# Silver Tiger Announces a PEA for the Underground with an After Tax NPV of US$304m and an Updated PFS for the Stockwork Zone with an After Tax NPV of US$456m at the El Tigre Silver-Gold Project, Sonora, Mexico

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/silver-tiger-announces-a-pea-for-the-underground-with-an-after-tax-npv-of-us-304--8c9530d3-3f1e-4253-b4df-e8195425a2ed

Original source: https://finance.yahoo.com/news/silver-tiger-announces-pea-underground-120000384.html

Publisher: yahoo\_press

Original announcement: 2026-01-20T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Silver Tiger Metals Inc.

- Ticker: SLVR

- Exchange: TSXV

- Region: Sonora, Mexico

- Primary commodity: Silver

- Secondary commodities: Gold

- Document categories: Resource update

- Extracted: 2026-08-21 03:05:01 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Silver Tiger Metals has announced a Preliminary Economic Assessment \(PEA\) for the underground portion of the El Tigre project, yielding an after-tax NPV of US$304m. Additionally, the company updated its Pre-Feasibility Study \(PFS\) for the Stockwork Zone, reporting an after-tax NPV of US$456m.

Reasoning: The announcement of a PEA and an updated PFS with significant NPVs represents a major de-risking milestone for the project.

- Positive factor: Positive NPV for both Underground PEA and Stockwork Zone PFS

- Positive factor: Advancement of project economics through multiple study levels

Facts used in scoring: 0

## Classification and evidence

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: The announcement specifically details the results of a Preliminary Economic Assessment \(PEA\) for the underground portion of the project.

Evidence · text

> announce the results of a Preliminary Economic Assessment \("PEA"\) on the underground

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: The announcement includes an updated Pre-Feasibility Study \(PFS\) for the Stockwork Zone.

Evidence · text

> and an Updated PFS for the Stockwork Zone

## 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.