Silver Tiger Intersects 3.3 meters of 1,153.6 g/t Silver Equivalent within 10.5 meters of 443.9 g/t Silver Equivalent at the Southern End of the Sulphide Zone

2023-08-15

TSX - Toronto Stock Exchange · Copper · Molybdenum · Silver · Canada

HALIFAX, NS / ACCESSWIRE / August 15, 2023 /Silver Tiger Metals Inc. (TSXV:SLV)(OTCQX:SLVTF) ("Silver Tiger" or the "Corporation") has intersected 1,153.6 g/t total silver equivalent over 3.3 metersin the Sulphide Zone in Drill Hole ET-23-462from 520.5 meters to 523.8 meters, consisting of 378.7 g/t silver, 6.17 g/t gold, 0.31% copper, 3.10% lead and 6.31% zinc within 10.5 meters grading 443.9 g/t total silver equivalentfrom 513.3 meters to 523.8 meters consisting of 1.51.5 g/t silver, 1.98 g/t gold, 0.14% copper, 1.39% lead and 2.95% zinc in the Sulphide Zone. These high-grade intercepts have tripled the known strike length of the Sulphide Zone, bringing the originally indicated 250 meters of strike extent to more than 750 meters.

Highlights from the drilling program include the following:

Hole ET-23-456: 0.8 meters grading 1,452.0 g/t total silver equivalent from 284.1 meters to 284.9 meters, consisting of 1,135.0 g/t silver, 0.48 g/t gold, 1.57% copper, 2.76% lead and 1.63% zinc within 4.7 meters grading 446.2 g/t total silver equivalentfrom 280.8 meters to 285.5 meters consisting of 344.3 g/t silver, 0.15 g/t gold, 0.44% copper, 0.65% lead and 0.99% zinc in the Sulphide Zone.

