The Prospector News

Mining Network – “Silver Tiger Metals LIVE WEBINAR” (Video)

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Mining Network – “Silver Tiger Metals LIVE WEBINAR” (Video)

 

Silver Tiger Metals and Mining Network offer investors the opportunity to engage directly with Glenn Jessome on the progress at El Tigre.

2025 is set to be an inflection point for Silver Tiger as permits, project financing and a construction decision are expected to be delivered within the year.

Silver Tiger Metals Inc. is a Canadian company whose management has more than 27 years’ experience discovering, financing, and building large hydrothermal gold and silver mines in Mexico.

Silver Tiger commenced work on its El Tigre Project, located in Sonora, Mexico in 2017. El Tigre will be an open pit and underground mine. Silver Tiger has raised over $100 million CDN in 4 syndicated bought deal financings.

The majority of this money was invested by long only precious metals institutions. Silver Tiger has drilled over 150,000 meters at the El Tigre Project, with 119,000 meters completed since 2020.

Silver Tiger has completed several Mineral Resource Estimates (“MRE”), a maiden MRE in 2017 and MRE updates in 2023 and 2024. The Preliminary Economic Assessment for the El Tigre open pit was released in November 2023. The October 2024 Preliminary Feasibility Study (“PFS”) for the El Tigre open pit delivered robust economics.

We project an after-tax net present value (NPV) of US$222 million at a 5% discount rate, an after-tax internal rate of return (IRR) of 40.0%, and a payback period of just 2.0 years. This open pit operation is expected to have a 10-year mine life. The El Tigre project delivers a life of mine undiscounted after-tax cash flow of US$318 million, with initial capital costs of $86.8 million (including $9.3 million in contingency). Operating cash costs are projected at $973/oz AuEq and $12/oz AgEq, with all-in sustaining costs (AISC) at $1,214/oz AuEq and $14/oz AgEq. The economics of the Project have been evaluated based on a discounted $26/oz silver price and gold price of $2,150/oz.

 

Courtesy of the Mining Network

Posted December 2, 2024

Share this news article

MORE or "UNCATEGORIZED"


Mithril Silver & Gold Announces Closing of C$11.5 Million Brokered Private Placement of Ordinary Shares

Mithril Silver and Gold Limited (TSX-V: MSG) (ASX: MTH) is please... READ MORE

July 24, 2025

American Tungsten Corp. Announces Closing of Upsized $7m Financing

American Tungsten Corp. (CSE:TUNG) (OTCQB:DEMRF) (FSE:RK9) is ple... READ MORE

July 24, 2025

Aya Gold & Silver Reports Q2-2025 and Mid-July Production Results

Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF) is pleased t... READ MORE

July 24, 2025

NexGold Continues to Intersect High-Grade Gold Mineralization at the Goldboro Open Pit Gold Project, Including 108.76 g/t Au over 1.40 metres and 67.23 g/t gold over 2.20 metres

NexGold Mining Corp. (TSX-V: NEXG) (OTCQX: NXGCF) is pleased to p... READ MORE

July 24, 2025

Awalé Confirms Gold and Copper Mineralization Over 2 km of Strike at Lando, Odienné Project

HIGHLIGHTS Diamond and initial RC drilling at Lando have confirme... READ MORE

July 24, 2025

Copyright 2025 The Prospector News