Pinnacle Provides Project Update for El Potrero as it Advances Towards a Production Decision - NAI500

Pinnacle provided a project update for El Potrero as it progresses toward a production decision, which is relevant for forward supply expectations (likely silver/gold depending on the asset). Near-term impact is mainly single-name/region sentiment: milestones that de-risk permitting, financing, or mine plan can tighten perceived medium-term supply optionality. For the broader metals book, this is incremental—watch for timelines to construction, expected annual ounces, and capex/opex assumptions that influence the marginal-cost curve. Trade implication is limited unless the project is large or signals a wave of similar brownfield restarts.