Drill Hole ResultsTable

| Hole ID | Comment | From m | To m | Length (1) m | Gold g/t | Silver g/t | Copper % | Lead % | Zinc % | AgEq Total (2) g/t | | ET-23-454 | Sooy Vein | 295.0 | 298.0 | 3.0 | 0.02 | 66.0 | 0.08 | 0.41 | 0.68 | 107.4 | | | including | 295.0 | 296.0 | 1.0 | 0.01 | 178.0 | 0.22 | 1.00 | 1.66 | 278.7 | | | Sulphide Zone | 311.9 | 322.5 | 10.7 | 0.06 | 73.8 | 0.08 | 0.48 | 0.53 | 114.6 | | | including | 311.9 | 314.7 | 2.8 | 0.06 | 174.0 | 0.20 | 1.33 | 1.56 | 281.0 | | | including | 312.4 | 314.7 | 2.3 | 0.06 | 190.9 | 0.22 | 1.39 | 1.65 | 304.3 | | | including | 313.5 | 314.7 | 1.2 | 0.06 | 157.5 | 0.19 | 0.37 | 0.49 | 204.9 | | | including | 320.5 | 322.5 | 2.0 | 0.08 | 128.1 | 0.12 | 0.33 | 0.29 | 163.0 | | | including | 322.0 | 322.5 | 0.6 | 0.12 | 344.0 | 0.31 | 0.50 | 0.59 | 414.3 | | | | | | | | | | | | | | ET-23-456 | Sulphide Zone | 280.8 | 285.5 | 4.7 | 0.15 | 344.3 | 0.44 | 0.65 | 0.99 | 446.2 | | | including | 282.5 | 284.9 | 2.4 | 0.24 | 653.1 | 0.85 | 1.26 | 1.94 | 847.4 | | | including | 284.1 | 284.9 | 0.8 | 0.48 | 1,145.0 | 1.57 | 2.76 | 1.63 | 1,452.0 | | | | | | | | | | | | | | ET-23-460 | El Tigre Vein Zone | 403.7 | 404.2 | 0.6 | 0.22 | 30.4 | 0.03 | 1.75 | 1.68 | 146.8 | | | Sulfide Zone | 616.7 | 617.3 | 0.5 | 0.26 | 1,294.0 | 0.62 | 3.76 | 6.30 | 1,670.4 | | | | | | | | | | | | | | ET-23-462 | Sulphide Zone | 385.8 | 389.2 | 3.4 | 1.57 | 592.2 | 0.08 | 0.41 | 0.68 | 107.4 | | | including | 386.5 | 387.3 | 0.8 | 2.94 | 686.0 | 0.21 | 0.43 | 5.91 | 1,132.8 | | | Sulphide Zone | 513.3 | 523.8 | 10.5 | 1.98 | 151.5 | 0.14 | 1.39 | 2.95 | 443.9 | | | including | 513.3 | 515.1 | 1.8 | 0.11 | 142.2 | 0.13 | 1.62 | 4.26 | 342.6 | | | including | 518.5 | 523.8 | 5.3 | 3.87 | 248.7 | 0.22 | 2.19 | 4.37 | 756.8 | | | including | 520.5 | 523.8 | 3.3 | 6.17 | 378.7 | 0.31 | 3.10 | 6.31 | 1,153.6 | | | including | 523.2 | 523.8 | 0.5 | 2.96 | 773.0 | 0.33 | 4.94 | 8.38 | 1,421.3 | | | including | 520.5 | 521.5 | 1.0 | 17.52 | 582.5 | 0.34 | 2.64 | 6.75 | 2,215.8 | | | including | 520.5 | 521.0 | 0.5 | 34.00 | 721.0 | 0.23 | 3.10 | 7.70 | 3,622.0 | | | | | | | | | | | | | | ET-23-473 | Sooy Vein | 323.7 | 327.7 | 4.0 | 0.11 | 785.9 | 0.68 | 0.56 | 1.34 | 916.7 | | | including | 323.7 | 326.0 | 2.3 | 0.15 | 1,298.9 | 1.12 | 0.93 | 2.07 | 1,508.7 | | | including | 323.7 | 324.3 | 0.6 | 0.10 | 3,950.0 | 3.67 | 3.23 | 7.32 | 4,630.6 | | | | | | | | | | | | | | ET-23-474 | Sooy Vein | 263.6 | 264.4 | 0.8 | 0.16 | 1,549.0 | 1.73 | 0.25 | 0.72 | 1,757.1 | | | Deep Sulphide Zone | 490.0 | 493.7 | 3.6 | 0.10 | 34.0 | 0.11 | 0.75 | 1.48 | 119.1 | | | including | 490.0 | 492.4 | 2.4 | 0.12 | 47.9 | 0.13 | 1.00 | 2.02 | 159.8 | | | including | 491.6 | 492.4 | 0.8 | 0.13 | 63.3 | 0.13 | 1.19 | 1.99 | 179.9 |

Notes: 1. Not true width.

2. Silver Equivalent ("EqAg") ratios are based on a silverto gold priceratio of 75:1 (Au:Ag). Copper,lead and zinc are converted using $3.66/lb copper, $0.90/lb lead, $1.26/lb zinc at 100% metal recoveries based on a silver price of $26.00/oz.

Silver Tiger's CEO, Glenn Jessome, stated, "With further targeted drilling, the team has extended the high-grade Ag-Au-Cu-Zn-Pb Sulphide Zone 125 meters to the North and 375 meters to the South. These new drilling results have successfully tripled the known strike length of the Sulphide Zone, bringing the originally indicated 250 meters of strike extent to more than 750 meters." Mr. Jessome further stated "This steeply dipping body with true widths ranging from 2 to 25 meters and a down-dip extent ranging from 200 to 500 meters is open at depth and laterally, leaving significant potential for growth."

Drill Holes Previously Released from the Sulphide Zone.

