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Tier One Silver Inc. reports exploration developments for its South American mineral exploration business, led by the Curibaya epithermal silver-gold-copper project in Tacna, Peru. Company updates commonly cover diamond drilling, assay results, target generation and exploration permitting at Curibaya, including work in the Cambaya corridors through its Peruvian subsidiary Magma Minerals S.A.C.
Recurring announcements also address community access arrangements, prospective project opportunities in South America, capital-structure matters such as stock option grants, annual meeting voting results, and operating or financial updates tied to the company’s mineral exploration activities.
Tier One Silver (TSXV:TSLV)(OTCQB:TSLVF) has reported significant channel sampling results from the newly identified Cambaya target at the Curibaya project in southern Peru. Key highlights include 20 m of 293.8 g/t AgEq and other high-grade intervals. The sampling covered an area of 1 km by 600 m, suggesting potential for substantial mineralization. The company aims to advance Cambaya to the drilling stage and is awaiting further assay results from active drilling and additional sampling. The exploration continues to show promise for precious metals discovery in the region.
Tier One Silver (TSLVF) has initiated surface exploration at its Hurricane Silver project in southern Peru, covering 31,503 hectares. A two-year community agreement grants access to the Magdalena and Pampayeoc silver prospects, allowing for future drilling upon receiving necessary permits. Previous sampling produced significant results, including 1.4 meters of 1,175 g/t silver. The exploration strategy includes geological mapping and geophysical surveys to identify drill targets. CEO Peter Dembicki expresses optimism about the project's potential, comparing it to the adjoining Curibaya project.
Tier One Silver (TSLVF) has expanded high-grade vein footprints at its Curibaya project in Peru. New veining zones were identified, measuring approximately 600 m by 550 m and 250 m by 700 m. Noteworthy findings include 11 rock samples exceeding 1,000 g/t silver, with the highest at 7,220 g/t, and 23 samples over 1 g/t gold, with a peak of 12.3 g/t. A 25 m channel sample showed 47.6 g/t silver equivalent. The company anticipates further growth in its mineralized footprint as it progresses with its inaugural drill program.
Tier One Silver has announced its first drill results from the Curibaya project in Peru. The initial drill hole, 21CUR-001, encountered significant hydrothermal silica clay alteration over 70 meters, with noteworthy mineralized intercepts including 31 meters of 27.4 g/t silver equivalent (AgEq) and isolated higher grades of 125.6 g/t AgEq. Although the intended feeder structure wasn't intersected, ongoing drilling is adapted to target high-grade structures based on new surface data. The company has ample funding and plans to adjust drilling strategies for optimal results.
Tier One Silver (TSLVF) announced promising results from the Curibaya project in southern Peru, highlighting high-grade channel and rock samples. Key findings include:
- Channel samples: 2m of 6,278 g/t AgEq, 2m of 1,256 g/t AgEq, and 17m of 71 g/t AgEq.
- Selective rock samples: 11 samples exceeding 1,000 g/t silver, with a peak of 9,910 g/t.
- New veins identified indicate potential for further mineralization.
With drill results expected soon, the company is expanding exploration efforts across the property.
Tier One Silver (TSXV:TSLV)(OTCQB:TSLVF) has announced that its common shares will commence trading today on the OTCQB Venture Market in the U.S. This transition enhances accessibility for investors, as the company aims to increase its trading experience through the DTC eligibility, which allows for electronic settlement of share transfers. The CEO, Peter Dembicki, expressed enthusiasm for this development alongside anticipation for upcoming drill results from the Curibaya project in Peru.