- Silver Tiger Metals (TSXV:SLVR) is reporting robust assays from ongoing drilling on its El Tigre silver and gold project in Sonora, Mexico
- Highlights include 3 metres grading 1,526.3 grams per ton (g/t) silver equivalent within 17.3 metres grading 309 g/t silver equivalent, as well as 4.8 metres grading 321 g/t silver equivalent within 17.1 metres grading 140 g/t silver equivalent
- Silver Tiger Metals is a junior miner guided by a management team with more than 25 years’ experience discovering, financing and building large hydrothermal silver projects in Mexico
- Silver Tiger Metals stock has added 126.67 per cent year-over-year and over 380 per cent since 2020
Silver Tiger Metals (TSXV:SLVR) is reporting robust assays from ongoing drilling on its El Tigre silver and gold project in Sonora, Mexico.
The underground campaign is focused on the high-grade Vein, Sulfide and Shale Zones. Here are the highlights:
The El Tigre silver and gold deposit stems from a series of high-grade epithermal veins, structures and mineralized zones that have been traced for 5.3 kilometres along strike. The surrounding Sierra Madre silver and gold belt hosts numerous similar deposits, including Dolores, Santa Elena and Las Chispas.
Silver Tiger released a pre-feasibility study for the project in October 2024 following a mineral resource estimate in September 2023. A preliminary economic assessment is slated for the first half of 2025.
Leadership insights
“After completing our pre-feasibility study (PFS) for the open pit portion of the El Tigre project, we commenced an underground drilling program from the end of our 400-metre-long rehabilitated haulage-way, and have received promising, multi-kilo results from the Sulfide Zone,” Glenn Jessome, Silver Tiger Metals’ president and chief executive officer, said in a statement. “Drilling will target the high-grade Veins, Sulfide and Shale Zones as close as 40 metres below the pre-existing haulage way, providing valuable assay and geotechnical insight for the mineral resource blocks near the completed haulage way close to first development as we work to complete a preliminary economic assessment (PEA) on the underground portion of the El Tigre project in the first half of 2025.”
“With the PFS for the open pit completed and ready to build, and the PEA for the underground nearing completion, we continue to develop El Tigre into a large, long-life mining complex,” Jessome added.
About Silver Tiger Metals
Silver Tiger Metals is a junior miner guided by a management team with more than 25 years’ experience discovering, financing and building large hydrothermal silver projects in Mexico.
Silver Tiger Metals stock (TSXV:SLVR) is down by 5.56 per cent trading at C$0.34 as of 10:53 am ET. The stock has added 126.67 per cent year-over-year and over 380 per cent since 2020.
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(Top photo of 2023 drilling at the El Tigre project in Mexico: Silver Tiger Metals)