| 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-22-443 | Sulphide Zone | 362.8 | 367.5 | 4.7 | 0.11 | 419.8 | 0.45 | 0.26 | 0.42 | 491.4 | | | including | 365.2 | 366.3 | 1.1 | 0.29 | 901.0 | 1.00 | 0.84 | 1.05 | 1,073.3 | | | Sulphide Zone | 418.6 | 456.4 | 37.8 | 0.19 | 171.7 | 0.39 | 1.85 | 3.67 | 388.8 | | | including | 441.0 | 444.3 | 3.3 | 0.19 | 633.8 | 1.04 | 4.80 | 11.38 | 1,239.0 | | | including | 443.2 | 444.3 | 1.1 | 0.18 | 977.0 | 1.65 | 4.79 | 12.32 | 1,671.5 | | | | | | | | | | | | | | ET-22-441 | Sulphide Zone | 415.3 | 435.3 | 20.0 | 0.35 | 369.0 | 0.85 | 4.11 | 8.15 | 845.1 | | | including | 432.5 | 434.5 | 2.0 | 0.20 | 1,255.7 | 2.02 | 12.67 | 26.87 | 2,656.0 | | | including | 432.5 | 433.8 | 1.3 | 0.21 | 1,484.1 | 2.71 | 14.67 | 29.82 | 3,097.9 | | | | | | | | | | | | | | ET-22-440 | Sulphide Zone | 377.1 | 434.3 | 57.2 | 0.20 | 231.5 | 0.41 | 0.71 | 1.02 | 336.2 | | | Sulphide Zone | 397.9 | 434.3 | 36.4 | 0.25 | 314.6 | 0.58 | 0.90 | 1.40 | 457.2 | | | including | 421.7 | 424.5 | 2.8 | 0.21 | 1,986.3 | 4.02 | 3.94 | 5.64 | 2,668.8 | | | including | 421.7 | 423.2 | 1.5 | 0.25 | 2,714.0 | 5.41 | 0.08 | 1.04 | 3,289.9 | | | including | 422.5 | 423.2 | 0.7 | 0.26 | 3,054.0 | 7.28 | 0.09 | 1.37 | 3,822.4 | | | | | | | | | | | | | | ET-22-438 | HW Gold Zone | 9.2 | 52.7 | 43.5 | 0.16 | 18.7 | 0.00 | 0.01 | 0.01 | 31.3 | | | including | 29.0 | 29.6 | 0.6 | 2.26 | 566.0 | 0.02 | 0.02 | 0.02 | 739.5 | | | Sooy Vein Zone | 321.3 | 324.5 | 3.2 | 0.52 | 300.5 | 0.18 | 0.73 | 0.33 | 384.8 | | | including | 322.1 | 323.0 | 0.9 | 1.51 | 773.0 | 0.48 | 2.08 | 0.77 | 1,006.7 | | | Sulphide Zone | 393.5 | 413.0 | 19.5 | 0.27 | 408.4 | 0.53 | 0.88 | 0.83 | 527.5 | | | including | 394.8 | 398.5 | 3.7 | 0.24 | 879.4 | 0.76 | 0.86 | 1.36 | 1,035.8 | | | including | 396.0 | 396.5 | 0.5 | 0.62 | 2,796.0 | 1.75 | 1.85 | 4.16 | 3,193.1 | | | including | 403.8 | 411.8 | 8.0 | 0.51 | 564.3 | 0.90 | 1.68 | 1.31 | 771.9 | | | including | 406.3 | 407.0 | 0.7 | 1.47 | 1,148.0 | 1.40 | 1.52 | 0.71 | 1,452.3 | | | | | | | | | | | | | | ET-22-434 | HW Gold Zone | 6.5 | 15.0 | 8.5 | 0.39 | 96.7 | 0.01 | 0.08 | 0.01 | 129.8 | | | including | 10.1 | 11.6 | 1.5 | 2.04 | 336.0 | 0.02 | 0.17 | 0.04 | 496.6 | | | Sooy Vein Zone | 184.6 | 197.6 | 13.0 | 0.16 | 172.5 | 0.36 | 2.08 | 2.56 | 354.0 | | | including | 190.6 | 195.8 | 5.2 | 0.19 | 326.4 | 0.84 | 4.89 | 5.97 | 734.8 | | | including | 192.3 | 194.4 | 2.1 | 0.24 | 496.1 | 1.76 | 7.17 | 8.62 | 1,139.2 | | | Sulphide Zone | 306.7 | 313.3 | 6.6 | 0.11 | 376.8 | 0.32 | 0.14 | 0.09 | 421.9 | | | including | 311.3 | 313.3 | 2.0 | 0.20 | 1,116.5 | 0.89 | 0.20 | 0.11 | 1,225.9 | | | including | 312.3 | 313.3 | 1.0 | 0.25 | 1,859.0 | 1.44 | 0.33 | 0.19 | 2,030.4 | | | Sulphide Zone | 361.7 | 381.6 | 19.9 | 0.22 | 605.6 | 1.13 | 4.04 | 7.43 | 1,072.9 | | | including | 370.1 | 380.6 | 10.5 | 0.20 | 914.0 | 1.68 | 5.92 | 12.42 | 1,642.4 | | | including | 359.0 | 360.2 | 1.2 | 0.19 | 1,345.0 | 1.57 | 2.10 | 0.83 | 1,587.4 | | | | | | | | | | | | | | ET-22-433 | HW Gold Zone | 0.0 | 14.2 | 14.2 | 0.10 | 56.9 | 0.01 | 0.04 | 0.01 | 66.8 | | | Sooy Vein

