Silver Predator Announces Officer Changes
Original announcement by tmx on
- Company
- Silver Predator Corp.
- Ticker
- SPD
- Exchange
- TSX
- Region
- Nevada
- Primary commodity
- Tungsten
- Secondary commodities
- Silver, Gold
- Document categories
- Resource update, Other, Economic study
- Extracted
- 2026-09-19 05:06:14 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Silver Predator Corp. announced the resignation of CFO Timothy P. Leybold and the appointment of Weiying (Mary) Zhu as the new CFO. The release also provides background technical data from previous NI 43-101 reports regarding the Springer Tungsten Mine and Taylor silver-gold project.
Reasoning: The primary news is a routine officer change (CFO resignation and appointment). The document contains historical resource data from a 2013 PEA, which is low novelty and serves as background context rather than new results.
Positive factors
- Appointment of experienced CFO with mining industry background
Facts used in scoring: 3
Classification and evidence
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The Springer Tungsten Mine contains a significant Inferred resource component.
Evidence · text
“1,933,600 Inferred tons at an average grade of 0.493%”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Resource Estimates (2)
indicatedSpringer Tungsten Mine · tungstenTonnes: 355000Grade: 0.537Grade Unit: % WO3Contained Metal: 190635Contained Unit: stusHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Springer Tungsten Mine
- Commodity
- tungsten
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- SPD
Resource scope
- Estimate type
- resource
- Resource group id
- resource:466fb3924d180b675f84
Resource Data
- Category
- indicated
- Tonnes
- 355000
- Grade
- 0.537
- Grade Unit
- % WO3
- Contained Metal
- 190635
- Contained Unit
- stus
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2013-12-31T00:00:00.000Z
Dates
- Event date
- 2016-01-22T00:00:00.000Z
Reasoning: Historical indicated resource data from a 2013 PEA.
Evidence · text
“355,000 Indicated tons at an average grade of 0.537% containing 190,635 Short Ton Units[STUs] of Tungsten trioxide [WO 3 ]”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.1 years before this release
inferredSpringer Tungsten Mine · tungstenTonnes: 1933600Grade: 0.493Grade Unit: % WO3Contained Metal: 952326Contained Unit: stusHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Springer Tungsten Mine
- Commodity
- tungsten
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- SPD
Resource scope
- Estimate type
- resource
- Resource group id
- resource:880d60fb773b191986f8
Resource Data
- Category
- inferred
- Tonnes
- 1933600
- Grade
- 0.493
- Grade Unit
- % WO3
- Contained Metal
- 952326
- Contained Unit
- stus
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2013-12-31T00:00:00.000Z
Dates
- Event date
- 2016-01-22T00:00:00.000Z
Reasoning: Historical inferred resource data from a 2013 PEA.
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 Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
Stale Estimatenegative
Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
Why it applies: effective date is 2.1 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.