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Silver Bull Announces Seventh Batch of Drill Results: 193.38g/t Silver Over 43.65 Meters on Sierra Mojada

Investing News Network
Oct. 24, 2012 11:25AM PST
Base Metals Investing

Silver Bull Resources (TSX:SVB) reported drill results for the seventh batch of drill holes from the underground drill program twinning a series of “long holes” in a high grade silver zone situated at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.

Silver Bull Resources (TSX:SVB) reported drill results for the seventh batch of drill holes from the underground drill program twinning a series of “long holes” in a high grade silver zone situated at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.

As quoted in the press release:

High grade silver highlights from the seventh batch of 11 drill holes include:

  • Hole T12062: 43.65 meters @ 193.3g/t Ag (including 15m @ 440.66g/t Ag and 5m @ 241g/t Ag)
  • Hole T12063: 20.00 meters @ 124.2g/t Ag (including 4.1m @ 346.6g/t Ag)
  • Hole T12055: 26.05 meters @ 90.40g/t Ag (including 2m @ 884g/t Ag)
  • Hole T12056: 36.50 meters @ 80.23g/t Ag (including 1.75m @ 581.43g/t Ag & 2.3m @ 559.57g/t Ag)
  • Hole T12064: 17.20 meters @ 97.00g/t Ag

** Mineralization remains open in the north, south, east, and westerly directions

This recent drilling, coupled with historical channel sampling and our ongoing underground mapping program shows at least three distinct east-west trending structures which host high grade zones of silver mineralization. In places, these east-west trending structures are cross cut by a series of northeast trending faults resulting in a “blow out”, which yields a much wider zone of high grade silver mineralization. A halo of silver mineralization grading up to 80g/t exists in between the high grade zones and provides the tonnage for a potential “bulk minable” deposit in an open pit setting. The high grade silver zone remains open in all directions and sits above and slightly adjacent to a significant body of zinc mineralization which has a present strike length of 1.5 kilometers and an average grade >8% Zn.

Click here to read the Silver Bull Resources (TSX:SVB) press release

See this press release on Marketwire
Click here to see the Silver Bull Resources (TSX:SVB) profile

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