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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

Comment by mackvorkianon Jan 21, 2021 10:32am
177 Views
Post# 32344302

RE:Drilling result and plan

RE:Drilling result and planYo Doug. 



@mackvorkian What to do now? In 2017, with a POG of around $1250, NRG hit a s/p of 72 cents. In 2017 NRG produced tremendous drill results. If you go to the website, under "Location and History", you will see the excellent drill results of previous operators. When you look at the Merritt Zone Map on the website, you will the 40 holes drilled in 2017. When you look at the News from 2017, you will see the drill results from the Merritt Zone. They are nothing short of fabulous. The latest drill results were disheartening to say the least. Looking at the map, it seems to me that there is the potential for more drilling on the Merritt Zone. And the potential for High Grade is high. The Lab is now taking 5 weeks. The drillers are now drilling. IMO, Mgt needs to get back to the Merritt zone and drill some more holes. Twin P17-10 and PAM 99 -03. This area is a High Grade Vein area. Chasing HG Veins is different that big step outs on a .6 gpt open pittable zone. We will be waiting until Mar for the next set of results, all of which will be exploratory. I would like to see some certainty here. I would like to see a Resource Estimate on the Merritt Zone. If NRG could round up 500,000 oz on high grade oxide in small area, that should move the needle on the s/p. I am not interested in seeing another kamikaze low ball financing at less that 30 cents. The actions taken now will be decisive for the company's future. There is no room for error.
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