Pinnacle Confirms High-Grade Mineralization in Underground Drilling

Investor webinar replay

Meeting Overview The meeting focused on the latest updates regarding the El Potrero Underground mining project, specifically discussing recent drilling results, the implications for mineralization, and future plans for drilling and resource estimation. Bob Archer provided insights into the significance of the findings and the potential for future mining operations. Key Discussion Points - Recent drilling results from El Potrero Underground Hole 26068 showing high gold and silver grades. - The continuity of grade between different drill holes and its implications for understanding the mineralizing system. - Observations regarding the mineralization outside the existing underground workings and its potential for future mining. - The upcoming drilling plans at the Dulce de Mayo mine and other veins that have not been drilled before. - Infrastructure advantages due to proximity to operating mines and existing facilities on-site. Decisions Made - No explicit decisions recorded. Action It...

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[Speaker identities could not be resolved; generic labels used] [00:01] Speaker 1: Okay, we are now live. [00:02] Speaker 1: Hello everyone and thank you for joining us for another live Pinnacle Update. Today we are joined by Bob Archer to get his commentary on today's news. I have some questions for Bob, but if you happen to have any, please submit them using the chat feature and we can address them at the end. [00:15] Speaker 1: As always, this event is being recorded and will be available shortly after we conclude. [00:20] Speaker 1: So Bob, based off this morning's news, obviously we want to talk about El Potrero Underground Hole 26068, [00:26] Speaker 1: which came back with visible gold and a peak of [00:30] Speaker 1: 58.2 grams per tonne gold and 631 [00:33] Speaker 1: grams per tonne silver. [00:35] Speaker 1: And it sits about 15 metres down dip of your earlier 26035 [00:39] Speaker 1: intercept. [00:41] Speaker 1: So my question is, what does that kind of grade continuity tell you about the Pinos-Kwate [00:45] Speaker 1: system? And why does it matter at this stage of the program? [00:50] Speaker 2: Well, there are a couple of things, Kyle. [00:52] Speaker 2: You know, getting that sort of consistency of grade, because Hole 35 [00:57] Speaker 2: hit [00:58] Speaker 2: 59.2 [00:59] Speaker 2: grams [01:01] Speaker 2: per tonne gold. [01:03] Speaker 2: And, [01:03] Speaker 2: you know, close to there, we had some underground channel samples that averaged 50.3 [01:09] Speaker 2: grams. [01:10] Speaker 2: So, [01:11] Speaker 2: seeing that kind of continuity [01:13] Speaker 2: with the high grades [01:16] Speaker 2: is very encouraging. [01:18] Speaker 2: And [01:21] Speaker 2: the fact that they're [01:23] Speaker 2: 15 meters apart, as you put it on average,...