Silver Tiger Secures Approvals for El Tigre Project Construction

Silver Tiger Metals Inc. has obtained necessary approvals from Mexico's Federal Environmental Department to begin construction of the El Tigre Stockwork Silver-Gold Project in Sonora. This marks a significant step forward, as the project is now poised for construction following the Preliminary Feasibility Study disclosed in October 2024.

The El Tigre Project, with an After-Tax NPV projected at $222 million, offers a promising economic outlook. With an initial capital cost of $86.8 million, the project anticipates a 9-year mine life and an After-Tax IRR of 40%, expecting payback in 2 years. Silver Tiger emphasizes environmental sustainability and local community well-being.

The company plans to release a PEA for its underground mineral resource in the latter half of 2025, reinforcing its commitment to transparency and investor communication using platforms like VRIFY.