VANCOUVER, BRITISH-COLUMBIA--(Marketwired - Dec. 23, 2013) - El Tigre Silver Corp. ("El Tigre" or the "Company") (TSX VENTURE:ELS) (FRANKFURT:5RT) (OTCQX:EGRTF) is pleased to announce the appointment of Hard Rock Consulting, LLC of Lakewood Colorado ("HRC") as a strategic advisor for its mining activities and to assume the duties of the Company's Qualified Person as defined in National Instrument ("NI") 43-101. The Company currently owns 100% of 9 mining concessions, 8 comprising 21,500 hectares (215 square kilometres) located in the Sierra El Tigre, northeastern Sonora State in Mexico.
HRC will fulfill El Tigre's requirement for professional geological, engineering and business consulting, principally at this time those of a Qualified Person approving and signing-off on Press Release disclosure and website postings. Other professional geological, engineering services, due diligence or other business services, as requested by management, are also included under this agreement.
Zachary J. Black, SME-RM (No. 4156858RM), Director - Geology and Resources for HRC will fulfill the position of Qualified Person for El Tigre. Mr. Black has 9 years of experience working on structurally controlled gold and silver resources in the Sierra Madre Occidental of Mexico and the southern United States. Mr. Black is a Professional Resource Geologist with extensive experience in geologic exploration projects, consulting, database management, project management and project engineering. He has done innovative work with geostatistical modelling and has assisted clients in geological modeling, geostatistical evaluations, resource modelling and exploration program design and support.
HRC has previously been retained by El Tigre to complete a Prefeasibility Study of the tailings and a resource model of the El Tigre mineralized zone. On August 15, 2013, National Instrument 43-101 Preliminary Feasibility Study for the El Tigre Silver & Gold Project, Municipio De Nacozari De Garcia, Sonora, Mexico on the El Tigre silver and gold project in Sonora, Mexico was filed on SEDAR.
Stuart Ross, CEO of El Tigre Silver, said "I am very pleased to add the depth and breadth of experience and professionalism that HRC brings to the El Tigre team. In addition to their extensive experience in Mexico and their familiarity with both the El Tigre exploration and recovery project, they bring demonstrated technical/ business skills, and innovative ideas that will enhance project and company value."
About El Tigre
The Company, through its subsidiaries, holds the rights to 100% of nine mineral concessions, eight
comprising of 215 square kilometres located in north-eastern Sonora, Mexico (the "El Tigre Property"). El Tigre also holds one additional 32 hectare claim separate from the El Tigre Property. A NI 43-101Technical Report Preliminary Feasibility Study has been prepared for the El Tigre Silver Project and can be found on the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.eltigresilvercorp.com.
This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include but are not limited to review by HRC of disclosure documents and future plans. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include those risks set out in the Company's public documents filed on SEDAR at www.sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.