HALIFAX, NS / ACCESSWIRE / May 4, 2023 / Silver Tiger Metals Inc. (TSXV:SLVR) and (OTCQX:SLVTF) ("Silver Tiger" or the "Corporation") has intersected 1,581.4 g/t total silver equivalent over 6.3 meters in the Sulphide Zone in Drill Hole ET-23-457 from 445.0 meters to 451.3 meters, consisting of 1,100.1 g/t silver, 0.15 g/t gold, 0.87% copper, 5.10% lead and 8.01% zinc within 38.7 meters grading 438.9 g/t total silver equivalent from 441.0 meters to 479.7 meters consisting of 297.5 g/t silver, 0.11 g/t gold, 0.28% copper, 1.42% lead and 2.19% zinc in the Sulphide Zone.

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

● Hole ET-23-457: 3.4 meters grading 1,948.8 g/t total silver equivalent from 445.0 meters to 448.4 meters, consisting of 1,245.7 g/t silver, 0.13 g/t gold, 1.00% copper, 6.38% lead and 13.43% zinc within 38.7 meters grading 438.9 g/t total silver equivalent from 441.0 meters to 479.7 meters consisting of 297.5 g/t silver, 0.11 g/t gold, 0.28% copper, 1.42% lead and 2.19% zinc in the Sulphide Zone.

Drill Hole ResultsTable

Notes: 1. Not true width.

2. Silver Equivalent ("EqAg") ratios are based on a silverto gold priceratio 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, "The Sulphide Zone is alive and wide to the South. We originally thought the Sulphide Zone was thinning after the initial few holes going south. We were wrong. The team saw the geometry at the northern end of the Sulphide Zone forming and projected that to the southern end and drilled to intersect down deeper and east along plan and the first two Holes 455 and 457 nailed it." Mr. Jessome continued: "With these holes we have added an additional 100 metres of down dip extent to east from Hole 428 to 457 and what we thought was a thin zone of a little over a meter went to almost 39 meters of high grade mineralization. Step out drilling now continues south."

Drill Holes Previously Released from the Sulphide Zone.