Tier One Silver Inc. announces that it is undertaking a non-brokered private placement for up to C$3.0 million from the sale of 6,666,667 units at a price of C$0.45 per Unit . Each Unit will consist of one common share and one common share purchase warrant exercisable at a price of C$0.75 until the date that is three years from the closing date of the Placement, targeted for May 30, 2022. The Warrants are subject to [...]
Tier One Silver Inc. is pleased to announce that it has gained additional social access at the Hurricane Silver project, located approximately 65 kilometres north of the city of Cusco. A social agreement has been signed with the Hualla community, which will allow for exploration of the Ñañohuayco, San Cipriano and Morro Culispata copper-nickel-platinum-palladium-silver prospects . The agreement is valid for two years and [...]
Tier One Silver Inc. announces that the proposed prospectus offering, announced April 12, 2022, will not be proceeding due to recent market conditions. Tier One is arranging an alternative financing and expects to make an announcement in this regard in the near future. Tier One Silver Inc. Peter Dembicki President, CEO and Director For further information on Tier One Silver Inc., please contact Natasha Frakes, Vice [...]
Tier One Silver Inc. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as sole agent and bookrunner on a "best efforts" basis for a public offering of 9,231,000 units of the Company at a price of C$0.65 per Unit for gross proceeds to the Company of C$6,000,150. Each Unit shall consist of one common share of the Company and one half of one common share purchase warrant of [...]
Tier One Silver is pleased to announce plans for the upcoming 2022 exploration and drill program at its 100% owned Curibaya project in southern Peru. The 2022 program will focus on expanding high-grade intercepts drilled in phase I, which included 1.5 metres of 1,213.7 g/t silver equivalent , 1 m of 1,480.5g/t AgEq and 3 m of 384.6 g/t AgEq encountered along discrete structural corridors. The outcome of the 2021 drilling [...]
Tier One Silver is pleased to report results from the last five drill holes of the first phase of drilling at the Curibaya project in southern Peru. Hole 16 intercepted 1.5 metres of 1,213.7 g/t silver equivalent in a larger interval of 7 m of 299.1 g/t AgEq on the Sambalay structural corridor . This drill hole targeted higher elevations of the intermediate sulphidation system than the majority of the holes drilled to [...]
Tier One Silver is pleased to report results from drill holes 7 - 11 at the Curibaya project in Peru. Hole 9 drilled 3 metres of 384.6 g/t silver equivalent in a wider interval of 5.5 m of 221.5 g/t AgEq and was the first hole to target the Tipal structural corridor. This corridor is primarily defined by an airborne magnetics gradient that has a strike length of 2.5 km. The Tipal structural corridor represents the fourth [...]
Tier One Silver is pleased to announce results from its reconnaissance channel sampling program at the Hurricane Silver project in southern Peru. The program was conducted at the Magdalena and Pampayeoc targets and focused on partially exposed silver-base metal vein corridors hosted in Ordovician siltstones of the San José Group. A total of five mineralized vein corridors were identified, with highlights including 6 [...]
Tier One Silver is pleased to report results from drill holes 4 - 6 at the Curibaya project in southern Peru . Drill hole 6 targeted the Madre structure, which has emerged as the primary target structure on the project to-date, and intersected 1 metre of 1,480.5 g/t silver equivalent within a broader interval of 3.5 m of 442.5 g/t AgEq at a drill depth of 107.5 m to 111 m . Tier One's technical team believes the result [...]
Tier One Silver is pleased to provide results from drill holes 2 and 3, both of which were drilled prior to recent targeting advancements that are based on newly identified feeder structures and channel sample results . Drill hole 3 intersected several zones of mineralization with intercepts including 4 metres of 211 g/t silver equivalent , within a broader interval of 11 m of 84.9 AgEq near surface, and 1 m of 237.1 AgEq [...]
Tier One Silver 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 . The target is located northeast of the previously defined mineralized footprint and current drill program . The extended permit would allow the Company to drill up to 200 holes from up to 20 [...]
Tier One Silver is pleased to announce that the Company has received high-grade channel sampling results from the recently identified Cambaya target at the Curibaya project in southern Peru. The results from the first 20 channel samples taken from Cambaya have defined an area 1 kilometre by 600 metres with highlights of 20 m of 293.8 g/t AgEq, 11 m of 348.2 g/t AgEq, 9 m of 438.8 g/t AgEq, 2 m of 1,852.8 g/t AgEq and 2 m [...]