HALIFAX, NOVA SCOTIA / ACCESSWIRE / January 12, 2023 / Silver Tiger Metals Inc. (TSXV:SLVR and OTCQX:SLVTF) ("Silver Tiger" or the "Corporation") has intersected 3,766.9 g/t total silver equivalent over 1.2 meters in the Seitz Kelly Vein in Drill Hole ET-22-349 from 236.3 meters to 237.5 meters, consisting of 3,638.7 g/t silver, 0.83 g/t gold, 0.61% copper, 0.14% lead and 0.14% zinc within 10.1 meters grading 474.2 g/t total silver equivalent from 228.3 meters to 238.4 meters consisting of 429.5 g/t silver, 0.46 g/t gold, 0.07% copper, 0.04% lead and 0.06% zinc in the Shale Horizon at the Seitz Kelly Vein.

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

● Hole ET-22-349: 0.7 meters grading 6,182.0 g/t total silver equivalent from 236.3 meters to 237.0 meters, consisting of 6,063.0 g/t silver, 0.22 g/t gold, 1.00% copper, 0.14% lead and 0.09% zinc within 10.1 meters grading 474.2 g/t total silver equivalent from 228.3 meters to 238.4 meters consisting of 429.5 g/t silver, 0.46 g/t gold, 0.07% copper, 0.04% lead and 0.06% zinc in the Shale Horizon at the Seitz Kelly Vein.

● Hole ET-22-333: 1.1 meters grading 1,633.0 g/t total silver equivalent from 249.0 meters to 250.1 meters, consisting of 778.0 g/t silver, 0.25 g/t gold, 1.69% copper, 7.10% lead and 15.24% zinc within 18.6 meters grading 145.1 g/t total silver equivalent from 232.0 meters to 250.6 meters consisting of 68.7 g/t silver, 0.25 g/t gold, 0.13% copper, 0.47% lead and 1.02% zinc in the Shale Horizon at the Seitz Kelly Vein.

● Hole ET-22-335: 0.6 meters grading 2,658.0 g/t total silver equivalent from 245.7 meters to 246.3 meters, consisting of 2,343.0 g/t silver, 0.15 g/t gold, 1.67% copper, 1.36% lead and 3.32% zinc within 4.3 meters grading 386.5 g/t total silver equivalent from 245.2 meters to 249.5 meters consisting of 331.2 g/t silver, 4.3 g/t gold, 0.24% copper, 0.20% lead and 0.50% zinc in the Shale Horizon in the Seitz Kelly Vein.

Additional drill results for the Seitz Kelly Vein and the Shale Zone are presented in the Drill Hole Results table below along with the details for the calculation of the silver equivalent grades.

Drill Hole Results Table