Pinnacle Samples up to 12.2 g/t Gold Equivalent and Commences Field Work at El Potrero Gold-Silver Project

Pinnacle Samples up to 12.2 g/t Gold Equivalent and Commences Field Work at El Potrero Gold-Silver Project

(TheNewswire)

VANCOUVER, BRITISH COLUMBIA, March 18, 2025 TheNewswire - (TSXV: PINN, OTC: NRGOF, Frankfurt: X6C) Pinnacle Silver and Gold Corp. (" Pinnacle " or the " Company ") is pleased to provide further details on the preliminary underground sampling program that was conducted as part of the due diligence work on the recently acquired high-grade gold-silver El Potrero property in Durango, Mexico (see Pinnacle news releases dated February 24 and 25, 2025).  The Company also announces that Phase I field work has commenced on the project.

Preliminary sampling of mineralized veins containing grey-black ginguro bands (very fine grained silver-gold mineralization) in the Pinos Cuates Mine returned an arithmetic average from four chip channel samples (see Table 1 below) of 8.04 g/t gold (Au) and 146 g/t silver (Ag) (9.70 g/t Au Equivalent or 853 g/t Ag Equivalent 1 ), consistent with the historic production grades reported verbally by the vendors, and the historic resource estimate of 45,561 tonnes at 8.0 g/t Au and 186 g/t Ag (10.1 g/t Au Eq or 890 g/t Ag Eq 1 ). These resources are historical in nature and Pinnacle is not treating these estimates as current mineral resources as a qualified person on behalf of Pinnacle has not done sufficient work to classify them as current mineral resources.

Table 1:  Mineralized Samples from the Pinos Cuates Mine

Sample Length (metres)

Gold (g/t)

Silver (g/t)

Gold Equivalent (g/t) 1

Silver Equivalent (g/t) 1

0.9

9.32

254

12.21

1,074

0.8

8.21

153

9.95

875

1.4

7.92

63

8.64

760

0.3

6.71

113

7.99

703

1 Gold and silver equivalents calculated using a gold:silver price ratio of 88 (i.e. 88 g/t silver = 1 g/t gold). The metal prices used to determine the 88:1 ratio are the closing spot prices in New York on March 14, 2025: US$2,983.30/oz gold and US$33.765/oz silver.

"Having just recently closed the acquisition of the staged option on the Potrero Property, we are wasting no time in ‘hitting the ground running' on this exciting project," stated Robert Archer, Pinnacle's President & CEO.  "Not only did our due diligence sampling confirm the high-grade nature of the gold-silver mineralization, but the historic workings stretching over a 500 metre strike length and the absence of any drilling or other modern exploration implies significant potential for resource development on a strong epithermal vein system.  Furthermore, we will immediately commence cleaning the processing plant in order to put together a budget and schedule to make it operational once again."

As part of Pinnacle's due diligence on the property, non-systematic sampling of the main exposed structures in underground workings at the Dos de Mayo, Pinos Cuates and La Dura historic mines was undertaken during two visits in October and December of 2024 (see Figure 1).  The lack of any detailed surface or underground maps and the general inaccessibility of most of the old stopes containing the mineralization underground led to the non-systematic nature of the sampling.  Vein exposures underground were typically less than two metres, thereby limiting the width of the veins that could be sampled.  As such, professional mining contractors are being brought in to render these areas safe for a more systematic sampling program.


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Figure 1: Longitudinal section, looking southwest, of underground workings and vein projections at the Potrero Project.

Assays from the first visit indicated that the vein system is clearly gold- and silver-bearing, while the second visit allowed for the more precise identification of mineralized zones within the veins, particularly in the Pinos Cuates workings where an ‘upper' level, approximately 10 metres above the previous visit, was examined and sampled, yielding the results in Table 1 above.  Values in the 35 underground samples ranged from 0.047 to 9.32 g/t Au and

Following the cleaning of the underground workings, the vein system will be surveyed, mapped and systematically sampled in order to determine the structural controls on gold-silver mineralization as the highest grades tend to occur in ‘shoots'.  Once these are better defined, a diamond drilling program can be planned to systematically test these areas for continuity.  As no drilling has been conducted previously, the vein system is open in all directions.

