Development-stage company targets underground drilling and plant rehabilitation in Durango
What is Pinnacle Silver & Gold working toward at its Durango project?
Pinnacle Silver & Gold is advancing a past-producing mine in Durango, Mexico, with the goal of restarting production. The company is currently rehabilitating underground workings, preparing for drilling, and evaluating upgrades to the existing processing plant.
Reviving past-producing mines is a strategy often used by exploration and development companies seeking to accelerate timelines toward production.
Pinnacle Silver & Gold is applying that approach at its project in Durango, Mexico, where the company is working to advance a historic mine toward renewed operations.
As a development-stage company focused on gold and silver, Pinnacle is targeting a potential production timeline before the end of 2027.
The company’s current activities are centered on preparing the property for expanded exploration and development work.
One of the first steps involves rehabilitating the historic underground workings.
Reopening these areas allows the company to safely access the old mine infrastructure and prepare for a planned underground drilling program.
At the same time, Pinnacle is evaluating upgrades to the existing processing plant located on site.
While the facility will require some rehabilitation and rebuilding, management notes that the expected cost of these upgrades is relatively modest compared with constructing a new plant from scratch.
Exploration work is already underway underground.
The company has collected nearly 900 underground samples, providing valuable data about the location and continuity of mineralization within the historic workings.
This information will help guide future drilling programs designed to expand and better define the resource potential of the project.
For investors, past-producing mines can present unique opportunities.
Because the infrastructure and mineralization have already been established historically, companies may be able to move toward development more quickly than at completely new exploration projects.
Pinnacle Silver & Gold believes its ongoing work could position the company for significant progress in the coming year.
To learn more about Pinnacle Silver & Gold (TSX.V: PINN, OTC: NRGOF) , please click the request investor info button.