SILVER BULL ACQUIRES CRUCIAL MINERAL LICENCE IN THE PALOMAS NEGROS AREA, WITH SAMPLING FROM THE NEW LICENCE GRADING UP TO 542G/T SILVER, 37.95% ZINC, AND 14.74% LEAD AT THE SIERRA MOJADA PROJECT, COAHUILA, MEXICO.

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Vancouver, British Columbia – Silver Bull Resources, Inc. (TSX: SVB, OTCQB: SVBL) (“Silver Bull”) is pleased to announce it has acquired a new mineral license in the Palomas Negros area, a prospect that lies 9 kilometers to the northwest of the main deposit at Sierra Mojada. The mineral license acquired is a 68 hectare historical mineral license that had been cancelled for many years by the Mexican mining authorities, and consequently had no official owner, but had not been released for staking until recently. The license covers an area of historical mine workings which has been followed up by Silver Bull with a channel sampling program targeting a historical 120 meter long by 25 meter wide showing continuous high grade mineralization at
surface.

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