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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

Post by DouglasFir2on Mar 23, 2021 5:55pm
233 Views
Post# 32860606

News Release. IP Survey March 23-21

News Release. IP Survey March 23-21https://www.newrangegold.com/news/news-releases/2021/newrange-drilling-expands-mineral-footprint-at-pamlico-5/

My read ot the IP Survey is that the results are highly positive, and exceeded management's already high expectations;  it had to go out and stake additional ground, more than doubling the size of the property.  This is exploration sure and we'll know more in the coming months but there is the prospect here of a major new mine. Bob Archer thinks that past production on the site may just be the manifestation of a much larger and mostly buried, gold bearing system. That's the theory. The IP Survey results do seem to suggest something major is there but the caution is, it's very early days. 

Personally I did expect a reaction in the share price, however modest.


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