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Pinnacle Silver & Gold Corp V.PINN

Alternate Symbol(s):  NRGOF

Pinnacle Silver & Gold Corp, formerly Newrange Gold Corp., is a Canada-based silver-gold exploration company. The Company is focused on two highly prospective gold projects in the Red Lake Mining Division of Northwestern Ontario. Its projects include the North Birch Gold Project and the Argosy Gold Mine Project. The 100% owned North Birch Gold Project comprises approximately 3,850 hectares and lies in the northwestern corner of the Birch-Uchi Greenstone Belt in the Red Lake Mining Division of northwestern Ontario, roughly 110 kilometers northeast of the town of Red Lake. The Argosy Gold Mine Project is situated in the northern part of the Birch-Uchi Greenstone Belt of the Superior Province of the Precambrian Shield. The Birch-Uchi Belt lies between the prolific Red Lake and Pickle Lake Greenstone Belts and has similar geology. Located 110 kilometers east-northeast of Red Lake, the property hosts the significant past-producing gold mine in the Birch-Uchi Belt.


TSXV:PINN - Post by User

Comment by DouglasFir2on Jul 21, 2021 5:23am
189 Views
Post# 33580146

RE:New Video

RE:New VideoThanks Bluetick for the link. 

No new news for the followers of NRG, but reassuring nonetheless.  Bob's looking healthly, relaxed even, and no sign of strain. He gave no indication on the upcoming assays (which he coundn't do) but continued with the optimistic message. NRG has now staked 5,700 hectares from 2,500, and has $3m in financing. The "smart" money ( if you can call it that) is backing Bob, and the quality and size of the prospect. NRG has 173m shares fully diluted, insiders hold 9%, institutions 9% and high net worth individuals hold a chunk, so there a fair bit of skin in this game. NRG are smart; news is disseminated internationally as is trading to widen the investor base

It's very early days for North Birch. Bob floats the history of this geology. Its probably disingenuous to mention 40m ozs.  

We await the all important data and newsflow
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