Tier One Silver CEO Peter Dembicki, joined us for a sponsor update. Recently, the company received additional high-grade channel sampling results from the Cambaya target, located at the flagship Curibaya project in Peru. These samples have defined a sizeable area, (exact size currently unknown) with grades as high as 1853 g/t of silver eq. As a result, the company applied for a 200-hole drill permit on up to 20 new drill platforms, thus greatly expanding the total number of drillable holes at Curibaya. The rainy season is fast approaching and Dembicki expects drilling to begin in Q2 of 2022, once the rains subside.
Dembicki stated that, “The Curibaya project has advanced considerably over the past six months and increased our confidence in the potential for a world-class silver discovery. The work we have done has resulted in a larger footprint of high-grade silver mineralization, seen in rock samples as well as the recent channel samples from the Cambaya target.”
Now, all Tier One Needs is for its assay lab to release their long-awaited drill results, which should help better define the scope of the discovery and make Tier One Silver even more attractive to investors. (We own shares).
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