Silver Bull Intersects 16 Meters of Sulphide Mineralization Grading 396g/t Silver & 1.61% Copper, Including 6 Meters Grading 610g/t Silver & 1.12% Copper on the Sierra Mojada Project, Coahuila, Mexico

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VANCOUVER, British Columbia, Nov. 15, 2017 (GLOBE NEWSWIRE) — Silver Bull Resources, Inc. (TSX:SVB) (OTCQB:SVBL) (“Silver Bull”) is pleased to provide 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.

Location of the new sulphide zone of mineralization in relation to the previously defined oxide 43-101 resource previously defined at Sierra Mojada. This new zone will be the initial target of the planned drill program.
Summary of the drill holes drilled to date. This news release focuses on drill holes T17003-T17006.
Plan view of the drill holes drilled from the first underground drill station. The drilling is very clearly defining a high grade silver-copper zone that is open to the NW and SE and down dip (see cross section of this zone in Figure 4).
Cross section through drill holes T17001-T17006. Very clearly the high grade silver-copper mineralization can be seen sitting underneath the NI43-101 compliant oxide resource (shown in blue) and appears to feed up into the oxide zone. Mineralization remains open along strike and down dip.
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.


p align=”justify”>Highlights from the four holes announced in this news release include:

  • Hole T17003 – 16 meters @ 396g/t silver and 1.61% copper including 5 meters @ 379g/t silver and 3.25% copper from 0 meters to 5 meters, and 6 meters @ 610g/t silver and 1.12% copper from 10 meters to 16 meters.
  • Hole T17004 – 7 meters @ 370g/t silver and 0.85% copper. Hole hit historical workings and was terminated
  • Hole T17006 – 4.8 meters @ 352g/t silver and 0.58% copper. Hole hit historical workings and was terminated

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: For the drill program Silver Bull is utilizing a company owned Termite drill rig which aims 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 …

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