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Silver Tiger Metals Inc.

Company Data | Introduction | Projects in Hand | Management
News Update
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Address :  P.O. Box 25056
RPO Clayton Park
Halifax, Nova Scotia
Canada 3M 4H4
Tel No.: 902-233-3656
Web Site: www.silvertigermetals.com
E-mail: devin@silvertigermetals.com
Contact Person: Devin Devarennes
Position: VP Corporate Development & Investor Relations


Company Data

Traded Market: TSX-V | OTCQX
Traded Symbol: SLVR | SLVTF
Outstanding Shares: ~365.05 million
52 Week High: $ 0.37
52 Week Low: $ 0.145
Present Price: Click Here


Introduction

Silver Tiger Metals Inc. is a Canadian company whose management has more than 25 years' experience discovering, financing and building large hydrothermal silver projects in Mexico. Silver Tiger's 100% owned 28,414 hectare historic El Tigre Mining District is located in Sonora, Mexico. Principled environmental, social and governance practices are core priorities at Silver Tiger.

Mexico

  • Mexico is the world's largest silver producer
  • Three countries dominated silver mining in 2023: Mexico 24% (202 million ounces), China 13% (109 million ounces), and Peru 13% (107 million ounces)

The World's Growing Demand for Silver

Silver Demand: 1.195 billion ounces
Mine Production: 800 million ounces

Industrial: Automotive (EV), 5G, Electronics, AI
Green Energy: Solar Cells, Batteries, Wind Turbines

Physical Investment: Coins & Bars


Projects in Hand

El Tigre Silver-Gold Project, Sonora, Mexico

Project Overview (2016 to 2024)

2016 - 2024:

Financing: Silver Tiger has raised in excess of 100 million CDN with 75 million dollars CDN in 4 bought deal financings.

2016

Acquisition of El Tigre Concessions: Silver Tiger acquires the El Tigre concessions, covering over 28,000 hectares, for C$11 million. The concessions are 100% controlled and royalty-free.

2017

El Tigre Project Commencement: Silver Tiger begins work on its 100% owned 28,414 hectare Historic El Tigre Mining District in Sonora, Mexico.

Maiden Mineral Resource Estimate (“MRE”): The first MRE for the El Tigre Project is completed.

2019

Land Purchase: Silver Tiger purchases 6,283 hectares of land containing the concessions where most of the exploration has been conducted, for US$1.1 million.

2020

Man-Camp Construction: A 60-person man-camp is completed in June to support the workforce at the El Tigre Project.

Drilling: 150,000 meters total drilled on the El Tigre Property with Silver Tiger drilling over 119,000 meters from 2020 to present.

2022

Underground Rehabilitation: The underground rehabilitation work begins, including slashing the main portal for approximately 400 meters, with an opening size of 4.0 meters by 4.5 meters.

2023

Access Road Construction: A 46 km access road from the El Tigre Project to the community of Colonia Morelos is completed in May.

Mineral Resource Update: The company releases an updated MRE for the El Tigre Project in September. Delineated approximately 37.2m Oz Ag and 575 Oz Au of Indicated, and 52.6m Oz Ag and 374k Oz Au of Inferred.

PEA for Open Pit: The Preliminary Economic Assessment (“PEA”) for the El Tigre open pit is released in November, providing early-stage economic analysis for the project.

Drilling: Completed 30,000 meters of diamond drilling with 15,000 meters focused on Open Pit Pre-Feasibility Study (“PFS”) Drilling Program.

2024

October 2024 PFS for Open Pit: The Pre-Feasibility Study (“PFS”) for the El Tigre open pit is released, showing robust economics, including:

  • After-Tax NPV: US$222 million at a 5% discount rate
  • After-Tax IRR: 40.0%
  • Payback Period: 2.0 years (Base Case)
  • Life of Mine: 10-year mine life recovering a total of 43 million payable silver equivalent ounces (“AgEq”), consisting of 9 million silver ounces and 408 thousand gold ounces.
  • After-Tax Cash Flow: US$318 million
  • Initial Capital Costs: $86.8 million (including $9.3 million in contingency)
  • LOM Operating Cash Costs: $973/oz AuEq
  • AISC: $1,214/oz AuEq, $14/oz AgEq
  • Production: Average annual production of approximately 4.8 million AgEq oz or 56.7 thousand AuEq oz.
  • Silver Price: $26/oz, Gold Price: $2,150/oz

