Silver Bull Resources Inc T.SVB

Alternate Symbol(s): SVBL

Metals & Mining Industrial Metals & Minerals

Silver Bull Resources, Inc. is a Canada-based exploration-stage company. The Company owns a number of property concessions in Mexico within a mining district known as the Sierra Mojada District, located in the west-central part of the state of Coahuila, Mexico, near the Coahuila-Chihuahua state border approximately 200 kilometers south of the Big Bend of the Rio Grande River. The Sierra Mojada Project site is situated to the south of the village of Esmeralda, on the northern side of a major escarpment that forms the northern margin of the Sierra Mojada range. The principal mining area extends for approximately five kilometers in an east-west direction along the base of the precipitous, 1,000-meter-high Sierra Mojada Range. The Sierra Mojada Project comprises over 20 concessions consisting of approximately 6,496 hectares (about 16,052 acres). The Sierra Mojada concessions contain a mineral system which can be separated into two distinct zones: a silver-rich zone and a zinc-rich zone.

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Silver Bull Resources Inc

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Post by peruchocanuckon Mar 01, 2020 11:09pm

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Post# 30754326

Mexico’s suspended mining projects

"Second biggest suspended proyect: SIERRA MOJADA

Outlook: Neutral

Sierra Mojada has many things going in its favor – and many challenges.

It hosts substantial high-grade silver and zinc mineralization and has the backing of South32, which holds an option on the project.

Silver prices have risen sharply over the past six months.

But zinc prices have slipped below US$1/lb levels and the blockade and lawsuit are significant obstacles to development.

Originally Posted February 25th, 2020. Source: https://www.bnamericas.com/en/features/snapshot-mexicos-suspended-mining-projects

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