Interview with Glenn Jessome, President & CEO of Silver Tiger Metals Inc.
Our previous interview: https://www.cruxinvestor.com/posts/silver-tiger-metals-tsxv-slvr-how-this-junior-miner-could-become-a-major-silver-producer-4175
Recording date: 3rd November 2023
Silver Tiger Metals (TSX-V:SLVR) is a Canadian silver exploration and development company focused on its El Tigre silver project in Sonora, Mexico. The company recently announced a positive preliminary economic assessment (PEA) for their open pit operation containing 87 million oz silver equivalent at El Tigre with an NPV of US$287M.
CEO Glen Jessome highlighted the simple, low-cost nature of the open pit plan with low strip ratios in the first 4 years. The company plans to continue advancing El Tigre with a pre-feasibility study expected in April 2024. They currently have permits in place for an 800 tpd operation and have applied to amend the permits to match the PEA scenario.
The open pit is just the first phase, with significant exploration upside remaining from the deeper high-grade silver zones which host an additional inferred resource. Silver Tiger Metals sees the cash flow from the open pit funding expansion drilling and development of the larger El Tigre resource.
View Silver Tiger's company profile: https://www.cruxinvestor.com/companies/silver-tiger-metals
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What is Company Interviews?
An insight into junior mining and opportunities to invest.
Company Interviews, a Crux Investor show, exists to cut through the jargon, bias and bluster.
Matthew Gordon, and guest host Merlin Marr-Johnson hone in on the important factors that indicate a company's strong footing for growth and success.