PFS Sensitivity to Metal Prices

Sensitivity

Base Case

Silver Price (US$/oz)

18

22

26

30

34

38

42

Gold Price (US$/oz)

1,500

1,750

2,150

2,500

2,750

3,000

3,250

After-Tax NPV (5%) (US$M)

55.9

123.9

221.5

308.7

375.6

442.5

509.4

After-Tax IRR (%)

15.8

26.7

40.0

50.2

57.2

63.9

70.3

After-Tax Payback (years)

4.5

3.4

2.0

1.7

1.6

1.4

1.3

Net cash flow after tax (US$M)

100.5

189.5

317.6

432.4

520.7

608.9

697.3

Mineral Resource Estimate (“MRE”) Update: Delivered updated MRE of the open pit Stockwork Mineralization Zone, including:

  • Increase of 132% in Total Measured & Indicated Silver Equivalent Ounces from September 2023 MRE, with 59% increase in Measured & indicated AgEq grade;
  • Total Measured & Indicated Mineral Resource of 200 Moz AgEq grading 92 g/t AgEq contained in 68.0 million tonnes;
  • Total Out-of-Pit Resource of 113 Moz AgEq;
  • Exploration potential at the El Tigre Project is substantial with prospective areas for exploration both down dip and along strike with the disclosed Exploration Target establishing 10 to 12 million tonnes at 225 to 265 g/t AgEq for 73 to 100 Moz AgEq; and
  • This disclosed ‘near-mine' Mineral Resource and potential, when coupled with the fact that only 30% of this prolific Property has been explored, shows the value of the El Tigre.

Drilling: Commenced drilling from underground drill pads on the high-grade Veins, Sulfide Zone and Shale Zone, with the first drill results expected in January 2025.

2025

Drill Program: With $7.0 million in cash on hand at September 30, 2024, Silver Tiger will complete the planned underground 5,000-meter drill program.

High-Grade Mineralized Zones at El Tigre

The El Tigre Project underground drilling campaign is targeting the Veins, the Sulfide Zone and the Shale Zone with the first three holes targeting the Sulfide Zone. These high-grade zones form a crucial early component of the UG PEA as enumerated below:

  1. Sulfide Zone – The currently defined Sulfide Zone is 750 meter along strike with 250 meters along dip and typically 2-20 meters thick. Mineralization consists of varying semi-massive proportions of zinc, iron, lead, copper, and silver sulfides with, for example, Drill Hole 434 grading 10.5 meters at 1,642.4 g/t total silver equivalent consisting of 914.0 g/t silver, 0.20 g/t gold, 1.68% copper, 5.92% lead and 12.42% zinc (see press release dated January 25, 2023).
  2. Shale Zone –This silver and base metal-rich mineralization extends 20 meters in either direction from the vein, with thicknesses reaching upwards of 15 meters, and several kilometers along strike. Drill Hole 329 grading 9.1 meters at 809.7 g/t silver equivalent consisting of 429.5 g/t silver, 0.22 g/t gold, 0.22% copper, 4.82% lead and 6.89% zinc (see press release dated May 17, 2022).
  3. Veins – The high-grade epithermal veins dip steeply to the west, and are typically 0.5 m wide, and locally can be up to 5 m in width. Several exist on the property, with many reaching strike length of 3 kilometers or more. Vein mineralization consists of quartz and varying proportions of zinc, iron, lead, copper, and silver sulfides. These historically mined Veins have, for example Drill Hole ET-21-264, returned assays up to 82,827.3 g/t silver equivalent over 0.5 meters proximal to historically mining stopes, showing high-grade Vein mineralization continues at depth and along strike (see press release dated Nov 9, 2021).
    • First Half of 2025: Deliver a Preliminary Economic Assessment (“PEA”) for the permitted underground mineral resource at El Tigre, on the high-grade silver veins, sulphide, and shale zones.
    • Project Financing: Negotiations and due diligence are underway with lenders to secure project financing for the open pit portion of the Project.
    • Construction: Make a construction decision upon receipt of the open pit permit.


Management

Management and Directors

Glenn Jessome, B.Sc., JD, MBA, President and CEO

Mr. Jessome is the founding shareholder of Silver Tiger Metals Inc. and he oversaw the listing of the Company on the TSXV. Mr. Jessome is a securities lawyer with 25 years of resource sector capital markets experience and he currently serves as a member of the TSXV National Advisory Committee. He is Corporate Secretary and a founding shareholder of Gogold Resources Inc., another company for which he oversaw the listing on the TSX.

