# Silver Predator Receives Significant Interest to Joint Venture the Springer Tungsten Mine and Mill

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/silver-predator-receives-significant-interest-to-joint-venture-the-springer-tung--06854f1d-5eaa-4506-87bc-73d7a212f7e8

Original source: https://money.tmx.com/en/quote/SPD/news/57478119/silver-predator-receives-significant-interest-to-joint-venture-the-springer-tung

Publisher: tmx

Original announcement: 2014-06-09T14:40:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Silver Predator Corp.

- Ticker: SPD

- Exchange: TSX

- Region: Nevada

- Primary commodity: Tungsten

- Secondary commodities: Silver, Gold

- Document categories: Agreement transaction, Resource update

- Extracted: 2026-08-26 11:40:45 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Silver Predator Corp. has signed confidentiality agreements with five parties, including major international companies, to discuss a joint venture for the Springer Tungsten Mine and Mill in Nevada. The company highlighted the asset's robust economics from a 2013 PEA and noted significant interest due to global tungsten supply constraints.

Reasoning: The announcement of JV interest from major players for a tungsten asset with strong PEA economics is highly material for a junior explorer.

- Positive factor: Significant interest from major international companies for a joint venture

- Positive factor: Strong economic indicators from 2013 PEA \(47% IRR\)

- Positive factor: Strategic asset in a supply-constrained market

- Negative factor: Historical resource estimate requires verification by a QP

- Negative factor: PEA includes inferred resources which are speculative

Facts used in scoring: 1

## Classification and evidence

**Historical Estimate Only**

Polarity: negative

Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The 10.7 Mt @ 0.45% WO resource is a 1984 estimate that has not been verified by a QP.

Evidence · text

> The Company has not completed the work necessary to have the historical estimate verified by a QP and therefore it is NOT included in the PEA.

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The company notes the PEA includes inferred mineral resources that are considered speculative.

Evidence · text

> includes inferred mineral resources that are considered too speculative geologically

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.