Friday, September 10, 2021


Tier One Silver Expands Excessive-Grade Vein Footprint at Curibaya

VANCOUVER, BC / ACCESSWIRE / September 9, 2021 /Tier One Silver (TSXV:TSLV, OTCQB:TSLVF) (“Tier One” or the “Firm”) is happy…

By Staff , in Silver , at September 9, 2021


VANCOUVER, BC / ACCESSWIRE / September 9, 2021 /Tier One Silver (TSXV:TSLV, OTCQB:TSLVF) (“Tier One” or the “Firm”) is happy to announce that the Firm has expanded the high-grade vein footprint on floor on the Curibaya mission in southern Peru. Two new zones of veining have been recognized to the northeast and east of a beforehand sampled vein system with zones measuring roughly 600 metres (m) by 550 m and 250 m by 700 m, respectively (Determine 1). Highlights from the selective rock sampling in these newly recognized zones yielded 11 samples over 1,000 g/t silver, with a peak assay of seven,220 g/t silver (Determine 2), and 23 samples over 1 g/t gold, with a peak assay of 12.3 g/t gold (Determine 3). As well as, a channel pattern from the southern margin of the northeast vein extension yielded a broad interval of 25 m of 47.6 g/t silver equal (AgEq) (Determine 1). Rock seize highlights and channel sampling outcomes are introduced under in Tables 1 & 2.

A Message from Peter Dembicki, President, CEO & Director:

“We’re very excited to see the high-grade mineralized footprint proceed to develop as we progress with the inaugural drill program at Curibaya. The dimensions, scalability and grade within the veins of the footprint are spectacular and we consider we’ve solely begun to scratch the floor of the potential on the mission.”

“Primarily based on the restricted drilling to-date, we see nice potential for an epithermal valuable metallic system and we consider there may be potential for the property to host a porphyry goal as properly.”

Significance of Newly Recognized Zones of Veining:

The newly recognized zones of veining proceed to develop the footprint of the dear metallic system on the Curibaya mission to the northeast and east. Extra channel sampling in these newly outlined areas of veining (outcomes pending) consider figuring out potential high-grade feeder buildings that might develop into future drill targets. As well as, each newly recognized zones of veining are partially characterised by alteration boundaries between decrease temperature propylitic alteration and better temperature argillic alteration. This alteration boundary has not been an exploration focus for the Firm to-date, nevertheless, with the excessive grades encountered the technical workforce is reviewing different related alteration boundaries inside the mission space, notably alongside the potential Tipal feeder construction. Lastly, the broad zone of mineralization encountered within the channel sampling of 25 m of 47.6 g/t AgEq demonstrates the potential for disseminated mineralization within the newly recognized northeast space of veining.

A Message from David Smithson, SVP of Exploration:

“Our technical understanding has elevated significantly with the outcomes from our first drill gap into the Curibaya system. We’re refining our focusing on efforts and drill plans accordingly as we goal a number of high-grade feeder buildings throughout the mission space utilizing a mixture of geology, geochemistry and geophysics. As well as, we’re happy to have noticed high-grade veins in new areas, particularly on the boundaries between propylitic and argillic alteration sorts, as we proceed to work on the mission and see additional exploration upside.”

Desk 1: Rock Seize Highlights

Pattern ID

Ag g/t

Pattern ID

Ag g/t

Pattern ID

Au g/t

Pattern ID

Au g/t

Y185846

7,220

Y181614

720

Y183328

12.30

Y183392

1.48

Y183328

6,810

Y183392

698

Y183434

11.80

Y183370

1.45

Y183463

2,190

Y185826

685

Y183329

8.01

Y183418

1.45

Y181589

2,130

Y181626

625

Y183336

7.02

Y182631

1.36

Y183329

1,575

Y181642

542

Y181628

4.93

Y181629

1.24

Y181483

1,490

Y181590

511

Y182603

2.61

Y185826

1.16

Y181628

1,300

Y181490

484

Y183419

2.45

Y183403

1.12

Y182603

1,290

Y183387

457

Y183316

2.12

Y181622

1.11

Y181722

1,280

Y182607

411

Y183462

2.10

Y183422

1.11

Y185847

1,070

Y181594

403

Y185846

1.96

Y182650

1.09

Y183376

1,020

Y181589

1.83

Y183463

1.08

Y185823

746

Y183315

1.76

Desk 2: Channel Sampling Highlights

Pattern ID

From (m)

To (m)

Size (m)

AgEq (g/t)

Ag (g/t)

Au (g/t)

21CRT-30

0

8

8

126.5

106.9

0.27

21CRT-31

17

20

3

80.3

77.2

0.04

21CRT-32

5

30

25

47.6

44.1

0.05

At least 5m of >= 25ppm AgEq (or shorter intervals with linear grade >=125ppm*m),
most consecutive dilution 6m
Metallic worth used for AgEq calculations: Au $1,300/oz, Ag $18/oz

Determine 1: Illustrates the place of the channel samples inside the 4 km by 5 km alteration system that defines the mineralized footprint on floor on the Curibaya mission.