Keith Abriel, CPA, CA, CFA, CFO and Corporate Secretary

Mr. Abriel is a seasoned financial executive, known for bringing a practical, tenacious and entrepreneurial approach to senior financial leadership roles. His 25 years' experience includes serving as Chief Financial Officer of several publicly traded and venture backed companies, including DHX Media Ltd. (NASDAQ, TSX) and a number of mining and exploration companies, including Linear Gold Corp., Ucore Uranium Inc and Stockport Exploration Inc. Mr. Abriel has raised over a billion dollars of capital for public and venture-backed companies and has extensive international M&A experience. He also spent 9 years with PwC.

David Duncan, P.Geo., Vice President Exploration

Mr. Duncan is a geologist with more than 40 years' experience having worked with Algoma Ore, Kidd Creek Mines, Falconbridge, WMC and Etruscan (now Endeavour Mining). Mr. Duncan is a founding shareholder of Silver Tiger. In Mexico, he has in recent years worked on Gogold Resources' Santa Gertrudis and Los Ricos projects.

Francisco Albelais, Vice President of Operations

Mr. Albelais, is a Mining Engineer who has more than 25 years' experience building, commissioning, and operating open pit and underground mines in Mexico.

Charles Spath, P.Geo., Vice President of Technical Services

Mr. Spath has an extensive background in resource evaluation, resource modeling, project management, and technical oversight.

Devin Devarennes, BEng, BCom, VP Corporate Development & Investor Relations

Mr. Devarennes is a Mining Engineer with over 15 years of corporate experience. He has been with Silver Tiger Metals since 2020, previously serving as GM Mexico Operations. Experienced in project management & development, exploration, logistics, and budgeting & planning.


News Update

On February 23, 2026, Visit Silver Tiger Metals Inc. at Booth #3206 at the Prospectors & Developers Association of Canada’s (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 1 to Wednesday, March 4, 2026.

On February 19, 2026, Silver Tiger Metals Inc. has closed its previously announced bought deal offering of common shares of the company with a syndicate of underwriters. An aggregate of 49,146,400 shares at a price of $1.17 per share for gross proceeds to the company of $57,501,288 were sold, which include the exercise in full of the underwriters' overallotment option. The company intends to use the proceeds of the offering to finance exploration and development expenditures at the company's El Tigre project in Mexico, as well as for working capital and general corporate purposes.

The syndicate of underwriters was led by Stifel Canada and BMO Capital Markets as co-lead underwriters and joint bookrunners, and Desjardins Capital Markets and Canaccord Genuity Corp. The underwriters were paid a cash commission of 5.5 per cent on the gross proceeds of the offering.

The offering was completed by way of short form prospectus in each of the provinces of Canada, except Quebec, and outside of Canada in accordance with applicable securities laws.

On February 12, 2026, Silver Tiger Metals Inc., further to its news releases dated Jan. 27, 2026, and Jan. 28, 2026, has filed a final short form prospectus dated Feb. 12, 2026, with the securities commissions in each of the provinces of Canada, except Quebec, in connection with its bought deal public offering of common shares of the company at $1.17 per common share for aggregate gross proceeds of $50,001,120. The offering is being conducted through a syndicate of underwriters, including Stifel Canada and BMO Capital Markets, as co-lead underwriters and joint bookrunners, and Desjardins Capital Markets and Canaccord Genuity Corp.. The company has granted the underwriters an option to purchase an additional 6,410,400 common shares on the same terms and exercisable at any time up to 30 days following the closing of the offering, for market stabilization purposes and to cover overallotments, if any. If the overallotment option is exercised in full, additional gross proceeds of $7,500,168 will be raised pursuant to the offering and the aggregate gross proceeds of the offering will be $57,501,288.

The offering is being conducted in each of the provinces of Canada, except Quebec, and outside of Canada in accordance with applicable securities laws.

Closing of the offering is expected to occur on or about Feb. 18, 2026. The TSX Venture Exchange has conditionally approved the listing of the common shares to be issued pursuant to the offering (including any exercise of the overallotment option), subject to customary conditions.

