Tier One Silver Hits 448 g/t Silver, 0.37 g/t Gold at Curibaya Project
Tier One Silver reports high-grade silver and gold intercepts from Phase 2 drilling at its Curibaya project in Peru, including 1 metre of 448.2 g/t silver and 0.37 g/t gold, boosting the project's resource potential.
Tier One Silver has released the final batch of assay results from its Phase 2 diamond drilling program at the Curibaya epithermal silver-gold-copper project in Tacna, Peru. The company reported high-grade intercepts, including 1.0 metre of 448.2 g/t silver and 0.37 g/t gold within a broader 4.0-metre interval grading 136.2 g/t silver and 0.15 g/t gold in hole 26CUR-023. All four holes drilled in the Cambaya I corridor returned significant silver and gold mineralization.
For precious metals traders, these results underscore the ongoing exploration success in the Andean region, a key source of global silver supply. While the intercepts are early-stage and not yet part of a resource estimate, they highlight the potential for new high-grade discoveries that could influence long-term supply dynamics. Traders can monitor silver and gold price movements on NowPrice's live commodities dashboard to track market reactions to such exploration news.
Investors will now watch for Tier One's next steps, including potential expansion of the drill program or initial resource calculations. The company has completed eight holes in Phase 2, and further drilling may target extensions of the Cambaya I corridor. The next catalyst could be a maiden resource estimate or additional step-out drilling results.