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Silver Bull Resources Reports Continued Positive Results at Sierra Mojada

Investing News Network
Jul. 17, 2012 08:13AM PST
Silver Investing

Silver Bull Resources, Inc. (TSX:SVB) intersected 106.35 Meters of 37g/t Silver and 16 Meters of 10.34% Zinc and more drill results from the 2012 surface drill campaign on its Sierra Mojada Project in Coahuila, Northern Mexico.

Silver Bull Resources, Inc. (TSX:SVB) intersected 106.35 Meters of 37g/t Silver and 16 Meters of 10.34% Zinc and more drill results from the 2012 surface drill campaign on its Sierra Mojada Project in Coahuila, Northern Mexico.

As quoted in the press release:

Highlights include:

  • B12058 106.35 meter intercept of silver mineralization over 37g/t Ag and 3.19% Zn on the southern edge of the defined mineralization.
  • High grade silver intercepts including; 4.55 meters @ 308g/t Ag, 6.05 meters @ 162g/t Ag, 6.9 meters @ 132g/t Ag, and 4 meters @ 155g/t Ag.
  • High grade zinc and lead intercepts including; 16 meters @ 10.34% Zn, 8.4 meters @ 3.63% Zn and 2.24% Pb, and 6.3 meters @ 2.86% Zn and 5.88% Pb.
  • Mineralization remains open in the north, south, east and westerly directions.

Silver Bull President, CEO and Director Tim Barry said:

As previously announced, and in response to the challenging market conditions we have postponed our surface drill program to focus on better defining a very high grade silver zone defined by a tremendous amount of historical work that has been either severely restricted or excluded in our last NI43-101 resource report recently filed. Due to the amount of historical data in this zone indicating high grade ore is present and the fact we are using our own drill rigs to complete the drilling, we see this as a very low risk, cost effective program which we expect will add significant silver ounces to the deposit, and likely increase the overall grade within the Shallow Silver Zone. In addition to this program we continue to push forward our metallurgical program led by George Rawsthorne targeting both the silver and zinc mineralization.

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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