Tier One Silver is an exploration company that was spun out from Auryn Resources on October 9, 2020. The Company is focused on creating significant value for shareholders through the discovery of world-class silver, gold and base metal deposits in Peru. The Company’s exploration assets include: Corisur and the flagship project, Curibaya.
Company Highlights:
- -Inaugural drill program at Curibaya in 2021 included intercepts of 1.5 metres (m) of 1,129 g/t silver, 1.04 g/t Au in a larger interval of 7 m of 272 g/t Ag, 0.33 g/t Au and 1 m of 1,431 g/t Ag, 0.39 g/t Au within a broader interval of 1.5 m of 965 g/t Ag, 0.26 g/t Au.
- -2022 CSAMT survey has identified porphyry copper targets underlying the epithermal silver mineralization at Curibaya.
- -Curibaya is located approximately 42 kilometres (km) from the Toquepala mine (Southern Copper Corp.) and 57 km from the Quellaveco mine (Anglo American) in a world-class mining belt.
- -Age of the mineralization at Curibaya has been identified as Paleocene, which is equivalent to multiple major deposits in Peru, including Quellaveco, Toquepala and Cuajone (Southern Copper Corp).
- -Leadership has two prior exploration successes, Keegan Resources, now Galiano Gold, a producing gold company and Cayden Resources, which sold for C$205M to Agnico Eagle in 2014.
- -Technical team led by Christian Rios, SVP of Exploration, who was formerly the VP of Exploration at Bear Creek Mining, where he was directly involved in the discovery of the world-class Santa Ana and Corani silver-lead-zinc deposits in Peru
More information about the Company, including pro forma financial statements, can be found on sedar.com.