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Silver Tiger Announces Updated Mineral Resource Estimate for the El Tigre Silver-Gold Project
HALIFAX, NS / ACCESSWIRE / September 12, 2023 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF...
About this update from Silver Tiger Metals, Inc.
[{"type":"text","content":"Silver Tiger Announces Updated Mineral Resource Estimate for the El Tigre Silver-Gold ProjectHALIFAX, NS / ACCESSWIRE / September 12, 2023 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF) (\"Silver Tiger\" or the \"Corporation\") is pleased to announce an Updated Mineral Resource Estimate (\"MRE\") for its 100% owned, high-grade silver-gold El Tigre Project (the \"Project\" or \"El Tigre\") located in Sonora, Mexico. This Updated MRE was based on information and data supplied by Silver Tiger, and was undertaken by Yungang Wu, P.Geo. and Eugene Puritch, P.Eng., FEC, CET of P&E Mining Consultants Inc. of Brampton, Ontario.The Updated MRE includes the newly-discovered Sulfide and Black Shale Zones, Veins and Pit-Constrained Resources (Figure 1).Highlights Include:Increase of 84% in Indicated Silver Equivalent (\"AgEq\") Ounces from initial September 2017 Mineral Resource, with 3% increase in AgEq grade;Increase of 257% in Inferred AgEq Ounces from initial September 2017 Mineral Resource, with an 13% increase in AgEq grade;Pit-constrained El Tigre Indicated Mineral Resources of 61.4 Million ounces (Moz) AgEq grading 44 g/t AgEq contained in 43.0Million tonnes (\"Mt\");Pit-constrained El Tigre Inferred Mineral Resources of 20.0 Moz AgEq grading 54 g/t AgEq contained in 11.5 Mt;Out-of-Pit El Tigre Indicated Mineral Resources of 20.8 Moz AgEq grading 279 g/t AgEq contained in 2.3 Mt;Out-of-Pit El Tigre Inferred Mineral Resources of 69.8 Moz AgEq grading 235 g/t AgEq contained in 9.2 Mt;Out-of-Pit Indicated Mineral Resources, at a cut-off grade of 263 g/t AgEq (3.5 gpt AuEq), contains 12.8 Moz ounces AgEq grading 484 g/t AgEq within in 0.8 Mt;Out-of-Pit Inferred Mineral Resources, at a cut-off grade of 263 g/t AgEq (3.5 gpt AuEq), contains 32.4 Moz ounces AgEq grading 400 g/t AgEq within in 2.5 Mt; andThe El Tigre Project Mineral Resource is amenable to both open pit and bulk underground mining methods;Indicated Mineral Resources are estimated at 46.4 Mt grading 25 g/t silver, 0.39 g/t gold, 0.01% copper, 0.03% lead, and 0.06% zinc (0.77 g/t AuEq). The Updated Mineral Resource Estimate includes Indicated Mineral Resources of 37.2 Moz of silver, 575 koz of gold, 9.4 Mlb of copper, 35.5 Mlb of lead, and 64.3 Mlb of zinc (1.1 Moz AuEq).Inferred Mineral Resources are estimated at 20.9 Mt grading 78.4 g/t silver, 0.56 g/t gold, 0.04% ...