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Silver Bull Resources Inc.
Summary
| Project: | Sierra Mojada | |
|---|---|---|
| Deposit: | Sierra Mojada | |
| Location: | Mexico | |
| Commodities: | Silver-Zinc-Lead | |
| Date: | 6/19/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-6-2019: Silver Bull Resources Inc. announces an Exploration/Drilling Update report for its Sierra Mojada deposit at the Sierra Mojada project. Drilling results incl. 1.35m @ 586g/t Ag, 10.47% Zn, 8.25% Pb from 335.65m. VANCOUVER, British Columbia, June | |
| Resources: | (Resource, M+I): 70.4Mt @ 38.6g/t Ag, 0.04% Cu, 0.3% Pb, 3.4% Zn | |
| CP/QP: | [Overall Report]: Timothy Barry (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, June 19, 2019 -- Silver Bull Resources, Inc. (TSX: SVB, OTCQB: SVBL) (“Silver Bull”) is pleased to provide results from its first two drill holes on the Sierra Mojada Project in Coahuila, Northern Mexico. The Drill Program: Under a joint venture option agreement with South32, Silver Bull is conducting an initial 8,000 meter surface drill program targeting a series of possible sulphide extensions at depth to the main deposit, as well as a series of never before tested targets within the wider area. For drilling, the company is using Major Drilling De Mexico S.A de C.V to initially target four historic mining areas within the property, three of which have never been drilled. Tim Barry, President, CEO and director of Silver Bull states, “The results from the first two holes in the East End are very encouraging. We have extended the mineralization an additional 950 meters to the east along strike of the Sierra Mojada Deposit, and show mineralization is far from drilled off in the area. Our interpretation of the results is that the drill holes clip the very northern edge of the main trend of Sierra Mojada deposit, and the guts of the system still lies to the south, untested. What is also encouraging is we are seeing a change from oxide mineralization to sulphide mineralization as we go deeper into the system. The advantage of sulphide mineralization over oxide mineralization, and why it is the target of this drill program is that it tends to be higher grade and will likely have a more standard metallurgical process to concentrate the ore. Since finishing up the B19003 drill hole in this area the drill has now moved off to the Palomas Negras prospect which sits 9 kilometers to the west of the main deposit. Results from the drilling at Palomas Negras are expected shortly.” | |
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