Pinnacle Amends Payment Terms for El Potrero Project
250 - 750 West Pender Street, Vancouver, BC V6C 2T7 - Tel. +1 (877) 271 – 5886 ext. 110
TSXV: PINN OTC: PSGCF
Pinnacle Amends Payment Terms for El Potrero Project
VANCOUVER, BRITISH COLUMBIA, February 23, 2026 (TSXV: PINN, OTC: PSGCF, Frankfurt:
P9J) – Pinnacle Silver and Gold Corp. ("Pinnacle" or the “Company") is pleased to announce that it
has signed an amendment agreement with the vendor of the Potrero Project in Durango, Mexico
whereby the original payment of US$750,000 due on February 21 , 2026 (see Pinnacle news release of
February 24, 2025 ) will be split into three equal portions. The new payment schedule will comprise
payments of US$250,000 on each of February 24, May 24 and August 24, 2026. All other cash
payments and share issuances remain the same.
“Robert Archer, President and CEO of Pinnacle stated, “ We are very appreciative of the opportunity to
spread out the payments as this will allow us to better budget our direct project costs and place more
emphasis on advancing the project. With our recently completed financing, we are continuing our fast -
track approach to production at El Potrero with the upcoming underground drilling program.”
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. T he property has been in private hands for almost 40 years and has never been
systematically explored by modern methods, leaving significant exploration potential.
A previously operational 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.
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 equity markets to finance the growth of the Company.
About Pinnacle Silver and Gold Corp.
Pinnacle is focused on the development of precious metals projects in the Americas. The high- grade
Potrero gold- silver project in Mexico’s Sierra Madre Belt hosts an underexplored low -sulphidation
epithermal vein system 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.
250 - 750 West Pender Street, Vancouver, BC V6C 2T7 - Tel. +1 (877) 271 – 5886 ext. 110
TSXV: PINN OTC: PSGCF
Signed: “Robert A. Archer”
President & CEO
FOR FURTHER INFORMATION CONTACT:
Email: [email protected]
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.