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Pinnacle Silver & Gold Corp V.PINN

Alternate Symbol(s):  NRGOF

Pinnacle is currently focused on district-scale exploration for precious metals in the prolific Red Lake District of northwestern Ontario. The past-producing high-grade Argosy Gold Mine is open to depth, while the adjacent North Birch Project offers additional blue-sky potential. Pinnacle is also actively looking for other district-scale opportunities in the Americas, with a particular focus on silver and gold. With a seasoned, highly successful management team and quality projects, Pinnacle Silver and Gold is committed to building long term, sustainable value for shareholders.


TSXV:PINN - Post by User

Bullboard Posts
Comment by medvic1on Jan 09, 2020 10:44pm
123 Views
Post# 30537332

RE:Progress

RE:ProgressThanks mack, can you give your best time estimate for each phase?  Do you think IP will be done till April? and looks like 1000t of samplings postponed for now or maybe not too much important for the project? thanks
.
mackvorkian wrote: I am continually encouraged by the progress that RC and BA are continully making behind the scenes.

These guys have clear goals, a dynamic plan and they are working the plan.

2020 should be a very good year as $6 mill will be coming in. With the info gained from the assays taken from the tunnels, along with the LIDAR 3D, and the completed IP, they will know where to drill and where not to drill.

These guys are not only working the plan, but they are getting very good results. We are looking at some very decent high grade along with a huge lower grade contingent. 

A while back, RC hired a geologist and his work has been to input all the numbers. I am looking forward to seeing the fruit of those labors.

RC is going to try again to hire some more underground samplers. This is an important step to expedite the work. 

Peak Marketing is gone and now Mike Coyle of Insidexploration is now doing marketing for NRG. If you haven't seen the videos and other info that Mike has done, check it out. It is excellent. I am ultra pleased with Mike. He is intense and does great write ups.

RC and BA are not taking a salary. These guys have minimized the burn rate and they are putting all the funds and all their energy into the project.

I have been unhappy with the numbers on some of the financings but I am ecstatic about the talent and work ethic of these guys. 

Last but not least, the project is a BEAUTY. I have gone over the material again and again and I have spoken to RC many many times in regards to the project. I have spoken to others who are in the know. IMO, we are looking down the barrel of a UGE shallow open pit oxide Monster. 


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