Tier One Silver Inc.

Tier One Silver is a precious metals exploration company that was spun out from Auryn Resources on October 9, 2020. The Company is focused on creating significant value for shareholders through the exploration and potential discovery of world-class silver and gold deposits in southwest Peru. The Company is actively planning to complement its existing strong property portfolio through additional precious metal acquisitions in Peru, leveraging off its in-country experienced exploration teams. Tier One Silver’s main focus currently is the 100% owned Curibaya project, which consists of approximately 11,000 hectares and is located approximately 48km north-northeast of the provincial capital, Tacna, accessible by road. The Company has been granted an FTA drill permit (Ficha Tecnica Ambiental) for the project.