Determine 2: Illustrates the placement of newly sampled high-grade silver-gold veins inside the Curibaya alteration system in addition to a newly recognized zone of veining to the northeast of the outlined chargeability anomaly.

Determine 3: Illustrates the placement of newly sampled high-grade silver-gold veins inside the Curibaya alteration system in addition to a newly recognized zone of veining to the northeast of the outlined chargeability anomaly.

Michael Henrichsen (Chief Geologist), P.Geo is the QP who assumes accountability for the technical contents of this press launch.

ON BEHALF OF THE BOARD OF DIRECTORS OF TIER ONE SILVER INC.

Peter Dembicki
President, CEO and Director

For additional data on Tier One Silver Inc., please contact Natasha Frakes, Vice President of Communications at (778) 729-0600 or [email protected] .

About Tier One

Tier One Silver is an exploration firm targeted on creating worth for shareholders and stakeholders by way of the invention of world-class silver, gold and base metallic deposits in Peru. The Firm’s administration and technical groups have a powerful monitor file in elevating capital, discovery and monetization of exploration success. The Firm’s exploration belongings in Peru embrace: Hurricane Silver, Emilia, Coastal Batholith, Corisur and the flagship mission, Curibaya, which has commenced its first drill program. For extra data, go to www.tieronesilver.com .

Channel Sampling

Analytical samples had been taken from every 1-metre interval of channel ground leading to roughly 2-3 kg of rock chips materials per pattern. Collected samples had been despatched to ALS Lab in Arequipa, Peru for preparation after which to Lima, Peru for evaluation. All samples are assayed utilizing 30 g nominal weight fireplace assay with atomic absorption end (Au-AA25) and multi-element 4 acid digest ICP-AES/ICP-MS technique (ME-MS61). The place MS61 outcomes had been higher or close to 10000 ppm Cu, 10000 ppm Pb or 100 ppm Ag the assay had been repeated with ore grade 4 acid digest technique (Cu, Pb, Ag-OG62). The place OG62 outcomes had been higher or close to 1500 ppm Ag the assay had been repeated with 30 g nominal weight fireplace assay with gravimetric end (Ag-GRA21). QA/QC packages for 2021 channel samples utilizing inside customary and clean samples; area and lab duplicates point out good total accuracy and precision.

Silver equal grades (AgEq) had been calculated utilizing a $1300/oz gold worth and $18/oz silver worth. AgEq = Ag (ppm) + Au (ppm) * (Ag $/troy oz/Au $/troy oz). No metallurgy recoveries had been used for the AgEq calculation.

Rock Sampling

Roughly 2-3 kg of fabric was collected for evaluation and despatched to ALS Lab in Arequipa, Peru for preparation after which to Lima, Peru for evaluation. All samples are assayed utilizing 30 g nominal weight fireplace assay with ICP end (Au-ICP21) and multi-element 4 acid digest ICP-AES/ICP-MS technique (ME-MS61). The place ICP21 outcomes had been > 3 g/t Au the assay had been repeated with 30 g nominal weight fireplace assay with gravimetric end (Au-GRA21). The place MS61 outcomes had been higher or close to 10,000 ppm Cu, 10,000 ppm Pb or 100 ppm Ag the assay had been repeated with ore grade 4 acid digest technique (Cu, Pb, Ag-OG62). The place OG62 outcomes had been higher or close to 1500 ppm Ag the assay had been repeated with 30 g nominal weight fireplace assay with gravimetric end (Ag-GRA21). The place Ag-GRA21 outcomes had been higher or close to 10,000 ppm Ag the assay had been repeated with fireplace assay with gravimetric end for focus (Ag-CON01). QA/QC packages for 2021 rock samples utilizing firm and lab duplicates, requirements and blanks point out good accuracy and precision in a big majority of requirements assayed.

Ahead Wanting Data and Common Cautionary Language

This information launch accommodates forward-looking statements and forward-looking data inside the that means of Canadian securities laws (collectively, “forward-looking statements”) that relate to the Firm’s present expectations and views of future occasions. Any statements that specific, or contain discussions as to, expectations, beliefs, plans, goals, assumptions or future occasions or efficiency (usually, however not at all times, by way of the usage of phrases or phrases similar to “will possible consequence”, “are anticipated to”, “expects”, “will proceed”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “technique”, “goal” and “outlook”) should not historic information and could also be forward-looking statements and will contain estimates, assumptions and uncertainties which might trigger precise outcomes or outcomes to vary materially from these expressed in such forward-looking statements. No assurance may be provided that these expectations will show to be right and such forward-looking statements included on this information launch shouldn’t be unduly relied upon. These statements communicate solely as of the date of this information launch. Particularly and with out limitation, this information launch accommodates forward-looking statements regarding the Firm’s exploration plans.

Neither the TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.

SOURCE: Tier One Silver Inc.

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https://www.accesswire.com/663296/Tier-One-Silver-Expands-Excessive-Grade-Vein-Footprint-at-Curibaya



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