Tier One Silver Applies for Drill Permit for Additional 200 Drill Holes at Curibaya Project
Tier One Silver Applies for Drill Permit for Additional 200 Drill Holes at
Curibaya Project
Vancouver, Canada – October 21, 2021 – Tier One Silver (TSXV: TSLV, OTCQB: TSLVF) (“Tier One”
or the “Company”) is pleased to announce that it has applied for an extension of its drill permit at
the Curibaya project in southern Peru to include the Cambaya target, where the best channel
sample results have been received to-date (see Oct. 14, 2021 news release ). The target is located
northeast of the previously defined mineralized footprint and current drill program (Figure 1).
The extended permit would allow the Company to drill up to 200 holes from up to 20 new drill
platforms, thereby increasing the total number of holes Tier One can drill at the Curibaya project to
240. Tier One anticipates its drill program at Cambaya to commence in Q2 2022, following the rainy
season.
A Message from Peter Dembicki, President, CEO & Director:
“The Curibaya project has advanced considerably over the past six months and increased our
confidence in the potential for a world -class silver discovery. The work we have done has resulted
in a larger footprint of high -grade silver mineralization, seen in rock samples as well as the recent
channel samples from the Cambaya target.”
“The expanded permit gives us the ability to follow-up on current targets as well as aggressively test
several new targets being identified in the Cambaya area. The permits are anticipated to be received
in Q2 of next year.”
Figure 1: Illustrates the location of the Cambaya target and feeder structures , the current drill permitted area and the
planned expansion for the drill permit to allow the Company to drill the Cambaya target area in 2022.
Michael Henrichsen (Chief Geologist), P.Geo is the QP who assumes responsibility for the technical
contents of this press release.
ON BEHALF OF THE BOARD OF DIRECTORS OF TIER ONE SILVER INC.
Peter Dembicki
President, CEO and Director
For further information on Tier One Silver Inc., please contact Natasha Frakes, Vice President of
Communications at (778) 729-0600 or [email protected].
About Tier One
Tier One Silver is an exploration company focused on creating value for shareholders and stakeholders through the
discovery of world-class silver, gold and base metal deposits in Peru. The Company’s management and technical teams
have a strong track record in raising capital, discovery and monetization of exploration success. The Company’s
exploration assets in Peru include: Hurricane Silver, Emilia, Coastal Batholith, Corisur and the flagship project, Curibaya,
which has commenced its first drill program. For more information, visit www.tieronesilver.com.
Forward Looking Information and General Cautionary Language
This news release contains forward-looking statements and forward-looking information within the meaning of Canadian
securities legislation (collectively, “forward -looking statements”) that relate to the Company’s current expectations and
views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives,
assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will
likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”,
“plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be forward -looking
statements and may involve e stimates, assumptions and uncertainties which could cause actual results or outcomes to
differ materially from those expressed in such forward -looking statements. No assurance can be given that these
expectations will prove to be correct and such forward -looking statements included in this news release should not be
unduly relied upon. These statements speak only as of the date of this news release. In particular and without limitation,
this news release contains forward-looking statements regarding the Company’s exploration plans.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.