from Silver Tiger Metals Inc.
Silver Tiger Intersects 2,338.5 g/t AgEq Over 1.0 Meter Within a Broader Interval of 9.1 Meters Grading 809.7 g/t AgEq in a Step Out Hole in the Black Shale at the Benjamin Vein
HALIFAX, NS / ACCESSWIRE / May 17, 2022 / Silver Tiger Metals Inc. (TSXV:SLVR) and (OTCQX:SLVTF) ("Silver Tiger" or the "Corporation") has intersected 2,338.5 g/t AgEq over 1.0 meter within a broader interval of 9.1 meters grading 809.7 g/t AgEq in a step out hole in the black shale at the Benjamin Vein in drill hole 329.
Highlights from the drill holes include the following:
- Hole ET-21-329: 1.0 meters grading 2,338.5 g/t silver equivalent from 128.9 meters to 129.9 meters, consisting of 1,624.5 g/t silver, 0.28 g/t gold, 0.10% copper, 1.36% lead and 19.63% zinc within 9.1 meters grading 809.7 g/t silver equivalent from 124.0 meters to 133.1 meters, consisting of 429.5 g/t silver, 0.22 g/t gold, 0.22% copper, 4.82% lead and 6.89% zinc in the black shale at the Benjamin Vein.
- Hole ET-21-364: 0.8 meters 450.3 g/t silver equivalent from 127.9 meters to 128.7 meters, consisting of 111.0 g/t silver, 0.20 g/t gold, 0.03% copper, 3.54% lead and 7.18% zinc within 2.3meters grading 252.8 g/t silver equivalent from 126.4 meters to 128.7 meters, consisting of 76.1 g/t silver, 0.19g/t gold, 0.02% copper, 1.76% lead 3.59% zinc in the black shale at the Benjamin Vein.
Additional results for the Benjamin Vein and the shale zone are presented in the Drill Hole Results table below along with the details for the calculation of the silver equivalent grades.
Attached is El Tigre Cross Section 6200N showing the intersection of the Benjamin Vein and the Black Shale Unit by Drill Hole ET-21-272 and ET-21-329. A Plan Map of 4.2 kilometers of the El Tigre Veins and Drill Holes is also attached.
Silver Tiger's CEO, Glenn Jessome, stated, "Drill Hole 329 is very significant as it is one of the first near vertical drill holes to test the width of the disseminated high grade mineralization in the black shale as it extends away from the high grade quartz veins at El Tigre. We are continuing these vertical holes in the black shale around other major quartz veins at El Tigre to test this new previously unexplored wide high grade mineralization in the black shale horizon."
Underground Rehabilitation at Historic El Tigre Mine Update
As previously announced Silver Tiger has contracted Cominvi, a Mexican underground contract mining and development company to rehabilitate the Historic El Tigre Mine. Cominvi are progressing well in the underground rehabilitation of the Historic El Tigre Mine and have already completed over 350 meters of rehabilitation in Level 7, which was the main portal to the mine. Completed rehabilitation is currently approximately 100 meters from the Sooy Vein.
Glenn Jessome further stated, "We are extremely pleased with Cominvi's underground rehabilitation of the old mine. Cominvi's expertise, professionalism and safety profile continues to be exceptional. The first 350 meters of rehabilitation has gone smoothly. We expect to reach the Sooy Vein workings in another 100 meters, which is approximately 470 meters from the Level 7 portal."
Drill Hole Results Table
Hole ID | Comment | From | To | Length(1) | Gold | Silver | Copper | Lead | Zinc | AgEq Total (2) |
m | m | m | g/t | g/t | % | % | % | g/t | ||
| ET-21-237 | 80.4 | 82.9 | 2.5 | 0.03 | 117.2 | 0.05 | 0.20 | 0.03 | 129.4 | |
81.3 | 81.8 | 0.5 | 0.03 | 356.0 | 0.14 | 0.18 | 0.03 | 376.4 | ||
Benjamin Vein | 132.2 | 137.0 | 4.8 | 0.08 | 45.2 | 0.03 | 0.16 | 0.51 | 74.6 | |
including | 134.6 | 135.1 | 0.5 | 0.11 | 250.0 | 0.11 | 0.39 | 1.54 | 329.1 | |
| ET-21-269 | Benjamin Vein | 107.9 | 115.8 | 7.9 | 0.11 | 74.3 | 0.02 | 0.30 | 0.58 | 110.8 |
including | 107.9 | 108.9 | 1.0 | 0.13 | 429.5 | 0.11 | 1.63 | 3.10 | 591.7 | |
including | 108.4 | 108.9 | 0.5 | 0.19 | 704.0 | 0.17 | 2.68 | 5.08 | 966.0 | |
ET-21-281 | Shale Zone | 124.1 | 130.1 | 6.0 | 0.15 | 24.0 | 0.01 | 0.05 | 0.08 | 40.5 |
141.4 | 142.8 | 1.4 | 0.63 | 4.0 | 0.00 | 0.12 | 0.64 | 75.8 | ||
ET-21-286 | Benjamin Vein | 92.4 | 96.0 | 3.7 | 0.14 | 11.6 | 0.01 | 0.08 | 0.35 | 36.1 |
including | 94.6 | 95.3 | 0.7 | 0.09 | 36.9 | 0.02 | 0.13 | 0.39 | 61.5 | |
and | 130.0 | 131.2 | 1.2 | 0.06 | 16.6 | 0.00 | 0.51 | 3.84 | 160.6 | |
| ET-21-302 | Shale Zone | 118.3 | 125.0 | 6.7 | 0.09 | 19.2 | 0.04 | 0.07 | 0.14 | 36.4 |
including | 122.4 | 124.2 | 1.8 | 0.10 | 26.0 | 0.08 | 0.19 | 0.33 | 56.9 | |
| ET-21-318 | Benjamin Vein | 149.8 | 152.1 | 2.3 | 0.17 | 138.0 | 0.04 | 0.91 | 0.75 | 201.5 |
including | 151.6 | 152.1 | 0.5 | 0.19 | 507.0 | 0.14 | 2.00 |
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