Final short form prospectus is accessible through SEDAR+

On January 28, 2026, Due to strong investor demand, Silver Tiger Metals Inc. has entered into an amended agreement with Stifel Canada and BMO Capital Markets, on their own behalf and on behalf of a syndicate of underwriters, pursuant to which the underwriters have now agreed to purchase, on a bought deal basis, 42,736,000 common shares of the company at a price of $1.17 per common share for gross proceeds of $50,001,120.

The company will grant the underwriters an option, exercisable, in whole or in part, at any time until and including 30 days following the closing of the offering, to purchase up to an additional 15 per cent of the offering. If this option is exercised in full, an additional $7,500,168 in gross proceeds will be raised pursuant to the offering and the aggregate gross proceeds of the offering will be approximately $57.5-million.

The company plans to use the net proceeds from the offering to finance exploration and development expenditures at the company's El Tigre project in Mexico, as well as for working capital and general corporate purposes. The common shares will be offered by way of a short form prospectus to be filed in all provinces of Canada, except Quebec. The common shares will also be sold to U.S. buyers on a private placement basis pursuant to an exemption from the registration requirements in Rule 144A of the United States Securities Act of 1933, as amended, and other jurisdictions outside of Canada provided that no prospectus filing or comparable obligation arises.

The offering is scheduled to close on or about Feb. 18, 2026, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the securities regulatory authorities.

On January 27, 2026, Silver Tiger Metals Inc. has entered into an agreement with Stifel Canada and BMO Capital Markets, on their own behalf and on behalf of a syndicate of underwriters, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 34,189,000 common shares of the company at a price of $1.17 per common share for gross proceeds to the company of approximately $40,001,130.

The company will grant the underwriters an option, exercisable, in whole or in part, at any time until and including 30 days following the closing of the offering, to purchase up to an additional 15 per cent of the offering. If this option is exercised in full, an additional $6-million in gross proceeds will be raised pursuant to the offering, and the aggregate gross proceeds of the offering will be approximately $46-million.

On January 20, 2026 Silver Tiger Metals Inc. announced the results of a Preliminary Economic Assessment ("PEA") on the underground at El Tigre and an updated Pre-Feasibility Study ("PFS") on the Stockwork Zone for its 100% owned, silver-gold El Tigre Project (the "Project" or "El Tigre") located in Sonora, Mexico. The bolt-on PEA is centred on the underground mining economics of the high-grade El Tigre, Sulphide, Black Shale and Seitz Kelly zones. The underground PEA and updated PFS is based on new consensus economics metal prices of $38 per ounce silver and $3,200 per ounce gold. The PEA mine design can be constructed independently of the Stockwork Zone development and is focused on the underground Mineral Resource. Prospective areas exist outside of the areas defined by the PEA and PFS with the historic "El Tigre North Mine" Mineral Resource located 700 metres to the North.

Glenn Jessome, President and CEO, stated "This updated PFS for the Stockwork Zone and initial PEA for the underground provide the first look at the combined economics of El Tigre. At current spot silver and gold prices, the Stockwork Zone Project generates an after-tax NPV of approximately $950 million US dollars and the underground project generates an after-tax NPV of approximately $1.20 billion US dollars at a discount rate of 5%. At current spot silver and gold prices, the Stockwork Zone Project generates approximately $1.30 billion US dollars of net cashflow after tax over life of mine and the underground project generates approximately $1.85 billion US dollars of net cashflow after tax over life of mine."

Mr. Jessome further stated, "In the backdrop of all-time high silver and gold prices we are completing detailed engineering and proceeding to build the Stockwork Zone Project." Mr. Jessome continued, "The underground at El Tigre is a standalone bolt-on project and we intend to complete development for this low capex underground project and advance towards production as quickly as possible."

On November 28, 2025, Silver Tiger Metals Inc. prospectus was approved.

Financing type: underwritten prospectus offering

Gross proceeds: $40,004,000

Offering: 54.8 million listed shares

Offering price: 73 cents per listed share

Overallotment option: The underwriters may purchase a maximum of 8.22 million listed shares for overallotment purposes. As of Nov. 28, 2025, such option remains outstanding and no listed shares have been issued thereunder.

Commissions in securities: not applicable(commission in cash only)

Disclosure: Refer to the prospectus dated Nov. 21, 2025, and the company's news releases dated Nov. 12, 2025, Nov. 21, 2025, and Nov. 26, 2025.

