Tier One Silver is a precious metals 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 exploration and potential discovery of world-class silver and gold deposits in Peru. The Company‚Äôs exploration assets in Peru include: Emilia, Coastal Batholith, Corisur, Hurricane Silver and the flagship silver-gold project, Curibaya, which is rapidly advancing toward its first drill program. The Curibaya project is 100% owned, consists of approximately 11,000 hectares and is located approximately 48km north-northeast of the provincial capital, Tacna, accessible by road. The Company has been granted an FTA drill permit (Ficha Tecnica Ambiental) for the project.

Tier One Silver is an unlisted reporting issuer. The Company is seeking Canadian and U.S. exchange listings with a target completion early in the second quarter of 2021.

More information about the Company, including pro forma financial statements, can be found in the Sept. 3, 2020 Information Circular issued by Auryn Resources.