While the underground workings are being rehabilitated, surface mapping will get underway to trace out the vein system and gain a better understanding of the geological setting.  Initially, this work will focus on the area above the historic mines then work out along strike to the northwest and southeast.  From observations made during the due diligence period, the veins appear to splay along strike and several parallel veins exist both on the property and on neighbouring ground, suggesting that the system may be more extensive than initially realized.

Given the importance of structure in these types of vein systems, a LiDAR (Light Detection and Ranging) survey is being planned for the entire property.  LiDAR is a remote-sensing and laser technology that ‘sees' through overburden and maps out the rock subsurface in a way that allows for the interpretation of structural features that can be important in controlling gold-silver mineralization.  This interpretation will also be used in the planning of upcoming drill programs.

Roads on the property are being rehabilitated and the campsite will be cleaned and rebuilt.  In due course, discussions will be held with the federal electrical commission to extend the power line to the plant site, a distance of only about three kilometres.

QA/QC

The assay results contained in this news release have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101").  Pinnacle has implemented industry standard practices for sample preparation, security and analysis given the stage of the Project.  This has included common industry QA/QC procedures to monitor the quality of the assay database, including inserting certified reference material samples and blank samples into sample batches on a predetermined frequency basis.

Non-systematic chip channel sampling was completed across the exposed mineralized structures using a hammer and maul.  The protocol for sample lengths established that they were not longer than two metres or shorter than 0.3 metres.  The veins tend to be steeply dipping to vertical, and so these samples are reasonably close to representing the true widths of the structures.  Samples were collected along the structural strike or oblique to the main structural trend.

All samples were bagged in pre-numbered plastic bags; each bag had a numbered tag inside and were tied off with adhesive tape and then bulk bagged in rice bags in batches not to exceed 40 kg.  They were then numbered, and batch bags were tied off with plastic ties and delivered directly to the SGS laboratory facility in Durango, Mexico for preparation and analysis.  The lab is accredited to ISO/IEC 17025:2017.  All Samples were delivered in person by the contract geologist who conducted the sampling under the supervision of the QP.

SGS sample preparation code G_PRP89 including weight determination, crushing, drying, splitting, and pulverizing was used following industry best practices where all samples were crushed to 75% less than 2 mm, riffle split off 250 g, pulverized split to >85% passing 75 microns (μm).  All samples were analyzed for gold using code GA_FAA30V5 with a Fire Assay determination on 30g samples with an Atomic Absorption Spectography finish.  An ICP-OES analysis package (Inductively Coupled Plasma - Optical Emission Spectrometry) including 33 elements and 4-acid digestion was performed (code GE_ICP40Q12) to determine Ag, Zn, Pb, Cu and other elements.

Qualified Person

Mr. Jorge Ortega, P. Geo, a Qualified Person, and independent from Pinnacle, as defined by National Instrument 43-101, and the author of the NI 43-101 Technical Report for the Potrero Project, has reviewed, verified and approved for disclosure the technical information contained in this news release.

About the Potrero Property

El Potrero is located in the prolific Sierra Madre Occidental of western Mexico and lies within 35 kilometres of four operating mines, including the 4,000 tonnes per day (tpd) Ciénega Mine (Fresnillo), the 1,000 tpd Tahuehueto Mine (Luca Mining) and the 250 tpd Topia Mine (Guanajuato Silver).

High-grade gold-silver mineralization occurs in a low sulphidation epithermal breccia vein system hosted within andesites of the Lower Volcanic Series and has three historic mines along a 500 metre strike length.  A historic resource based upon underground sampling of those three mines is reported to consist of 45,561 tonnes at 8.0 g/t gold and 186 g/t silver. The property has been in private hands for almost 40 years and has never been drilled or explored by modern methods, leaving significant exploration potential.

