# Silver Predator Revises Springer Mining Lease and Option to Purchase Agreement

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/silver-predator-revises-springer-mining-lease-and-option-to-purchase-agreement--8b5c675a-eab9-4397-86c7-1cddec6b75ad

Original source: https://money.tmx.com/en/quote/SPD/news/62538805/silver-predator-revises-springer-mining-lease-and-option-to-purchase-agreement

Publisher: tmx

Original announcement: 2015-02-09T19:10:00.000Z

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 11:37:36 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Silver Predator Corp. has renegotiated its mining lease and option to purchase agreement for the Springer Tungsten Mine in Nevada, securing a reduced royalty rate. The announcement also restates historical resource data from a 2013 PEA for the Springer project.

Reasoning: The renegotiated agreement reduces the sliding-scale NSR from 3.0-5.0% to 2.0-4.0%, directly improving the project's economic profile.

- Positive factor: reduced royalty rate

- Positive factor: improved project economics

- Negative factor: royalty obligations include cash and share payments

Facts used in scoring: 2

## Classification and evidence

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document restates resource figures from a previous PEA.

Evidence · text

> A PEA completed on current resources of 355,000 Indicated tons

## 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.