Pinnacle Samples up to 12.2 g/t Gold Equivalent and Commences Field Work

Investor webinar replay

Meeting Overview The meeting focused on discussing the recent release of sampling results from the El Patrero project, highlighting the high-grade gold and silver values. The conversation also covered the project's potential economics, timelines for production, and the advantages of existing infrastructure. Key Discussion Points - Discussion of high-grade gold and silver values from the latest release. - Comparison of El Patrero's grades with similar projects in the Sierra Madre region. - Timeline for potential production, estimated at 2 to 3 years. - Importance of existing infrastructure, including a 100 TPD processing plant. - Geological insights regarding vein systems and their implications for mineral potential. - The role of LIDAR surveys in enhancing understanding of the property. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Begin baseline environmental work in tandem with project refurbishments. - [Unassigned] : Plan and execute ...

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[Speaker identities could not be resolved; generic labels used] [00:04] Speaker 1: Bob, great to see you today. I got a couple of questions based on your latest release. Looking forward to chatting. Yeah, absolutely, Romeo. Great to be back. Awesome. [00:12] Speaker 1: So looking at your last release, to me, the sampling results show honestly pretty impressive high-grade gold and silver values. I'd love if you could explain how these grades compare to similar projects in the Sierra Madre region and what you think that means for the potential economics of El Patrero. [00:28] Speaker 2: Well, I mean 1 of the things that I've always loved about the Sierra Madre is the great. [00:33] Speaker 2: Throughout my career, [00:36] Speaker 2: I've grown up with that adage that great is king. And I've spent time in the Abitibi of Canada, and Thames, and Kirkenlake, all these places. [00:46] Speaker 2: And [00:47] Speaker 2: so yeah, That's 1 of the things that draws me back. I know that this particular area [00:52] Speaker 2: is a very high-grade area. [00:55] Speaker 2: I'm obviously very familiar with the Topia mine, which was the 1st 1 we acquired with Great Panther. That's a very high-grade mine. [01:03] Speaker 2: It's [01:04] Speaker 2: polymetallic, but [01:05] Speaker 2: we had years where the average Silver grade was 500g, [01:10] Speaker 2: plus Gold-based metals and everything else. [01:14] Speaker 2: It's [01:15] Speaker 2: Just seeing these grades, [01:17] Speaker 2: what it did for us really was [01:20] Speaker 2: confirm what we had been told by the vendors [01:23] Speaker 2: because [01:24] Speaker 2: the lack of any real work on the property has meant that there's not a lot in terms of records and documentation that we've been able to rely on. And so that's why t...