Silver Tiger's Open Pit Project: Gateway to El Tigre's Vast Underground Potential

Silver Tiger, an emerging silver producer, is experiencing promising developments with its El Tigre project in Sonoro, Mexico. The silver price has recently surpassed 36 USD per ounce, complemented by Mexico's easing mining policies. This positive backdrop has helped boost Silver Tiger's share price significantly since it secured CAD 15 million from institutional investors in April.

In October 2024, Silver Tiger issued a pre-feasibility study on its open-pit mining project at El Tigre, based on conservative silver and gold pricing estimates. The study conveyed that even under these assumptions, the mine could self-finance within two years and generate a substantial cash flow over a decade. Current market prices suggest an even greater financial outcome, highlighting a promising future for El Tigre's underground exploration.