Tier One Silver Obtains Community Agreement for Copper-Nickel Prospects at Hurricane Silver Project

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[{"type":"text","content":"Tier One Silver Obtains Community Agreement for Copper-Nickel Prospects at Hurricane Silver ProjectVANCOUVER, BC / ACCESSWIRE / May 19, 2022 / Tier One Silver Inc. (TSXV:TSLV, OTCQB:TSLVF) (\"Tier One\" or the \"Company\") is pleased to announce that it has gained additional social access at the Hurricane Silver project, located approximately 65 kilometres (km) north of the city of Cusco. A social agreement has been signed with the Hualla community, which will allow for exploration of the Ñañohuayco, San Cipriano and Morro Culispata copper-nickel-platinum-palladium-silver prospects (Figure 1). The agreement is valid for two years and allows the Company to conduct surface work as well as drilling once a drill permit has been obtained from the Peruvian Ministry of Energy and Mines. Historical work at the Ñañohuayco and San Cipriano prospects included surface sampling, ground-based geophysical surveys and initial drill tests by the previous operator from 2009 - 2010. The 10-hole 1,061 metre (m) historical drill program at Ñañohuayco included 14 m of 2.59% copper, 0.62% nickel, 311 g/t cobalt, 0.3 g/t platinum and 0.55 g/t palladium (Figures 2 - 3).A Message from Peter Dembicki, President, CEO & Director:\"Access to Ñañohuayco allows us to begin exploration at a high priority target at our Hurricane Silver project. The historical intercepts from the target demonstrate significant grade, and there has been minimal exploration, so we look forward to following up. Over the coming months we will work to further define targets at Hurricane Silver as we get ready to resume drilling at Curibaya.\"Geological and Historical Exploration Overview:Geologically, the copper-nickel-platinum-palladium magmatic sulphide mineralization observed at the Hurricane Silver project is associated with Permo-Triassic rifting and the emplacement of ultramafic intrusives within the Pisco-Albancay deflection of southern Peru. The district was initially assembled based on the results of a high-quality stream sediment survey undertaken in 2007 - 2009, when anomalous copper, nickel, platinum and palladium drainage values were identified (Figures 4 - 5).The northern region of the Hurricane Silver district, where social access has been obtained, is characterized by the Ñañohuayco, San Cipriano and Morro Culispata...

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