PRESS RELEASE

from Silver Tiger Metals Inc.

RETRANSMISSION: Silver Tiger Intersects 2,271.8 g/t AgEq over 1.6 meters within a Broader Interval of 8.7 meters Grading 596.4 g/t AgEq in the El Tigre Vein

HALIFAX, NS / ACCESSWIRE / September 13, 2022 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF) ("Silver Tiger" or the "Corporation") has intersected 2,271.8 g/t silver equivalent over 1.6 meters in the El Tigre Vein in Drill Hole ET-21-395 from 382.3 meters to 383.9 meters within a broader mineralized interval of 8.7 meters grading 596.4 g/t silver equivalent from 376.2 meters to 384.9 meters.

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

  • Hole ET-21-395: 2.0 meters grading 1,653.8 g/t silver equivalent from 397.7 meters to 399.7 meters, consisting of 1,270.3 g/t silver, 0.2 g/t gold, 1.66% copper, 2.85% lead and 4.26% zinc, within a broader mineralized interval of 8.1 meters grading 834. 5 g/t silver equivalent from 394.8 meters to 402.9 meters, consisting of 554.2 g/t silver, 0.17 g/t gold, 0.92% copper, 2.48% lead and 3.63% zinc at the El Tigre Vein.
  • Hole ET-21-417: 0.5 meters grading 2,473.2 g/t silver equivalent from 303.7 meters to 304.2 meters, consisting of 2,010.0 g/t silver, 0.27 g/t gold, 2.51% copper, 1.53% lead and 4.97% zinc at the El Tigre Vein.
  • Hole ET-21-427: 1.1 meters grading 3,331.9 g/t silver equivalent from 56.4 meters to 57.5 meters, consisting of 3,096.0 g/t silver, 1.79 g/t gold, 0.68% copper, 1.25% lead and 0.22% zinc at the Sooy Vein.
  • Hole ET-21-428: 0.6 meters grading 3,362.6 g/t silver equivalent from 48.8 meters to 49.4 meters, consisting of 3,097.0 g/t silver, 2.47 g/t gold, 0.32% copper, 0.97% lead and 0.81% zinc at the Sooy Vein.

Additional results for the El Tigre Vein and 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 4875N detailing drill holes ET-21-395. 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 400 meters of rehabilitation in Level 7, which was the main portal to the mine. The work is on schedule and we should reach the Sooy Vein workings by the end of September 2022.

Silver Tiger's CEO, Glenn Jessome, stated, "The wide, high-grade drill intercepts in Drill Hole 395 represent a new deep extension of the El Tigre Vein more than 200 meters below where mining ceased. Drill Hole 395 is the first time we have hit high grade mineralization at this depth and the intercept is 1,000 meters Northwest of previous deep mining on the El Tigre Vein." Mr. Jessome further stated, "These drill results confirm our decision to rehabilitate the underground workings to establish underground drill stations so this highly prospective area can be drilled on all three veins."

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-21-395

El Tigre Vein Zone

359.6

363.3

3.7

0.13

733.4

0.78

0.60

1.51

882.0

including

362.3

363.3

1.0

0.26

1,844.0

2.32

1.60

5.27

2,299.5

El Tigre Vein Zone

376.2

384.9

8.7

0.19

373.0

0.56

1.72

3.45

596.4

including

382.3

383.9

1.6

0.24

1,397.5

1.85

6.06

16.13

2,271.8

El Tigre Vein Zone

394.8

402.9

8.1

0.17

554.2

0.92

2.48

3.63

834.5

including

397.7

399.7

2.0

0.20

1,270.3

1.66

2.85

4.26

1,653.8

ET-21-417

El Tigre Vein Zone

303.1

304.2

1.1

0.14

965.4

1.20

0.74

2.38

1,188.4

including

303.7

304.2

0.5

0.27

2,010.0

2.51

1.53

4.97

2,473.2

ET-21-422

El Tigre Vein Zone

469.7

470.9

1.2

1.26

0.7

0.00

0.00

0.00

96.0

including

474.4

476.1

1.7

0.09

14.3

0.06

0.51

0.07

41.1

ET-21-427

Sooy Vein

55.5

57.5

2.0

1.04

1,768.4

0.38

0.71

0.13

1,904.6

including

56.4

57.5

1.1

1.79

3,096.0

0.68

1.25

0.22

3,331.9

El Tigre Vein Zone

398.3

405.2

6.9

0.13

85.1

0.07

0.67

1.34

162.1

including

401.9

403.0

1.1

0.33

255.0

0.23

2.59

5.06

531.0

ET-21-428

Sooy Vein

46.9

51.0

4.1

0.99

1,374.0

0.17

0.34

0.33

1,483.0

including

48.8

49.4

0.6

2.47

3,097.0

0.32

0.97

0.81

3,362.6

Sooy Footwall Vein

102.2

105.6

3.4

0.46

551.8

0.07

0.10

0.16

600.6

including

138.9

139.4

0.5

2.47

3,088.0

0.38

3.04

1.57

3,434.1

El Tigre Vein Zone

309.3

318.4

9.1

0.26

31.4

0.03

0.04

0.05

56.4

including

352.0

352.5

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