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Tier One Silver Commences CSAMT at Curibaya to Refine Copper Porphyry Targets

Tier One Silver Inc.

Figure 1: Illustrates the geochemical zonation observed within the precious metal veins within the Curibaya project area. An analysis of vein geochemistry across the property has demonstrated concentric zonation with copper-lead-zinc zoning outward into lead +/- copper and then zinc +/- lead in the peripheral zone. This geochemical zonation is consistent with porphyry systems and the central copper-lead-zinc zone would be the primary target area at depth. In addition, the magnetic and chargeability anomalies shown on the figure could represent an intrusion or potassic alteration and sulphidation, respectively, at a depth of approximately 400 m.

Figure 2: Illustrates the conceptual geological model for mineralization at the Curibaya project. Importantly, higher elevations are interpreted to represent an increase in the vertical extent of the precious metal mineralization with a porphyry target at depth, between the Sama and Sambalay corridors, as evidenced by: geochemical zonation within the vein geochemistry, skarn mineralization observed at low elevations in the vicinity of the Madre corridor, molybdenum increasing with depth in drill holes 6 and 8, as well as the presence of magnetic anomalies at a depth of approximately 400 m.

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