Tier One Silver Ramps Up Exploration of High-Grade Silver and Copper Projects in Peru

• Tier One Silver is an exploration company focused on silver, copper, and gold projects in Peru.
• The company has two main projects - Curibaya, which is its flagship, and Hurricane Silver.
• Curibaya has shown high-grade silver intercepts and indications of a large copper porphyry system. They plan to drill test it further.
• Hurricane Silver was acquired for its silver potential but has also shown high copper and nickel grades which could indicate a large system.
• The company has an experienced management team with multiple past discoveries and success with previous companies.

Tier One Silver Inc. (TSXV: TSLV, OTCQB: TSLVF) is rapidly advancing two exceptional precious and base metals projects in Peru. Initial results reveal significant high-grade mineralization and clear potential for large-scale discoveries. With over $11 million in the treasury, major exploration underway in 2023 and an accomplished leadership team at the helm, Tier One Silver represents a compelling leveraged play on new discoveries and rising silver and copper prices.

Led by renowned mining entrepreneurs Ivan Bebek and Shawn Wallace, Tier One is aggressively exploring its flagship Curibaya project and newly acquired Hurricane Silver property. Curibaya is located in southern Peru within a world-class porphyry copper belt but remains vastly underexplored. Initial sampling returned bonanza grades up to 1.2 kilograms per tonne silver and 2.5 g/t gold over 70 surface rock samples.

Tier One's first-ever drilling at Curibaya delivered multiple high-grade silver intercepts, including 1,400 g/t silver over 1.5 meters. While encouraging, experts believe the best mineralization likely sits 500 meters higher in the Cambaya zone. Importantly, Curibaya also shows clear indications of a major copper porphyry system underlying the high-grade silver.

At Hurricane Silver, recent sampling has revealed significant copper and nickel mineralization in addition to widespread silver. Results include 48 meters of 3.5% copper and up to 0.62% nickel, indicating potential for a huge copper-nickel deposit. As President & CEO Peter Dembicki notes, "This is a project that you would currently find in Brazil or Russia – these things can span for kilometers at a time."

With approximately $11 million in cash, Tier One Silver is fully funded to aggressively explore both projects in 2023. The company plans to expand high-grade silver mineralization and test for a major copper porphyry system at Curibaya. Meanwhile, further sampling and geophysics will refine targets to be drill tested at Hurricane Silver.

As results unfold, Tier One Silver offers exceptional leverage to new discoveries and rising silver and copper prices. The current share price around $0.15 leaves a significant upside as the projects advance. Investors can take confidence in the impressive track record of discovery success and shareholder returns delivered by CEO Dembicki and his experienced technical team.

With two outstanding assets and major discovery potential, Tier One Silver is poised to rapidly emerge as Peru's next great metals exploration story. As Dembicki notes, "We know the power that silver brings – that torque nature where every time gold goes on a large run, we know that silver outperforms in a large fashion." He also states, "This is a project that you would currently find in Brazil or Russia – these things can span for kilometers at a time."

The Investment Thesis for Tier One Silver

• High-grade silver, copper, and nickel discoveries indicate large mineralized systems
• Experienced management team with a track record of success and discovery
• Leverage to rising silver and copper prices
• Well-funded for significant exploration and drilling in 2023
• Major discovery and new district potential in proven but underexplored jurisdiction
• Opportunity to get in early on potentially exciting new projects