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VANCOUVER, BC / ACCESSWIRE / June 9, 2021 /
Tier One Silver Inc. (TSXV:TSLV) ( Tier One or the Company ) is pleased to announce that common shares of the Company will commence trading today on the TSX Venture Exchange under the symbol TSLV. The Company is also announcing that it has received its Peruvian Inicio de Actividades ( Start of Activities ) permit, which provides authorization for the Company to commence its inaugural drill program at the wholly[1] owned Curibaya silver-gold project in southern Peru. With this authorization, the Company has finalized the permitting process with the MINEM, the Peruvian mining regulator.
Tier One has signed a contract with G&G Drilling and preparations are underway for the upcoming drill program. This includes expanding the on-site camp, transporting equipment and building drill pads. Water is also being transported from a local authorized EPS water supply company to the Curibaya project. The Company anticipates drilling at Curibaya w
Tier One Silver on cusp of drilling Curibaya in Peru
Tier One Silver s Curibaya project in southern Peru. Credit: Tier One Silver.
In October, Auryn Resources was reorganized and split into three separate companies Canada focused
Fury Gold Mines (TSX: FURY NYSE-AM: FURY) and Peru-focused Sombrero Resources and Tier One Silver.
Ivan Bebek, who co-founded Auryn with Shawn Wallace in 2015, has roles at each of the new companies. He is chairman of Fury Gold Mines, president and CEO of Sombrero Resources and co-chairman of Tier One Silver.
In an interview about the soon-to-be listed Tier One Silver, Bebek says the junior explorer hopes to drill 12,000 metres this year at its 100%-owned Curibaya project in southern Peru, about 48 km from the city of Taca, near the country’s border with Chile.
Tier One Metals Inc.: Tier One Metals Identifies Large-Scale Chargeability and Magnetic Anomalies Under Extensive High-Grade Rock Samples from Surface
Permitting Process:
Tier One has submitted an application for a Ficha Tecnica Ambiental (FTA) ( Environmental Technical Report ) drill permit, which would enable the Company twenty drill pads. Approval of the FTA drill permit, as well as for all necessary community access agreements, is anticipated in January 2021. The Company is also filing for Inicio de Actividades ( Start of Activities ) permit with the goal of commencing drilling after the rainy season, near the end of Q1 of 2021.
A Message from Michael Henrichsen, Chief Geologist:
Permitting Process:
Tier One has submitted an application for a Ficha Tecnica Ambiental (FTA) ( Environmental Technical Report ) drill permit, which would enable the Company twenty drill pads. Approval of the FTA drill permit, as well as for all necessary community access agreements, is anticipated in January 2021. The Company is also filing for Inicio de Actividades ( Start of Activities ) permit with the goal of commencing drilling after the rainy season, near the end of Q1 of 2021.
A Message from Michael Henrichsen, Chief Geologist: The critical advancement of the geophysical surveys has provided the Tier One exploration team with a great deal of confidence as we advance our maiden drill program at the Curibaya project. The scale of the chargeability anomaly and the underlying magnetic anomaly demonstrate the potential to discover a significant precious metals system, in addition to a copper porphyry at depth, in this world-class metallogenic belt.