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Silver Tiger Metals Inc. reports developments for the El Tigre silver-gold project in Sonora, Mexico, including construction of the Stockwork Surface Zone Project, engineering and procurement activity, and approvals from Mexico’s federal environmental authority. The company’s news also covers technical reports for El Tigre, including pre-feasibility work on the Stockwork Zone and preliminary economic assessment work on underground zones such as El Tigre, Sulphide, Black Shale and Seitz Kelly.
Recurring updates include drilling and assay results, mapping and sampling on northern and southern vein targets, road and site-preparation work, and conference participation by the Canadian mineral development company. Silver Tiger describes El Tigre as a 100% owned project within a historic mining district in Sonora.
Silver Tiger Metals announced significant silver discoveries at the El Tigre property, with drill holes ET-21-204 and ET-21-206 showing promising grades. ET-21-204 intersected 5.6 meters at 1,010.3 g/t silver equivalent, while ET-21-206 revealed 2.0 meters at 1,443.0 g/t. These results reflect a strong extension of the Benjamin Vein, previously identified in January. The company aims to continue exploration, building on a maiden resource estimate of 661,000 gold equivalent ounces. CEO Glenn Jessome highlighted the wide zones of high-grade mineralization as a positive step forward.
Silver Tiger Metals announced significant drill results from the El Tigre property, intersecting high-grade silver equivalent in two drill holes. Drill Hole ET-21-203 revealed 2.95 meters at 1,941.1 g/t AgEq within 9.3 meters at 638.4 g/t AgEq. Drill Hole ET-21-207 showed 1.30 meters at 2,657.8 g/t AgEq within 4.55 meters at 810.2 g/t AgEq. These findings confirm a newly identified 'Footwall Discovery Zone,' extending the potential strike to 75 meters south of previous drilling. The company continues to build on its maiden resource estimate indicating considerable gold equivalent resources at the site.
Silver Tiger Metals has announced significant drill results from its initial 10 holes on the Protectora and Caleigh veins, located 1.7 kilometers north of the historic El Tigre Mine. Key highlights include Hole 163 on the Protectora Vein, with 0.5 meters grading 2,049.1 g/t AgEq, and Hole 164 grading 1,592.5 g/t AgEq. The results indicate high-grade silver and gold mineralization within a gold alteration zone, potentially enhancing the Corporation's resource estimates. President Glenn Jessome expressed excitement over the near-surface high-grade silver mineralization, paralleling historic production levels.
Silver Tiger Metals will present at the Alpha Bronze Virtual Town Hall on September 30, 2020, at 12:00 PM EDT. CEO Glenn Jessome will discuss the company's exploration efforts in Mexico, particularly the El Tigre Project. Recent drilling yielded impressive results, including a 0.85-meter vein extension grading 10,128 g/t silver equivalent. The presentation includes a 10-15 minute overview followed by a Q&A session. Interested investors can register for the live webcast.
Silver Tiger Metals Inc. has upgraded to the OTCQX Best Market from the OTCQB Venture Market, trading under the symbol SLVTF. This transition marks a significant milestone, enhancing visibility and accessibility for U.S. investors. The company recently exercised 2,884,612 common share purchase warrants, raising approximately $490,384, and has about $9 million in cash for its exploration programs. Silver Tiger focuses on the El Tigre Property in Mexico, which has a rich history of silver and gold production.
Silver Tiger Metals provides an update on its El Tigre Silver Project in Sonora, Mexico, where two drill rigs are targeting a 3-kilometer extension of veins north of the historic mine. The company has successfully resumed drilling following strict Covid-19 protocols. Silver Tiger raised $11 million from institutional investors, allowing for an additional 25,000 meters of drilling. Recent discoveries include significant silver-gold mineralization, with drill hole ET-17-144 returning high grades of silver and gold. A maiden resource estimate shows indicated resources of 661,000 gold equivalent ounces.
Silver Tiger Metals has announced impressive assay results from underground channel samples at its El Tigre Silver Project in Sonora, Mexico. The results show high-grade silver values, with significant samples including 3,397 g/t silver equivalent from the Fundadora vein. The current channel sampling aims to identify drill targets for an upcoming drilling program set to commence at the end of August 2020. The company also provided details on previous drill results highlighting new discoveries and substantial resource estimates for the El Tigre area.