VANCOUVER, BRITISH COLUMBIA–(Marketwired – Jan. 17, 2017) – Silver Bull Resources, Inc. (OTCQB:SVBL)(TSX:SVB) (“Silver Bull”) is pleased to provide a 2016 corporate end of year review and outline the plan for 2017 going forward.
During 2016 the company completed a 590 line kilometer airborne magnetic geophysics survey over the main deposit at Sierra Mojada. This work identified a number of deep structures that are coincident with known high grade historical silver and zinc mines in the area. Strong copper anomalies are also coincident with these structures and are thought to represent hotter fluids coming up from depth.
In addition, several drill holes previously drilled in the area outlined by the geophysics survey intercepted structurally controlled sulphide mineralization including, drill hole “B11144”, which intercepted 8.45 meters at 17% zinc, 5.45% lead, and 60g/t silver starting at 193 meters. Underground mapping and sampling in the same area, identified another zone of structurally controlled sulphide mineralization with channel samples returning grades up to 690g/t silver, 15.25% zinc, 4.8% lead, and 1% copper.