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Silver Bull Resources Inc.

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Summary

Project:

Sierra Mojada

Deposit:Sierra Mojada
Location:Mexico
Commodities:Silver-Copper
Date:10/12/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:12-10-2017: Silver Bull Resources Inc. announces an Exploration/Drilling Update report for its Sierra Mojada deposit at the Sierra Mojada project. Drilling results incl. 25.5m @ 294.1g/t Ag and 0.96% Cu from 0m. Vancouver, British Columbia – Silver Bull R
Resources:(Resource, M+I): 58.7Mt @ 3.6% Zn, 50g/t Ag for 4.670Blbs Zn, 90.8Moz Ag at project
CP/QP:[Overall Report]: Tim Barry (Internal)
ABSTRACT:Vancouver, British Columbia – Silver Bull Resources, Inc. (TSX: SVB, OTCQB: SVBL) (“Silver Bull”) is pleased to provide the results of the first two drill holes from its underground drill program targeting high grade structures in the newly discovered Sulphide Zone on the Sierra Mojada Project in Coahuila, Northern Mexico. The Sulphide Zone: An underground geological mapping and continuous underground channel sampling program conducted by Silver Bull during the month of August identified a series of eastwest trending high angle structure hosting sulphide mineralization (announced in a news release on 11 September 2017). Results from the continuous channel sampling program yielded 31.5 meters grading at 22.36% zinc, 134.5g/t silver, 2.05% lead, 0.21% copper and 10.5 meters @ 432g/t silver, 1.15% zinc, 0.05% lead, 1.22% copper. This sulphide zone isthe target of the current drill program. The Drill Program: Silver Bull is utilizing a company owned Termite drill rig to test the grade, thickness, and continuity of the sulphide mineralization identified by the channel sampling program. The Termite is capable of drilling up to 100 meters of NQ diamond core and five drill stations are presently planned with more expected to be added as continued mapping in previously unvisited underground workings and drilling progresses.

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