# Silver Predator Amends Terms of US$275,000 Loan Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/silver-predator-amends-terms-of-us-275-000-loan--9c32a793-90d7-4b48-9f5f-288e4ac66ae1 Original source: https://money.tmx.com/en/quote/SPD/news/70731998/silver-predator-amends-terms-of-us-275-000-loan Publisher: tmx Original announcement: 2016-01-04T22:15:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Silver Predator Corp. - Ticker: SPD - Exchange: TSX - Region: Nevada - Primary commodity: Tungsten - Secondary commodities: Silver, Gold - Document categories: Resource update, Agreement transaction - Extracted: 2026-09-19 05:05:45 UTC Narrative sentiment: 0.00 · Neutral ## Minestarters Atlas summary Silver Predator Corp. has amended the terms of a US$275,000 loan from Resource Re Ltd., increasing the total amount to US$400,000 and extending the due date to April 30, 2016, with an interest rate increase to 14%. The release also restates historical resource estimates for the Springer Tungsten Mine and the Taylor silver-gold project. Reasoning: The document primarily announces an amendment to a loan \(related party transaction\), but also restates historical resource data for the Springer and Taylor projects. - Positive factor: Increased loan amount provides additional working capital - Positive factor: Extension of due date provides more runway - Negative factor: Increased interest rate from 12% to 14% - Negative factor: Loan is secured by company assets Facts used in scoring: 3 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The Springer project contains a significant inferred resource component. Evidence · text > 1,933,600 Inferred tons at an average grade of 0.493% **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Michael Maslowski, CPG, has reviewed and approved the technical disclosure. Evidence · text > Mr. Michael Maslowski, CPG, a Qualified Person as defined by National Instrument 43-101... has reviewed, verified and approved disclosure ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-predator-amends-terms-of-us-275-000-loan--9c32a793-90d7-4b48-9f5f-288e4ac66ae1#fact-resource-facts-1) Springer Tungsten Mine and Mill Complex · tungsten Historical result Needs review: historical\_restatement #### Identity - Project: Springer Tungsten Mine and Mill Complex - Commodity: tungsten - Region: usa\_nv - Reported Region: Nevada - Ticker: SPD #### Resource scope - Estimate type: resource - Resource group id: resource:31c6d75e6678b006a1a3 #### Resource Data - Category: indicated - Tonnes: 355000 - Grade: 0.537 - Grade Unit: % - Contained Metal: 190635 - Contained Unit: stu's of wo 3 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2013-12-31T00:00:00.000Z #### Dates - Event date: 2016-01-04T00:00:00.000Z Reasoning: Historical restatement of Springer Indicated resource. Evidence · text > 355,000 Indicated tons at an average grade of 0.537% containing 190,635 STU's of WO 3 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.0 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-predator-amends-terms-of-us-275-000-loan--9c32a793-90d7-4b48-9f5f-288e4ac66ae1#fact-resource-facts-2) Springer Tungsten Mine and Mill Complex · tungsten Historical result Needs review: historical\_restatement #### Identity - Project: Springer Tungsten Mine and Mill Complex - Commodity: tungsten - Region: usa\_nv - Reported Region: Nevada - Ticker: SPD #### Resource scope - Estimate type: resource - Resource group id: resource:6cf0a5af4433e6367519 #### Resource Data - Category: inferred - Tonnes: 1933600 - Grade: 0.493 - Grade Unit: % - Contained Metal: 952326 - Contained Unit: stu's of wo 3 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2013-12-31T00:00:00.000Z #### Dates - Event date: 2016-01-04T00:00:00.000Z Reasoning: Historical restatement of Springer Inferred resource. Evidence · text > 1,933,600 Inferred tons at an average grade of 0.493% containing 952,326 STU's of WO 3 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.0 years before this release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.