HALIFAX, NS / ACCESSWIRE / April 4, 2023 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF) ("Silver Tiger" or the "Corporation") has intersected 1,156.4 g/t total silver equivalent over 2.0 meters in the Sulphide Zone in Drill Hole ET-23-446 from 390.5 meters to 392.5 meters, consisting of 666.2 g/t silver, 0.17 g/t gold, 0.93% copper, 4.26% lead and 8.67% zinc within 17.9 meters grading 425.9 g/t total silver equivalent from 382.8 meters to 400.7 meters consisting of 200.7 g/t silver, 0.19 g/t gold, 0.42% copper, 2.23% lead and 3.55% zinc in the Sulphide Zone.

Highlights from the on-going drilling program include the following:

• Hole ET-23-445: 1.6 meters grading 1,269.6 g/t total silver equivalent from 467.0 meters to 468.6 meters, consisting of 441.7 g/t silver, 0.59 g/t gold, 2.14% copper, 7.58% lead and 12.0% zinc within 9.6 meters grading 364.6 g/t total silver equivalent from 465.0 meters to 474.6 meters consisting of 115.1 g/t silver, 0.24 g/t gold, 0.58% copper, 1.98% lead and 3.88% zinc in the Sulphide Zone.
• Hole ET-23-448: 1.0 meters grading 1,285.5 g/t total silver equivalent from 254.9 meters to 255.9 meters, consisting of 1,194.5 g/t silver, 0.04 g/t gold, 0.84% copper, 0.03% lead and 0.19% zinc within 4.9 meters grading 521.7 g/t total silver equivalent from 253.0 meters to 257.9 meters consisting of 484.8 g/t silver, 0.03 g/t gold, 0.33% copper, 0.01% lead and 0.08% zinc in the El Tigre Vein Zone.

Drill Hole Results Table

Notes:

1. Not true width.
2. Silver Equivalent ("EqAg") ratios are based on a silver to gold price ratio of 75:1 (Au:Ag). Copper, lead and zinc are converted using $3.66/lb copper, $0.90/lb lead, $1.26/lb zinc at 100% metal recoveries based on a silver price of $26.00/oz.

Silver Tiger's CEO, Glenn Jessome, stated, "These next drill holes through the Sulphide Zone have extended the strike length another 25 meters to the North with consistent high-grade widths similar to previous Sulphide Zone holes. Drilling on the Sulphide Zone continues to step out along strike to the North and South." Mr. Jessome further stated "The first 26 drill holes in the newly discovered Sulphide Zone indicate wide zones of high-grade mineralization varying from 10 meters up to 50 meters with grades from 300 grams per ton to over 1 kilogram per ton silver equivalent. This adds the potential for underground bulk tonnage at exceptional grades."

Drill Holes Previously Released from the Sulphide Zone.