Shale Horizon Has Intersections At The Seitz Kelly Vein

HALIFAX - Silver Tiger Metals Inc. 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: 1) 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. 2) 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. 3) 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.

CEO, Glenn Jessome, said, "Our drilling continues to intercept wide high grade silver values in the Shale Horizon around the various quartz veins at El Tigre. These results in the Shale Horizon at the Seitz Kelly Vein are approximately 2 kilometers south of the Shale Horizon intercepts at the Benjamin Vein reported in the Company's last press release in mid-November. The Shale Horizon is the third type of mineralization identified at El Tigre, along with the high grade quartz veins and gold mineralization in the stockwork around these quartz veins at surface.

Drilling has resumed at El Tigre and Cominvi are back developing underground after the holiday break. Current drilling is focused on the high grade Sulphide Zone under the North end of the Historic El Tigre Mine that we first reported on in two press releases in the fall."