News Bureau

August 04, 2022

Additional Drilling permitted to Tier One Silver

Tier One Silver Inc has received its environmental approval, the Declaración de Impacto Ambiental (DIA), from the Peruvian Ministry of Energy and Mines for its 100% owned Curibaya project in southern Peru. The DIA permit allows the Company to extend the drilling boundaries to include the Cambaya target area and drill up to 200 holes from up to 20 new drill platforms.

Phase I of drilling at Curibaya targeted the source of the bonanza grade silver and gold surface results and demonstrated that mineralization extends to depth. However, the best channel sample results were from the Cambaya target area, located northeast of the previously defined mineralized footprint and the phase I drill program.

The Cambaya target is at a higher elevation, where less erosion has occurred, and therefore Tier One’s technical team believes that there is a larger window for potential precious metal mineralization.

A Message from Peter Dembicki, President, CEO and Director, “Receiving the DIA permit is a key milestone for Tier One Silver as it will allow us to drill our highest priority silver and gold target on the Curibaya project, in addition to newly developed copper porphyry targets.

Our confidence in the potential of Curibaya has continued to increase as we explore the project. We look forward to our second phase of drilling, which will commence once the results from ongoing surface sampling and geophysical programs have been received.”


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