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Silver Tiger Reports El Tigre Construction Progress Ahead of Planned GDXJ Inclusion

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FAQSIR News Desk
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Silver Tiger Metals Inc. has reported continued construction activity at its El Tigre silver and gold project in Sonora, Mexico, alongside its planned inclusion in the VanEck Junior Gold Miners ETF. The company said the ETF inclusion will take effect at the close of markets on September 18, 2026, as part of the fund’s quarterly rebalance.

#Planned addition to the GDXJ ETF

Silver Tiger trades under TSX:SLVR and OTCQX:SLVTF. The company said it has been included in the VanEck Junior Gold Miners ETF, known as GDXJ, subject to the effective date set for September 18, 2026.

GDXJ tracks the MVIS Global Junior Gold Miners Index, which is designed to represent small- and mid-capitalization companies mainly involved in gold and silver mining, development, royalties or streaming. As of early September 2026, the ETF had approximately US$9.3 billion in assets under management and more than 110 holdings.

Silver Tiger President and CEO Glenn Jessome said the company believes the inclusion could raise its profile, support trading liquidity and broaden its reach among institutional and retail investors seeking exposure to gold and silver companies. Those comments are the company’s assessment of the potential effect of the ETF inclusion.

#El Tigre construction update

Silver Tiger said construction remains on schedule for commissioning and first pour in December, 2027. The company also stated that its Board of Directors has approved the construction decision for El Tigre.

Detailed engineering being carried out by Kappes, Cassiday & Associates and Kappes, Cassiday del Norte S de RL de CV under the project’s Engineering Procurement and Construction Management Contract is 65% complete. Installation of the mine operations camp has reached 50% completion.

Improvements to the 46 km road from Colonia Morelos to El Tigre are 85% complete. Earthworks covering the heap leach area, ponds, process plant platforms and crusher platforms are 30% complete.

#Workforce and equipment procurement

A 250 person Mexican engineering and construction team is on site, and Silver Tiger said 219,000-man hours have been recorded since construction began.

The company said procurement of long lead items is complete. The listed equipment includes the crusher plant, conveyer and stacking system, and the Merrill-Crowe plant and refinery.

#Project background and construction arrangements

El Tigre is described as a silver and gold heap leach project that is 100% owned by Silver Tiger and covers over 37,000 hectares. The company has appointed Kappes, Cassiday & Associates and Kappes, Cassiday del Norte S de RL de CV under an EPCM contract to assist with construction of the mine and process plant.

Silver Tiger has also hired its own mine construction executive team to work with the EPCM contractors. The company has stated that commissioning and first pour are targeted for December, 2027.

#Risks and uncertainties

Silver Tiger cautioned that statements about the El Tigre Project, future production and processing, future operating margins, and future plans and objectives are forward-looking information. The company said such information involves risks and uncertainties, and that actual results and future events could differ materially from those anticipated.

The risks identified by Silver Tiger include the continuance of the company and its subsidiaries as a going concern, general economic and market conditions, mineral prices, the accuracy of mineral resource estimates, the performance of the El Tigre Project, exploration and development risks, failure to establish estimated mineral resources or mineral reserves, commodity-price volatility, variations in recovery rates and global economic conditions.

#Key Takeaways

  • Silver Tiger said its inclusion in the VanEck Junior Gold Miners ETF will become effective at the close of markets on September 18, 2026.
  • The company reported that detailed engineering for El Tigre is 65% complete.
  • Mine camp installation is 50% complete, road improvements are 85% complete and earthworks are 30% complete.
  • A 250 person Mexican engineering and construction team is on site, with 219,000-man hours logged since construction began.
  • Silver Tiger said commissioning and first pour remain scheduled for December, 2027, while cautioning that forward-looking outcomes may differ materially from expectations.

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Frequently Asked Questions

Silver Tiger Metals Inc. (TSX:SLVR)(OTCQX:SLVTF) has announced that it has been included in the VanEck Junior Gold Miners (“GDXJ”) exchange-traded fund, effective at the close of markets on September 18, 2026 pursuant to the GDXJ quarterly rebalance. The source does not provide further details on the inclusion process or its effects.
The source describes GDXJ as a widely followed exchange-traded fund that tracks the MVIS Global Junior Gold Miners Index. The index is designed to represent small- and mid-capitalization companies primarily involved in gold and silver mining, development, royalties, or streaming. As of early September 2026, GDXJ had approximately US$9.3 billion in assets under management and more than 110 holdings.
The source reports that detailed engineering by Kappes, Cassiday & Associates (“KCA”) and Kappes, Cassiday del Norte S de RL de CV (“KCN”) under the Engineering Procurement and Construction Management Contract (“EPCM”) is proceeding on schedule, with 65% of detailed engineering complete. Installation of the mine operations camp is 50% complete, road improvements are 85% complete, and earthworks are 30% complete.
The source states that road improvements to the 46 km road built from Colonia Morelos to El Tigre are continuing. It also states that procurement of long lead items is complete, including the crusher plant, conveyer and stacking system, and the Merrill-Crowe plant and refinery.
The source states that construction is on schedule for commissioning and first pour in December, 2027, and separately says that commissioning and first pour are targeted for December, 2027. These are forward-looking statements and the source cautions that actual results and future events could differ materially from those anticipated.
The source reports that a 250 person Mexican engineering and construction team is on site and that 219,000-man hours have been logged since the start of construction. The company’s President and CEO separately stated that the engineering and construction team exceeds 250 people.
The source says that forward-looking information involves various risks and uncertainties and that there can be no assurance that it will prove accurate. Identified factors include the continuance of Silver Tiger and its subsidiaries as a going concern, general economic and market conditions, mineral prices, the accuracy of mineral resource estimates, the performance of the El Tigre Project, exploration and development risks, failure to establish estimated mineral resources or mineral reserves, volatility of commodity prices, variations of recovery rates, and global economic conditions.