Drilling in well ET-24-583 crosses the surface of 79.50 meters grading 1.13 g/t gold equivalent.
Silver Tiger Metals Inc. provided an update on the first 110 wells drilled from the company’s Prefeasibility Study (PFS) drilling program at its El Tigre project in Sonora, Mexico.
According to the company, the new results highlight the expansion of mineralization along the lower wall of the PEA “Starter Pit”.
Drilling
Drilling in hole ET-24-583 crosses the surface of 79.50 meters grading 1.13 g/t gold equivalent or 84.8 g/t silver equivalent from 0.0 to 79.50 meters. Which consists of 0.97 g/t gold and 12.3 g/t silver. Including 26.0 meters grading 0.72 g/t gold equivalent or 53.7 g/t silver equivalent from 101.0 to 127.0 meters. Which consist of 0.67 g/t gold and 3.6 g/t silver in the hanging wall and footwall areas.
The well passed through the El Tigre vein and expanded the footprint of the Footwall Zone approximately 50 m to the east. Glenn Jessome, CEO of Silver Tiger, confirmed that there are two areas that are showing significant potential for expansion.
“In line with previous trial results, the Footwall and Keel zone are showing significant potential for expansion during the 2023 MRE. The results may increase the updated MRE associated with the Study at the PFS level, as well as further removal of project risks,” he highlighted.
New intercepts through the Stockwork gold deposit, comprised of the footwall, hanging wall and high-grade keel zones, highlight good results.
Drill hole ET-24-571: 44.2 meters grading 1.00 g/t gold equivalent or 75.1 g/t silver equivalent. From surface to 44.2 meters, consisting of 0.49 g/t gold and 38.4 g/t silver and 57.0 meters grading 0.32 g/t gold equivalent or 24.0 g/t silver equivalent from 55.5 to 112 .5 meters consisting of 0.31 g/t gold and 1.1 g/t silver.
Hole ET-24-576: 41.1 meters grading 1.03 g/t gold equivalent or 77.5 g/t silver equivalent from 129.0 to 170.1 meters. Which consists of 0.92 g/t gold and 8.5 g/t silver. Including 14.2 meters grading 1.62 g/tt gold equivalent or 121.8 g/t silver equivalent from 140.9 to 155.1 metres. Which consists of 1.52 g/t gold and 7.5 g/t silver gold in the Hanging Wall Zone.
Hole ET-24-580: 27.1 meters grading 0.74 g/t gold equivalent or 55.5 g/t silver equivalent from 25.9 to 53.0 meters. Composed of 0.68 g/t gold and 4.6 g/t silver in the Hanging Wall Zone and 9.0 meters grading 1.75 g/t gold equivalent. That is, 131.4 g/t silver equivalent from 84.0 to 93.0 meters consisting of 1.60 g/t gold and 11.5 g/t silver in the keel zone. Which show consistent, high-grade mineralization 100 m south of PEA’ Start Hole.
