VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 18, 2013) - El Tigre Silver Corp. (the "Company" or "El Tigre") (TSX VENTURE:ELS)(OTCQX:EGRTF)(FRANKFURT:5RT) is pleased to report that the drilling program targeting the stockwork zone that was started in January 18, 2013 was concluded on April 12, 2013 with 38 holes completed and 4,862 meters drilled. El Tigre is drilling on concessions that are part of the Company's 431 square kilometer ownership in Sonora, Mexico.
The third round of assays from nine more drill holes (ET13-58 to 66) has been received. These drill holes were located on Mula Mountain both north and south of the historic Brown Shaft over a strike length of 450 meters. El Tigre believes that the property hosts a classic caldera-related, epithermal low sulphide vein system that extends 5.3 kilometers along strike. The drilling program is focusing on the southern 1.2 kilometer zone that has potential for bulk mineable gold associated with the historic high grade silver gold veins. All the gold and silver intercepts are oxidized to a reddish brown color after pyrite and base metal minerals.
The highest gold and silver assay that was reported was in Hole ET13-66 with 0.4 meters of 3,030 g/t Ag (88.5 opt Ag) and 235 g/t Au (6.86 opt Au). This interval was followed by 1 meter of 2,920 g/t Ag and 5.34 g/t Au. The lab is currently reassaying this and other intervals from new pulp samples to confirm these high gold and silver values. The company also reports these intervals as "core length" and is not "true width" because not enough information exists at this time to determine true width.
The following table identifies the most notable intervals in each hole while the assay summary table lists all intervals for these holes. Please note that the gold equivalent column ("Au Equiv") is calculated using the conversion ratio of 50 to 1, silver to gold.
| Assay Interval Highlights: | ||
| ET13-58 with 28.05 meters of 0.87 g/t Au equivalent-28.1 g/t Ag and 0.31 g/t Au | ||
| ET13-62 with 23.25 meters of 1.93 g/t Au equivalent- 75.2 g/t Ag and 0.43 g/t Au | ||
| ET13-64 with 42.0 meters of 1.75 g/t Au equivalent- 32.4 g/t Ag and 1.1 g/t Au | ||
| ET13-66 with 80.1 meters of 0.79 g/t Au equivalent- 21.1 g/t Ag and 0.37 g/t Au | ||
| And with 1.4 meters of 115.34 Au equivalent-2057.5 g/t Ag and 74.19 g/t Au | ||
| Summary of mineralized intervals for these seven holes: | |||||||
| Hole Num. | From (m) | To (m) | Interval (m) | Ag g/t | Au g/t | Au Equiv 50:1 | |
| ET13-58 | 4.00 | 5.50 | 1.50 | 2.7 | 0.21 | 0.26 | |
| 7.00 | 8.50 | 1.50 | 2.4 | 0.46 | 0.51 | ||
| 10.30 | 12.00 | 1.70 | 1.8 | 0.40 | 0.44 | ||
| 20.00 | 23.00 | 3.00 | 1.5 | 0.34 | 0.37 | ||
| 26.00 | 54.05 | 28.05 | 28.1 | 0.31 | 0.87 | ||
| Includes | 46.50 | 54.05 | 7.55 | 68.9 | 1.50 | 2.88 | |
| 54.05 | 59.00 | 4.95 | 204.7 | 2.02 | 6.11 | ||
| Includes | 54.05 | 54.75 | 0.70 | 1400.0 | 2.13 | 30.13 | |
| 62.00 | 80.00 | 18.00 | 7.2 | 1.21 | 1.35 | ||
| Includes | 69.50 | 72.50 | 3.00 | 35.8 | 2.77 | 3.49 | |
| 110.85 | 112.30 | 1.45 | * | 0.41 | 0.41 | ||
| 117.70 | 125.80 | 8.10 | 60.9 | 0.43 | 1.65 | ||
| Includes | 117.70 | 122.15 | 4.45 | 107.4 | 0.24 | 2.39 | |
| ET13-59 | 5.25 | 14.00 | 8.75 | 55.5 | 0.47 | 1.58 | |
| Includes | 10.80 | 11.65 | 0.80 | 294.0 | 0.79 | 6.67 | |
| 18.50 | 27.50 | 9.00 | 2.2 | 0.23 | 0.27 | ||
| 44.50 | 48.00 | 3.50 | 1.3 | 0.30 | 0.33 | ||
| 58.50 | 71.80 | 13.30 | 12.0 | 0.68 | 0.92 | ||
| 103.00 | 107.50 | 4.50 | 4.2 | 0.20 | 0.28 | ||
| 127.00 | 127.25 | 0.25 | * | 0.51 | 0.51 | ||
| ET13-60 | 47.20 | 49.10 | 1.90 | * | 1.04 | 1.04 | |
| 78.50 | 83.50 | 5.00 | * | 0.44 | 0.44 | ||
| 90.50 | 92.00 | 1.50 | 2.0 | 0.62 | 0.66 | ||
| 95.00 | 121.50 | 26.50 | * | 0.74 | 0.74 | ||
| ** | 121.50 | 123.90 | 2.40 | 19.7 | 0.24 | 0.63 | |
| 123.90 | 137.50 | 13.60 | * | 0.63 | 0.63 | ||
| Includes | 123.90 | 126.00 | 2.10 | 61.8 | 0.21 | 1.45 | |
| 172.80 | 174.00 | 1.20 | * | 1.37 | 1.37 | ||
| 180.30 | 190.95 | 10.65 | 187.5 | 0.60 | 4.35 | ||
| Includes** | 181.30 | 185.10 | 3.80 | 519.9 | 0.81 | 11.21 | |
| ET13-61 | 0.00 | 5.35 | 5.35 | * | 0.23 | 0.23 | |
| 68.90 | 75.90 | 7.00 | * | 0.33 | 0.33 | ||
| 82.00 | 87.30 | 5.00 | 9.1 | 1.04 | 1.22 | ||
| 90.85 | 107.50 | 16.65 | 10.8 | 1.29 | 1.51 | ||
| Includes | 92.00 | 96.00 | 4.00 | 8.2 | 2.61 | 2.77 | |
| Includes | 98.00 | 99.00 | 1.00 | 115.0 | 2.29 | 4.59 | |
| 203.70 | 209.80 | 6.10 | * | 0.47 | 0.47 | ||
| ET13-62 | 0.00 | 23.25 | 23.25 | 75.2 | 0.43 | 1.93 | |
| Includes** | 0.00 | 7.00 | 7.00 | 164.9 | 0.20 | 3.50 | |
| Includes | 7.00 | 7.65 | 0.65 | 253.0 | 0.34 | 5.40 | |
| 41.00 | 48.50 | 17.50 | 7.8 | 0.65 | 0.81 | ||
| Includes | 45.50 | 50.15 | 4.65 | 22.1 | 1.01 | 1.45 | |
| ET13-63 | 3.05 | 9.00 | 5.95 | 5.2 | 0.80 | 0.90 | |
| 10.00 | 12.00 | 2.00 | 5.4 | 0.24 | 0.35 | ||
| 15.00 |
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