Zone | 190.9 | 201.9 | 11.0 | 0.29 | 165.4 | 0.16 | 1.43 | 4.42 | 382.5 | | | including | 193.6 | 198.4 | 4.8 | 0.41 | 369.9 | 0.35 | 3.19 | 9.96 | 840.2 | | | including | 194.7 | 195.8 | 1.1 | 0.12 | 634.5 | 0.57 | 4.68 | 18.48 | 1,422.5 | | | Sulphide Zone | 330.5 | 374.9 | 44.4 | 0.16 | 508.2 | 0.55 | 1.76 | 3.17 | 720.5 | | | including | 332.9 | 337.9 | 5.0 | 0.17 | 1,431.8 | 1.41 | 2.47 | 6.27 | 1,846.8 | | | including | 335.5 | 336.1 | 0.6 | 0.18 | 3,225.0 | 4.19 | 5.34 | 15.59 | 4,285.5 | | | including | 364.5 | 370.5 | 6.0 | 0.20 | 1,354.4 | 1.57 | 6.10 | 10.86 | 2,025.5 | | | including | 366.8 | 367.8 | 1.0 | 0.19 | 2,371.5 | 3.07 | 10.00 | 17.81 | 3,508.8 | | | | | | | | | | | | | | ET-22-432 | HW Gold Zone | 4.6 | 14.0 | 9.4 | 0.10 | 39.0 | 0.01 | 0.02 | 0.02 | 48.5 | | | Sooy Vein Zone | 191.2 | 201.6 | 10.4 | 0.16 | 399.0 | 0.43 | 2.84 | 5.16 | 690.6 | | | including | 195.6 | 197.7 | 2.1 | 0.24 | 1,153.6 | 1.29 | 9.76 | 16.82 | 2,084.8 | | | Sulphide Zone | 348.4 | 383.2 | 34.8 | 0.13 | 257.4 | 0.47 | 1.18 | 2.02 | 407.4 | | | including | 372.4 | 380.6 | 8.2 | 0.13 | 956.6 | 1.69 | 3.58 | 7.01 | 1,446.2 | | | including | 378.5 | 380.6 | 2.1 | 0.17 | 1,663.5 | 4.32 | 6.28 | 11.50 | 2,622.5 | | | | | | | | | | | | | | | | | | | | | | | | | | ET-22-431 | 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 | | | SooyVein

