published on 02/27/2023 at 13:00 from Silver Tiger Metals Inc. (isin : CA82831T1093)

Silver Tiger Intersects 2.8 meters of 2,668.8 g/t Silver Equivalent within 36.4 meters of 457.2 g/t Silver Equivalent in the Sulphide Zone

HALIFAX, NS / ACCESSWIRE / February 27, 2023 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF) ("Silver Tiger" or the "Corporation") has intersected 2,668.8 g/t total silver equivalent over 2.8 meters in the Sulphide Zone in Drill Hole ET-22-440 from 421.7 meters to 424.5 meters, consisting of 1,986.3 g/t silver, 0.21 g/t gold, 4.02% copper, 3.94% lead and 5.64% zinc within 36.4 meters grading 457.2 g/t total silver equivalent from 397.9 meters to 434.3 meters consisting of 314.6 g/t silver, 0.25 g/t gold, 0.58% copper, 0.90% lead and 1.40% zinc in the Sulphide Zone.

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

Hole ET-22-441: 2.0 meters grading 2,656.0 g/t total silver equivalent from 432.5 meters to 434.5 meters, consisting of 1,255.7 g/t silver, 0.20 g/t gold, 2.02% copper, 12.67% lead and 26.87% zinc within 20.0 meters grading 845.1 g/t total silver equivalent from 415.3 meters to 435.3 meters consisting of 369.0 g/t silver, 0.35 g/t gold, 0.85% copper, 4.11% lead and 8.15% zinc in the Sulphide Zone.
Hole ET-22-442: 1.2 meters grading 2,978.1 g/t total silver equivalent from 378.2 meters to 379.4 meters, consisting of 2,614.0 g/t silver, 0.24 g/t gold, 2.67% copper, 1.82% lead and 1.38% zinc within 22.1 meters grading 263.5 g/t total silver equivalent from 370.0 meters to 392.1 meters consisting of 221.7 g/t silver, 0.08 g/t gold, 0.21% copper, 0.28% lead and 0.28% zinc in the Sulphide Zone.
Hole ET-22-443: 3.3 meters grading 1,239.0 g/t total silver equivalent from 441.0 meters to 444.3 meters, consisting of 633.8 g/t silver, 0.19 g/t gold, 1.04% copper, 4.80% lead and 11.38% zinc within 37.8 meters grading 388.8 g/t total silver equivalent from 418.6 meters to 456.4 meters consisting of 171.7 g/t silver, 0.19 g/t gold, 0.39% copper, 1.85% lead and 3.67% zinc in the Sulphide Zone.

Silver Tiger's CEO, Glenn Jessome, stated, "These drill results targeted the newly discovered Sulphide Zone along strike to the North and have intercepted wide, high-grade mineralization." Mr. Jessome further stated: "The Sulphide Zone dimensions are now in excess of 200 meters along strike, approximately 75 meters across strike with apparent widths approaching 35 meters, and open in all directions."

Additional drill results for the Sulphide Zone 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 as illustrations are the Sulphide Zone Plan, Sulphide Zone-Cross Section 4940N, El Tigre - Conceptual Cross Section, El Tigre-Conceptual Long Section, and El Tigre Long Section Showing Exploration Potential.

Drill Hole ResultsTable

Hole ID	Comment	From	To	Length⁽¹⁾	Gold	Silver	Copper	Lead	Zinc	AgEq Total⁽²⁾
Hole ID	Comment	m	m	m	g/t	g/t	%	%	%	g/t
ET-22-440	Sulphide Zone	377.1	434.3	57.2	0.20	231.5	0.41	0.71	1.02	336.2
	Sulphide Zone	397.9	434.3	36.4	0.25	314.6	0.58	0.90	1.40	457.2
	including	421.7	424.5	2.8	0.21	1,986.3	4.02	3.94	5.64	2,668.8
	including	421.7	423.2	1.5	0.25	2,714.0	5.41	0.08	1.04	3,289.9
	including	422.5	423.2	0.7	0.26	3,054.0	7.28	0.09	1.37	3,822.4

ET-22-441	Sulphide Zone	415.3	435.3	20.0	0.35	369.0	0.85	4.11	8.15	845.1
	including	432.5	434.5	2.0	0.20	1,255.7	2.02	12.67	26.87	2,656.0
	including	432.5	433.8	1.3	0.21	1,484.1	2.71	14.67	29.82	3,097.9

ET-22-442	Sooy Vein	363.5	364.5	1.0	0.01	453.0	0.56	0.00	0.11	511.6
	Sulphide Zone	370.0	392.1	22.1	0.08	221.7	0.21	0.28	0.28	263.5
	including	378.2	379.4	1.2	0.24	2,614.0	2.67	1.82	1.38	2,978.1

ET-22-443	Sulphide Zone	362.8	367.5	4.7	0.11	419.8	0.45	0.26	0.42	491.4
	including	365.2	366.3	1.1	0.29	901.0	1.00	0.84	1.05	1,073.3
	Sulphide Zone	418.6	456.4	37.8	0.19	171.7	0.39	1.85	3.67	388.8
	including	441.0	444.3	3.3	0.19	633.8	1.04	4.80	11.38	1,239.0
	including	443.2	444.3	1.1	0.18	977.0	1.65	4.79	12.32	1,671.5

ET-22-444	Sulphide Zone	366.4	369.5	3.1	0.06	34.5	0.48	0.03	0.02	86.4
	including	368.8	369.5	0.7	0.07	68.0	0.94	0.04	0.01	165.4
	Sulphide Zone	408.5	411.9	3.4	0.87	1.7	0.01	0.00	0.00	68.0
	including	408.5	410.0	1.5	1.45	2.3	0.01	0.00	0.01	111.8

ET-22-439	MINING VOID (3)	154.2	161.4	7.2	*	*	*	*	*	*

Notes:

Not true width.
Silver Equivalent ("EqAg") ratios are based on a silverto gold priceratio of 75:1 (Au:Ag). Copper,lead and zinc are converted using $3.66/lb copper, $0.90/lb lead, $1.26/lb zinc at 100% metal recoveries based on a silver price of $26.00/oz.
Hole abandoned above Sulphide target due to intersection of old workings.

Sulphide Zone Plan