Silver Tiger Metals Announces Exceptional Assay Results from El Tigre Project
Halifax, NS – Silver Tiger Metals Inc. (TSXV:SLVR) (OTCQX:SLVTF) (“Silver Tiger” or the “Company”) is thrilled to share the initial assay results from the ongoing drilling campaign at its 100% owned El Tigre Project in Sonora, Mexico. The campaign focuses on high-grade Vein, Sulfide, and Shale Zones, with the following noteworthy findings:
High-Grade Intercepts at El Tigre
Hole ET-24-627 produced impressive results within the Sulfide Zone, with a significant intercept of 3.0 meters grading 1,526.3 g/t total silver equivalent from 297.5 meters to 300.5 meters. This interval contained 833.5 g/t silver, 0.13 g/t gold, 0.87% copper, 6.22% lead, and 13.24% zinc. Moreover, there was a broader interval of 17.3 meters grading 309.0 g/t total silver equivalent from 297.5 meters to 314.8 meters, which included 160.0 g/t silver, 0.12 g/t gold, 0.18% copper, 1.34% lead, and 2.68% zinc (Figure 1 and 2).
Impact on Silver Tiger Metals and the Mining Industry
These outstanding results are a significant boost to Silver Tiger Metals as they continue to explore the potential of El Tigre Project. The high-grade silver-gold intercepts provide further evidence of the project’s potential to be a major player in the silver mining industry. With continued exploration and development, these findings could lead to increased production, revenue growth, and potential expansion of the Company’s mining operations.
Global Implications
The mining sector, particularly silver, is a critical component of the global economy, with numerous applications in industries such as electronics, solar panels, and jewelry. The discovery of high-grade silver deposits like El Tigre Project can contribute to the global silver supply, potentially stabilizing prices and ensuring a consistent supply to meet the growing demand for silver. This can lead to benefits for various industries and economies reliant on silver, fostering technological advancements and economic growth.
- Electronics: Silver is an essential component in the production of microcircuits and semiconductors, which are used in a wide range of electronic devices.
- Solar Panels: Silver is used as a conductor in solar panels, making them more efficient and cost-effective.
- Jewelry: Silver is a popular choice for jewelry due to its lustrous appearance and malleability.
Conclusion
The initial assay results from Silver Tiger Metals’ El Tigre Project in Mexico demonstrate the potential for significant silver-gold discoveries, with high-grade intercepts in the Sulfide Zone. These findings could lead to increased production, revenue growth, and potential expansion for the Company, as well as contributing to the global silver supply and fostering technological advancements and economic growth in various industries. With continued exploration and development, El Tigre Project may become a major player in the silver mining industry and the global economy.
As investors and stakeholders, we look forward to following Silver Tiger Metals’ progress and the potential impact of these discoveries on the mining industry and the world.
