Silver Bull Reports High Grade Silver Intersections at Sierra Mojada

Silver Bull Resources, Inc.(TSX:SVB) announced the latest results from its Centenario zone, Sierra Mojada, Coahuila, Mexico. The results collected from ten drill holes reported high grade silver intersections.

Highlights include:

• 2 drill holes with 100+ meter intercepts of silver oxide mineralization intersecting high grade zones of 417.64g/t silver over 10m, 283.89 g/t silver over 13.05m and 176.77g/t silver over 21.5m.
• The extent of the known silver mineralization in the Centenario Zone is now 450 meters in an east-west direction and 300m north-south direction and remains open in all directions.

Silver Bull, President and CEO, Tim Barry, commented:

We are extremely pleased with the continued positive results coming from the Centenario Zone and the emergence of a high grade zone of mineralization. Considering the extent of the Centenario Zone defined so far, we are very confident this will add a significant amount of silver to our next resource report expected in Q2 of this year. Following our $10.5 million financing at the end of 2011 we are focused in 2012 on continuing to drill out the widespread silver and zinc mineralization seen at Sierra Mojada and also to developing a metallurgical flow sheet via an extensive metallurgical program led by George Rawsthorne.

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