Company Overview - Silver Tiger Metals Inc. is a Canadian company based in Halifax, Nova Scotia, focused on developing production at the El Tigre Silver Mining District in Sonora, Mexico [1][4] - The management team has over 27 years of experience in discovering, financing, and building large hydrothermal gold and silver mines in Mexico [4] Project Details - Silver Tiger commenced work on the El Tigre Project in 2017, which includes plans for both open pit and underground mining [5] - The company has drilled over 150,000 meters at the El Tigre Project, with 119,000 meters completed since 2020 [5] - A Preliminary Economic Assessment (PEA) for the El Tigre open pit was released in November 2023, showcasing robust economics [6] Economic Metrics - The October 2024 Pre-Feasibility Study (PFS) for the El Tigre open pit projects an After-Tax Net Present Value (NPV) of US$222 million at a 5% discount rate and an After-Tax Internal Rate of Return (IRR) of 40.0% with a payback period of 2.0 years [6] - The project is expected to have a 10-year mine life, delivering a life of mine undiscounted After-Tax Cash Flow of US$318 million [6] - Initial capital costs are estimated at $86.8 million, with operating cash costs projected at $973/oz AuEq and $12/oz AgEq, and All-In Sustaining Costs (AISC) at $1,214/oz AuEq and $14/oz AgEq [6] Upcoming Events - Glenn Jessome, President & CEO, will present live at the Metals & Mining Virtual Investor Conference on July 23, 2025, with opportunities for real-time investor questions [1][2] - The company will be available for one-on-one meetings from July 23 to 25, 2025 [2] Future Developments - Silver Tiger is currently drilling from underground drill pads, focusing on high-grade silver veins, sulphide, and shale zones [7] - A PEA for the permitted underground mineral resource is expected to be released in July 2025 [7]
Silver Tiger Metals to Present at the Metals & Mining Virtual Investor Conference July 23rd
GlobeNewswire News Roomยท2025-07-18 12:35