Silver Tiger Commences Underground Drilling at El Tigre Project

Silver Tiger Metals Inc. has announced the start of its underground drilling campaign at the El Tigre Project in Sonora, Mexico. This effort targets the Veins, Sulfide Zone, and Shale Zone within its 100% owned silver-gold project. The company aims to complete a Preliminary Economic Assessment (PEA) for the underground portion by the first half of 2025.

The drilling will cover 5,000 meters with depths ranging from 100 to 300 meters. This approach offers cost savings compared to surface drilling, with assay results due by the end of 2024. The campaign is key to defining the high-grade zones, particularly the historically-mined Veins.

Additionally, Silver Tiger is advancing its Mineral Resource Estimate towards a comprehensive PEA. The project holds significant exploration potential, with a target of 10 to 12 million tonnes at 225 to 265 g/t AgEq, potentially leading to 73 to 100 Moz AgEq.