News from our sponsor Tier One Silver is starting to pick up as assay lab delays subside. TOS has been reaping the rewards of its aggressive 2021 drill program. In the latest report, they struck 384.6 g/t Silver Equivalent over 3 meters and 221.5 g/t AgEq over 5.5 meters. CEO Peter Dembicki said, “We are very pleased to confirm a fourth structural corridor target carrying high-grade silver, both on surface and at depth, through our drill program. We believe the grade and scalability of the Curibaya system to-date are impressive and warrant further drilling.” He commented that there is much more to come as “[Tier One Silver] is heading into the top of the ‘second inning’.”
Co-chair Ivan Bebek observed, “This is a very pivotal result. It’s a spectacular stage. There’s 5 more holes coming…”and each batch of holes has taught us something new and better about the project.” He expresses confidence that, “We’re really close to something spectacular here, not just in silver, but there might be a porphyry” as well.
They both thanked Exploration SVP Dave Smithson and acknowledged his contributions for getting the project to its current level and wished him well, as he’s taking a well-deserved break from the industry. New Exploration SVP Christian Rios is a local with vast experience finding silver in Peru. He’s been deeply involved in the project and the transition will be seamless. Expect more positive news from the company, as they are in good financial shape, with 5 more drill holes awaiting results. (Disclosure: We own shares.)
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