HALIFAX, NS / ACCESSWIRE / October 30, 2023 / Silver Tiger Metals Inc. (TSXV:SLVR)(OTCQX:SLVTF) ("Silver Tiger" or the "Corporation") is pleased to announce the filing of a Technical Report an updated Mineral Resource Estimate ("MRE") for its 100% owned, high-grade silver-gold El Tigre Project (the "Project" or "El Tigre") located in Sonora, Mexico. The Technical Report supports the scientific and technical disclosure in the Company's news release dated September 12, 2023, announcing the results of an updated Mineral Resource Estimate on the El Tigre Project. The Technical Report is available at www.sedarplus.ca under the Company's profile.

Highlights Include:

In addition to the exploration work completed, an Exploration Target was established as follows: 7 to 9 million tonnes at 3.0 to 3.5 g/t AuEq for 675 koz to 1 Moz AuEq;
Increase of 84% in Indicated Silver Equivalent ("AgEq") Ounces from initial September 2017 Mineral Resource, with 3% increase in AgEq grade;
Increase of 257% in Inferred AgEq Ounces from initial September 2017 Mineral Resource, with an 13% increase in AgEq grade;
Pit-constrained El Tigre Indicated Mineral Resources of 61.4 Million ounces (Moz) AgEq grading 44 g/t AgEq contained in 43.0 Million tonnes ("Mt");
Pit-constrained El Tigre Inferred Mineral Resources of 20.0 Moz AgEq grading 54 g/t AgEq contained in 11.5 Mt;
Out-of-Pit El Tigre Indicated Mineral Resources of 20.8 Moz AgEq grading 279 g/t AgEq contained in 2.3 Mt;
Out-of-Pit El Tigre Inferred Mineral Resources of 69.8 Moz AgEq grading 235 g/t AgEq contained in 9.2 Mt;
Out-of-Pit Indicated Mineral Resources, at a cut-off grade of 263 g/t AgEq (3.5 gpt AuEq), contains 12.8 Moz ounces AgEq grading 484 g/t AgEq within in 0.8 Mt;
Out-of-Pit Inferred Mineral Resources, at a cut-off grade of 263 g/t AgEq (3.5 gpt AuEq), contains 32.4 Moz ounces AgEq grading 400 g/t AgEq within in 2.5 Mt; and
The El Tigre Project Mineral Resource is amenable to both open pit and bulk underground mining methods,

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