A 100 tpd plant on site can be refurbished / rebuilt and historic underground mine workings rehabilitated at relatively low cost in order to achieve near-term production once permits are in place. The property is road accessible with a power line within three kilometres.  Surface rights over the plant and mine area are privately owned (no community issues).

Pinnacle will earn an initial 50% interest immediately upon commencing production.  The goal would then be to generate sufficient cash flow with which to further develop the project and increase the Company's ownership to 100% subject to a 2% NSR.  If successful, this approach would be less dilutive for shareholders than relying on the still challenging equity markets to finance the growth of the Company.

About Pinnacle Silver and Gold Corp.

Pinnacle is focused on district-scale exploration for precious metals in the Americas.  The addition of the high-grade Potrero gold-silver project in Mexico's Sierra Madre Belt complements the Company's project portfolio and provides the potential for near-term production . In the prolific Red Lake District of northwestern Ontario, the Company owns a 100% interest in the past-producing, high-grade Argosy Gold Mine and the adjacent North Birch Project with an eight-kilometre-long target horizon . With a seasoned, highly successful management team and quality projects, Pinnacle Silver and Gold is committed to building long -term , sustainable value for shareholders.

Signed: "Robert A. Archer"

President & CEO

For further information contact :

Email: info@pinnaclesilverandgold.com

Tel.:  +1 (877) 271-5886 ext. 110

Website: www.pinnaclesilverandgold.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release .

Copyright (c) 2025 TheNewswire - All rights reserved.

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District-scale silver-gold exploration and development in the Americas

Pinnacle Increases Non-Brokered Private Placement

Pinnacle Increases Non-Brokered Private Placement

(TheNewswire)

VANCOUVER, BRITISH COLUMBIA, July 25, 2025 TheNewswire - (TSXV: PINN,OTC:NRGOF, OTC: PSGCF, Frankfurt: P9J) Pinnacle Silver and Gold Corp. (" Pinnacle " or the " Company ") is pleased to announce that, due to strong investor demand, it is increasing its non-brokered private placement announced on July 14, 2025 to now raise gross proceeds of up to $1,650,000 (the "Offering").  The Offering will now consist of up to 27,500,000 units (the "Units") with each Unit, priced at $0.06, comprising one common share ("Share") in the capital of the Company and one-half share purchase warrant ("Warrant").  Each whole Warrant shall be convertible into an additional Share at an exercise price of $0.10 for a period of 24 months from the date of issuance.  Finder's fees consisting of 7 per cent in cash commission and 7 per cent in non-transferable finders' warrants may be paid in connection with the offering.  Each finder's warrant entitles the holder to acquire one common share at $0.10 cents per share over a 24-month period.

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Pinnacle Clarifies Previous News Release

Pinnacle Clarifies Previous News Release

(TheNewswire)

VANCOUVER, BRITISH COLUMBIA TheNewswire - July 22, 2025 (TSXV: PINN,OTC:NRGOF, OTC: PSGCF, Frankfurt: P9J) Pinnacle Silver and Gold Corp. (" Pinnacle " or the " Company ") announces that it is clarifying its previous news release at the request of CIRO.  The Company's continuing underground channel sampling in the historic Pinos Cuates mine at the El Potrero Project in Durango, Mexico has returned multiple high-grade assays up to 85.1 gramstonne gold (gt Au) and 520 gramstonne silver (gt Ag) over 0.5 metres .  A raise (inclined tunnel) between the main and upper levels of the mine provided additional access to the highest grade portion of the vein reported in Pinnacle news release of June 2, 2025 that returned composite channel assays of up to 19.4 gt Au and 266 gt Ag over 4.1 metres.

