Silver Tiger Metals Inc.: Silver Tiger Announces C$20 Million Bought Deal Financing
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HALIFAX, NS / ACCESSWIRE / February 8, 2021 / Silver Tiger Metals Inc. (TSXV:SLVR) ( Silver Tiger or the Corporation ) is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP (
Sprott ) as lead underwriter and sole bookrunner, along with Echelon Wealth Partners Inc. and Stifel GMP as co-lead underwriters (collectively, the
Underwriters ), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 33,333,334 common shares of the Company (the
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Endeavour Silver Updates 2020 Mineral Reserve and Resource Estimates
Endeavour Silver CorporationFebruary 3, 2021 GMT
VANCOUVER, British Columbia, Feb. 03, 2021 (GLOBE NEWSWIRE) Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) reports updated Mineral Reserve and Resource Estimates for its three operating silver-gold mines in Mexico, Guanacevi in Durango state, Bolanitos in Guanajuato state and El Compas in Zacatecas state, and two key exploration and development projects, Terronera in Jalisco state and Parral in Chihuahua state.
2020 Mineral Reserve and Resource Highlights (Compared to December 31, 2019)
Silver Proven and Probable Mineral Reserves increased 11% to 48.6 million ounces (oz)
SilverCrest Announces Positive Feasibility Study Results and Technical Report Filing for the Las Chispas Project
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TSX: SIL | NYSE American: SILV
VANCOUVER, BC, Feb. 2, 2021 /PRNewswire/ - SilverCrest Metals Inc. ( SilverCrest or the Company ) is pleased to announce positive results from a Feasibility Study (the Feasibility Study ) for the Las Chispas Project ( Las Chispas or the Project ) in Sonora, Mexico. Details of the Feasibility Study, including an updated Mineral Resource Estimate and an initial Mineral Reserve Estimate, are provided in a technical report filed under the Company s SEDAR profile entitled, NI 43-101 Technical Report & Feasibility Study on the Las Chispas Project with an effective date of January 4, 2021 (the Technical Report ). The Technical Report has been prepared by Ausenco Engineering Canada Inc ( Ausenco ) with the assistance of several other independent engineering companies and consultants.
Silver Tiger Metals Inc.: Silver Tiger Intersects 11.75 meters Grading 667.9 g/t AgEq within 22.2 meters of 381.9 g/t AgEq in new Discovery
Notes: 1. Not true width.
2. Silver Equivalent ( EqAg ) ratios are based on a silver to gold price ratio of 75:1 (Au:Ag). Copper, lead and zinc are converted using $3.66/lb copper, $0.90/lb lead, $1.26/lb zinc at 100% metal recoveries based on a silver price of $26.00/oz.
See attached El Tigre Cross Section 4900N.
Drill Hole Location Table
Plan Map of El Tigre Veins and Drill Holes
El Tigre Resource Estimate
After acquiring El Tigre, Silver Tiger drilled 12,500 meters to define the wide halo of near surface gold mineralization around the mined high-grade veins of the historic El Tigre Mine. This allowed Silver Tiger to deliver a maiden resource estimate for the El Tigre Property to a depth of 150 meters containing indicated resources of 661,000 gold equivalent ounces at 0.77 g/t (21 g/t silver and 0.51 g/t gold) and inferred resources of 3
Silver Tiger Metals Inc.: Silver Tiger Makes New Discovery of the Benjamin Vein Intersecting 1,310 g/t AgEq Over 3.0 Meters Within 5.5 Meters Grading 732 g/t AgEq
Notes: 1. Not true width.
2. Gold Equivalent ( EqAu75 ) ratios and Silver Equivalent ( EqAg75) ratios are based on silver to gold price
ratio of 75:1 (Au:Ag).
See attached El Tigre Cross Section 6125.
Drill Hole Location Table
Plan Map of El Tigre Veins and Drill Holes
El Tigre Resource Estimate
After acquiring El Tigre, Silver Tiger drilled 12,500 meters to define the wide halo of near surface gold mineralization around the mined high-grade veins of the historic El Tigre Mine. This allowed Silver Tiger to deliver a maiden resource estimate for the El Tigre Property to a depth of 150 meters containing indicated resources of 661,000 gold equivalent ounces at 0.77 g/t (21 g/t silver and 0.51 g/t gold) and inferred resources of 341,000 gold equivalent ounces at 1.59 g/t (88 g/t silver and 0.52 g/t gold). The National I