Silver Tiger Intersects 2,049 g/t AgEq over 0.5 Meters on the Protectora Vein and 1,121 g/t AgEq OVER 0.7 Meters on the Caleigh Vein at El Tigre
Silver Tiger Metals has announced significant drill results from its initial 10 holes on the Protectora and Caleigh veins, located 1.7 kilometers north of the historic El Tigre Mine. Key highlights include Hole 163 on the Protectora Vein, with 0.5 meters grading 2,049.1 g/t AgEq, and Hole 164 grading 1,592.5 g/t AgEq. The results indicate high-grade silver and gold mineralization within a gold alteration zone, potentially enhancing the Corporation's resource estimates. President Glenn Jessome expressed excitement over the near-surface high-grade silver mineralization, paralleling historic production levels.
- High-grade mineralization achieved: 2,049.1 g/t AgEq in Hole 163 and 1,592.5 g/t AgEq in Hole 164.
- Initial results indicate potential for significant gold alteration zone surrounding high-grade silver veins.
- None.
HALIFAX, NS / ACCESSWIRE / November 17, 2020 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQB:SLVTF) ("Silver Tiger" or the "Corporation") has intersected high grade silver and gold mineralization in the Protectora and Caleigh veins within the El Tigre gold alteration zone approximately 1.7 kilometers north of the historic El Tigre Mine.
Silver Tiger is pleased to provide drill results for its first 10 drill holes on the Protectora and Caleigh veins approximately 1.7 kilometers north of the historic El Tigre Mine. Highlights from the drilling include the following:
- Hole 163 on the Protectora Vein - 0.5 meters grading 2,049.1 g/t AgEq from 16.9 meters to 17.4 meters consisting of 1,782 gpt Ag and 3.56 gpt Au and a second intercept of 0.5 meters grading 1,440.6 gpt AgEq from 51.9 meters to 52.4 meters consisting of 1,374 gpt Ag and 0.89 gpt Au
- Hole 164 on the Protectora Vein - 0.5 meters grading 1,592.5 g/t AgEq from 17 meters to 17.5 meters consisting of 805 gpt Ag and 10.50 gpt Au
- Hole 158 on the Caleigh Vein - 0.7 meters grading 1,121.6 g/t AgEq from 90 meters to 90.7 meters consisting of 815 gpt Ag and 4.09 gpt Au
- Hole 156 on the Caleigh Vein - 0.3 meters grading 1,284.0 g/t AgEq from 82 meters to 82.3 meters consisting of 752 gpt Ag and 7.09 gpt Au.
All of these high grade veins are within the El Tigre Formation, a gold alteration zone which can be up to 150 meters thick. The silver equivalent ratios are based on a silver to gold price ratio of 75:1 (Ag:Au). See attached cross sections 6650 and 6675.
Glenn Jessome, President and CEO of Silver Tiger remarked "The historic El Tigre Mine just to the south of our current drilling produced over 100 million silver equivalent ounces at an average grade of over 2 kilograms per ton silver equivalent between 1908 and 1938 (Craig, 2012). Our initial results from the first 10 holes of the 2020 drilling program on the Protectora and Caleigh Veins has intersected near surface high-grade silver mineralization similar to that mined a century ago at the historic El Tigre Mine. Just as exciting for us are the first intercepts of the gold alteration zone around the high grade silver veins like the gold halo that delivered the majority of our National Instrument 43-101 resource estimate around the historic El Tigre Mine. We are drilling with 3 diamond drill rigs and will continue to test the strike extensions of the Caleigh, Protectora and Fundadora Veins. I am very pleased with the rapid progress our drilling and exploration teams have made."
Cross Sections 6650 and 6675 below show the Silver Tiger drill holes begin approximately 1.7 kilometers north of the end of the historic El Tigre Mine in approximately the middle of the vein extensions north of the mine. Cross Section 6675 is 25 meters North of Cross Section 6650.
El Tigre Cross Section 6650
El Tigre Cross Section 6675
Drill Results - Protectora Vein
Hole ID | Section | Comment | From | To | Length(1) | Au | Ag | AuEq75(2) | AgEq75(2) |
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| m | m | m | g/t | g/t | g/t | g/t |
ET-20-152 | 6650N | Protectora Vein | 137.6 | 138.2 | 0.6 | 0.78 | 90.4 | 1.99 | 149.2 |
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| FW Alteration Zone | 153.1 | 154.9 | 1.8 | 0.26 | 7.1 | 0.36 | 27.0 |
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| FW Alteration Zone | 163.1 | 167.6 | 4.5 | 0.34 | 7.5 | 0.44 | 33.1 |
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ET-20-153 | 6650N | HW Alteration Zone | 38.5 | 45.0 | 6.5 | 0.09 | 10.3 | 0.23 | 17.0 |
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| HW Alteration Zone | 137.0 | 151.3 | 14.3 | 0.45 | 33.3 | 0.89 | 67.0 |
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| Protectora Vein | 150.1 | 150.8 | 0.7 | 0.64 | 238.0 | 3.81 | 285.7 |
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| FW Alteration Zone | 165.5 | 172.5 | 7.0 | 0.37 | 10.6 | 0.51 | 38.0 |
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| FW Alteration Zone | 194.1 | 199.3 | 5.2 | 0.65 | 8.3 | 0.76 | 56.9 |
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ET-20-159 | 6610N | HW Alteration Zone | 7.0 | 38.1 | 31.1 | 0.29 | 15.6 | 0.50 | 37.4 |
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| including | 7.8 | 15.0 | 7.2 | 0.71 | 6.1 | 0.79 | 59.4 |
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| HW Alteration Zone | 50.1 | 64.6 | 14.5 | 0.28 | 9.1 | 0.40 | 30.0 |
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| Protectora Vein | 55.4 | 55.9 | 0.5 | 0.70 | 33.9 | 1.15 | 86.3 |
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| FW Alteration Zone | 99.8 | 104.3 | 4.5 | 0.36 | 0.8 | 0.37 | 27.8 |
Hole ID | Section | Comment | From | To | Length(1) | Au | Ag | AuEq75(2) | AgEq75(2) |
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| m | m | m | g/t | g/t | g/t | g/t |
ET-20-161 | 6610N | HW Alteration Zone | 7.5 | 39.1 | 31.6 | 0.16 | 10.7 | 0.31 | 23.0 |
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| FW Alteration Zone | 48.1 | 95.1 | 45.4 | 0.33 | 8.5 | 0.44 | 33.4 |
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| Protectora Vein Void5 | 56.4 | 58.0 | 1.6 | * | * | * | * |
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| FW Alteration Zone | 114.0 | 119.0 | 5.0 | 0.17 | 0.3 | 0.18 | 13.3 |
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ET-20-163 | 6675N | HW Alteration Zone2 | 8.0 | 18.4 | 8.5 | 0.42 | 165.5 | 2.63 | 197.1 |
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| Protectora Vein Void5 | 11.3 | 13.2 | 1.9 | * | * | * | * |
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| Including | 15.2 | 18.4 | 3.2 | 0.74 | 335.1 | 5.21 | 390.7 |
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| Protectora Vein | 16.9 | 17.4 | 0.5 | 3.56 | 1,782.0 | 27.32 | 2,049.1 |
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| FW Vein | 51.4 | 52.4 | 1.0 | 0.48 | 727.3 | 10.17 | 762.9 |
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| Including | 51.9 | 52.4 | 0.5 | 0.89 | 1,374.0 | 19.21 | 1,440.6 |
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