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Silver Bull Resources Inc.
Summary
| Project: | Sierra Mojada | |
|---|---|---|
| Deposit: | Sierra Mojada | |
| Location: | Mexico | |
| Commodities: | Silver-Copper-Lead-Zinc | |
| Date: | 10/30/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-10-2018: Silver Bull Resources Inc. announces a Resource Estimation report for its Sierra Mojada deposit at the Sierra Mojada project. Updated mineral resource estimate at the project. This Technical Report dated October 30 2018, was prepared by Mr Mat | |
| Resources: | (Resource, M+I): 70.4Mt @ 38.6g/t Ag, 0.04% Cu, 0.3% Pb, 3.4% Zn | |
| CP/QP: | [Resources]: Matthew Dumala (Archer, Cathro & Associates (1981) Ltd.) | |
| ABSTRACT: | This Technical Report dated October 30 2018, was prepared by Mr Matthew Dumala of Archer Cathro Ltd. (“AC”) and Timothy Barry of Silver Bull Resources Inc. (“Silver Bull or SBR”) for Silver Bull Resources Inc. (Silver Bull or SBR) to provide a NI-43-101 compliant technical report (Technical Report) of the updated mineral resources at the Sierra Mojada Project in Coahuila state, Mexico. The mineral resource estimate in this report replaces the mineral resource estimate from the Mr Allan Reeves of Tuun Consulting Inc. (“Tuun”) and Tony Loschiavo of AFK Mining Services Inc. (“AFK”) from May 2015. This report is inclusive of both the near surface silver mineralization that has been referred to as the “Shallow Silver Zone” (SSZ) and the historic “red” and “white” zinc zones that had been historically mined by underground methods. Since the previous report significant work has been done on structural and geologic mapping; modeling of the deposit and follow-up on previous work recommendations. The Sierra Mojada Project has been the subject of previous technical reports which disclosed mineral resource estimates for the Shallow Silver Zone and the Red Zinc Zone respectively: The Sierra Mojada project is located in the northwestern part of Coahuila State, Mexico, close to the border with Chihuahua State. The project centre coordinates are 27°24’ North and longitude 103°43’ West. The project is adjacent to the towns of Esmeralda and Sierra Mojada 13 and is about 250 km northeast of the city of Torreón. The project has excellent paved highway and rail access. Silver Bull has 20 registered mining concessions for a total area of 9,530.4 hectares. Silver Bull operates in Mexico through a wholly owned Mexican subsidiary, Minera Metalin S.A. de C.V. All minerals in Mexico are owned by the federal government and mineral rights are granted by soliciting mining concessions, which by law have priority over surface land use, but in practice the concessions owner must have an agreement with the surface owner. | |
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