Silver Bull Resources, Inc. (TSX:SVB)(OTCQB:SVBL) (Silver Bull) is pleased to announce it has identified a new zone of high grade massive sulphide at its Sierra Mojada Project in Coahuila, Northern Mexico.
The new sulphide zone lies within a 1.4 kilometer long east-west trending chargeability high identified through a gradient Induced Polarization (IP) survey.
This east-west trending zone hosts two other zones Silver Bull has identified with sulphide mineralization which grade up to 690g/t silver, 35% zinc, 19% lead and 1% copper as well and also includes Silver Bull’s only significant sulphide drill hole intercept of 8.45m @ 57g/t silver, 5.45% lead, 16.98% Zinc.
Tim Barry, President, CEO and director of Silver Bull said:
The significance of finding sulphide mineralization at Sierra Mojada is that it will likely have very straight forward metallurgy and appears to have a consistently higher grade for silver when compared to our current NI43-101 compliant oxide resource.
We have now defined three separate high grade sulphide occurrences to form an east-west sulphide target zone 1.4 kilometers long which is open to the west.
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