Glenn Jessome, President & CEO of Silver Tiger Metals (TSX.V:SLVR – OTCQX:SLVTF), joins me to review the news released this morning announcing the preliminary results from its 2025 Summer Exploration Program on the prospective Northern Veins, located 2 kilometers North of the historic El Tigre Mine. This news also outlines the initial exploration plans to test several undrilled greenfield areas on the Southern Veins on its 100% owned, silver-gold El Tigre Project located in Sonora, Mexico.
The Northern Vein Area has over 10 kilometers of combined strike length confirmed by surface mapping and sampling, drilling and the presence of underground workings mainly on the Fundadora, Protectora and Caleigh Veins. This area is considered brownfields with 15% of the mapped strike of veins being drilled. These veins are the faulted offset of the El Tigre Mine Veins and exhibit the same structure, mineralogy, grades, orientations, strike length and width (1-2 metres) as the well-defined El Tigre Mine Veins that account for bulk of the Corporation's Mineral Resource Estimate. Current exploration work on the Northern Veins, consists of mapping and sampling both surface and historic underground workings to define drill ready targets for Q4-2025.
The Southern Veins which includes Lluvia de Oro, La Mancha and El Toro is considered greenfields with veins striking for over 10 kilometers and no drilling ever conducted on this area. This prospective area is evidenced by historic workings and high-grade channel sampling. The El Toro, Lluvia de Oro and La Mancha Veins are hosted in the El Tigre Formation, a permissive formation that is the host for the Stockwork Zone, which is the basis of the Company's PFS. There is ongoing mapping and sampling at these Southern Veins, with drilling slated to begin in early 2026.
We wrap up recapping all the exploration, development, and derisking work that is going into the upcoming imminent Preliminary Economic Assessment (PEA) for the underground mine. The team at Silver Tiger has been compiling the last 5 years of work delineating the 113 million ounces of silver equivalent resources in the high-grade veins, shale, and sulphide zones underground portion of El Tigre, the metallurgical studies, and engineering work to be able to release the PEA by month’s end. This report will center around the already permitted underground scenario utilizing an 800 tonnes-per-day (tpd) mill, and focusing on the initial first 10 years of mine life.
If you have any follow up questions for Glenn regarding Silver Tiger Metals, then please email them into me at Shad@kereport.com.
- In full disclosure, Shad is a shareholder of Silver Tiger Metals at the time of this recording, and may choose to buy or sell shares at any time.
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