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El Tigre Silver Corp. (ELS:CA)

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Web site: 
http://www.eltigresilvercorp.com/

El Tigre Silver Corp. (ELS - TSX.V) is a publicly traded company, which is committed to becoming a leader in mineral exploration and development.  The company has its head office in Vancouver, BC and a mine site office Hermosillo, Mexico.  

The company currently owns 100% of 9 mining concessions comprising of 43,098 hectares located in the Sierra El Tigre, northeastern Sonora State in Mexico (The El Tigre Property). Mineralization at Sierra El Tigre was originally discovered in the higher elevations of the district as a high-grade gold vein. A shaft was sunk on the vein and, as mining progressed downwards, rich silver ores were found. Thereafter, mining concentrated on exploitation of the rich silver ore bodies.  The original El Tigre mine operated from 1903 - 1938 and was one of the largest producers in Mexico of high grade silver at that time.

El Tigre Silver Corp. has already started an aggressive and comprehensive work program, that will consist of:

  • Compilation and integrated analysis of historic data
  • Re-habilitation of access roads
  • Construction of base camp
  • Re-habilitation of access to underground workings
  • Sampling and mapping of selected areas of underground workings
  • Drilling 4500 meters

El Tigre - 312 hectares made up of four licensed mining concessions.
NI43-101 - Technical Report
Location and History

The El Tigre property is located in the Sierra El Tigre, northeastern Sonora, Mexico, from the border towns of Aqua Prieta, Sonora - Douglas, Arizona, the property can be reached by driving 75 km south Mexican Highway 17 to the town of Esqueda, and then 45 km east over dirt road to the El Tigre property.
Discovered around 1900 by Lucky Tiger Combination Gold mining Company the original El Tigre Mine exploited the principal veins of the district, recorded production of about 75 million ounces of silver and possibly as much as 400,000 ounces of gold from 1904 to 1939 (Thoms, 1988). During that time, an estimated additional 5 million ounces of silver were produced from the mines north of the El Tigre in the Pilar de Teras area. The mines also produced unknown amounts of lead, copper and zinc, contained in the silver-rich sulfide concentrates.

The narrow, high-grade veins have been traced for more than three kilometers, but exploration and development has been conducted mainly in a small area of the property.

Since the initial discovery was made in 1903, there is no evidence that any modern exploration has been directed to the evaluation of the potential for exploitable gold mineralization.

Links: 
Silver Talk with David Morgan
Property Locations
Corporate Presentation
ELS:CA
Category: 
Mining

Market Snapshot

 

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