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par 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 IDCommentFromToLength(1)GoldSilverCopperLeadZincAgEq Total(2)

m

m

m

g/t

g/t

%

%

%

g/t

ET-22-440Sulphide
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-22-441Sulphide
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-22-442Sooy 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-22-443Sulphide
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-22-444Sulphide
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-22-439MINING
VOID (3)

154.2

161.4

7.2

*

*

*

*

*

*

Notes:

  1. Not true width.
  2. 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.
  3. Hole abandoned above Sulphide target due to intersection of old workings.

Sulphide Zone Plan

Silver Tiger Metals Inc., Monday, February 27, 2023, Press release picture

Sulphide Zone-Cross Section 4940N

Silver Tiger Metals Inc., Monday, February 27, 2023, Press release picture

El Tigre - Conceptual Cross Section Showing Mineralization Styles

Silver Tiger Metals Inc., Monday, February 27, 2023, Press release picture

El Tigre-Conceptual Long Section Showing Mineralization Styles

Silver Tiger Metals Inc., Monday, February 27, 2023, Press release picture

El Tigre-Long Section Showing Exploration Potential

Silver Tiger Metals Inc., Monday, February 27, 2023, Press release picture

Drill Hole LocationTable

Hole ID

Easting

Northing

Elevation (m)

Azimuth

Dip

Length (m)

ET-22-439

670703

3384921

1843.4

90

-59

201.3

ET-22-440

670741

3384942

1851.6

94

-68

555.1

ET-22-441

670741

3384942

1851.6

95

-64

523.1

ET-22-442

670741

3384942

1851.6

100

-64

564.3

ET-22-443

670741

3384943

1851.4

90

-62

555.1

ET-22-444

670741

3384943

1851.5

90

-68

561.5


Drill Holes Previously Released from the Sulphide Zone on January 25, 2023.

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-22-432HW Gold Zone

4.6

14.0

9.4

0.10

39.0

0.01

0.02

0.02

48.5

Sooy Vein Zone

191.2

201.6

10.4

0.16

399.0

0.43

2.84

5.16

690.6

including

195.6

197.7

2.1

0.24

1,153.6

1.29

9.76

16.82

2,084.8

Sulphide Zone

348.4

383.2

34.8

0.13

257.4

0.47

1.18

2.02

407.4

including

372.4

380.6

8.2

0.13

956.6

1.69

3.58

7.01

1,446.2

including

378.5

380.6

2.1

0.17

1,663.5

4.32

6.28

11.50

2,622.5

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