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par Silver Tiger Metals Inc.

Silver Tiger Intersects 2,341.9 G/T AgEq Over 2.1 Meters in the El Tigre Vein Within 9.4 Meters Grading 1,013.3 G/T AgEq

HALIFAX, NS / ACCESSWIRE / October 25, 2022 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF) ("Silver Tiger" or the "Corporation") has intersected 2,341.9 g/t total silver equivalent over 2.1 meters in the El Tigre Vein in Drill Hole ET-431 from 413.5 meters to 415.6 meters, consisting of 1,536.1 g/t silver, 0.19 g/t gold, 1.62% copper, 7.71% lead and 13.66% zinc within 9.4 meters grading 1,013.3 g/t total silver equivalent from 409.1 meters to 418.5 meters consisting of 641.3 g/t silver, 0.19 g/t gold, 0.65% copper, 3.32% lead and 6.51% zinc in the El Tigre Vein under the northern unmined portion of the Historic El Tigre Mine.

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

  • Hole ET-430: 1.0 meters grading 2,948.7 g/t total silver equivalent from 272.7 meters to 273.7 meters, consisting of 2,754.0 g/t silver, 0.37 g/t gold, 1.50% copper, 0.68% lead and 0.21% zinc within 5.9 meters grading 742.1 g/t total silver equivalent from 269.1 meters to 275.0 meters consisting of 677.6 g/t silver, 0.10 g/t gold, 0.46% copper, 0.38% lead and 0.11% zinc and 0.5 meters grading 3,058.7 g/t total silver equivalent from 297.5 meters to 298.0 meters, consisting of 2,797.0 g/t silver, 0.20 g/t gold, 2.09% copper, 0.90% lead and 0.73% zinc within 1.1 meters grading 1,474.6 g/t total silver equivalent from 297.0 meters to 298.0 meters consisting of 1,346.0 g/t silver, 0.11 g/t gold, 1.02% copper, 0.45% lead and 0.35% zinc in the El Tigre Vein.
  • Hole ET-431: 2.1 meters grading 2,341.9 g/t total silver equivalent from 413.5 meters to 415.6 meters, consisting of 1,536.1 g/t silver, 0.19 g/t gold, 1.62% copper, 7.71% lead and 13.66% zinc within 9.4 meters grading 1,013.3 g/t total silver equivalent from 409.1 meters to 418.5 meters consisting of 641.3 g/t silver, 0.19 g/t gold, 0.65% copper, 3.32% lead and 6.51% zinc in the El Tigre Vein.

Additional drill results for the El Tigre Vein and the adjacent 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 4865N detailing Drill Hole ET-431. Also attached is a Plan Map of the El Tigre, Sooy and Seitz Kelly Veins and Drill Holes.

Silver Tiger's CEO, Glenn Jessome, stated, "These next three wide consistently mineralized high grade holes confirm the new discovery in the El Tigre Vein we first reported in September 2022. Drilling continues on this exploration target under the unmined portion of the Historic El Tigre Mine as we follow this wide high grade along strike to the North."

Current Drill Target - Unmined Northern El Tigre Mine Exploration Target

Silver Tiger Metals Inc., Monday, October 24, 2022, Press release picture

Silver Tiger is currently drilling this new Exploration Target underneath the northern unmined portion of the Historic El Tigre Mine

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 450 meters of rehabilitation in Level 7, which was the main portal to the mine. Silver Tiger is still on schedule to reach the Sooy Vein and then begin underground drilling of this new discovery under the Northern end of the unmined portion of the Historic El Tigre Mine.

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-429

Sooy Vein Zone

63.0

63.5

0.5

1.46

1,320.0

0.32

0.16

0.07

1,465.9

El Tigre Vein

247.8

253.2

5.4

0.06

219.6

0.18

0.24

0.17

252.9

including

249.9

251.0

1.1

0.07

707.0

0.39

0.37

0.40

771.9

El Tigre Vein

265.2

275.9

10.7

0.04

120.2

0.17

0.30

0.22

154.6

including

274.3

275.4

1.1

0.04

549.7

0.74

1.02

0.90

677.9

ET-430

HW Gold Zone

81.0

101.5

20.5

0.08

41.7

0.01

0.02

0.05

50.2

including

93.0

94.6

1.6

0.23

390.1

0.06

0.11

0.32

426.5

Sooy Vein Zone

117.5

119.1

1.6

0.28

528.1

0.12

0.14

0.27

573.5

255.0

255.5

0.5

0.14

991.0

0.49

1.29

5.57

1,264.4

El Tigre Vein

269.1

275.0

5.9

0.10

677.6

0.46

0.38

0.11

742.1

including

272.7

273.7

1.0

0.37

2,754.0

1.50

0.68

0.21

2,948.7

and

297.0

298.0

1.0

0.11

1,346.0

1.02

0.45

0.35

1,474.6

including

297.5

298.0

0.5

0.20

2,797.0

2.09

0.90

0.73

3,058.7

ET-431

HW Gold Zone

10.1

46.5

36.4

0.13

41.9

0.00

0.01

0.01

52.6

including

10.1

11.6

1.5

0.11

731.0

0.00

0.05

0.00

740.9

Sooy Vein Zone

83.9

86.7

2.8

0.59

137.4

0.03

0.19

0.24

196.5

339.5

342.6

3.1

0.06

211.5

0.08

0.02

0.03

225.2

El Tigre Vein

409.1

418.5

9.4

0.19

641.3

0.65

3.32

6.51

1,013.3

including

413.5

415.6

2.1

0.19

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