Welcome to our dedicated page for Silver Tiger Metals news (Ticker: SLVTF), a resource for investors and traders seeking the latest updates and insights on Silver Tiger Metals stock.
Overview
Silver Tiger Metals Inc (SLVTF) is a Canadian mining company with decades of experience in discovering, financing, and developing hydrothermal silver and gold projects in Mexico. The company owns the historic El Tigre Mining District in Sonora, an area renowned for its epithermal mineralization and extensive exploration legacy. Silver Tiger has established a robust track record by focusing on the application of advanced technical methodologies, precise drilling programs, and detailed resource estimation, which underpin its current transition from exploration to development.
Exploration and Drilling Programs
The company’s exploration initiatives are designed to expand and upgrade its mineral resource estimates. Through a comprehensive drilling program targeting multiple mineralized zones – including the footwall, hanging wall, and the high-grade keel zones – Silver Tiger aims to de-risk its projects effectively. Each drill hole is meticulously logged, with samples prepared under stringent quality assurance and quality control protocols. This systematic approach ensures that every assay is reliable and verifiable, reinforcing the company’s commitment to technical excellence.
Key aspects of the drilling program include:
- Strategic Targeting: Focusing on near-surface, open pit potential as well as delineating underground mineralized zones.
- Technical Rigor: Implementing advanced geotechnical and metallurgical test work to better understand ore characteristics and processing parameters.
- Data Integrity: Adopting comprehensive QA/QC procedures to monitor sample chain-of-custody and assay reliability.
Mineral Resource and Pre-Feasibility Studies
At the heart of Silver Tiger’s operations is its commitment to robust resource estimation and economic assessment. The company has progressed through various stages of resource upgrading through independent technical reports compliant with industry standards. Its pre-feasibility studies (PFS) leverage extensive drilling data and metallurgical test work to confirm the mineralized zones. These studies serve as a critical tool for understanding the economic viability of the open pit as well as the potential for an underground mining component.
The structured process includes:
- Resource Expansion: Continuously drilling to expand the known mineralized footprint and improve resource classification.
- Economic Modelling: Utilizing detailed technical reports to validate the project’s feasibility and overall economic potential.
- Risk Mitigation: Successively de-risking the project through advanced geotechnical and metallurgical studies, ensuring that every technical aspect is carefully evaluated.
Technical Expertise and Industry Position
Silver Tiger Metals Inc distinguishes itself through specialized technical expertise in both open pit and underground mining operations. The company’s leadership and experienced technical team are adept at integrating traditional exploration techniques with modern technological tools, such as interactive 3D presentations and virtual site tours. These tools not only improve investor transparency but also demonstrate the company's commitment to rigorous analysis and data-driven decision-making.
Further reinforcing its credibility, Silver Tiger collaborates with renowned consulting firms and industry experts, ensuring that every phase of the project adheres to the highest industry standards. This level of diligence helps build confidence among investors and stakeholders by delivering clear, unbiased technical information.
Operational Excellence and Quality Assurance
Operational excellence is woven into the fabric of Silver Tiger’s corporate philosophy. The firm employs a detailed technical process that includes:
- Core Logging and Sampling: Every diamond drill core is carefully logged, photographed, and sampled using precision instruments.
- Assay Protocols: Samples are processed through carefully controlled laboratories that adhere to established assay methodologies, ensuring data accuracy.
- Consistent QA/QC: A robust chain-of-custody mechanism, including the use of certified reference materials, blanks, and duplicates, guarantees the integrity of the assay results.
This methodical approach underscores Silver Tiger’s commitment to transparency, mitigating technical risks, and substantiating its resource estimates with compelling, technical evidence.
Conclusion
Silver Tiger Metals Inc stands as a testament to decades of industry expertise and technical proficiency. With its comprehensive exploration programs, rigorous drilling and testing protocols, and a track record of successful resource upgrading, the company has firmly established its position in the competitive mining sector. The strategic emphasis on both open pit and underground potential, coupled with transparent reporting practices and a dedication to operational excellence, forms the backbone of its continued success. Investors and industry watchers can view Silver Tiger as a company that artfully blends traditional mining heritage with forward-looking technical expertise, ensuring that its projects remain robust and evergreen over the long term.
Silver Tiger Metals provided an update on its El Tigre Project in Sonora, Mexico. Key highlights include results from 110 drill holes in the Pre-Feasibility Study (PFS) drilling program, revealing significant mineralization.
Drill hole ET-24-583 showed 79.5m of gold equivalent at 1.13 g/t from the surface. ET-24-571 intersected 44.2m at 1.00 g/t gold equivalent from the surface. ET-24-576 discovered 41.1m of 1.03 g/t gold equivalent. CEO Glenn Jessome noted the expansion potential in the Footwall and Keel Zones.
The PFS drilling completed 24,550 metres and aims to expand the Mineral Resource, upgrade classification, and complete metallurgical and geotechnical studies. The updated Mineral Resource Estimate (MRE) reported 43 million tonnes in the Indicated category with 818,000 ounces of gold equivalent.
The PFS report is scheduled for publication in H2-2024.
Silver Tiger Metals has reported significant high-grade drilling results from its El Tigre Project in Sonora, Mexico, as part of its ongoing Pre-Feasibility Study (PFS). Highlights include a one-meter intersection grading at 12,851.5 g/t silver equivalent within a 16-meter section grading at 875.6 g/t silver equivalent from the Keel Zone. The drilling program has completed 24,500 meters out of a planned 25,000 meters and aims to expand and upgrade the mineral resource. The company expects the updated Mineral Resource Estimate (MRE) by September 2024. CEO Glenn Jessome emphasized that these results could significantly increase the project's resource base and reduce associated risks. The PFS is set to be published in the second half of 2024.
Silver Tiger Metals Inc. provided an update on its Pre-Feasibility Study drilling program for the Stockwork gold deposit at its El Tigre Project in Mexico. The company has completed 23,500 meters out of 25,000 meters, focusing on expanding Mineral Resource, upgrading classification, and completing metallurgical and geotechnical studies. The program targets three main areas - footwall, hanging wall, and bottom 'keel'. Significant intercepts include 32.0 meters of 1.36 g/t gold equivalent within 81.1 meters of 0.94 g/t gold equivalent. The CEO mentioned excellent grade and continuity in the 'Footwall' and 'Keel Zones', potentially increasing the Mineral Resource Estimate and de-risking the project.
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