Silver Tiger Metals – PEA For The Open Pit Portion Of The El Tigre Silver-Gold Project; After-Tax NPV of US$287, IRR of 55.8%
Glenn Jessome, President and CEO of Silver Tiger Metals (TSX.V:SLVR – OTCQX:SLVTF) (“Silver Tiger”) joined us last week at the New Orleans Investment Conference to highlight the Preliminary Economic Assessment (“PEA”), released on November 1st. The PEA encompasses the open pit portion of the resource at the El Tigre Silver-Gold Project in Mexico.
We start by recapping the key financial numbers such as NPV, IRR and initial and sustaining capital costs. We also discuss sensitivities to lower silver and gold prices. Glenn explains what the open pit resource encompasses and how the underground component fits it to the bigger picture. Following up on the bigger picture strategy we have Glenn explain how Silver Tiger is planning on balancing out the option of bringing into production the open pit resource vs. working on the economics of the underground resource vs. all the exploration potential on the Project.
- In full disclosure, Shad is a shareholder of Silver Tiger Metals at the time of this recording.