Initial Samples From The Curibaya Project

VANCOUVER - Tier One Silver reported initial channel samples and additional rock samples from its Curibaya project in southern Peru. Channel sample highlights include 2 meters (m) of 6,278 g/t silver equivalent (AgEq), 2 m of 1,256 g/t AgEq, 6 m of 398 g/t AgEq, 12 m of 203 g/t AgEq and 17 m of 71 g/t AgEq. These results demonstrate both high-grade vein and disseminated styles of mineralization within the 4 kilometer (km) by 5 km alteration system that currently defines the mineralized system at the project. In addition, selective rock sampling from newly identified veins on surface has yielded 11 samples over 1,000 g/t silver with a peak assay of 9,910 g/t silver. Gold values from the sampled veins yielded 13 samples above 1 g/t with a peak value of 8.79 g/t.

Peter Dembicki, President, CEO & Director, said, "The Curibaya project continues to deliver high-grade results as the mineralized footprint strengthens and expands. While we wait for our first ever drill results, which are expected in the coming weeks, we are also expanding our exploration efforts through additional geophysical and surface programs throughout the entire property."