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Pinnacle Samples up to 85.1 g/t Gold and 520 g/t Silver at El Potrero

Pinnacle Samples up to 85.1 g/t Gold and 520 g/t Silver at El Potrero

(TheNewswire)

VANCOUVER, BRITISH COLUMBIA, July 22, 2025 TheNewswire - (TSXV: PINN,OTC:NRGOF, OTC: PSGCF, Frankfurt: P9J) Pinnacle Silver and Gold Corp. (" Pinnacle " or the " Company ") is pleased to announce that continuing underground channel sampling in the historic Pinos Cuates mine at the El Potrero Project in Durango, Mexico has returned multiple high-grade assays up to 85.1 gramstonne gold (gt Au) and 520 gramstonne silver (gt Ag) over 0.5 metres . A raise (inclined tunnel) between the main and upper levels of the mine provided additional access to the highest grade portion of the vein reported in Pinnacle news release of June 2, 2025 that returned composite channel assays of up to 19.4 gt Au and 266 gt Ag over 4.1 metres.

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Pinnacle Engages ITG as Market Maker and Closes Shares for Debt Settlement

Pinnacle Engages ITG as Market Maker and Closes Shares for Debt Settlement

(TheNewswire)

VANCOUVER, BRITISH COLUMBIA TheNewswire - July 17, 2025 (TSXV: PINN,OTC:NRGOF, OTC: PSGCF, Frankfurt: P9J) Pinnacle Silver and Gold Corp. (" Pinnacle " or the " Company ") is pleased to announce that, subject to regulatory approval, it has engaged the services of Independent Trading Group ("ITG") to provide market-making services in accordance with TSXV policies. ITG will trade shares of the Company on the TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's common shares.

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Michael Kott Acquires Common Shares of Pinnacle Silver and Gold Corp.

Michael Kott Acquires Common Shares of Pinnacle Silver and Gold Corp.

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Element79 Gold Engages Rangefront Mining Services to Prepare NI 43-101 Technical Report on Gold Mountain Project; Site Visit Completed

Element79 Gold Engages Rangefront Mining Services to Prepare NI 43-101 Technical Report on Gold Mountain Project; Site Visit Completed

(TheNewswire)

Vancouver, BC TheNewswire - August 6, 2025 Element79 Gold Corp (CSE: ELEM,OTC:ELMGF | FSE: 7YS0 | OTC: ELMGF) ("Element79 Gold" or the "Company" ) is pleased to announce that it has formally engaged Rangefront Mining Services of Elko, Nevada to prepare a National Instrument 43-101 Technical Report ("NI 43-101 Report") for the Company's Gold Mountain Project located in Lander County, Nevada.

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RUA GOLD Expands Reefton Drill Program and Provides Strategic Outlook

RUA GOLD Expands Reefton Drill Program and Provides Strategic Outlook

Rua Gold Inc. (TSXV: RUA,OTC:NZAUF) (OTCQB: NZAUF) (WKN: A40QYC) ("Rua Gold" or the "Company") is pleased to announce the commencement of an expanded drilling program at its Reefton Project on the South Island of New Zealand, and outlines the strategy for its fully funded 12-month exploration program. 

   

 Highlights: 

 

Robert Eckford, CEO of Rua Gold commented: "We closed Q2 2025 with $14 million in the treasury, placing us in a strong position to execute on our aggressive exploration plan in New Zealand. Over the past month, our Board and Management team have been focused on shaping the Company's strategy to transition us from an explorer to a developer.

With New Zealand's highly supportive permitting regime, our goal is to rapidly build ounces on our balance sheet and enter the "Fast Track Permitting Process" in 2026.

As our gold-antimony resource continues to grow rapidly - and with antimony at the top of every nations' critical minerals lists - the significance of this resource expansion and accelerated permitting is substantial for both Rua Gold and New Zealand"

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Figure 1: Conceptual Plan for Auld Creek Resource Expansion Drilling

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Figure 2: Alexander River long-section schematic 

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Reefton Goldfield Exploration Overview

The Reefton Goldfield is an orogenic district that produced 2Moz of gold at grades up to 50g/t up to the early 1900s. Rua Gold has assembled 120,000 hectares within this district that has seen limited drilling in the last 30 years. This goldfield is analogous in age, geology, mineralization style, and geological structure to that of Southern Cross Gold and the Fosterville Gold mine.

