Silver Tiger Metals

Silver Tiger Metals presents a compelling investment opportunity through its advanced-stage El Tigre Project, which offers exceptional economics and near-term development potential. The 2024 Preliminary Feasibility Study demonstrates robust project viability with an after-tax net present value of $222 million (at 5% discount), internal rate of return of 40%, and a rapid 2.0-year payback period. The project envisions a 10-year mine life producing 43 million payable silver equivalent ounces (510,000 gold equivalent ounces) at average annual production of 4.8 million AgEq ounces.

The project distinguishes itself through low operating costs, with life-of-mine all-in sustaining costs of $12 per ounce silver equivalent ($1,214 per ounce gold equivalent). Initial capital requirements of $86.8 million are modest for a project of this scale, particularly given the existing infrastructure and straightforward open-pit mining approach. Located in Sonora State, a well-established mining jurisdiction with excellent infrastructure and mining culture, El Tigre benefits from four distinct mineralization types—epithermal veins, stockwork zone, black shale zone, and sulphide zone—providing operational flexibility and exploration upside.

Silver Tiger Metals is led by a seasoned management team with deep expertise in capital markets, corporate finance, and Mexican mining operations. Glenn Jessome, President and CEO, is the founding shareholder who oversaw the company's TSXV listing. A securities lawyer with 25 years of resource sector capital markets experience, he serves on the TSXV National Advisory Committee and holds Law and MBA degrees from Dalhousie University.​

Keith Abriel, CFO and Corporate Secretary, brings 25 years of financial leadership with CPA, CA, and CFA designations. His extensive experience includes serving as CFO of DHX Media (NASDAQ, TSX) and multiple mining companies, raising over $1 billion in capital for public and venture-backed companies, and nine years at PwC. He holds a Bachelor of Commerce from Saint Mary's University.​

Francisco Albelais, Vice President of Operations, is a Mining Engineer with over 25 years of experience building, commissioning, and operating open-pit and underground mines in Mexico. His career includes key roles at Kappes Cassiday & Associates, where he worked on the startup of major projects including Ocampo, Los Filos, and Pinos Altos, followed by senior positions at Argonaut Gold overseeing multiple mine operations and development projects.

Silver Tiger Metals is executing a focused growth strategy centered on advancing the El Tigre Stockwork Zone toward production while systematically expanding the resource base. With all environmental permits secured in November 2025, the company is positioned to commence construction on an 18-month development timeline. The summer exploration program targets both near-mine and greenfield opportunities, mapping and sampling northern veins (Fundadora, Protectora, Caleigh) and southern vein systems (Lluvia de Oro, La Mancha, El Toro) that extend over 10 kilometers with no prior drilling.

Environmental stewardship and community partnership are integral to the growth strategy. The company maintains active land access agreements and is completing the acquisition of 6,283 hectares within the property boundaries. Underground exploration continues through channel sampling and drilling of high-grade veins, sulphide zones, and black shale horizons, with results up to 1,526.3 g/t silver equivalent over 3.0 meters. A Preliminary Economic Assessment for out-of-pit resources is planned for the second half of 2025, potentially extending mine life and enhancing project economics.

Silver Tiger Metals maintains a strong financial position to advance the El Tigre Project through development and into production. During 2025, the company successfully completed three bought-deal financings totaling $83.8 million, demonstrating strong institutional investor support and effective capital markets execution. The November 2025 financing raised $40 million at $0.73 per share, led by BMO Capital Markets and Stifel, while the October and April offerings raised $28.8 million and $15 million respectively.

As of September 30, 2025, the company holds $12.2 million in working capital within total assets of $92.9 million. While in the exploration stage with no operating revenue, Silver Tiger recorded a controlled net loss of $1.7 million for the six-month period, reflecting disciplined corporate spending. The substantial cash reserves are allocated entirely to El Tigre exploration and development expenditures, providing sufficient capital for construction initiation and continued resource expansion drilling. This financial strength, combined with modest initial capex requirements, positions the company to deliver shareholder value through project development.

Silver Tiger Metals Inc. stands at the threshold of production, having secured all environmental permits and financing necessary to develop the El Tigre Silver-Gold Project. With measured and indicated resources of 199,512 tonnes silver equivalent, a 40% after-tax IRR, and initial capital requirements of only $86.8 million, the company offers a compelling investment opportunity in the precious metals sector. The combination of substantial existing resources, exceptional exploration upside across four mineralization types, and a clear path to construction positions Silver Tiger for significant value creation.

The company's experienced management team, strong financial position, and commitment to responsible mining practices in Mexico's established Sonora mining district provide a solid foundation for success. As Silver Tiger advances toward construction commencement and eventual production, investors gain exposure to a de-risked, low-cost silver-gold project with substantial expansion potential and a disciplined development approach focused on delivering sustainable shareholder returns.