Pinnacle Silver & Gold outlines fast-track plan to restart El Potrero gold-silver mine in Mexico
Reuters2026/09/09 04:05Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Pinnacle Silver & Gold outlined a strategy to restart high-grade, past-producing underground mines, targeting rapid production funded largely by cash flow.
- Auramet Capital Partners named lead financier for USD 5 million in non-dilutive funding to cover initial capex and early opex.
- El Potrero in Mexico’s Sierra Madre Belt positioned as the first restart asset, supported by on-site infrastructure including a 100 tpd plant slated for low-cost rebuild.
- Preliminary metallurgy cited head grades near 7.7 g/t gold, 116 g/t silver, gold recovery above 97%, with dry-stack tailings planned.
- El Potrero earn-in targets 100% ownership subject to a 2% NSR, reaching 50% at production start with staged payments over two years.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pinnacle Silver & Gold Corp. published the original content used to generate this news brief on September 09, 2026, and is solely responsible for the information contained therein.
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