Tier One Silver Intersects 4 Metres of 211 g/t Silver Equivalent and Enhances Drill Targeting at Curibaya

About this update from Tier One Silver, Inc.

[{"type":"text","content":"Tier One Silver Intersects 4 Metres of 211 g/t Silver Equivalent and Enhances Drill Targeting at CuribayaVANCOUVER, BC / ACCESSWIRE / November 4, 2021 / Tier One Silver (TSXV:TSLV)(OTCQB:TSLVF) (\"Tier One\" or the \"Company\") is pleased to provide results from drill holes 2 and 3, both of which were drilled prior to recent targeting advancements that are based on newly identified feeder structures and channel sample results (Figure 1). Drill hole 3 intersected several zones of mineralization with intercepts including 4 metres (m) of 211 g/t silver equivalent (AgEq), within a broader interval of 11 m of 84.9 AgEq near surface, and 1 m of 237.1 AgEq (Table 1). The precious metal mineralization was encountered approximately 50 m into the footwall of the Madre vein feeder structure from the same pad as hole 1 but drilled in the opposite direction (Figure 2).A Message from Peter Dembicki, President, CEO & Director:\"Hole 3 has strengthened our model, which confirms the Madre vein feeder is the defined corridor that potentially hosts the high-grade silver in the southern portion of Curibaya. These results, combined with the recently produced spectral analysis and previous geophysical data, are proving to be a key targeting mechanism. We have observed our best veining in subsequent holes across the Madre corridor and feeder, which is currently being drilled and has results pending.\"Table 1: Summary of Significant Results from Drill Holes 2-3Hole ID From(m)To(m)Length(m)AgEq(g/t)Ag(g/t)Au(g/t)Zn%Pb%21CUR-002 No significant results21CUR-003 43541184.968.80.210.0030.02Incl.50544211.0173.80.500.0030.03 155160545.924.00.050.2500.16Incl.1591601135.268.50.040.7560.73 4134141237.1147.00.100.9950.93 105108396.478.40.240.0050 128134632.922.60.130.0160Main intervals - AgEq (Ag,Au,Zn,Pb) at 25ppm (minimum 5m, max consecutive dilution 6m); Sub-intervals - AgEq (Ag,Au,Zn,Pb) at 75ppm (minimum 1m, max consecutive dilution 2m)Metal price used for Eq calculations: Au $1,300/oz, Ag $18/oz, Zn $1.25/lb, Pb $1/lbTargeting along the Madre feeder structure has been advanced through a recently completed field and remote sensing short wave infrared (SWIR) alteration mineral study that has clearly defined a 1.4 kilometre (km) north - south trending corridor (Figure 3). The hyperspectral study has proven to be a major advancement toward the targeting of ...

More updates from Tier One Silver, Inc.