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Silver Bull Resources Inc SVBL


Primary Symbol: T.SVB

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.


TSX:SVB - Post by User

Bullboard Posts
Post by LondonInveston Jul 29, 2019 2:47pm
352 Views
Post# 29971685

Drilled 2,742m in 2019 So Far, Lots to Go

Drilled 2,742m in 2019 So Far, Lots to Go
Silver Bull Resources has drilled 2,742m of their 8,000m drill program so far in 2019.  Some great results already and better resource definition and a 950m extension of resource zone which drops straight into resource available.  Keep in mind the 8,000m program is the minimum, based on their resources in bank and South32 funding they could almost double this program without further funding or share dilution.  Exciting stuff.  It doesn't take much from this to the following levels.  First break $0.20 USD then shoot up to $0.38-$0.40 from 2013-14 levels and then $0.60 cent range next, then nothing till $1.10-$1.30 range which is where we should be at.  Gives company a valuation of $250 million and allows for strong funding for future development.  When we start trading a few million shares a day, this will happen fast and everyone will sell too soon.
Bullboard Posts