The Prospector News

Silver Tiger Metals – 2024 Open-Pit Resource & PFS – 2025 Deeper Exploration Focus, Underground PEA

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Silver Tiger Metals – 2024 Open-Pit Resource & PFS – 2025 Deeper Exploration Focus, Underground PEA

 

 

 

 

Glenn Jessome, President and CEO of Silver Tiger Metals (TSX-V:SLVR) (OTCQX:SLVTF), joins Shad of the Korelin Report to recap the key milestones from 2024, and to look ahead to all the work initiatives and company and sector catalysts on tap for 2025, at the El Tigre Silver – Gold Project in Mexico.

 

We start off with a brief review the key takeaways from the updated Resource Estimate and Pre-Feasibility Study on the open-pit that were released to the market in 2024 as key company milestones. There has been a lot of drilling done to move categories from inferred into indicated, as well as metallurgical testing, preliminary engineering work, permitting, and social licensing.

 

Then we shift gears into the deeper drilling, from underground, that commenced at the end of last year and will be continuing into the first half of this year; testing the high-grade silver veins, sulphide zones, and shale areas, continuing to mass up underground resources. The strategy is then compile that exploration data with other ongoing derisking work into the Preliminary Economic Assessment out on the underground mining second phase out in the first half of 2025. There is going to be a steady stream of newsflow emanating from the Company over the next few months with regards to both exploration and development.

 

We also expand the conversation to touch upon the political change in administrations in Mexico in October and what it means for the mining sector. As underground and open-pit permits start getting granted in Mexico in the first half of 2025, Glenn points out that this permitting visibility will be a very meaningful catalyst for Mexican mining projects across the board to get rerated significantly higher. Glenn is also getting financial term-sheets in place to hit the ground running, once they receive their permit, and they can get the open-pit mine constructed and producing roughly 18 months after getting the green light to move ahead.

 

Courtesy of Silver Tiger Metals Via the Korelin Report

Posted January 7, 2025

Share this news article

MORE or "UNCATEGORIZED"


Antimony Resources Corp. (ATMY) (ATMYF) (K8J0) Reports Gold Assays Up To 1.88 Grams per Tonne (g/t) Gold Over 4.85 Meters from Drill Core Samples in the Main Zone at Bald Hill Antimony Project

Antimony Resources Corp. (CSE: ATMY) (OTCQB: ATMYF) (FSE: K8J0) is pleased to announce that it has ... READ MORE

June 30, 2026

Buffalo Potash Announces Closing of Second and Final Tranche of Oversubscribed and Upsized C$14.85 Million Non-Brokered Private Placement

Buffalo Potash Corporation (TSX-V: BUFF) (OTCQB: BLPTF) is pleased to announce that, further to its ... READ MORE

June 30, 2026

Fortuna delivers robust Feasibility Study for the Diamba Sud Gold Project in Senegal: After-tax IRR of 60% and NPV5% of US$1 billion using US$3,500/oz

Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI) announces positive results from the feasibility study fo... READ MORE

June 30, 2026

Contango Enhances Economics with Strategic Settlement of the Lucky Shot Milestone Payments and Receives $9 Million Cash Distribution from Peak Gold JV

Contango Silver and Gold Inc. (NYSE: CTGO) (TSX: CTGO) is pleased to announce that it has entered in... READ MORE

June 30, 2026

Lion One Announces Closing of First Tranche of Non-Brokered Private Placement of Convertible Debenture Units and Units for Gross Proceeds of $15.3 Million

Lion One Metals Limited (TSX-V: LIO) (OTCQX: LOMLF) is pleased to announce that it has closed the fi... READ MORE

June 30, 2026

Copyright 2026 The Prospector News