Pinnacle Silver and Gold discovers new polymetallic zone at El Potrero

0:00Welcome back inside our proactive newsroom and joining me now is Robert Arching is the CEO of pinnacle silver and gold and Bob's great see again. How are you? You two stay well. Thanks to yourself. Good. So pretty interesting news out this morning about finding this this new polymetallic zone at your project. So reminded me a little bit about the project and I know the the work that you've been doing that really led to today's news release. Well, the El Petrero project has for us and historically been a gold silver project and we've been focused on the northern 10% of the of the claim blocks on the old historic mines. That's where the plant is that's where it was in production before and it's always been a gold silver project and we flew a LiDAR survey over the entire project last fall and came up with a number of targets for from that. And when we followed up down on the south western portion of the project, we discovered silver led zinc mineralization, which is considerably different from the gold silver that we've been following to date.

1:07But when we step back and look at it in a regional context, we see that this portion of our project is only four kilometers away from the topia mine, which is a polymetallic silver led zinc mine. So in that sense, it's not entirely surprising that that mineralization should be there, but it's entirely new for us and it brings on a whole new dimension for the project. Yeah, and that was going to be my question. What does it do for the project now? Because obviously you were focused on on one particular way. Is this just something that you're aware of that you'll start to moving in conjunction or how does it all work? Well, yeah, it'll certainly be moving forward. We'll do more follow up work first, trying to trace out the veins, doing more sampling and so on. And ultimately getting those to the point of drilling later on in the year when we're drilling on the northern portion as well. So we'll be able to run that the long kind of in parallel and we'll see how it develops. I mean, the one thing about the polymetallic mineralization is that it will require

2:10or assuming that it was to get as far as production, it would require a flotation circuit as opposed to the leaching circuit that we have set up in the northern part for the gold silver. So it'll be a different processing plant, but I mean, that's that's a little ways off and you know, we'll cross that bridge when we get there, but it's exciting to have another target like this on the project. So I know that you're continuing to work, look at the work that you've done already in the LiDAR stuff and there's a lot of things that are still happening right now. So maybe talk to us a bit about, you know, the next three to six months, sort of the things that that you want to accomplish is that a lot of just keeping up to date with what's going on the LiDAR stuff and then moving into more field work or how's it going to work. Well, there's the two different aspects. I mean, the LiDAR and what we've just discovered, that's more on the exploration side. So certainly as we move that forward and more release results as they come out, but for what we were doing all through last year and more recently, we're rehabilitating the historic underground workings on the northern part of the property and the guys are in there right now doing exactly that and

3:23you know, building out the the drill stations underground in preparation for an underground delineation drilling program, which should start in a few weeks. So, so that's, you know, that's actively going on right now and once that gets going, we'll certainly have lots of lots of news out on that. And then that will gradually, just move into surface drilling on those same targets and moving everything ultimately towards a production decision later in the year. But all in all, it's been fairly positive, I think. Are you pretty happy with where you're at? Yeah, very much so. I mean, considering you've only had this project for just over a year, I'm very happy with the way it's progressing and just following along our fast drive to production. Bob, thanks so much. Good update. As always, I know we're going to talk again real soon, because there's lots of news coming out. So good to see you again. Thanks very much. Certainly will be thanks, Dave. All right, there's Robert Archer, the CEO of pinnacle silver and gold.