November 26, 2025, Silver Tiger Metals Inc. has closed its previously announced bought deal offering of common shares of the company with a syndicate of underwriters. An aggregate of 54.8 million shares at a price of 73 cents per share for gross proceeds to the company of approximately $40,004,000 were sold. The company intends to use the proceeds of the offering to finance exploration and development expenditures at the company's El Tigre project in Mexico, as well as for working capital and general corporate purposes.

The syndicate of underwriters was led by BMO Capital Markets (BMO) and Stifel Nicolaus Canada Inc., as joint bookrunners, together with Canaccord Genuity Corp., Desjardins Securities Inc. and Ventum Financial Corp. The underwriters were paid a cash commission of 5.5 per cent on the gross proceeds of the offering.

The offering was completed by way of short form prospectus in each of the provinces of Canada, except Quebec, and outside of Canada in accordance with applicable securities laws.

On November 21, 2025, Silver Tiger Metals Inc., further to its news release dated Nov. 12, 2025, has filed a final short form prospectus dated Nov. 21, 2025, with the securities commissions in each of the provinces of Canada, except Quebec, in connection with its bought deal public offering of common shares of the company at 73 cents per common share for aggregate gross proceeds of $40,004,000. The offering is being conducted through a syndicate of underwriters, including BMO Capital Markets and Stifel Nicolaus Canada Inc., as joint bookrunners, together with Canaccord Genuity Corp., Desjardins Securities Inc. and Ventum Financial Corp. The company has granted the underwriters an option to purchase an additional 8.22 million common shares on the same terms and exercisable at any time up to 30 days following the closing of the offering, for market stabilization purposes and to cover overallotments, if any. If the overallotment option is exercised in full, additional gross proceeds of $6,000,600 will be raised pursuant to the offering and the aggregate gross proceeds of the offering will be $46,004,600. All monetary amounts are expressed in Canadian dollars, unless otherwise indicated.

The offering is being conducted in each of the provinces of Canada, except Quebec, and outside of Canada in accordance with applicable securities laws.

On November 12, 2025, Silver Tiger Metals Inc. has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Stifel Nicolaus Canada as joint bookrunners, under which the underwriters have agreed to buy, on bought deal basis, 54.8 million common shares, at a price of 73 cents per common share, for gross proceeds of approximately $40-million. The company has granted the underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the offering, to purchase up to an additional 15 per cent of the offering to cover overallotments, if any. The offering is expected to close on or about Nov. 26, 2025, and is subject to Silver Tiger receiving all necessary regulatory approvals.

The net proceeds of the offering will be used for the exploration and development of the company's El Tigre project and for general corporate purposes.

On November 07, 2025, Silver Tiger Metals Inc. has secured all of the required approvals and permits from the Mexican Federal Environmental Department (SEMARNAT) to construct the El Tigre Stockwork silver-gold project in Sonora, Mexico. The preliminary feasibility study for the project was disclosed in the corporation's press release dated Oct. 22, 2024.

With all approvals for the project now granted, Silver Tiger is now ready to advance the project toward construction. Silver Tiger's operations prioritize environmental sustainability and actively enhance the well being of the local communities around El Tigre in Sonora, Mexico.

On October 10, 2025, Silver Tiger Metals Inc. received the prospectus approved.

Financing type: underwritten prospectus offering

Gross proceeds: $28,773,000

Offering: 39,962,500 listed shares

Offering price: 72 cents per listed share

Overallotment option: The underwriters may purchase a maximum of 5,212,500 listed shares for overallotment purposes. As of Oct. 10, 2025, such option has been exercised in full and therefore 5,212,500 listed shares have been issued thereunder. All information presented herein includes such exercise.

Commissions in securities: not applicable (commission in cash only)

Disclosure: Refer to the prospectus dated Oct. 2, 2025, and the company's news releases dated Sept. 15, 2025, Oct. 2, 2025, and Oct. 7, 2025.

On October 07, 2025, Silver Tiger Metals Inc. has closed its previously announced bought deal offering of common shares of the company with a syndicate of underwriters. An aggregate of 39,962,500 shares at a price of 72 cents per share for gross proceeds to the company of approximately $28,773,000 were sold. The company intends to use the proceeds of the offering to finance exploration and development expenditures at the company's El Tigre project in Mexico, as well as for working capital and general corporate purposes.

