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Silver Tiger Intersects 1.6 meters Grading 1,355.4 g/t AgEq in the Sooy Vein and 2.3 meters of 870.7 g/t AgEq in the Sooy Footwall Zone in Hole ET-21-213
HALIFAX, NS / ACCESSWIRE / March 23, 2021 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF...
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[{"type":"text","content":"Silver Tiger Intersects 1.6 meters Grading 1,355.4 g/t AgEq in the Sooy Vein and 2.3 meters of 870.7 g/t AgEq in the Sooy Footwall Zone in Hole ET-21-213HALIFAX, NS / ACCESSWIRE / March 23, 2021 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF) (\"Silver Tiger\" or the \"Corporation\") \") has intersected 1.6 meters grading 1,355.4 g/t silver equivalent in the Sooy Vein and 2.3 meters of 870.7 g/t silver equivalent in the Sooy Footwall Zone in Drill Hole ET-21-213. This hole was drilled on Section 4812.2N to test the Vein and the Footwall Zone about 90 meters to the south along strike from Discovery Hole ET-20-202. Drill Hole ET-21-211 has intersected 1.3 meters grading 1,346.7 g/t silver equivalent within 4.9 meters grading 384.9 g/t silver equivalent and was collared on Section 4850N to test the Vein and Footwall Zone about 50 meters to the south along strike from Discovery Hole ET-20-202. See attached El Tigre Cross Sections 4850N and 4812.2N. Plan Map of El Tigre Veins and Drill Holes is also attached.As previously reported, Discovery Drill Hole ET-20-202 intersected 11.75 meters grading 667.9 g/t silver equivalent within 22.2 meters grading 381.9 g/t 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 (refer to Silver Tiger press release dated February 2, 2021).See details in Drill Hole ET-20-211 and 213 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.Silver Tiger's CEO, Glenn Jessome, stated, \"The new holes continue to show the high-grad...