Silver Bull Resources, Inc. (TSX:SVB,AMEX:SVBL) announced that an updated technical report on the Mexico-based Sierra Mojada project has increased the resource estimate.
Silver Bull Resources, Inc. (TSX:SVB,AMEX:SVBL) announced that an updated technical report on the Mexico-based Sierra Mojada project has increased the resource estimate.
As quoted in the press release:
At a 15 g/t cutoff grade for the silver the updated resource represents a 39% increase in the open pittable resource of the Shallow Silver Zone previously reported by Silver Bull in the NI43-101 Technical Report released in November 2011. It also represents a 52% increase in the number of silver ounces of the Shallow Silver Zone that now report in the “measured and indicated” category.
Click here for the Silver Bull Resources, Inc. (TSX:SVB) press release.