Silver Bull Resources (TSX: T.SVB, Stock Forum) Tuesday reported drill results for the first six holes of the underground drill program at the eastern end of the Sierra Mojada Project in Mexico, which included 309 grams per tonne (g/t) silver over 23 meters and 1,648 g/t silver over four meters.
The company added that mineralization remains open in the north, south, east and westerly directions.
"We are extremely pleased with the first batch of results to come in from the long hole twinning program. We are seeing a good correlation with the historical long hole data set and are proving that the high grade silver zone we see in the long hole data is real, and exists over wide intercepts of core. Proving out this high grade zone with the twinning program will be a significant step forward for this project as we are confident it will add significant ounces to the growing Shallow Silver Zone, and likely increase the overall grade of the deposit," said Silver Bull President and CEO Tim Barry.