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 | 1,536.1 | 1.62 | 7.71 | 13.66 | 2,341.9 | | | | | | | | | | | | | | ET-23-445 | Sulphide Zone | 397.7 | 400.8 | 3.1 | 0.24 | 129.6 | 0.16 | 0.81 | 1.97 | 246.8 | | | including | 399.1 | 399.9 | 0.8 | 0.17 | 305.0 | 0.31 | 1.69 | 4.83 | 547.5 | | | Sulphide Zone | 465.0 | 474.6 | 9.6 | 0.24 | 115.1 | 0.58 | 1.98 | 3.88 | 364.6 | | | including | 467.0 | 468.6 | 1.6 | 0.59 | 441.7 | 2.14 | 7.58 | 12.00 | 1,269.6 | | | including | 468.1 | 468.6 | 0.5 | 0.52 | 857.0 | 1.74 | 6.44 | 14.60 | 1,700.0 | | | | | | | | | | | | | | ET-23-446 | Sulphide Zone | 382.8 | 400.7 | 17.9 | 0.19 | 200.7 | 0.42 | 2.23 | 3.55 | 425.9 | | | including | 390.5 | 392.5 | 2.0 | 0.17 | 666.2 | 0.93 | 4.26 | 8.67 | 1,156.4 | | | including | 394.6 | 397.0 | 2.4 | 0.31 | 427.6 | 0.66 | 4.03 | 5.05 | 777.4 | | | including | 394.6 | 395.1 | 0.5 | 0.48 | 804.0 | 1.22 | 3.99 | 0.57 | 1,071.5 | | | | | | | | | | | | | | ET-23-447 | Sooy Vein Zone | 237.5 | 240.1 | 2.6 | 0.02 | 264.7 | 0.16 | 0.01 | 0.03 | 282.4 | | | including | 237.5 | 238.5 | 1.0 | 0.02 | 573.0 | 0.35 | 0.01 | 0.07 | 610.5 | | | El Tigre Vein Zone | 311.0 | 312.0 | 1.0 | 0.08 | 1,689.2 | 0.80 | 0.08 | 0.18 | 1,780.2 | | | including | 311.5 | 312.0 | 0.5 | 0.16 | 3,351.0 | 1.59 | 0.13 | 0.33 | 3,530.4 | | | | | | | | | | | | | | ET-23-448 | El Tigre Vein Zone | 253.0 | 257.9 | 4.9 | 0.03 | 484.8 | 0.33 | 0.01 | 0.08 | 521.7 | | | including | 254.9 | 255.9 | 1.0 | 0.04 | 1,194.5 | 0.84 | 0.03 | 0.19 | 1,285.5 | | | including | 254.9 | 255.4 | 0.5 | 0.05 | 1,560.0 | 1.14 | 0.04 | 0.27 | 1,683.6 | | | | | | | | | | | | | | ET-23-449 | Sooy Vein Zone | 305.7 | 306.6 | 0.9 | 0.01 | 345.0 | 0.18 | 0.00 | 0.12 | 367.6 | | | El Tigre Vein Zone | 451.5 | 452.1 | 0.6 | 0.05 | 18.6 | 0.03 | 0.80 | 1.53 | 95.3 | | | | | | | | | | | | | | ET-23-450 | El Tigre Vein Zone | 267.4 | 268.5 | 1.1 | 0.20 | 135.0 | 0.49 | 0.19 | 1.37 | 246.5 | | | | | | | | | | | | | | ET-23-455 | Sooy Vein | 272.0 | 273.5 | 1.5 | 0.04 | 147.0 | 0.07 | 0.01 | 0.04 | 158.4 | | | Sulphide Zone | 468.8 | 481.2 | 12.4 | 0.14 | 97.8 | 0.13 | 0.93 | 1.78 | 201.9 | | | including | 468.8 | 474.7 | 5.9 | 0.12 | 201.1 | 0.24 | 1.92 | 3.69 | 401.5 | | | including | 470.3 | 474.1 | 3.8 | 0.10 | 292.5 | 0.34 | 2.70 | 5.26 | 570.8 | | | including | 472.3 | 473.5 | 1.2 | 0.12 | 436.4 | 0.50 | 3.32 | 6.66 | 792.7 | | | | | | | | | | | | | | ET-23-457 | Sulphide Zone | 441.0 | 479.7 | 38.7 | 0.11 | 297.5 | 0.28 | 1.42 | 2.19 | 438.9 | | | including | 441.0 | 456.8 | 15.8 | 0.17 | 692.6 | 0.60 | 2.99 | 4.61 | 986.8 | | | including | 445.0 | 451.3 | 6.3 | 0.15 | 1,100.1 | 0.87 | 5.10 | 8.01 | 1,581.4 | | | including | 445.0 | 448.4 | 3.4 | 0.13 | 1,245.7 | 1.00 | 6.38 | 13.43 | 1,948.8 | | | including | 447.8 | 448.4 | 0.6 | 0.15 | 1,943.0 | 1.58 | 7.29 | 10.95 | 2,642.2 | | ET-23-463 | Open Pit Gold Zone | 83.0 | 119.0 | 36.0 | 0.95 | 1.7 | 0.00 | 0.01 | 0.01 | 73.4 | | | including | 84.1 | 90.5 | 6.4 | 2.79 | 1.9 | 0.00 | 0.01 | 0.01 | 211.8 | | | including | 89.0 | 90.5 | 1.5 | 7.18 | 4.8 | 0.01 | 0.01 | 0.01 | 544.2 | | | Sulphide Zone | 461.0 | 470.9 | 9.9 | 0.13 | 609.7 | 0.61 | 0.41 | 0.70 | 711.2 | | | including | 462.6 | 468.8 | 6.2 | 0.18 | 827.3 | 0.83 | 0.56 | 0.87 | 962.8 | | | including | 462.6 | 463.3 | 0.7 | 0.19 | 1,431.0 | 2.08 | 0.48 | 1.69 | 1,712.7 | | | including | 466.1 | 468.8 | 2.7 | 0.14 | 1,089.2 | 1.01 | 0.96 | 1.47 | 1,268.6 | | | including | 466.1 | 468.1 | 2.0 | 0.14 | 1,165.6 | 1.04 | 0.85 | 0.51 | 1,313.3 | | | El Tigre Vein Zone | 482.6 | 486.6 | 4.0 | 0.17 | 212.7 | 0.24 | 1.70 | 1.40 | 334.8 | | | including | 482.6 | 485.8 | 3.2 | 0.18 | 243.3 | 0.27 | 2.02 | 1.63 | 385.2 | | | | | | | | | | | | | | ET-23-464 | HW Gold Zone | 487.0 | 490.0 | 3.0 | 0.04 | 63.1 | 0.08 | 0.24 | 0.03 | 80.5 | | | including | 488.3 | 489.0 | 0.7 | 0.04 | 167.0 | 0.18 | 0.62 | 0.06 | 204.0 | | | HW Gold Zone | 497.0 | 509.0 | 12.0 | 0.07 | 31.1 | 0.13 | 0.48 | 0.37 | 72.4 | | | including | 497.0 | 500.0 | 3.0 | 0.08 | 69.2 | 0.09 | 0.73 | 1.16 | 139.9 | | | Sulphide Zone | 538.0 | 551.9 | 13.9 | 0.23 | 27.4 | 0.02 | 1.16 | 6.22 | 280.5 | | | including | 541.5 | 548.2 | 6.7 | 0.33 | 43.1 | 0.03 | 1.72 | 11.61 | 495.9 | | | including | 547.0 | 547.7 | 0.7 | 0.21 | 38.9 | 0.04 | 2.55 | 24.64 | 936.4 | | | and | 565.1 | 568.2 | 3.1 | 0.26 | 14.4 | 0.02 | 0.18 | 0.71 | 63.8 |

