Pinnacle’s El Potrero Property: Uncovering the Hidden Treasure
Hey there, folks! I’ve got some exciting news to share from the world of mining. Vancouver-based Pinnacle Silver and Gold Corp. (TSXV: PINN, OTC: NRGOF, Frankfurt: X6C) has recently made some major discoveries at their newly acquired El Potrero property in Durango, Mexico. Let’s dive deeper into this intriguing story.
Preliminary Underground Sampling: A Promising Start
First things first, Pinnacle has shared some preliminary results from an underground sampling program they conducted as part of their due diligence work. They sampled mineralized veins containing grey-black ginguro bands, which are known for their fine-grained silver-gold mineralization. The results? An impressive arithmetic average of 8.04 g/t gold (Au) and 146 g/t silver (Ag)! That’s equivalent to 9.70 g/t Au and 853 g/t Ag, respectively.
These numbers are not only promising but also consistent with the historic production grades reported by the property’s vendors. Moreover, they align with the historic resource estimate of 45,561 tonnes at 8.0 g/t Au and 186 g/t Ag, which is a significant discovery, to say the least.
Historical Resources: What Does This Mean for You and the World?
Now, you might be wondering, “What does this mean for me, and the world?” Well, my curious friend, let me break it down.
Impact on Individuals
For individuals, discoveries like El Potrero can lead to increased investment opportunities. As more companies explore and discover high-grade mineral deposits, the mining industry grows, creating jobs and economic opportunities. Additionally, the potential for increased gold and silver production can lead to a stronger global economy, as these precious metals are often used as storehouses of value.
Impact on the World
On a larger scale, discoveries like El Potrero can lead to significant advancements in technology, innovation, and sustainability. The mining industry is constantly evolving, and as companies discover new deposits, they invest in research and development to extract these resources more efficiently and sustainably. This can lead to advancements in mining technologies, improved environmental practices, and overall economic growth.
Moreover, the discovery of high-grade gold and silver deposits can contribute to geopolitical stability in the regions where they are located. Countries with rich mineral resources can benefit economically, leading to improved infrastructure, education, and healthcare.
Phase I Field Work: The Excavation Begins
With these promising preliminary results, Pinnacle has announced that Phase I field work has commenced on the El Potrero property. This includes geological mapping, rock and soil sampling, and geochemical analyses. The ultimate goal? To further evaluate the potential of this high-grade gold-silver property.
Conclusion: A Bright Future Ahead
So there you have it, folks! Pinnacle’s El Potrero property in Durango, Mexico, is shaping up to be a significant discovery in the mining world. With promising preliminary results and the commencement of Phase I field work, the future looks bright for this promising project. As we continue to follow Pinnacle’s progress, we’ll keep you updated on any new discoveries or developments. Stay tuned!
- Pinnacle Silver and Gold Corp. makes significant discovery at El Potrero property in Durango, Mexico
- Preliminary underground sampling returns impressive results: 8.04 g/t gold and 146 g/t silver
- Historic resource estimate of 45,561 tonnes at 8.0 g/t Au and 186 g/t Ag
- Phase I field work commences to further evaluate the potential of the high-grade gold-silver property