Auld Creek: Rua Gold commenced drilling at Auld Creek in December 2024 and has completed ~2,800 metres of drilling. The targeted program aims to add a further 4,000 metres of drilling across four mineralised shoots identified from surface exploration work (Figure 1). Following this, the resource will be refreshed and updated into the 43-101 report.

The Company is targeting an increase of the Auld Creek resource to over 300,000 gold-equivalent ounces by the end of 2025. This target is a global estimate based on current resource surface extension of 350 metres being extended over a 1km on surface at similar depths of 280 metres. Insufficient exploration to define a mineral resource has been completed to date and there is uncertainty if a mineral resource estimate will be delineated, therefore economic decisions should not be made on this target.

Auld Creek is situated between two past producing mines, Globe Progress mine, and the Crushington Group of mines which collectively produced 933,000oz at 14.0g/t Au (Barry 1993).

Cumberland: Initial drilling from Rua Gold confirms the consistency of the near-surface gold mineralization and supports the strong potential of this target. Ongoing drilling is targeting the southern surface extension 100m along strike and at depth. Intensified surface exploration is underway to delineate additional drill targets along the 2.5 km long gold mineralized shear zone.

Additional targets are currently being modelled and surveyed across the Reefton Goldfield, including Caledonia in the north, and Alexander River in the south. Caledonia represents a historical mine recording the highest grade production (9 oz/ton gold) in the Reefton Goldfield. It was abandoned early and represents a shallow development target.

"The first crushing yielded at the rate of 9 oz. per ton, with subsequent crushings averaging about 4 oz. per ton. The ore-shoot had a steep easterly dip, and pitched to the north at about 30°. It had an average length of about 180 ft. and a width of 3 ft." * Henderson 1917.

Alexander River returned historical production of 41Koz @ 26g/t Au, mining ceasing in 1942 due to WWII. Mineralization outcrops over 1.2kms, comprises high-grade quartz reefs and disseminated sulfides; predecessor Siren Gold drilled extensively along the structure, and intersected some exceptionally high-grade zones which remain open at depth (Figure 2 Alexander River long-section schematic).

An Inferred Resource 130koz @ 4.1g/t Au* has potential to develop along strike and at depth, remodeling and further drilling is a priority of the strategic plan.

*NI 43 101 Technical Report on the Reefton Project, New Zealand. Prepared for Rua Gold Inc, 30 October 2024.

Glamorgan Exploration Overview

Glamorgan on the North Island is an exciting new epithermal gold target. Rua Gold has completed extensive surface exploration over the past 12 months as a precursor to drill targeting. Four significant gold-arsenic soil anomalies trending north, north-east and north-northwest strike out individually over 4 kms in length. Drill applications have now been submitted and drilling is expected to commence in Q4 2025.

Results from the work to date indicate the classic features of a major epithermal gold-silver system and are identical to the surface features of neighboring OceanaGold Project, Wharekirauponga, which is currently in New Zealand's Fast Track Permitting process with a decision expected in Q4 2025.

Importantly, Rua Gold's Chief Operating Officer, Simon Henderson was a member of the exploration team that led to the discovery of Wharekirauponga and has more the 25 years working in the region.