The syndicate of underwriters was led by Stifel Nicolaus Canada Inc. as sole bookrunner and Desjardins Capital Markets as co-lead underwriter, and BMO Capital Markets and Ventum Financial Corp. The underwriters were paid a cash commission of 6 per cent on the gross proceeds of the offering, except in respect of proceeds received from certain orders arranged by the company, of which up to $3-million was subject to a reduced commission rate of 3.0 per cent and up to $2-million was subject to a reduced commission rate of 5.0 per cent.

The offering was completed by way of short form prospectus in each of the provinces of Canada, except Quebec, and outside of Canada in accordance with applicable securities laws.

On October 02, 2025, Further to the news release dated Sept. 15, 2025, Silver Tiger Metals Inc. has filed a final short form prospectus dated Oct. 2, 2025, with the securities commissions in each of the provinces of Canada, except Quebec, in connection with its bought deal public offering of common shares of the company at 72 cents per common share for aggregate gross proceeds of $25.02-million. The offering is being conducted through a syndicate of underwriters including Stifel Nicolaus Canada Inc. as sole bookrunner, and Desjardins Capital Markets as co-lead underwriter, and BMO Capital Markets and Ventum Financial Corp. The company has granted the underwriters an option to purchase an additional 5,212,500 common shares on the same terms and exercisable at any time up to 30 days following the closing of the offering, for market stabilization purposes and to cover overallotments, if any. If the overallotment option is exercised in full, additional gross proceeds of $3,753,000 will be raised pursuant to the offering, and the aggregate gross proceeds of the offering will be $28,773,000. The co-lead underwriters, on their own behalf and on behalf of the underwriters, have provided notice to the company that the underwriters are electing to exercise the overallotment option on the closing date (as defined below) to purchase the overallotment shares.

The offering is being conducted in each of the provinces of Canada, except Quebec, and outside of Canada in accordance with applicable securities laws.

Closing of the offering is expected to occur on or about Oct. 7, 2025. The TSX Venture Exchange has conditionally approved the listing of the common shares to be issued pursuant to the offering (including any exercise of the overallotment option), subject to customary conditions.

On September 15, 2025, Silver Tiger Metals Inc. has entered into an agreement with Stifel Canada to act as sole book underwriter, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 34.75 million common shares of the company at a price of 72 cents per common share for gross proceeds to the company of approximately $25.02-million.

The company plans to use the net proceeds from the offering to finance exploration expenditures at the company's El Tigre project in Mexico, as well as for working capital and general corporate purposes. The common shares will be offered by way of a short form prospectus to be filed in all provinces of Canada, except Quebec. The common shares will also be sold to U.S. buyers on a private placement basis pursuant to an exemption from the registration requirements in Rule 144A of the U.S. Securities Act of 1933, as amended, and other jurisdictions outside of Canada provided that no prospectus filing or comparable obligation arises.

The offering is scheduled to close on or about Oct. 7, 2025, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and the securities regulatory authorities.

On August 13, 2025, Silver Tiger Metals Inc. announced the preliminary results from its 2025 Summer Exploration Program on the prospective Northern Veins, located 2 kilometers North of the historic El Tigre Mine and outlines initial exploration plans to test several undrilled greenfield areas on the Southern Veins on its 100% owned, silver-gold El Tigre Project (the "Project" or "El Tigre") located in Sonora, Mexico. Current exploration work consists of mapping and sampling both surface and historic underground workings to define drill ready targets for Q4-2025.

Glenn Jessome, President & CEO stated "As we get nearer to making a construction decision for the open pit portion of the El Tigre Project and with our technical team nearing completion of the underground PEA in coming weeks, we are advancing our summer exploration program. We are currently exploring the prospective area north of the historic El Tigre Mine through focused mapping and sampling of both historic core and underground workings. We will soon begin similar exploration on the Southern Veins."

Mr. Jessome further stated, "The Northern Veins, a faulted offset of the veins at the historic El Tigre Mine, show the same structure, mineralogy, grades and orientations as the well-defined veins around the historic El Tigre Mine on which our PFS and pending underground PEA are based. With the initial 10 kilometers of mapped vein strike length we have to the North and recent assay results we are disclosing today, we see the potential to drill these Northern Veins in our Winter 2025 program."

Exploration Objectives 2025:

  • Begin drilling on Northern Veins in Q4-2025
  • Generate drill targets in the Southern Veins at Lluvia de Oro, La Mancha and El Toro through analysis of old mining works
  • With 25 kilometers of mapped vein strike complete, which is 50% of the project area, the Corporation intends to increase mapping coverage to 70%

On July 18, 2025, Silver Tiger Metals Inc., based in Halifax, Nova Scotia, focused on Developing Production at the El Tigre Silver Mining District in Sonora Mexico, today announced that Glenn Jessome, President & CEO, will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on July 23, 2025.

