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Silver Tiger Makes New Discovery Intersecting 7,807.7 G/T AgEq Over 0.6 Meters Within a Broader Interval of 5.1 Meters Grading 1,029.5 G/T AgEq
HALIFAX, NS / ACCESSWIRE / January 11, 2022 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLV...
About this update from Silver Tiger Metals, Inc.
[{"type":"text","content":"Silver Tiger Makes New Discovery Intersecting 7,807.7 G/T AgEq Over 0.6 Meters Within a Broader Interval of 5.1 Meters Grading 1,029.5 G/T AgEqHALIFAX, NS / ACCESSWIRE / January 11, 2022 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF) (\"Silver Tiger\" or the \"Corporation\") intersects 7,807.7 g/t AgEq over 0.6 meters within a broader interval of 5.1 meters grading 1,029.5 g/t AgEq in a new discovery of a mineralized zone in the black shale horizon between the Tiger Vein and the Seitz Kelly Vein. Post-Holiday shutdown, six drill rigs have resumed drilling at El Tigre.Drill results are detailed in the table below:Notes: 1. Not true width.Silver Equivalent (\"EqAg\") ratios are based on a silverto 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/lbzinc at 100% metal recoveries based on a silver price of$26.00/oz.Attached is Cross Section 5075N which includes Drill Hole ET-21-278 and the new discovery. A Plan Map of the SeitzKelly, Tiger and Sooy Veins with the New Discovery Zone is attached.Silver Tiger's CEO, Glenn Jessome, stated, \"The discovery of a potential new high grade silver-gold vein between the Tiger Vein and the Seitz Kelly Vein exhibiting wide high grade mineralization in the black shale further strengthens our hypothesis of the importance of this shale horizon.\" Mr. Jessome continued, \"I am very pleased that our exploration team returned to the mountain quickly after the Holiday shutdown and that six drill rigs have already resumed drilling.\"Seitz Kelly Vein and New Discovery Zone - Section 5075N (Drill Holes ET-21-278 and ET-21-271)Plan Map of the Seitz Kelly, Tiger and Sooy Veins with the New Discovery ZonePlan Map of 4.2 Kilometers of the El Tigre Veins and Drill HolesDrill Hole Location TableEl Tigre Resource EstimateAfter acquiring El Tigre, Silver Tiger drilled 12,500 meters to define the wide halo of near surface gold mineralization around the mined high-grade veins of the historic El Tigre Mine. This allowed Silver Tiger to delivera maiden resource estimate for the El TigreProperty to a depth of 150 meters containing indicated resources of 661,000 gold equivalent ounces at 0.77 g/t (21 g/t silver and 0.51 g/t gold) and inferred resources of 341,000 gold equivalent ounces at 1.59 g/t (88 g/t silver and 0.52 g/t gold). The National Instrume...