Silver Tiger Metals Inc - SLVTF STOCK NEWS

Silver Tiger Metals Inc. (SLVR/SLVTF) announces its participation in the Vancouver Resource Investment Conference (VRIC) on January 19-20, 2025, at the Vancouver Convention Centre West. The company will be present at Booth #428.

The VRIC 2025 will feature over 120 expert speakers, including economists, money managers, and investors. The conference will provide networking opportunities with more than 5,000 industry professionals and showcase exhibits focused on innovations in the resource sector. Attendees will gain insights into commodities, precious metals, energy, and critical minerals trends.

Silver Tiger Metals (TSXV:SLVR, OTCQX:SLVTF) has provided its 2024 review and 2025 outlook for the El Tigre Project in Sonora, Mexico. The company reported $7.0 million cash on hand as of September 30, 2024.

Key 2024 achievements include delivering a Preliminary Feasibility Study (PFS) with an After-Tax NPV of US$222 million, 40% IRR, and 2.0-year payback period. The project features a 10-year mine life with 43 million payable silver equivalent ounces, initial capital costs of $86.8 million, and average AISC of $1,214/oz AuEq.

The company's 2025 objectives include completing a 5,000-meter underground drill program, delivering a Preliminary Economic Assessment for the underground resource in H1-2025, securing project financing for the open pit portion, and making a construction decision upon receiving open pit permits.

Silver Tiger Metals has filed a Preliminary Feasibility Study (PFS) for its El Tigre Silver-Gold Project in Sonora, Mexico. The study reveals an After-Tax NPV of US$222 million with a 40.0% IRR and 2.0-year payback period. The project features a 10-year mine life with total production of 43 million payable silver equivalent ounces, requiring initial capital costs of $86.8 million.

Key metrics include average operating cash costs of $973/oz AuEq, AISC of $1,214/oz AuEq, and average annual production of 4.8 million AgEq oz. The project will process 40,292kt of material with silver grades of 14.9 g/t and gold grades of 0.40 g/t, achieving recovery rates of 45%/40% for silver and 83%/56% for gold in oxide/sulfide ores.

Silver Tiger Metals has commenced its underground drilling campaign at the El Tigre Project in Sonora, Mexico, targeting Veins, Sulfide Zone, and Shale Zone. The company plans to complete a Preliminary Economic Assessment (PEA) for the underground component in H1-2025. The 5,000-meter drilling program is being conducted from a 400-meter-long rehabilitated haulage-way, with assays expected before EOY 2024. The project shows significant exploration potential with an Exploration Target of 10 to 12 million tonnes at 225 to 265 g/t AgEq for 73 to 100 Moz AgEq.

Silver Tiger Metals (TSXV: SLVR) (OTCQX: SLVTF) has announced its participation in the 50th Annual New Orleans Investment Conference scheduled for November 22nd at the Hilton New Orleans Riverside. Devin Devarennes, VP Investor Relations, will deliver an investor presentation and conduct one-on-one meetings with investors. The conference, known for attracting leading analysts and investors globally, will feature discussions on major asset classes, including Silver Mining.

Silver Tiger announced a Preliminary Feasibility Study (PFS) for its El Tigre Silver-Gold Project in Sonora, Mexico. Key highlights include:

NPV: US$222 million (5% discount rate) with a 40% IRR and a 2-year payback period.

Mine Life: 10 years, recovering 43 million payable silver equivalent ounces (AgEq).

Financials: Total after-tax cash flow of US$318 million, initial capital costs of $86.8 million, expansion capital of $20.1 million in year 3, and sustaining capital costs of $6.2 million.

Costs: Average operating cash costs of $973/oz AuEq and AISC of $1,214/oz AuEq.

Production: Average annual production of 4.8 million AgEq oz.

The updated Mineral Resource Estimate (MRE) shows:

• 200 Moz AgEq grading 92 g/t AgEq in Measured & Indicated categories.
• 84 Moz AgEq grading 180 g/t AgEq in Inferred category.

The PFS was prepared by independent consultants, with metallurgical test work and process plant design contributing to the robust economic outlook of the project.

Silver Tiger Metals (TSXV:SLVR, OTCQX:SLVTF) has reported results from the final geotechnical holes of its Pre-Feasibility Study (PFS) drilling program at the El Tigre Project in Sonora, Mexico. Key highlights include:

- Drill hole ET-23-513 intersected 126.6m of 0.77 g/t gold equivalent from 7.4m depth, including 19.6m of 1.68 g/t gold equivalent

- Results confirm strong near-surface mineralization in the Stockwork Zone

- PFS drilling program totaled 24,550 meters, expanding known mineralization by 10-15%

- Updated Mineral Resource Estimate shows Indicated Resource of 818,000 oz AuEq at 0.59 g/t

The company aims to publish the PFS in H2 2024, transitioning El Tigre from exploration to development stage. CEO Glenn Jessome stated these results further de-risk the project and increase confidence in its potential.

Silver Tiger Metals (TSXV:SLVR, OTCQX:SLVTF) has reported promising results from its Pre-Feasibility Study drilling program at the El Tigre Project in Sonora, Mexico. Key highlights include:

- Drill hole ET-24-609 intersected 50.7 metres grading 155.0 g/t silver equivalent in the Keel Zone of the Seitz Kelly vein, including 14.3 metres of 334.3 g/t silver equivalent.

- The drilling has expanded known mineralization by 10-15% and is projecting mineralization 100 metres below the PEA designed pit.

- The company has completed 24,550 metres of PFS drilling, focusing on expanding and upgrading the mineral resource.

- Silver Tiger is on track to publish its Pre-Feasibility Study in H2-2024, progressing from exploration to development stage.

Silver Tiger Metals reported notable drilling results from its El Tigre Project in Sonora, Mexico, as part of its Pre-Feasibility Study (PFS). Key findings include:

Drill hole ET-24-592 intersected 59.0 meters grading 66.7 g/t silver equivalent, including 2.0 meters at 635.1 g/t silver equivalent.

Drill hole ET-24-590 found 72.0 meters at 60.8 g/t silver equivalent, with a highlight of 24.0 meters at 90.2 g/t silver equivalent.

Drill hole ET-24-588 confirmed high-grade mineralization with 22.0 meters at 101.5 g/t silver equivalent.

These results extend the known mineralization north and south of the Starter Pit, enhancing the project's mineral resource estimate (MRE).

CEO Glenn Jessome indicated that the PFS is de-risking the project, with a report expected by September 2024. The PFS drilling program has completed 24,550 meters, focusing on resource expansion and classification upgrades. The updated MRE shows 43.0 million tonnes of indicated resources at 0.59 g/t AuEq and 11.5 million tonnes of inferred resources at 0.72 g/t AuEq.