DATE: July 23

TIME: 10:30 AM ET

LINK:REGISTER HERE

Available for 1x1 meetings: July 23 - 25

On June 05, 2025, Silver Tiger Metals Inc. prospectus was approved

Effective April 4, 2025, the company's short form prospectus dated April 4, 2025, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the securities regulatory authorities in each of the provinces of Canada except Quebec, pursuant to the provisions of the applicable securities acts.

Offering: The offering consisted of 45,455,000 common shares at a price of 33 cents per common share.

Offering price: 33 cents per common share

Underwriters: Stifel Nicolaus Canada Inc. and Desjardins Securities Inc., as co-lead underwriters and joint bookrunners, and BMO Nesbitt Burns Inc., SCP Resource Finance LP, Ventum Financial Corp. and Canaccord Genuity Corp.

Overallotment option: The underwriters were granted an overallotment option, exercisable for a period of 30 days following the closing date, to purchase an additional number of common shares equal to 15 per cent of the number of common share sold pursuant to the offering.

For further information, please refer to the company's prospectus dated April 4, 2025.

On April 14, 2025, Silver Tiger Metals Inc. has closed its previously announced bought deal offering of common shares of the company with a syndicate of underwriters. An aggregate of 45,455,000 shares at a price of 33 cents per share for gross proceeds to the company of approximately $15,000,150 were sold. The company intends to use the proceeds of the offering to finance exploration and development expenditures at the company's El Tigre project in Mexico, as well as for working capital and general corporate purposes.

On April 04, 2025, Further to Silver Tiger Metals Inc.'s news release dated March 24, 2025, it has filed a final short form prospectus dated April 4, 2025, with the securities commissions in each of the provinces of Canada, except Quebec, in connection with its bought deal public offering of common shares of the company at 33 cents per common share for aggregate gross proceeds of $15,000,150. The offering is being conducted through a syndicate of underwriters including Stifel Canada and Desjardins Capital Markets, as co-lead underwriters and joint bookrunners, and BMO Capital Markets, SCP Resource Finance LP, Ventum Financial Corp. and Canaccord Genuity Corp. The company has granted the underwriters an option to purchase an additional 6,818,250 common shares on the same terms and exercisable at any time up to 30 days following the closing of the offering, for market stabilization purposes and to cover overallotments, if any. If the overallotment option is exercised in full, additional gross proceeds of $2,250,022.50 will be raised pursuant to the offering and the aggregate gross proceeds the offering will be $17,250,172.50.

The offering is being conducted in each of the provinces of Canada, except Quebec, and outside of Canada in accordance with applicable securities laws.

Closing of the offering is expected to occur on or about April 14, 2025. The TSX Venture Exchange has conditionally approved the listing of the common shares to be issued pursuant to the offering (including any exercise of the overallotment option), subject to customary conditions.

Final short form prospectus is accessible through SEDAR+

February 11, 2025, Silver Tiger Intersects 3.0 meters of 1,526.3 g/t Silver Equivalent within 17.3 meters of 309.0 g/t Silver Equivalent in the Sulfide Zone from Underground Drilling Station

Highlights:

  • Hole ET-24-627: 3.0 meters grading 1,526.3 g/t total silver equivalent, consisting of 833.5 g/t silver, 0.13 g/t gold, 0.87% copper, 6.22% lead and 13.24% zinc within 17.3 meters grading 309.0 g/t total silver equivalent consisting of 160.0 g/t silver, 0.12 g/t gold, 0.18% copper, 1.34% lead and 2.68% zinc in the Sulfide Zone.
  • Hole ET-23-626: 4.8 meters grading 321.0 g/t total silver equivalent, consisting of 254.1 g/t silver, 0.10 g/t gold, 0.33% copper, 0.33% lead and 0.61% zinc within 17.1 meters grading 140.0 g/t total silver equivalent consisting of 95.4 g/t silver, 0.09 g/t gold, 0.13% copper, 0.29% lead and 0.54% zinc in the Sulfide Zone.

https://silvertigermetals.com/news/2025/silver-tiger-intersects-3.0-meters-of-1526.3-g-t-silver-equivalent/


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