Pinnacle Silver & Gold Corp ($PINN) Sets 2027 Production Target for Flagship Mexico Gold-Silver Mine
SmallCap Asia | 亚洲小盘股 Apr 29, 2026
Summary
Pinnacle Silver & Gold aims to restart its long-dormant El Potrero gold-silver mine in Durango, Mexico, with production targeted by the end of 2027.
CEO Robert Archer says the project sits among four operating mines, with road, water, and power access and a 100-tonne-per-day plant to refurbish.
The company plans an off-take agreement (selling future output to a metal trader) for non-dilutive production financing of about $4-5 million US.
Archer points to drilling, metallurgical testing, resource estimates, and a formal production decision expected later in 2026 as coming milestones.
Mr. Robert Alexander Archer P.Geo.'s takeaways
- Top takeaway Archer's central argument is a business strategy rather than pure exploration: get into production and positive cash flow as quickly as possible to take advantage of what he describes as currently higher precious metal prices.
- He contends the roughly US$4-5 million funding need, arranged as an off-take with a metal trader, lets the company advance without diluting shareholders.
- He expects several opportunities for the stock to re-rate during 2026 as news flow builds toward a formal production decision later in the year.
- He presents the dormant 100-tonne-per-day plant and existing road, water and power infrastructure as advantages that shorten the path once refurbishment starts in early 2027.
Sing Ying's takeaways
- Top takeaway Host Sing Ying interviews Pinnacle's CEO live at the Ignite Investment Summit in Singapore, in an interview she says is disseminated on behalf of the company.
- She frames the discussion around the company's origins, its strategy and timeline, its advantages over peers, and why investors might add the stock now.