Notes: 1. Not true width.

2. Silver Equivalent ("AgEq") ratios are based on a silverto gold priceratio of 75:1 (Au:Ag). Copper,lead and zinc are converted using $3.66/lb copper, $0.90/lb lead, $1.26/lb zinc at 100% metal recoveries based on a silver price of $26.00/oz.

Attached as illustrations are the Sulphide Zone Long Section, Sulphide Zone-Cross Section 4490N, Sulphide Zone-Cross Section 5015N, El Tigre - Conceptual Cross Section, El Tigre-Conceptual Long Section, and El Tigre Long Section Showing Exploration Potential.

Sulphide Zone Long Section

Sulphide Zone-Cross Section 4490N

Sulphide Zone - Cross Section 5015N

El Tigre - Conceptual Cross Section Showing Mineralization Styles

El Tigre-Conceptual Long Section Showing Mineralization Styles

El Tigre-Long Section Showing Exploration Potential

Drill Hole Location Table

| Hole ID | Easting | Northing | Elevation (m) | Azimuth | Dip | Length (m) | | ET-23-454 | 670812 | 3385017 | 1794.3 | 91 | -72 | 452.0 | | ET-23-456 | 670810 | 3385018 | 1794.4 | 84 | -71 | 455.0 | | ET-23-460 | 670703 | 3384473 | 1945.7 | 87 | -65.5 | 644.0 | | ET-23-462 | 670888 | 3384500 | 2038.7 | 190 | -87.5 | 545.0 | | ET-23-473 | 670704 | 3384658 | 1917.4 | 90 | -66 | 581.0 | | ET-23-474 | 670737 | 3384757 | 1908.0 | 100 | -71 | 572.0 |

