Silver Bull intersects high grade Silver At Sierra Mojada
Mining News | 2012-08-21 03:35:42
Silver Bull Resources Inc. (TSX: SVB)(NYSE MKT: SVBL) intersected high grades of silver from its second batch of six-hole drilling at the Sierra Mojada Project located in Coahuila, Mexico.
By Paul Ploumis
VANCOUVER (Scrap Monster): Silver Bull Resources Inc. (TSX: SVB)(NYSE MKT: SVBL) intersected high grades of silver from its second batch of six-hole drilling at the Sierra Mojada Project located in Coahuila, Mexico.
Highlights include 912 grams per ton silver over 17.6 meters, including 1,927 g/t silver over 3.66 meters including 206 g/t silver over 18.0 meters including 561.8 g/t silver over 6.0 meters.
Tim Barry, president, chief executive officer and director of Silver Bull said that, “Recent underground mapping shows the high-grade zone is hosted along a series of east-west striking 'stacked' faults that are traceable underground for at least one kilometer.”
“The lower-grade mineralization we encounter in some of the holes appears to be a halo in between the fault zones and explains why the drill holes can return spectacular grades when drilling in one direction and lower grades when drilling in another direction," he added.
Silver Bull is a Canadian-based mineral exploration company with the Sierra Mojada Project as its flagship asset.
