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Silver Bull Resources TSX:SVB OTC:SVBL

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5 months 3 days ago #119499 by alexgreat
alexgreat replied the topic: Silver Bull Resources TSX:SVB OTC:SVBL
More great results. I added to my position today.

They are just scratching the edges of these new structures and Barry references and intrusion that might be feeding the whole thing, probably at depth

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5 months 3 days ago #119491 by Gambler
Gambler replied the topic: Silver Bull Resources TSX:SVB OTC:SVBL
2017-11-20 07:39 ET - News Release


Mr. Tim Barry reports

SILVER BULL INTERSECTS 9 METERS OF SULPHIDE MINERALIZATION GRADING 20.7% ZINC, 1% LEAD AND 98G/T SILVER, INCLUDING 3.65 METERS OF MASSIVE SULPHIDE MINERALIZATION GRADING 47.8% ZINC, 2.5% LEAD AND 105G/T SILVER ON THE SIERRA MOJADA PROJECT, COAHUIL

Silver Bull Resources Inc. has provided 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.

Shown in the image above are locations of historical channel samples grading >0.5% copper and 100g/t silver in relation to the sulphide zone currently being drilled. The sulphide zone sits along strike and is interpreted as the extension of a zone defined by historical underground channel samples. This defines a target over 3 kilometers in strike which is open in the east and west directions. Work is currently underway to access some of the underground workings in these areas to confirm the style and tenor of the projected extension of mineralization.

Highlights from the four holes announced in this news release include:

Hole T17010 {A –} 9 meters @ 20.7% zinc, 1.0% Lead, 98g/t silver and 0.26% copper including 3.65 meters @ 47.8% zinc, 2.5% lead, 105g/t silver and 0.26% copper from 3.55 meters to 7.2 meters. Hole T17009 {A –} 3 meters @ 537g/t silver, 3.9% zinc and 1.06% copper including 1 meter @ 1280g/t silver, 14.8% zinc and 2.3% copper from 0 meters to 1 meters.

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: 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 the drill program progresses.

Assays for the holes reported are as follows:
Hole IDHole Length (m)From (m)To (m)Interval (m)Ag (G/T)Cu (%)Pb (%)Zn (%)
T17007 51.55 No significant results
T17008 72.5 No significant results
T17009 0 3 3 537 1.06 0.05 3.9
Including 0 1 1 1280 2.3 0.09 14.8
T17010 0 9 9 98 0.26 1 20.7
Including 3.55 7.2 3.65 105 0.26 2.5 47.8

Tim Barry, President, CEO and director of Silver Bull states, "We are extremely pleased with the results from this batch of drill core. The new sulphide zone is proving to be very productive for high grade sulphide mineralization. The drilling summarized in this news release targeted the second of three steeply dipping, discreet structures we have identified in the sulphide zone. Drilling from the first structure previously announced in the news releases of holes T17001 to T17006 was dominated by high grade silver-copper sulphide mineralization grading up 1,300g/t silver and 6% copper. This second structure is dominated by extremely high zinc sulphide mineralization, grading up to 48% zinc and suggests a metal zonation in the mineralization we see at Sierra Mojada and provides very useful information in helping us vector into an intrusion, interpreted as the source of metals currently defined on the project. In addition to vectoring in on an intrusive source we can now project the mineralization we are currently drilling into the extensive channel sampling and drilling completed at the eastern end of the deposit and show a target over 3 kilometers in strike length. When you consider this, coupled with the fact we have identified three structures in this east-west trend similar in style, dip and grade of mineralization, we see some very significant immediate targets at Sierra Mojada. In addition to the drilling, work is currently underway to access some of the underground workings further east to confirm the style of mineralization."

A summary of the drill results is shown in the maps.

About the Sierra Mojada deposit: Sierra Mojada is an open pittable oxide deposit, as disclosed in the NI43-101 "Technical Report on the Resources of the Sierra Mojada Project Coahuila, Mexico" dated June 8, 2015, with a NI43-101 compliant measured and indicated "global" resource of 58.7 million tonnes grading 3.6% zinc and 50g/t silver at a $13.50 NSR cutoff giving 4.670 billion pounds of zinc and 90.8 million ounces of silver. Included within the "global" resource is a measured and indicated "high grade zinc zone" within the Lerchs-Grossman (LG) Optimized Pit of 10.03 million tonnes with an average grade of 11% zinc at a 6% cutoff, giving 2.426 billion pounds of zinc, and a measured and indicated "high grade silver zone" of 19 million tonnes with an average grade of 102.5g/t silver at a 50g/t cutoff giving 62.6 million ounces of silver. Mineralization remains open in the east, west, and northerly directions. Approximately 60% of the current 3.2 kilometer mineralized body is at or near surface before dipping at around 6 degrees to the east.

