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Tag: Silver Tiger Metals Inc.

Red Cloud | redcloudfs.com

Red Cloud’s 2022 Very Pre-PDAC Mining Showcase – Day Three Recap

Last Friday, Red Cloud hosted the third and final day of its Very Pre-PDAC Mining Showcase, which featured 39 presenting companies including a keynote speech by Joe Mazumdar, Editor/Analyst and Publisher of Exploration Insights and had over 1,750 participants registered in advance of the event. With this note, we want to provide a quick recap of the highlights from the conference for those who were unable to attend the live event. Replays are available on the Red Cloud website.

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Red Cloud | redcloudfs.com

Silver Tiger Metals Inc. (TSXV:SLVR) – New High Grade Discovery Between Tiger and Seitz Kelly Veins

Silver Tiger announced a new discovery at its 100%-owned El Tigre project in Sonora, Mexico. Assay results from two holes were released, one of which intersected high grades of up to 7,807 g/t AgEq over 0.6m indicating the discovery of a new vein named Vein 4. It is hosted within the black shale horizon between the Tiger vein and the Seitz Kelly vein. We believe this is very positive news and bodes well for future resource estimates, particularly as it follows other discoveries such as the Footwall Zone, the Benjamin vein and the Sooy vein extension. With just one intersection thus far, further work is required on this new Vein 4 discovery before it can be quantified, however, we note that it shows similarities to other zones, specifically the Footwall discovery zone which is hosted within Black Shale.

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Red Cloud | redcloudfs.com

Q3 Producer Preview & Commodity Price Update – Lowering Gold Price Forecasts While Most Commodities Increased

Q3 operating and financial results are to be announced over the next few weeks. While gold is out of favour, prices have been trading within a narrow window that have allowed companies to continue to turn profits, despite an uncertain outlook. Late summer was hard on most commodities as precious and industrial metals alike fell on a slowdown in global economic growth due to surging fuel prices, Chinese power restrictions, labour shortages, disrupted global supply chains and a stronger USD. Metal prices came under further pressure as major property developer Evergrande missed further bond payments, impacting iron ore and copper prices. With this update, we provide new commodity price and FX forecasts, updated coverage estimates, and a fresh set of top picks.

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