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Silver Tiger Intersects 11.75 meters Grading 667.9 g/t AgEq within 22.2 meters of 381.9 g/t AgEq in new Discovery
HALIFAX, NS / ACCESSWIRE / February 2, 2021 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLV...
About this update from Silver Tiger Metals, Inc.
[{"type":"text","content":"Silver Tiger Intersects 11.75 meters Grading 667.9 g/t AgEq within 22.2 meters of 381.9 g/t AgEq in new DiscoveryHALIFAX, NS / ACCESSWIRE / February 2, 2021 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF) (\"Silver Tiger\" or the \"Corporation\") has intersected 11.75 meters grading 667.9 grams per tonne silver equivalent within 22.2 meters grading 381.9 grams per tonne silver equivalent approximately 12 meters beyond the footwall of the Sooy Vein. Drill Hole 202 was drilled to test the down dip potential of the Sooy Vein targeting just under the lowest mine level approximately 150 meters from surface where mining ceased abruptly with the onset of the Great Depression in 1930. Drill Hole 202 passed through mine workings on the Sooy Vein as it was not targeted deep enough below the workings. The technical team opted to continue drilling beyond the footwall of the Sooy Vein and discovered a new style of wide high grade mineralization in the Flat Formation that is not the traditional quartz vein ore that had been previously mined at El Tigre. See attached El Tigre Cross Section 4900N and Plan Map of El Tigre Veins and Drill Holes.Other highlights from drill hole ET-20-202 are listed below:22.2 meters grading 381.9 g/t AgEq from 234.10 meters to 256.30 metersincluding 6.95 meters grading 787.5 g/t AgEq from 239.90 meters to 246.85 metersincluding 1.55 meters grading 1,065.8 g/t AgEq from 241.90 meters to 243.45 metersincluding 1.00 meters grading 1,741.4 g/t AgEq from 245.85 meters to 246.85 metersSee details in Drill Hole ET-20-202 Results Table below for the calculation of the silver equivalent grades. Silver Equivalent (\"EqAg\") grades are based on a silver to gold price ratio of 75:1 (Au:Ag). Copper, lead and zinc are converted using $3.66/lb copper, $0.90/lb lead, $1.26/lb zinc at 100% metal recoveries based on a silver price of $26.00/oz.\"The decision by the technical team to continue drilling 50 meters past the targeted Sooy Vein has been rewarded by the discovery of a wide zone of high grade mineralization totally unlike the quartz vein ore previously mined at El Tigre\" said Glenn Jessome, President and CEO of Silver Tiger. \"We are of the view that we have discovered what may be a significant new style of wide high grade mineralization to target with our exploration, that was in the past overlooked.\"The mineralized ...