STIFEL GMPInvestment Thesis
We believe Silver Tiger has found the next major high grade silver vein system in Mexico. As the company continues to drill along strike from the historically high grade (40 oz/t) El Tigre mine, we anticipate they will continue to encounter continuous, high grade silver veins. The style of mineralization on the property also includes broad zones of 'halo' mineralization around the veins, setting the deposit up well for future economic open pit extraction. We also expect the company will find other high grade veins across their extensive property, given the presence of historic, small scale artisanal workings in favourable host lithology