# Silver Predator Receives Significant Interest to Joint Venture the Springer Tungsten Mine and Mill Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/silver-predator-receives-significant-interest-to-joint-venture-the-springer-tung--536977d7-60ab-4190-b543-6b9265d65cc1 Original source: https://money.tmx.com/en/quote/SPD/news/57478119/silver-predator-receives-significant-interest-to-joint-venture-the-springer-tung Publisher: tmx Original announcement: 2014-06-09T14:40:00.000Z 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: Economic study, Agreement transaction, Resource update - Extracted: 2026-09-19 05:10:14 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Silver Predator Corp. has signed confidentiality agreements with five parties, including major international companies, to discuss a joint venture for the Springer Tungsten Mine and Mill in Nevada. The company also highlighted the robust economics of its 2013 Preliminary Economic Assessment \(PEA\), which reported a 47% after-tax IRR. Reasoning: The announcement highlights significant JV interest for the Springer Tungsten Mine, supported by a previously published PEA with strong IRR, though it also notes the presence of unverified historical data. - Positive factor: Significant interest from major diversified international companies for a joint venture - Positive factor: Robust economics from 2013 PEA \(47% IRR\) - Positive factor: Strategic asset in a supply-constrained tungsten market - Negative factor: Historical resource estimate is unverified by a QP and not NI 43-101 compliant - Negative factor: PEA includes inferred resources which are speculative Facts used in scoring: 2 ## Classification and evidence **Nearology Play** Polarity: neutral Story-specific tag Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The company's mandate includes advancing the Taylor silver project in a district with gold/silver potential. Evidence · text > Silver Predator’s corporate mandate is to advance the previously operated Nevada-based Taylor silver project and work towards the identification of a gold target. ## Extracted facts Stored fact records: 1. Some facts used in scoring do not have a stored record. ## Resource Estimates (1) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/silver-predator-receives-significant-interest-to-joint-venture-the-springer-tung--536977d7-60ab-4190-b543-6b9265d65cc1#fact-resource-facts-1) Springer Tungsten Mine and Mill · tungsten Historical result Needs review: historical\_restatement #### Identity - Project: Springer Tungsten Mine and Mill - Commodity: tungsten - Region: usa\_nv - Reported Region: Nevada - Ticker: SPD #### Resource scope - Estimate type: resource - Resource group id: resource:a78c03830e70c171d7c4 #### Resource Data - Tonnes: 10720000 - Grade: 0.45 - Grade Unit: % WO3 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 1984-01-01T00:00:00.000Z #### Dates - Event date: 2014-06-09T00:00:00.000Z Reasoning: This is a historical estimate from 1984 that the company explicitly warns should not be relied upon. - Negative factor: Not NI 43-101 compliant - Negative factor: Not verified by a QP Evidence · text > identified the historic resource of 10.72 million tons at an average grade of 0.45% WO 3 #### Tags used in scoring **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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **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 30.4 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.