Several major accomplishments have bolstered a Vancouver junior mining company with operations in Mexico recently, in spite of persistent and tumultuous market conditions.

El Tigre Silver Corp. currently owns 100 per cent of nine mining concessions, eight comprising 431 square kilometers located in the Sierra El Tigre, northeastern Sonora State in Mexico (The El Tigre Property). The El Tigre Property has a rich mining history, tremendous exploration potential and the opportunity of near-term production from a large tailings stockpile.

The company has accomplished an enormous amount of work including 5,000 meters of drilling with another 5,000 meters in process for 2013, collecting thousands of samples from surface and underground, and having an engineering plan for production in place from the tailings stockpile that resulted from over 30 years of historical mining.

All these milestones were achieved in less than three years from going public.

“In this market, the most important thing is funding and if it can be generated internally the company has a much better chance at success and we have that ability.We will start producing and that will fund our growth going forward,” explains Stuart Ross, president and CEO of El Tigre Silver Corp.

The El Tigre mine was operated from 1903 to 1938, and it is estimated to have produced 70 to 75 million ounces of silver and 325,000 and 350,000 ounces of gold.

Most recently, Ross and his team have mapped the entire site, and recorded the data in digital form from original mine records. They have also done a complete engineering and metallurgical analysis of the tailings and received very positive results.

Operating in a mining-friendly jurisdiction, El Tigre Silver Corp has permitting in place for the roads it has constructed to the drill pads.

“We are funded for the next year and included in that is a drill program that will provide us with enough drill data to produce an updated 43-101 with a resource. This resource will be open to the north and at depth and drilling and exploration work will be continued without dilution as the funding will be generated internally.”

El Tigre completed a $2.27-million financing for its 2013 drilling program last November.

“We have relied on private funds for the most part at least in the last 18 months,” Ross says. “There are still individual investors who are willing to invest in a strong project, one with a good team and great potential.”

The company has a loyal group of individual investors, and over 40 per cent of El Tigre is owned by Federals Silver, Pinetree Capital Ltd., directors and officers, and Sprott Asset Management Ltd.

El Tigre has attracted this investment with its ability to get early production for revenue.

As for the jurisdiction, El Tigre could not be more satisfied with operating in Mexico.

“I have been working in Mexico for five years, and I find one of the biggest misconceptions is the people in Mexico,” says Ross.

“The people in Mexico work hard and they have experience in the mining industry. The currency has been stable and the government of Mexico has exhibited a co-operative attitude with mining.”

El Tigre Silver Corp. will be at booth 902 at the VRIC 2013.