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Tier One Metals is a precious metals exploration company that was spun out from Auryn Resources on October 9, 2020. The Company is focused on creating significant value for shareholders through the exploration and potential discovery of world-class silver and gold deposits in southwest Peru. The Company is actively planning to complement its existing strong property portfolio through additional precious metal acquisitions in Peru, leveraging off its in-country experienced personnel teams. Tier One Metal’s main focus currently is the 100% owned Curibaya project, which consists of approximately 11,000 hectares and is located approximately 48 km north-northeast of the provincial capital, Tacna, accessible by road.
Tier One Metals is in the process of acquiring drill permits for Curibaya and completing targeting at the project. Initial surface sampling programs at Curibaya have returned numerous high-grade samples of silver, gold and copper over a four-kilometer by four-kilometer alteration system.
The Company also holds the Huilacollo epithermal property, which is comprised of approximately 3,300 hectares of intense hydrothermal alteration that is consistent with epithermal Au/Ag mineralization over a four-kilometer by six-kilometer area. It is located 52 km from Tacna and is accessible by road with nearby high-voltage power lines and water.
Tier One Metals is an unlisted reporting issuer. The Company will be seeking listings in Q1.
News releases and media interviews relative to upcoming Company milestones and prior to listing will be posted on this website. Updates are expected to include surface results and drill permitting updates.
More information about the Company, including pro forma financial statements, can be found in the Sept. 3, 2020 Information Circular issued by Auryn Resources.
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