PRESS RELEASE

from Silver Tiger Metals Inc.

Silver Tiger Intersects 1,719.7 g/t AgEq Over 0.8 Meters in the Shale Zone at the Benjamin Vein Within 6.9 Meters Grading 523.8 g/t AgEq

HALIFAX, NOVA SCOTIA / ACCESSWIRE / November 15, 2022 / Silver Tiger Metals Inc. (TSXV:SLVR and OTCQX:SLVTF) ("Silver Tiger" or the "Corporation") has intersected 1,719.7 g/t total silver equivalent over 0.8 meters in the Shale Zone at the Benjamin Vein in Drill Hole ET-22-378 from 130.4 meters to 131.2 meters, consisting of 940.0 g/t silver, 0.28 g/t gold, 0.60% copper, 6.94% lead and 16.20% zinc within 6.9 meters grading 523.8 g/t total silver equivalent from 125.8 meters to 132.7 meters consisting of 212.4 g/t silver, 0.15 g/t gold, 0.12 % copper, 2.50% lead and 6.94% zinc.

Other highlights from the on-going drilling program include the following:

  • Hole ET-22-378: 1.0 meters grading 1,095.8 g/t total silver equivalent in the Benjamin Vein from 89.9 meters to 90.9 meters, consisting of 1,002.0 g/t silver, 0.25 g/t gold, 0.39% copper, 0.60% lead and 0.69% zinc within 6.5 meters grading 524.9 g/t total silver equivalent from 89.9 meters to 96.4 meters consisting of 469.4 g/t silver, 0.12 g/t gold, 0.16% copper, 0.50% lead and 0.58% zinc.

Additional drill results for the Benjamin Vein are presented in the Drill Hole Results table below along with the details for the calculation of the silver equivalent grades.

Attached is Benjamin Cross Section 6175N detailing Drill Hole ET-22-378. Also attached is a Plan Map of the Benjamin, El Tigre, Sooy and Seitz Kelly Veins and Drill Holes.

Silver Tiger's CEO, Glenn Jessome, stated, "More high-grade drill results in the Benjamin Vein over 2 kms along strike north of the Historic El Tigre Mine. Also of note are the wide high-grade intercepts in the Shale Horizon in these drill holes."

Underground Rehabilitation at Historic El Tigre Mine Update

As previously announced Silver Tiger has contracted Cominvi, a Mexican underground contract mining and development company to rehabilitate the Historic El Tigre Mine. Cominvi are progressing well in the underground rehabilitation of the Historic El Tigre Mine and have already completed over 450 meters of rehabilitation in Level 7, which was the main portal to the mine. Silver Tiger is still on schedule to reach the Sooy Vein and then begin underground drilling of this new discovery under the Northern end of the unmined portion of the Historic El Tigre Mine.

Drill Hole Results Table

Hole ID

Comment

From

To

Length(1)

Gold

Silver

Copper

Lead

Zinc

AgEq Total (2)

m

m

m

g/t

g/t

%

%

%

g/t

ET-21-290

Benjamin Vein

158.0

158.6

0.6

0.05

115.0

0.05

0.14

0.42

141.0

and

304.3

305.0

0.7

0.25

261.0

0.09

0.84

1.45

356.7

ET-22-328

Benjamin Vein Zone

43.7

67.0

23.3

0.09

63.1

0.01

0.10

0.05

74.4

including

50.8

51.7

0.9

0.50

229.0

0.04

0.65

0.08

288.2

ET-22-378

Benjamin Vein

89.9

96.4

6.5

0.12

469.4

0.16

0.50

0.58

524.9

including

89.9

90.9

1.0

0.25

1,002.0

0.39

0.60

0.69

1,095.8

Shale Zone

125.8

132.7

6.9

0.15

212.4

0.12

2.50

6.94

523.8

including

130.4

131.2

0.8

0.28

940.0

0.60

6.94

16.20

1,719.7

ET-22-382

Benjamin Vein

126.6

129.5

2.9

0.14

113.6

0.03

0.21

0.46

147.3

including

128.6

129.5

0.9

0.22

341.0

0.09

0.59

1.24

420.8

ET-22-386

Benjamin Vein Zone

116.4

132.1

15.7

0.17

62.6

0.02

0.51

0.98

122.4

including

128.8

129.8

1.0

0.43

252.0

0.07

2.63

6.07

554.5

ET-22-388

Benjamin Vein Zone

4.9

7.0

2.1

0.33

136.7

0.00

0.01

0.00

162.0

including

5.8

7.0

1.2

0.56

215.0

0.01

0.02

0.01

258.0

ET-22-390

Benjamin Vein Zone

104.8

116.3

11.5

0.06

57.0

0.04

0.20

0.33

81.2

including

115.4

116.3

0.9

0.07

254.0

0.31

0.88

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