New Marketing Agreements

Capital Gain Media Inc.: On August 4, 2025, the Company entered into an investor relations agreement with Capital Gain Media Inc. ("Capital Gain"). Pursuant to the investor relations agreement, Capital Gain has agreed to provide content development and digital marketing services. The investor relations agreement will remain in effect for five (5) months commencing on August 4, 2025. In accordance with the terms and conditions of the investor relations agreement and as consideration for the services provided by Capital Gain, the Company agreed to pay an aggregate cash fee of US$120,000, plus applicable taxes. As of the date hereof, to the Company's knowledge, Capital Gain (including its directors and officers) does not own any securities of the Company and has an arm's-length relationship with the Company. Under the Capital Gain Agreement, the Company will not issue any securities to Capital Gain as compensation for its marketing service. Capital Gain provides investor relation services and the contact information for Capital Gain is: Capital Gain Media Inc., 1111 West Hastings Street, 15th Floor, Vancouver, BC V6E 2J3. The contact person of Capital Gain is Graham Colmer, email: admin@capitalgainmedia.com, phone: 1 (604) 379-8363.

Sidis Holdings: The Company has entered into a Services Agreement dated July 30, 2025 (the "Sidis Holdings Agreement") with Sidis Holdings pursuant to which Sidis Holdings has agreed to provide investor relations, market awareness campaigns and digital media support. Pursuant to the terms of the Sidis Holdings Agreement, such services are to be provided over a 6-month period, for a fee of US$120,000 plus applicable taxes. Sidis Holdings is a full-service marketing agency based in Hong Kong, and is headed by Francis Barker. As of the date hereof, to the Company's knowledge, Sidis Holdings (including its directors and officers) does not own any securities of the Company and has an arm's-length relationship with the Company. Under the Sidis Holdings Agreement, the Company will not issue any securities to Sidis Holdings as compensation for its marketing service.

ABOUT Rua Gold

Rua Gold is an exploration company, strategically focused on New Zealand. With decades of expertise, our team has successfully taken major discoveries into producing world-class mines across multiple continents. The team is now focused on maximizing the asset potential of Rua Gold's two highly prospective high-grade gold projects.

The Company controls the Reefton Gold District as the dominant landholder in the Reefton Goldfield on New Zealand's South Island with over 120,000 hectares of tenements, in a district that historically produced over 2Moz of gold grading between 9 and 50g/t.

The Company's Glamorgan Project solidifies Rua Gold's position as a leading high-grade gold explorer on New Zealand's North Island. This highly prospective project is located within the North Islands' Hauraki district, a region that has produced an impressive 15Moz of gold and 60Moz of silver. Glamorgan is adjacent to OceanaGold Corporation's biggest gold mining project, Wharekirauponga.

For further information, please refer to the Company's disclosure record on SEDAR+ at www.sedarplus.ca.

TECHNICAL INFORMATION

Simon Henderson CP, AUSIMM, a qualified person under National Instrument 43-101 Standards of Disclosure for Mineral Projects and Chief Operating Officer and a director of Rua Gold, has reviewed and approved the technical disclosure contained herein. Mr. Henderson has verified the data disclosed by running checks on the location, analytical, and test data underlying the information in the technical disclosure herein.

Rua Gold Contact

Robert Eckford
Chief Executive Officer
Email: reckford@RUAGOLD.com
Website: www.RUAGOLD.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and specifically include statements regarding: the Company's strategies, expectations, planned operations or future actions, including but not limited to exploration programs at its Reefton and Glamorgan projects and the results thereof. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.

Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company's control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward looking statements. Some of these risks, uncertainties and factors include: general business, economic, competitive, political and social uncertainties; risks related to the effects of the Russia-Ukraine war; risks related to climate change; operational risks in exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; changes in labour costs and other costs and expenses or equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, flooding or unfavorable operating conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and commodity prices. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and reference should also be made to the Company's short form base shelf prospectus dated July 11, 2024, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.

Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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FinEx Metals Commences Drill Program At Ruoppa Gold Project

FinEx Metals Commences Drill Program At Ruoppa Gold Project

(TheNewswire)

Vancouver, British Columbia, August 5, 2025 TheNewswire - FinEx Metals Ltd. (TSX-V: FINX) ("FinEx" or the "Company") is pleased to announce it has commenced diamond drilling on its 100% owned Ruoppa gold project, located in the Central Lapland Greenstone Belt of northern Finland.

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