Silver Predator Announces Private Placement Close
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, Capital raise, Economic study
- Extracted
- 2026-09-19 05:08:55 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Silver Predator Corp. has closed a non-brokered private placement of 19.57 million shares at $0.07 per share, raising approximately $1.37 million. The proceeds are intended for the Springer Tungsten Mine, the Taylor silver-gold project, and general working capital.
Reasoning: The document announces the closing of a small private placement which provides working capital, while also restating historical project economics and resource data.
Positive factors
- successful close of private placement
- increased control position for Till Capital
- historical PEA shows high IRR
Facts used in scoring: 4
Classification and evidence
capital_raisepositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The document announces the close of a non-brokered private placement of 19,570,000 common shares.
Evidence · text
“close of a non-brokered private placement of 19,570,000 common shares at $0.07 per share”
PEA Onlyneutral
Only Class 4 / Initial Assessment economics available. Not bankable.
Why it applies: The Springer Tungsten Mine economics are based on a Preliminary Economic Assessment (PEA).
Evidence · text
“A PEA completed on current resources of 355,000 Indicated tons”
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: %Contained Metal: 190635Contained Unit: stu's of wo 3Historical 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
- %
- 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
- 2014-07-31T00:00:00.000Z
Reasoning: Restatement of historical resource data for Springer Tungsten Mine.
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 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
inferredSpringer Tungsten Mine · tungstenTonnes: 1933600Grade: 0.493Grade Unit: %Contained Metal: 952326Contained Unit: stu's of wo 3Historical 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
- %
- 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
- 2014-07-31T00:00:00.000Z
Reasoning: Restatement of historical resource data for Springer Tungsten Mine.
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
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.