Tier One Silver
Tier One Silver focuses on discovering world-class silver, gold, and base metal deposits in Peru, with primary efforts on the Curibaya project. The company has raised significant funds through equity financing to support its exploration activities.
Services
Tier One Silver is engaged in the discovery and exploration of world-class silver, gold, and base metal deposits primarily located in Peru. The company focuses on identifying high-grade mineralization opportunities and executing comprehensive exploration programs to advance their projects.
Primary Projects
Tier One Silver's primary focus is the Curibaya project in Peru. This project targets high-grade silver, gold, and base metal mineralization. Additionally, the company is exploring the Hurricane project, which is also situated in Peru and involves silver-copper targets. Both projects aim to uncover substantial mineral deposits.
Equity Financing
As of May 1, 2024, Tier One Silver successfully raised $1.48 million in an oversubscribed equity financing round. Prior to this, the company closed a $750,000 first tranche of equity financing on April 24, 2024. Additionally, plans to raise C$1.0 million through equity financing were announced on April 9, 2024. These financings support the company's ongoing exploration and development activities.
Curibaya Project Highlights
The Curibaya project is located in a copper porphyry belt that hosts some of Peru's largest porphyry deposits. Notable highlights include multiple significant intercepts from the 2021 maiden drill program and the identification of two porphyry copper targets underlying the silver-gold epithermal mineralization from recent geophysical surveys. These findings indicate the project's potential for substantial mineral discoveries.