Silver Tiger Provides Construction Update for the El Tigre Project
Rhea-AI Summary
Silver Tiger (OTCQX:SLVTF) reported that construction of the El Tigre silver project in Sonora, Mexico remains on schedule for commissioning and first pour in December 2027.
Key updates include staffing, engineering, procurement of long-lead items, road and earthworks progress, CFE grid power access, and new exploration drilling.
Positive
- Construction on schedule for commissioning and first pour in December 2027
- 166 personnel on site with 100,000 man-hours logged since construction start
- Procurement of long-lead items, including crusher, conveyor, stacking and Merrill-Crowe plants, is complete
- Road improvements 46 km from Colonia Morelos to El Tigre are underway with 25% complete
- Major earthworks contracts for heap leach, ponds and crusher platforms awarded and started
- CFE has granted access to grid electrical power for the El Tigre project
- Exploration drilling initiated on high-potential vein systems north of main El Tigre area
Negative
- None.
News Market Reaction – SLVTF
On the day this news was published, SLVTF gained 0.36%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HALIFAX, NS / ACCESS Newswire / July 8, 2026 / Silver Tiger Metals Inc. (TSX:SLVR)(OTCQX:SLVTF) ("Silver Tiger" or the "Corporation") is pleased to provide a construction update for the El Tigre Project (the "Project" or "El Tigre") located in Sonora, Mexico. Construction is on schedule for commissioning and first pour in December, 2027.
Build out of Mexican engineering and construction team is nearing completion with a total of 166 persons on site and 100,000-man hours logged since start of construction
Detailed engineering by Kappes, Cassiday & Associates ("KCA") and Kappes, Cassiday del Norte S de RL de CV ("KCN) pursuant to the Engineering Procurement and Construction Management Contract ("EPCM") for the Project is proceeding on schedule
Procurement on long lead items is complete, including crusher plant, conveyer and stacking system, and the Merrill-Crowe plant and refinery
Land clearing and flora/fauna management for the total construction area is
60% complete
Installation of construction offices has been completed
Engineering for improvements to the 46 km road built from Colonia Morelos to El Tigre is complete. The contract to improve this road has been awarded and work has begun, with
25% of road improvements complete
The major earthworks contract has been awarded for the heap leach, ponds and crusher platforms and these earthworks have commenced
Comision Federal de Electricidad ("CFE") have granted access to grid electrical power for the El Tigre Project
Glenn Jessome, President and CEO stated, "Our onsite engineering and construction team is nearing 200 persons. Earthworks have begun and land clearing is over
Photo 1: Rehabilitation of Main Access Road for Full Freight Haulage
Photo 2: Construction Offices
Photo 3: Aerial View of El Tigre
Photo 4: Earthworks at the Merrill-Crowe Plant and Pregnant Pond Areas
Exploration Drilling
The Company has transitioned to exploration drilling targeting the high-potential vein systems north of the main El Tigre area. This priority zone aligns directly with the El Tigre North Mine Design outlined in Section 24 of the Company's recently filed Preliminary Economic Assessment (PEA dated January 22, 2026). The PEA also highlighted significant exploration upside beyond the defined underground and Stockwork resources, including the prospective areas 700 meters to the north.
About Silver Tiger Metals Inc.
Silver Tiger is constructing the El Tigre Stockwork Zone Project, a silver and gold heap leach project located in Sonora, Mexico. The project is
Silver Tiger has entered into an Engineering Procurement and Construction Management Contract ("EPCM") with Kappes, Cassidy & Associates ("KCA") and Kappes, Cassiday del Norte S de RL de CV ("KCN") to assist in the construction of the mine and process plant at El Tigre. The Company has also now hired its own experienced mine construction executive team to work with KCA and KCN.
Commissioning and first pour are targeted for December, 2027. The Board of Directors of
the Company have approved the construction decision for El Tigre.
VRIFY Slide Deck and 3D Presentation - Silver Tiger's El Tigre Project
VRIFY is a platform being used by companies to communicate with investors using 360° virtual tours of remote mining assets, 3D models and interactive presentations. VRIFY can be accessed by website and with the VRIFY iOS and Android apps. The VRIFY Slide Deck and 3D Presentation for Silver Tiger Metals Inc. can be viewed on the Corporation's website at: www.silvertigermetals.com.
For further information, please contact:
Devin Devarennes
VP Corporate Development & Investor Relations
902 233 3656
devin@silvertigermetals.com
CAUTIONARY STATEMENT:
This news release may contain "forward-looking information" as defined in applicable Canadian securities legislation. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the El Tigre Project, future operating margins, future production and processing, and future plans and objectives of Silver Tiger constitute forward looking information that involve various risks and uncertainties. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect, including, but not limited to, assumptions in connection with the continuance of Silver Tiger and its subsidiaries as a going concern, general economic and market conditions, mineral prices, the accuracy of mineral resource estimates, and the performance of the El Tigre Project. There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information.
Important factors that could cause actual results to differ materially from Silver Tiger expectations include exploration and development risks associated with the Silver Tiger projects, the failure to establish estimated mineral resources or mineral reserves, volatility of commodity prices, variations of recovery rates, and global economic conditions. For additional information with respect to risk factors applicable to Silver Tiger reference should be made to Silver Tiger continuous disclosure materials filed from time to time with securities regulators, including, but not limited to, Silver Tiger Annual Information Form. The forward-looking information contained in this release is made as of the date of this release.
SOURCE: Silver Tiger Metals Inc.
View the original press release on ACCESS Newswire