Tier One Silver Inc. / tslv (tsx.v)

peter dembicki

Hole #5 has commenced! We are drilling right under 8 meters @ 243 g/t AgEq of channel sample and rock samples of 4,100 Ag and 13.4 g/t Au. Hunting for high grades in our identified feeder structures.

presentation
Live Virtual Investor Conference: Critical and Precious Metals Company Executives Present November 10th & 11th

https://www.tieronesilver.com/…8/t1_ir_04nov2021_web.pdf

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Tier One Silver Intersects 1,480.5 g/t Silver Equivalent over 1 Metre on the Madre Structure at Curibaya

Vancouver, Canada – November 18, 2021 – Tier One Silver (TSXV: TSLV, OTCQB: TSLVF) (“Tier One” or the “Company”) is pleased to report results from drill holes 4 – 6 at the Curibaya project in southern Peru (Figure 1). Drill hole 6 targeted the Madre structure, which has emerged as the primary target structure on the project to-date, and intersected 1 metre (m) of 1,480.5 g/t silver equivalent (AgEq) within a broader interval of 3.5 m of 442.5 g/t AgEq at a drill depth of 107.5 m to 111 m (Figure 2). Tier One’s technical team believes the result from hole 6 demonstrates the high-grade potential along the 1.4-kilometre (km) long Madre structure, as defined by mapping and remote sensing data. Currently, there are results from three drill holes along the Madre structure pending, including a first drill hole into the diatreme dome complex that the technical team believes is the potential source for precious metal mineralization across the property (Figure 1).
A Message from Peter Dembicki, President, CEO & Director:
“Hole 6 is the first plus-kilogram intercept at Curibaya on a feeder vein that may host the extensive high-grade silver on surface, which gives us the confidence that we are in the infancy of a new silver discovery. Drilling along structures that have yielded positive channel sample results is proving to be a sound strategy as the Company looks to realize the vast potential of the property indicated through high-grade silver mineralization on surface.“
Drill Holes 4 – 5:
Drill holes 4 and 5 targeted the Sama and Sambalay structures, respectively, and both drill holes encountered significant silver mineralization in multiple parallel structures. Hole 5 is the second drill hole to test the 900 m long Sambalay structural corridor and intersected 1 m of 579.6 g/t AgEq, 0.5 m of 266.8 g/t AgEq, 1 m of 88.1 g/t AgEq and 11 m of 37.8 g/t AgEq (Figure 3). Hole 4 was the first drill hole to test the Sama structure and intersected 1 m of 211.6 g/t AgEq within a broader interval of 3 m of 96.4 g/t AgEq, 1m of 137.5 g/t AgEq, 1 m of 99.6 g/t AgEq and 0.5 m of 172.8 g/t AgEq (Figure 4). A summary of the results from drill holes 4 – 6 are provided below in Table 1.
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https://www.tieronesilver.com/…ase_tieroneintersects.pdf

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