Silver Bull drills 13.25 m of 9.05% Zn at Sierra Mojada, Mexico

Posted on by

   Silver Bull Resources Inc. {TSX.V: SVB}

Provided results from an additional five drill holes on the Sierra Mojada project in Coahuila, northern Mexico.

Highlights from the holes announced in this news release include Hole B19005,  13.25 metres of massive sulphide mineralisation grading 9.05 per cent zinc, 2.12 per cent lead and 16 grams per tonne silver.

,

,

 

 

2019-07-29 04:18 ET – News Release

Mr. Tim Barry reports

.

Silver Bull makes a new discovery and intercepts 13.25 m of massive sulphide grading 9.05% zinc, 2.12% lead, 16 gpt silver in Coahuila, Mexico

.

.

Silver Bull Resources Inc. has provided results from an additional five drill holes on the Sierra Mojada project in Coahuila, northern Mexico.

Highlights from the holes announced in this news release include:

  • Hole B19005: 13.25 metres of massive sulphide mineralisation grading 9.05 per cent zinc, 2.12 per cent lead and 16 grams per tonne silver, including 5.85 metres at 11.93 per cent zinc, 2.83 per cent lead and 24 g/t silver from 75.75 metres;
  • Hole B19004: 0.87 metre of massive sulphide mineralisation grading 8.14 per cent zinc, 1.83 per cent lead and 27 g/t silver from 46.23 metres;
  • Hole B19006: 0.85 metre of massive sulphide mineralisation grading 7.25 per cent zinc, 1.20 per cent lead, 195 g/t silver and 0.13 per cent copper from 129.85 m.

.

The drill program

Under a joint venture option agreement with South32 Ltd., Silver Bull is conducting an initial 8,000-metre 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 SA de CV to initially target four historic mining areas within the property, three of which have never been drilled.

.

Results

A summary of the results from the preliminary drilling in the Palomas Negros is shown in the associated table.

                           
                     RESULTS OF THE FIVE DRILL HOLES IN THE CURRENT DRILL PROGRAM       

Hole ID      Hole length     From      To  Interval       Ag     Zn    Pb                        Cu
                     (m)      (m)     (m)       (m)    (g/t)    (%)   (%)                       (%)

B19003            620.85                                                     no significant results
B19004            110.60    28.50   34.25      5.75            1.97
                            46.23   47.10      0.87       27   8.14  1.83
B19005            185.70    52.10   53.70      1.60            4.26
                                              75.75       89  13.25                 16   9.05  2.12
B19006            518.70   129.85  130.70      0.85      195   7.25  1.20                      0.13
B19007            242.50                                                     no significant results

.

Tim Barry, president, chief executive officer and director of Silver Bull, stated: “Four of the five holes announced in this news release are focused within the Palomas Negros area. This is a historical mining area that lies nine kilometres to the west of the main deposit at Sierra Mojada. The Palomas Negros area has never been assessed with modern exploration techniques and has long been recognized as an exciting target to be followed up. Work is ongoing to fully understand the controls on the mineralisation at Palomas Negros, but to get a high-grade intercept over 13.25 metres in a first pass drill pass drill program is very encouraging, especially so close to surface.”

.

.

.