In this episode, Michael Fox is joined by Glenn Jessome, CEO of Silver Tiger Metals (TSX-V:SLVR) (OTCQX:SLVTF) discusses the company’s ambitious plans to become a major silver producer in Mexico. With a completed feasibility study for open-pit mining and plans for underground operations, Silver Tiger aims to produce 10 million silver equivalent ounces annually within the next few years
Glenn addresses recent developments in Mexico’s mining policies. Initially concerned about potential open-pit mining bans, Jessup now expresses optimism about the new government’s approach. He expects mining permits to be issued before year-end or early next year, potentially boosting Mexican mining companies.
Silver Tiger’s project plans for 2025 include completing the open pit and developing an underground mine with potential for 50 million USD in annual free cash flow over 10 years. The company aims to self-fund the underground operation using cash flow from the open pit.
With over 25 years of experience in Mexican silver projects, Silver Tiger Metals is well-positioned to capitalize on the country’s rich mineral resources while prioritizing environmental and social responsibilities.
About Silver Tiger Metals
Silver Tiger Metals Inc. is a Canadian company whose management has more than 25 years’ experience discovering, financing and building large hydrothermal silver projects in Mexico. Silver Tiger’s 100% owned 28,414 hectare historic El Tigre Mining District is located in Sonora, Mexico. Principled environmental, social and governance practices are core priorities at Silver Tiger.
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