El Tigre Silver Corp.

El Tigre Silver Corp.

October 16, 2012 19:43 ET

El Tigre Silver Corp.: Director Resignation

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 16, 2012) - El Tigre Silver Corp. (the "Company") (TSX VENTURE:ELS)(OTCQX:EGRTF)(FRANKFURT:5RT) has received the resignation of Mr. Daniel Tellechea as a director of the Company. Mr. Tellechea is leaving the board to focus on other projects.

The Company's board and management team would like to thank Mr. Tellechea for his service and his contribution to the Company's development and exploration projects on the El Tigre property.

About El Tigre Silver Corp.:

The Company, through its subsidiaries, holds the rights to 100% of nine mineral concessions, eight comprising of 431 square kilometers 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 technical report has been prepared for the El Tigre Property 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.

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.

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