Silver Tiger Metals Inc. - SLVTF STOCK NEWS

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.

Silver Tiger Metals Inc. (SLVTF) provides an update on the ongoing Pre-Feasibility Study drilling program on the Stockwork gold deposit in Sonora, Mexico. The company has completed 23,000 meters of a 25,000-meter drilling program, focusing on expanding the Mineral Resource, upgrading classification, and completing metallurgical test work. The PFS progress is on schedule for publication in H2-2024, with promising assay results confirming and expanding the near-surface Stockwork gold deposit.

Silver Tiger Metals Inc. provides an update on the Pre-Feasibility Study drilling program at the El Tigre Project in Mexico. The company has completed 22,000 meters of a 25,000-meter program. Three main areas of Stockwork mineralization are targeted for expansion. Assay results confirm and expand the potential Starter Stockwork Zone and the high-grade Keel Zone. The ongoing Pre-Feasibility Study aims to expand known mineralization, convert material from Indicated to Measured, and enhance metallurgical and geotechnical studies.

Silver Tiger Metals Inc. provides an update on the ongoing Pre-feasibility Study drilling program on the Stockwork gold deposit in Mexico. The Company aims to de-risk the project, expand Mineral Resources, and enhance metallurgical and geotechnical aspects. Promising assay results confirm and expand the near-surface potential 'Starter Pit'. CEO Glenn Jessome expresses excitement about the progress. The Company plans to deliver a Preliminary Economic Assessment for the underground Mineral Resource by H2-2024.

Silver Tiger Metals Inc. (SLVTF) invites attendees to the Vancouver Resource Investment Conference, featuring notable keynote speakers and over 300 companies exploring and producing natural resources. The conference aims to address the shift towards de-globalization and the resulting increase in demand for key resources, positioning investors accordingly.

Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF) provided a year-end update for 2023 and an outlook for 2024, highlighting a robust Mineral Resource Estimate for the El Tigre Project, a Preliminary Economic Assessment with an NPV of $287 Million USD and an IRR of 56%, and key objectives for 2024 including a 25,000 meter drill program, Prefeasibility Study, and Preliminary Economic Assessment for the underground resource.

Silver Tiger Metals Inc. announces a Preliminary Economic Assessment (PEA) for its El Tigre Project in Mexico. The PEA shows an after-tax net present value of US$287 million, an after-tax internal rate of return of 55.8%, and a payback period of 1.7 years. The project has a 13-year mine life and is expected to recover a total of 60 million payable silver equivalent ounces or 776,000 gold equivalent ounces. Initial capital costs are estimated at $59 million, with average operating cash costs of $803/oz AuEq. Average annual production is projected to be approximately 4.6 million AgEq oz or 59,000 AuEq oz.