In this interview, Tier One Silver CEO Peter Dembicki, Co-Chair Ivan Bebek and SVP Exploration Christian Rios discuss the 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 (m) of 1,213.7 g/t silver equivalent (AgEq) 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 date and is located on a two kilometre (km) corridor that extends toward the Cambaya target area, where the Company has seen the best channel sample results, including 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 1,119.2 g/t AgEq and 2 m of 1,852.8 g/t AgEq.
Sign up (on the right side) for the free weekly newsletter.
Senior Vice President of Exploration Christian Rios commented: “The latest data from our drill program has given us strong indications that a high-grade epithermal vein system could be present, as well as a potential copper porphyry source nearby. We look forward to defining the size, geometry and average grade of the identified corridors through additional drilling.”
Tier One Silver (TSXV:TSLV – OTC:TSLVF) is focused on creating significant value for shareholders through the exploration and potential discovery of world-class silver, gold and copper deposits in southwest Peru. Tier One Silver’s main focus currently is the 100% owned Curibaya project, which consists of approximately 11,000 hectares and is located approximately 48 km north-northeast of the provincial capital, Tacna, accessible by road. Rock grab sampling at the Curibaya project has returned grades of up to 298,000 g/t silver and 934 g/t gold, with samples spread across a 4 x 5 km alteration system. In this interview CEO Peter Dembicki, Chairman Ivan Bebek and SVP Exploration Dave Smithson provide an update on Tier One Silver’s progress, upcoming developments and overall investment value proposition.