El Tigre Resource Estimate

After acquiring El Tigre, Silver Tiger drilled 12,500 meters to define the wide halo of near surface gold mineralization around the mined high-grade veins of the historic El Tigre Mine. This allowed Silver Tiger to deliver a maiden resource estimate for the El Tigre Property to a depth of 150 meters containing indicated resources of 661,000 gold equivalent ounces at 0.77 g/t (21 g/t silver and 0.51 g/t gold) and inferred resources of 341,000 gold equivalent ounces at 1.59 g/t (88 g/t silver and 0.52 g/t gold). The National Instrument 43-101 Technical Report titled "NI 43-101 Technical Report and Updated Mineral Resource Estimate on the El Tigre Project, Sonora, México" effective as of September 7, 2017 and dated October 26, 2017 prepared by David Burga, P.Geo., Yungang Wu, P.Geo., Fred Brown, P.Geo., Jarita Barry, P.Geo., Eugene Puritch, P.Eng., FEC, CET, Alfred Hayden, P.Eng. and Richard H. Sutcliffe, Ph.D., P.Geo. of P&E Mining Consultants Inc. is available on the Corporation's website at www.silvertigermetals.com and on www.sedar.com under the Corporation's profile.

About Silver Tiger and the El Tigre Historic Mine District

Silver Tiger Metals Inc. is a Canadian company whose management has more than 25 years' experience discovering, financing and building large hydrothermal silver projects in Mexico. Silver Tiger's 100% owned 28,414 hectare Historic El Tigre Mining District is located in Sonora, Mexico. Principled environmental, social and governance practices are core priorities at Silver Tiger.

The El Tigre historic mine district is located in Sonora, Mexico and lies at the northern end of the Sierra Madre silver and gold belt which hosts many epithermal silver and gold deposits, including Dolores, Santa Elena and Las Chispas at the northern end. In 1896, gold was first discovered on the property in the Gold Hill area and mining started with the Brown Shaft in 1903. The focus soon changed to mining high-grade silver veins in the area with production coming from 3 parallel veins the El Tigre Vein, the Seitz Kelley Vein and the Sooy Vein. Underground mining on the middle El Tigre vein extended 1,450 meters along strike and was mined on 14 levels to a depth of approximately 450 meters. The Seitz Kelley Vein was mined along strike for 1 kilometer to a depth of approximately 200 meters. The Sooy Vein was only mined along strike for 250 meters to a depth of approximately 150 meters. Mining abruptly stopped on all 3 of these veins when the price of silver collapsed to less than 20¢ per ounce with the onset of the Great Depression. By the time the mine closed in 1930, it is reported to have produced a total of 353,000 ounces of gold and 67.4 million ounces of silver from 1.87 million tons (Craig, 2012). The average grade mined during this period was over 2 kilograms silver equivalent per ton.

The El Tigre silver and gold deposit is related to a series of high-grade epithermal veins controlled by a north-south trending structure cutting across the andesitic and rhyolitic tuffs of the Sierra Madre Volcanic Complex within a broad silver and gold mineralized prophylitic alteration zone developed in the El Tigre Formation that can be up to 150 meters wide. The veins dip steeply to the west and are typically 0.5 meter wide but locally can be up to 5 meters in width. The veins, structures and mineralized zones outcrop on surface and have been traced for 5.3 kilometers along strike in our brownfield exploration area. Historical mining and exploration activities focused on a 1.6 kilometer portion of the southern end of the deposits, principally on the El Tigre, Seitz Kelly and Sooy veins. The under explored Caleigh, Benjamin, Protectora and the Fundadora exposed veins continue north for more than 3 kilometers. Silver Tiger has delivered its maiden 43-101 compliant resource estimate and is currently drilling to update its resource estimate and publish a PEA.

VRIFY Slide Deck and 3D Presentation - Silver Tiger's El Tigre Project

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Access the Silver Tiger Metals Inc. Company Profile on VRIFY at: https://vrify.com

The VRIFY Slide Deck and 3D Presentation for Silver Tiger Metals Inc. can be viewed at: https://vrify.com/explore/decks/492and on the Corporation's website at: www.silvertigermetals.com.