Silver Tiger Announces Filing of a PEA for the Underground and an Updated Pre-Feasibility Study Technical Report for the El Tigre Silver-Gold Project

Original announcement by tmx on

Company
Silver Tiger Metals Inc.
Ticker
SLVR
Exchange
TSX
Region
Sonora, Mexico
Primary commodity
Silver
Secondary commodities
Gold
Document categories
Economic study, Resource update
Extracted
2026-09-16 22:55:12 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Silver Tiger Metals has filed a new Preliminary Economic Assessment (PEA) for the underground portion of the El Tigre Project and an updated Pre-Feasibility Study (PFS) for the Stockwork Zone. The underground PEA shows an NPV of $304M and an IRR of 42.8%, while the updated PFS reports an NPV of $456M and an IRR of 65.7%.

Reasoning: The announcement delivers two major technical milestones: a new underground PEA and an updated PFS for the Stockwork Zone, both showing robust economics with high IRRs and short payback periods.

Positive factors

  • Strong economics for both PEA and updated PFS
  • High IRR (65.7% for PFS)
  • Short payback period (1.4 years for PFS)
  • Significant silver-gold production scale

Negative factors

  • PEA is for underground only, PFS is for Stockwork Zone

Facts used in scoring: 2

Classification and evidence

PFS Completepositive

AACE Class 3 study complete.

Why it applies: The company announced an updated Pre-Feasibility Study for the Stockwork Zone.

Evidence · text

“updated Pre-Feasibility Study ("PFS") on the Stockwork Zone”

PEA Onlyneutral

Only Class 4 / Initial Assessment economics available. Not bankable.

Why it applies: A new Preliminary Economic Assessment was filed for the underground portion.

Evidence · text

“filing of a Preliminary Economic Assessment ("PEA") on the underground”

High IRRpositive

Post-tax real unlevered IRR in the strong tier or better.

Why it applies: The updated PFS reports an After-Tax IRR of 65.7%.

Evidence · text

“After-Tax IRR of 65.7%”

Fast Paybackpositive

Payback in the strong tier or better, on the required basis.

Why it applies: The PFS payback period is 1.4 years.

Evidence · text

“Payback Period of 1.4 years”

Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

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.