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5 months 1 week ago #119406 by DearJohn
DearJohn replied the topic: Silver Bull Resources TSX:SVB OTC:SVBL
Probably from what Bob Moriarty put out at 321Gold
www.321gold.com/editorials/moriarty/moriarty110917.html

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5 months 2 weeks ago #119394 by tonyk
tonyk replied the topic: Silver Bull Resources TSX:SVB OTC:SVBL
Gambler, I see some action in the stock today, up a couple of cents on huge volume, you see any news anywhere? Volume looks positive. Yes, this thing is cheap IMO, I was in at 14 cents, picked some more up last week at 10 cents.

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5 months 3 weeks ago #119343 by Gambler
Gambler replied the topic: Silver Bull Resources TSX:SVB OTC:SVBL
Surprised how cheap this is but I got some more

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5 months 4 weeks ago #119258 by WealthyPlumber
WealthyPlumber replied the topic: Silver Bull Resources TSX:SVB OTC:SVBL
Recently got a position, can't be that long until next drill results

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6 months 3 days ago #119235 by Gambler
Gambler replied the topic: Silver Bull Resources TSX:SVB OTC:SVBL
stocks seems range bound between 12 and 15. I am going to try and add more on any dip below 12

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6 months 1 week ago #119115 by GoldnBoy
GoldnBoy replied the topic: Silver Bull Resources TSX:SVB OTC:SVBL
DJ, thanks for starting topic, I got a good position, looks like this could be one of the better silver plays coming to the market

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6 months 1 week ago #119109 by Gambler
Gambler replied the topic: Silver Bull Resources TSX:SVB OTC:SVBL
I picked some up in June, great drill news yesterday, surprised stock did not get more traction on that

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6 months 1 week ago #119108 by lynnsa10
lynnsa10 replied the topic: Silver Bull Resources TSX:SVB OTC:SVBL
DJ, good job and thanks for starting the topic. I bought a position and think they could have a large new discovery here in that sulphide zone

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6 months 1 week ago - 6 months 1 week ago #119106 by DearJohn
DearJohn created the topic: Silver Bull Resources TSX:SVB OTC:SVBL
Silver Bull is developing their advanced stage Sierra Mojada project in Mexico, 4,715 hectares 100% owned. Current 43-101 M&I resources in Oxide zones are 90.8 million ounces silver and 4.67 billion pounds zinc

The company has discovered the underlying sulphide zone and that is the current focus of exploration and drilling

Discover channel samples on the sulphides include these

Highlights from the channel sampling program include:

Sample 25736 @ 1130g/t silver, 22% zinc, 3.26% lead, 12.8% copper.
Sample 25727 @ 1315g/t silver, 0.05% zinc, 9.0% copper.
Sample 25735 @ 713g/t silver, 3.4% zinc, 0.14% lead, 1.1% copper.
Sample 25805 @ 491g/t silver, 24.7% zinc, 1.6% copper.
Sample 25739 @ 495g/t silver, 7.09% zinc, 2.68% lead, 1.06% copper.
Sample 25728 @ 392g/t silver, 0.4% zinc, 1.8% copper.
Sample 25732 @ 329g/t silver, 42% zinc, 3.2% lead, 1.65% copper.
Sample 25806 @ 277g/t silver, 19.65% zinc, 18.3% lead, 0.7% copper.
Sample 25803 @ 73g/t silver, 19.2% zinc, 4.8% lead, 0.3% copper.
Sample 25802 @ 42g/t silver, 10.5% zinc, 2.4% lead, 0.17% copper.
Sample 25801 @ 33g/t silver, 8.1% zinc, 3.4% lead, 0.1% copper.


There is underground access to this zone where the company is drilling with first results reported Oct 12, 2017


Highlights from the first two drill holes include:

Hole T17002 – 25.5 meters @ 294g/t silver and 0.96% copper including 11.5 meters @ 486g/t silver and 1.13% copper from 14 meters to 25.5 meters, and which contains a smaller interval of 4 meters @ 966g/t silver and 2.0% copper from 15 meters to 19 meters.

Hole T17002 hit underground workings and was terminated in high grade mineralization.

Hole T17001 – 7 meters @ 121g/t silver and 0.52% copper including 2 meters @ 376g/t silver and 3.0% copper from 0 meters to 2 meters.
Last Edit: 6 months 1 week ago by DearJohn. Reason: changed acres to hectares
The following user(s) said Thank You: GoldnBoy

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