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Silver Tiger Metals Inc.: Silver Tiger Intersects 4,461.4 G/T AgEq Over 0.5 Meters in the Sooy Vein finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
(2) (3) Gabbs Project Exploration Target and Potential Based on historical drilling, the Gabbs Project has an Exploration Target of 0.90 million to 2.25 million ounces of gold (contained in 40 million to 70 million tonnes at an average grade of 0.7 to 1.0 g/t gold). No Exploration Target has been estimated for copper. The potential quantity and grade of this Exploration Target is conceptual in nature. There has been insufficient exploration to define it as a Mineral Resource and it is uncertain if further exploration will result in the target being delineated as a Mineral Resource. Due to the limited systematic exploration completed to date, the Company believes the full potential of each of the known zones of mineralization at Gabbs has yet to be recognized. The mineralized zones have not been tested along strike or at depth, and of the 494 holes drilled at Gabbs between 1970 and 2011, 180 holes (36%) ended in mineralization. Also, a significant number of holes dr ....
Silver Tiger Metals Inc.: Silver Tiger Intersects 2.95 Meters Grading 1,941.1 g/t AgEq within 9.3 meters of 638.4 g/t AgEq in the Sooy Vein Not true width. 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. Drill Hole Location Table El Tigre Cross Sections 4825N 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 Announces Closing of $23 Million Bought Deal Financing HALIFAX, NS Silver Tiger or the Offering ) of common shares of the Company (the Shares ) with a syndicate of underwriters. An aggregate of 38,333,334 Shares at a price of C$0.60 per Share for gross proceeds to the Company of approximately C$23 million were sold including 5,000,000 Shares for gross proceeds of approximately $3 million on the exercise in full of the over-allotment option granted by the Corporation to the syndicate of underwriters. The syndicate of underwriters was led by Sprott Capital Partners LP, as lead underwriter and sole bookrunner, along with Echelon Wealth Partners Inc. and Stifel GMP, as co-lead underwriters, and included Eight Capital, Beacon Securities Limited and Red Cloud Securities Inc. (collectively, the ....
Press release content from Accesswire. The AP news staff was not involved in its creation. Silver Tiger Announces C$20 Million Bought Deal Financing February 8, 2021 GMT Not for distribution to United States newswire services or for dissemination in the United States 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 “Shares”) at a price of C$0.60 per Share for gross proceeds to the Company of approximately C$20 million (the “Offering”). ....