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Silver Bull Resources Inc.
Summary
| Project: | Sierra Mojada | |
|---|---|---|
| Deposit: | Sierra Mojada | |
| Location: | Mexico | |
| Commodities: | Silver-Copper | |
| Date: | 11/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-11-2017: Silver Bull Resources Inc. announces an Exploration/Drilling Update report for its Sierra Mojada deposit at the Sierra Mojada project. Drilling results incl. 16m @ 396g/t Ag, 1.61% Cu from 0m. Vancouver, British Columbia – Silver Bull Resource | |
| 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 results from its continued underground drill program targeting the newly discovered Sulphide Zone, which sits under the previously defined oxide zone on the Sierra Mojada Project in Coahuila, Northern Mexico The Sulphide Zone: A continuous underground channel sampling program conducted by Silver Bull during the month of August 2017 identified a series of east-west 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 and is the target of the current drill program The Drill Program: For the drill program Silver Bull is utilizing a company owned Termite drill rig which aims 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 the drill program progresses. Tim Barry, President, CEO and director of Silver Bull states, “The results from this batch of drilling in the sulphide zone are exceptional. The consistent high grade silver-copper mineralization we see in this particular area is hosted along a steeply dipping fault and remains open down dip and in the east and west directions. From what we now know, it has also become apparent that this zone is severely underrepresented in historic drilling as the historic surface drill holes in this area are vertical, meaning that unless they were drilled directly down the steeply dipping structures we are currently defining, any drilling in this area would have completely missed these very high grade zones | |
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