The Conversation (0)
Silver Bull Resources, Inc. (TSX:SVB) reported an increase in the Shallow Silver Zone resource by 39% to 72.13 million ounces of silver in the measured and indicated category and 10.49 million ounces of silver in the inferred category at the Sierra Mojada Project, Coahuila, Mexico. These results will be included in the updated NI 43-101 Technical Report currently being completed.
Silver Bull Resources, Inc. (TSX:SVB) reported an increase in the Shallow Silver Zone resource by 39% to 72.13 million ounces of silver in the measured and indicated category and 10.49 million ounces of silver in the inferred category at the Sierra Mojada Project, Coahuila, Mexico. These results will be included in the updated NI 43-101 Technical Report currently being completed.
As quoted in the press release:
The mineral resource estimate for the Shallow Silver Zone contained in the Technical Report at an economic cutoff grade of 15 g/t of silver that management believes is likely accessible by open pit mining is as follows:
- A Measured silver resource of 3.688 million tonnes at an average grade of 57.0 g/t – equivalent to 6.714 million troy ounces of silver.
- An Indicated silver resource of 45.175 million tonnes at an average grade of 45.0 g/t – equivalent to 65.419 million troy ounces of silver.
- An Inferred silver resource of 8.162 million tonnes at an average grade of 40.0 g/t – equivalent to 10.496 million troy ounces of silver.
Click here to read the Silver Bull Resources (TSX:SVB) press release
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