Pinnacle Provides Progress Update for El Potrero Gold-Silver Project

Original announcement by tmx on

Company
Pinnacle Silver and Gold Corp.
Ticker
PINN
Exchange
TSX
Region
Durango, Mexico
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Metallurgy
Extracted
2026-08-21 03:20:10 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Pinnacle Silver and Gold Corp. provided a progress update for the El Potrero gold-silver project in Mexico, highlighting high-grade sampling results and preliminary metallurgical testwork. The company is preparing for underground delineation drilling in early 2026 and continues to optimize metallurgical processes.

Reasoning: The company reported high-grade surface and underground sampling results and strong preliminary gold recoveries (avg 95%), though silver recovery remains variable and unoptimized.

Positive factors

  • high-grade epithermal system confirmed
  • strong gold recoveries in preliminary metallurgy
  • QA/QC protocols and QP sign-off disclosed

Negative factors

  • variable and lower silver recoveries
  • preliminary/unoptimized metallurgical testwork

Facts used in scoring: 16

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions NI 43-101 compliance, use of certified reference materials, blanks, and an ISO 17025 accredited lab (SGS).

Evidence · text

“The lab is accredited to ISO/IEC 17025:2017.”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Underground channel samples grading up to 50.3 g/t Au and 269 g/t Ag.

Evidence · table

“50.3”

Context: 1.7

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: Metallurgical results are from preliminary bottle roll and gravity tests without optimization.

Evidence · text

“Given that these were preliminary tests, there was no optimization”

Extracted facts

Stored fact records: 16. Some facts used in scoring do not have a stored record.

Drill Results (16)

Fact 1goldGrade: 13.2Grade Unit: g/tIntercept: 0.3 mView all details
Link to this fact

Identity

Commodity
gold
Ticker
PINN

Geometry

Grade
13.2
Grade Unit
g/t
Intercept
0.3 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: High-grade surface sample.

Evidence · table

“13.2”

Context: 0.3

Fact 2silverGrade: 2280Grade Unit: g/tIntercept: 0.3 mView all details
Link to this fact

Identity

Commodity
silver
Ticker
PINN

Geometry

Grade
2280
Grade Unit
g/t
Intercept
0.3 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: Very high silver grade.

Positive factors

  • Bonanza Intercept

Evidence · table

“2,280”

Context: 0.3

Fact 3goldGrade: 9.9Grade Unit: g/tIntercept: 0.35 mView all details
Link to this fact

Identity

Commodity
gold
Ticker
PINN

Geometry

Grade
9.9
Grade Unit
g/t
Intercept
0.35 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: High-grade surface sample.

Evidence · table

“9.9”

Context: 0.35

Fact 4silverGrade: 1444Grade Unit: g/tIntercept: 0.35 mView all details
Link to this fact

Identity

Commodity
silver
Ticker
PINN

Geometry

Grade
1444
Grade Unit
g/t
Intercept
0.35 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: High silver grade.

Evidence · table

“1,444”

Context: 0.35

Fact 5goldGrade: 36.4Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Commodity
gold
Ticker
PINN

Geometry

Grade
36.4
Grade Unit
g/t
Intercept
1.4 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: Strong gold grade.

Positive factors

  • Bonanza Intercept

Evidence · table

“36.4”

Context: 1.4

Fact 6silverGrade: 1029Grade Unit: g/tIntercept: 1.4 mView all details
Link to this fact

Identity

Commodity
silver
Ticker
PINN

Geometry

Grade
1029
Grade Unit
g/t
Intercept
1.4 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: High silver grade.

Evidence · table

“1,029”

Context: 1.4

Fact 7goldGrade: 37.4Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Commodity
gold
Ticker
PINN

Geometry

Grade
37.4
Grade Unit
g/t
Intercept
1.2 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: Strong gold grade.

Positive factors

  • Bonanza Intercept

Evidence · table

“37.4”

Context: 1.2

Fact 8silverGrade: 755Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Commodity
silver
Ticker
PINN

Geometry

Grade
755
Grade Unit
g/t
Intercept
1.2 m

Classification

Sample Type
surface

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: High silver grade.

Evidence · table

“755”

Context: 1.2

Fact 9goldGrade: 50.3Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Commodity
gold
Ticker
PINN

Geometry

Grade
50.3
Grade Unit
g/t
Intercept
1.7 m

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: Very high grade underground sample.

Positive factors

  • Bonanza Intercept

Evidence · table

“50.3”

Context: 1.7

Fact 10silverGrade: 269Grade Unit: g/tIntercept: 1.7 mView all details
Link to this fact

Identity

Commodity
silver
Ticker
PINN

Geometry

Grade
269
Grade Unit
g/t
Intercept
1.7 m

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: High silver grade.

Evidence · table

“269”

Context: 1.7

Fact 11goldGrade: 34.6Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Commodity
gold
Ticker
PINN

Geometry

Grade
34.6
Grade Unit
g/t
Intercept
1 m

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: Strong gold grade.

Positive factors

  • Bonanza Intercept

Evidence · table

“34.6”

Context: 1.0

Fact 12silverGrade: 221Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Commodity
silver
Ticker
PINN

Geometry

Grade
221
Grade Unit
g/t
Intercept
1 m

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: High silver grade.

Evidence · table

“221”

Context: 1.0

Fact 13goldGrade: 15.6Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Commodity
gold
Ticker
PINN

Geometry

Grade
15.6
Grade Unit
g/t
Intercept
1.1 m

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: Strong gold grade.

Evidence · table

“15.6”

Context: 1.1

Fact 14silverGrade: 222Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Commodity
silver
Ticker
PINN

Geometry

Grade
222
Grade Unit
g/t
Intercept
1.1 m

Classification

Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: High silver grade.

Evidence · table

“222”

Context: 1.1

Fact 15goldView all details
Link to this fact

Identity

Commodity
gold
Ticker
PINN

QA/QC

Laboratory
SGS Durango
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: Strong average gold recovery from preliminary tests.

Positive factors

  • High Recovery
Fact 16silverView all details
Link to this fact

Identity

Commodity
silver
Ticker
PINN

QA/QC

Laboratory
SGS Durango
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-01-13T00:00:00.000Z

Reasoning: Silver recoveries are lower and more variable due to complex mineralogy.

Negative factors

  • Low Recovery

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.