Announcement Date: 2022-11-15
Announcement Type: Exploration Update
Announcement Code: NI43-101
Company name: Tier One Silver Inc.
Project name: Hurricane
Location: Peru
Commodities: Gold,Silver,Copper,Lead,Zinc
Highlight: Channel sampling assay results incl.@852.5 g/t silver (Ag), 1.54% copper (Cu), 0.34% lead (Pb) and 0.23% zinc (Zn)
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, Canada – November 15, 2022 – Tier One Silver Inc. (TSXV: TSLV, OTCQB: TSLVF) (“Tier One” or the “Company”) is pleased to report rock and channel sampling results from the Magdalena target area on the Hurricane project in southern Peru (Figure 1). Highlights from the program include 1 metre (m) of 852.5 g/t silver (Ag), 1.54% copper (Cu), 0.34% lead (Pb) and 0.23% zinc (Zn), 1 m of 522.5 g/t Ag, 1.15% Cu, 0.18% Pb and 0.18% Zn and 2 m of 232.5 g/t Ag, 0.37% Cu, 1.06% Pb and 1.78% Zn. These results have extended the mineralization at Magdalena by 500 m, where a total of 4 kilometres (km) of vein corridors have been recognized to date, and where numerous underground historical workings have been observed. Table 1 summarizes highlights from the channel samples taken during the program.
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