Silver Tiger Metals provides update on PFS drilling program on El Tigre

Silver Tiger Metals provided an update on the last remaining holes of the Company’s Pre-Feasibility Study drilling program on its El Tigre Project in Sonora, Mexico. These new results are highlighting the near surface, consistent mineralization present. Drill hole ET-23-513 intersected the Stockwork Zone with 126.6 metres grading 0.77 g/t gold equivalent or 57.5 g/t silver equivalent from 7.4 to 134.0 metres, consisting of 0.55 g/t gold and 16.6 g/t silver INCLUDING 19.6 metres grading 1.68 g/t gold equivalent or 126.2 g/t silver equivalent from 94.0 to 113.6 metres, consisting of 1.03 g/t gold and 48.8 g/t silver. This hole highlights the confirms the strong, near-surface mineralization footprint of the Stockwork Zone and expands the Footwall Zone by 50 metres to the east over the 2023 MRE. New intersections through the Stockwork gold deposit, comprised of the Footwall, Hanging Wall and high-grade Keel Zones: Drill hole ET-23-531: 23.4 metres grading 1.30 g/t gold equivalent or 97.6 g/t silver equivalent from 121.4 to 144.8 metres, consisting of 0.29 g/t gold and 75.7 g/t silver INCLUDING 2.2 metres grading 11.75 g/t gold equivalent or 881.5 g/t silver equivalent from 140.0 to 142.2 metres consisting of 1.20 g/t gold and 791.4 g/t silver. The hole highlights the un-mined high-grade veins still present with the Stockwork Zone. Drill hole ET-23-555: 69.1 metres grading 0.73 g/t gold equivalent or 54.8 g/t silver equivalent from 79.9 to 149.0 metres, consisting of 0.57 g/t gold and 12.2 g/t silver INCLUDING 7.0 metres grading2.13 g/t gold equivalent or 160.0 g/t silver equivalent from 82.0 to 89.0 metres consisting of 2.12 g/t gold and 0.7 g/t silver. The hole confirms Hanging Wall Zone mineralization 200 metres south of Starter Pit and expands mineralization profile 25 metres to the west. Drill hole ET-23-562: 118.7 metres grading 0.51 g/t gold equivalent or 38.3 g/t silver equivalent from 55.9 to 174.6 metres, consisting of 0.46 g/t gold and 3.5 g/t silver INCLUDING 9.6 metres grading 1.18 g/t gold equivalent or 88.6 g/t silver equivalent from 165.0 to 174.6 metres consisting of 0.80 g/t gold and 28.3 g/t silver. The hole highlights the un-mined high-grade SK veins still present with the Stockwork Zone. Silver Tiger’s CEO, Glenn Jessome, stated, “As we progress to a PFS in September 2024, this release marks the last of the promising drill results from the PFS Drilling Program” Mr. Jessome further stated, “These results further de-risk the project and, coupled with the advantageous geotechnical and metallurgical results, increase the confidence and size of the El Tigre Project.”