PRESS RELEASE

from Silver Tiger Metals Inc.

Silver Tiger Intersects 2,564.9 g/t AgEq Over 0.5 Meters Within a Broader Interval of 4.9 Meters Grading 281.3 g/t AgEq in the Sooy Vein

HALIFAX, NS / ACCESSWIRE / June 14, 2022 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF) ("Silver Tiger" or the "Corporation") has intersected 2,564.9 g/t silver equivalent over 0.5 meters in the Sooy Vein in Drill Hole ET-21-300 from 128.5 meters to 129.0 meters within a broader mineralized interval of 4.9 meters grading 281.3 g/t silver equivalent from 124.1 meters to 129.0 meters.

Highlights from the on-going drilling program include the following:

  • Hole ET-21-300: 0.5 meters grading 2,564.9 g/t silver equivalent from 128.5 meters to 129.0 meters, consisting of 2,230.0 g/t silver, 0.24 g/t gold, 2.85% copper, 0.72% lead and 0.76% zinc within 4.9
    meters grading 281.3 g/t silver equivalent from 124.1 meters to 129.0 meters, consisting of 239.1 g/t silver, 0.06 g/t gold, 0.30% copper, 0.14% lead and 0.16% zinc
  • Hole ET-21-289: 0.6 meters grading 1,285.6 g/t silver equivalent from 173.3 meters to 173.9 meters, consisting of 901.0 g/t silver, 0.12 g/t gold, 0.61% copper, 3.14% lead and 7.32% zinc

Additional results for the Sooy Vein 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 5100N detailing Drill Holes ET-21-300 and ET-21-305. Also attached is a Plan Map of the 600 meter central portion of the Sooy Vein and a Plan Map of the El Tigre Veins and Drill Holes.

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 370 meters of rehabilitation in Level 7, which was the main portal to the mine. Completed rehabilitation is currently less than 100 meters from the Sooy Vein. Cominvi is also currently completing the scaling, rock bolting and installation of mesh screen to safely secure the entrance above and around the Level 7 portal.

Silver Tiger's CEO, Glenn Jessome, stated, "Step out drill holes from surface along strike North and South on the Sooy Vein continue to deliver high grade silver intercepts." Mr. Jessome further stated, "Our initial surface drilling discovered high grade zones of quartz vein and black shale. As we rehabilitate the historic El Tigre Mine to develop underground drill stations to increase drilling precision and reduce costs with shorter holes to define these high grade zones, the rehabilitation also provides mine development for the potential future mining of these same high grade zones."

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-21-289

Sooy Vein

173.3

173.9

0.6

0.12

901.0

0.61

3.14

7.32

1,285.6

ET-21-300

Sooy Vein Zone

124.1

129.0

4.9

0.06

239.1

0.30

0.14

0.16

281.3

including

128.5

129.0

0.5

0.24

2,230.0

2.85

0.72

0.76

2,564.9

ET-21-304

234.0

235.5

1.5

1.14

0.6

0.01

0.01

0.01

86.8

ET-21-305

Sooy Vein

18.3

48.2

29.9

0.04

88.9

0.00

0.06

0.01

94.3

including

27.4

30.5

3.1

0.03

279.0

0.00

0.03

0.00

282.3

234.8

235.6

0.8

0.05

529.0

0.41

0.32

0.20

586.7

271.0

271.9

0.9

0.03

85.9

0.11

0.13

0.03

102.8

ET-21-312

4.5

7.0

2.5

0.03

32.6

0.00

0.02

0.00

35.6

153.8

154.3

0.5

0.06

40.6

0.04

0.31

0.49

72.2

ET-21-320

Sooy Vein Zone

21.5

58.6

37.1

0.03

24.5

0.00

0.02

0.01

27.8

including

27.5

29.0

1.5

0.02

122.0

0.00

0.03

0.00

124.5

ET-21-321

Sooy Vein Zone

68.3

77.3

9.0

0.10

50.1

0.02

0.04

0.05

62.1

including

68.3

69.3

1.0

0.31

248.0

0.11

0.27

0.25

296.6

and

229.3

229.8

0.5

0.02

124.0

0.12

0.35

0.03

145.9

ET-21-322

Sooy Vein Zone

6.1

33.6

27.5

0.51

10.1

0.00

0.01

0.01

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