSXV approval, is 2,491,667 at a price of $0.06 per share, for settlement of $149,500.00. All securities issued will be subject to a four-month hold period which will [...]
Pinnacle Silver and Gold is pleased to announce that systematic sampling of the historic underground workings at the Pinos Cuates Mine on the El Potrero property has resulted in the definition of a lens of high-grade gold and silver mineralization, with individual samples returning up to 37.3 g/t gold and 346 g/t silver. HIGHLIGHTS Systematic channel sampling of the underground workings at the historic Pinos Cuates Mine [...]
Pinnacle Silver and Gold is pleased to provide an update on progress at the recently acquired high-grade gold-silver El Potrero property. Phase I field work commenced within a week of signing the Definitive Agreement and is progressing well. Surface mapping has extended the vein system along strike to the northwest for approximately 1,100 m from the Dos de Mayo Mine and 46 samples have been taken for analyses. Cleaning of [...]
Pinnacle Silver and Gold is pleased to provide further details on the preliminary underground sampling program that was conducted as part of the due diligence work on the recently acquired high-grade gold-silver El Potrero property. The Company also announces that Phase I field work has commenced on the project. Preliminary sampling of mineralized veins containing grey-black ginguro bands in the Pinos Cuates Mine returned [...]
Pinnacle Silver and Gold announces that, further to the Company's news releases dated October 28, 2024, Dec 10, 2024, Jany 29, 2025 and Feb 24, 2025, it has closed its non-brokered private placement and the associated staged option to acquire up to a 100% interest in the Potrero property. For more information on the Acquisition, please refer to the Company's news release of February 24, 2025. The Part-and-Parcel private [...]
Pinnacle Silver and Gold is pleased to announce that, further to the Letter of Intent announced on Oct 28, 2024, the Company has signed a Definitive Agreement with José Martinez Gomez and a company he controls to acquire up to a 100% interest, subject to a 2% NSR, in a high-grade gold-silver project. The Transaction is an arm's-length transaction within the meaning of the policies of the TSXV. The Potrero Property [...]
Pinnacle Silver and Gold is pleased to provide an update on the proposed acquisition of a staged option to acquire up to a 100% interest, subject to a 2% NSR, in the Potrero gold-silver project in Durango, Mexico, as announced in Pinnacle news release of Oct. 28, 2024. As the proposed acquisition is subject to TSXV acceptance and the transaction is considered by the TSXV to be a "Fundamental Acquisition", Section 3.5 of [...]
Pinnacle Silver and Gold wishes to remind shareholders that the company's annual general meeting is set to take place virtually on January 10, 2025, at 11:00am, for the following purposes: To receive the annual financial statements of the company for the fiscal year ended April 30, 2024, together with the report of the auditor thereon; To fix the number of directors of the company at four; To elect directors of the [...]
Pinnacle Silver and Gold is providing an update on the proposed acquisition of a staged option to acquire up to a 100% interest, subject to a 2% NSR, in the Potrero gold-silver project, as announced in Pinnacle news release of Oct. 28, 2024. As the proposed acquisition is subject to TSXV approval and the transaction is considered by the TSXV to be a "Fundamental Acquisition", Section 3.5 of Exchange Policy 3.3 requires [...]
Pinnacle Silver and Gold is pleased to announce that it has signed a Letter of Intent to acquire up to a 100% interest, subject to a 2% NSR, in a reportedly high-grade gold-silver project in Durango, Mexico. Located in the prolific Sierra Madre Trend of Mexico, which hosts several world class gold-silver mines and resources, the 1,074 hectare El Potrero Project lies within a 35-kilometre radius of four producing mines [...]
Pinnacle Silver and Gold is pleased to provide an update on corporate activities. As previously stated, the Company is actively engaged in seeking out new silver and gold exploration and development opportunities in the Americas, with particular focus on Mexico and Peru. Mexico is the largest silver producing country in the world and has more primary silver mines than any other country. Peru is the third largest silver [...]
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