El Tigre Silver to Proceed on Silver and Gold Tailings Recovery Project in Sonora, Mexico

El Tigre Silver Corp. ("El Tigre" or the "Company") (TSX VENTURE:ELS) 
(OTCQX:EGRTF) (FRANKFURT:5RT) is pleased to announce it has elected to exercise
its option pursuant to an option agreement (the "Option Agreement") with Martin
Lopez Lauterio (the "Owner") to exploit the extensive surface tailings which
resulted from the former Lucky Tiger Combination Gold Mining Company mine in the
Sierra El Tigre. The tailings are located on the concessions that are part of El
Tigre's 215 square kilometre concession ownership in Sonora, Mexico. 


Under the terms of the Option Agreement, announced in the Company's news release
dated September 13, 2011, the Company through its wholly owned Mexican
subsidiary, Pacemaker Mining SA de CV, had up to two years to evaluate the
tailings and design a procedure to extract the contained silver. 


Stuart Ross, CEO of El Tigre Silver, said "We are confident to be moving forward
with our early production project at El Tigre. The past two years of evaluation
culminated in a very positive prefeasibility study that provided a comprehensive
technical and economic analysis of the selected development option for the
reprocessing of the tailings material based on an estimation of the mineral
resources and reserves contained within the tailings material. The revenue from
production will allow El Tigre to continue to develop the in-situ resources on
the property with minimized need to go to the equity markets."


On August 1, 2013, El Tigre announced that the Mexican Secretary of Environment
and Natural Resources has approved the environmental plan that will allow
development and construction of the El Tigre tailings recovery project,
effective July 18, 2013. This permit was the final step for the Company to
accomplish and it can now proceed with its plans as outlined in a Preliminary
Feasibility Study dated August 13, 2013 prepared by Hard Rock Consulting, LLC,
announced in a press release dated July 4, 2013. 


On August 15, 2013, El Tigre announced the filing on SEDAR of its National
Instrument 43-101 Preliminary Feasibility Study for the El Tigre Silver & Gold
Project, Municipio De Nacozari De Garcia, Sonora, Mexico. In the news release it
was reported that "The tailings project will require an overall initial and
sustaining capital investment of $6.2 million, with a maximum starting cash
injection of $4.0 million, with the remaining amounts provided by cash flow from
operations." An announcement on the source for the funding requirements will be
forthcoming.


El Tigre also reports that Mr. Steven Craig has resigned as Vice-President
Exploration of the Company. El Tigre thanks Mr. Craig for his contributions to
the Company and wishes him well in his future business endeavours. 


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
exercise of option, exploitation of surface tailings; production 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
El Tigre Silver Corp.
Stuart Ross
President and CEO
(778) 980-7187
srross@eltigresilvercorp.com


El Tigre Silver Corp.
Rob Grace
Corporate Communications
(604) 639-0044
rgrace@eltigresilvercorp.com
www.eltigresilvercorp.com
El Tigre Silver Corp. (TSXV:ELS)
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