Silver Bull Resources TSX:SVB OTC:SVBL

More nice drill numbers

2018-01-31 07:15 ET - News Release


Mr. Tim Barry reports

SILVER BULL INTERSECTS 17 METERS OF SULPHIDE MINERALIZATION GRADING 301G/T SILVER & 1.75% COPPER, INCLUDING 4 METERS AT 502G/T SILVER AND 2.14% COPPER, ON THE SIERRA MOJADA PROJECT, COAHUILA, MEXICO

Silver Bull Resources Inc. has provided results of five drill holes from its continued underground drill program targeting the newly discovered sulphide zone, which sits under the previously defined oxide zone on the Sierra Mojada project in Coahuila, northern Mexico.

Highlights from the five holes announced in this news release include:

Hole T17013 -- 17 metres at 301 grams per tonne silver and 1.75 per cent copper including four metres at 502 g/t silver and 2.14 per cent copper;
Hole T17014 -- 7.1 metres at 163 g/t silver and 0.57 per cent copper and 1.7 metres at 197 g/t silver and 1.27 per cent copper; hole hit historical workings and was terminated;
Hole T17015 -- one metre at 312 g/t silver and 1.83 per cent copper at 67 metres at the end of the hole; hole hit historical workings and was terminated.
The sulphide zone

A continuous underground channel sampling program conducted by Silver Bull during the month of August, 2017, identified a series of east-west-trending high-angle structure hosting sulphide mineralization (announced in a news release on Sept. 11, 2017). Results from the continuous channel sampling program yielded 31.5 metres grading at 22.36 per cent zinc, 134.5 g/t silver, 2.05 per cent lead, 0.21 per cent copper and 10.5 metres at 432 g/t silver, 1.15 per cent zinc, 0.05 per cent lead, 1.22 per cent and are the targets of the current drill program.

The drill program

Silver Bull is utilizing a company-owned Termite drill rig which aims to test the grade, thickness and continuity of the sulphide mineralization identified by the channel sampling program. The Termite is capable of drilling up to 100 metres of NQ diamond core and five drill stations are presently planned with more expected to be added as the drill program progresses.

ASSAYS FOR THE HOLES

Hole ID Hole length From To Interval Ag Cu
(m) (m) (m) (m) (g/t) (%)

T17011 39.65 no significant results
T17012 43.75 no significant results
T17013 40.5 0 17 17 301 1.75
T17014 31.7 0 7.1 7.1 163 0.57
30 31.7 1.7 197 1.27
T17015 70.25 66 67 1 312 1.83

Tim Barry, president, chief executive officer and director of Silver Bull, stated: "We are very pleased with the continued excellent results from our underground drill program in the sulphide zone. The high-grade silver-copper mineralization seems to be hosted along favourable bedding horizons that have been steepened by an overlying thrust fault. Both the thrust fault and the favourable bedding horizons can be traced for over five kilometres along the entire deposit and suggests there is significant potential to expand the high-grade silver-copper mineralization by targeting these geological features. In addition recent channel samples in two new zones of very high-grade zinc sulphide mineralization grading up to 30 per cent zinc identified in recently reconditioned underground workings sit along trend to the west of the current drill program (announced Jan. 10, 2018) and suggest significant scope to expand high-grade zinc mineralization into this areas. Work is currently under way to identify drill pads to target these areas. Continued results from the drill program are expected out over the next month."

I added a little today to SVB buying at 20.5 cents.
Also added a tad to Zonte at 17 cents
Robin

Just bought a bit more of this one on the dip. I think a good price here

thanks Hoss for the chart,
also,the stock is being promoted by Clive Maund,that could explain the recent pop.

www.streetwisereports.com/article/2018/0..._recommended_article

Cloud chart still positive and in an uptrend but most indicators signaled over bought when it hit 26 so no surprise of a pull back or correction. Support is now at 20, so would try bids around 20 and 21

Nice move in the stock, so a consolidation no surprise. I would think they would have drill results soon

Rons report at streetwise


www.streetwisereports.com/pub/na/17853

Silver Bulls Should Be Bullish on Silver Bull
Bob Moriarty
Archives
Nov 9, 2017
Recently I did an interview and the interviewer asked me what was cheap and why was it cheap. I pondered for a moment and came up with platinum and silver. When pressed for reasons my response was to say, “Who needs a reason? Something is either cheap or it is not. You don’t need a reason to invest other than it’s cheap.”
We may sell for any one of ten thousand reasons. We need a new BMW. We need to eat this weekend. The baby is sick. It’s time for a vacation. But there is only one reason to buy. That’s because we think the price will go up. What better time to buy than when something is cheap?
We all know that prices go up and prices go down. We don’t really know why but why would we need to? It’s the nature of all investments. They go up and they go down. At some point they become absurdly cheap and at another they become ludicrously expensive. Why would we need a reason? Doesn’t that just complicate a pretty simple issue?
My opinion is that we have too many gold and silver bulls if you measure sentiment via speculator longs in both commodities. And I do. We need a washout to clear the decks before the next bull storm.
I’ve noticed that for the last few years, we have tended to have a bottom twice a year, in late June, early July and the typical tax loss silly season at the end of the year from mid-December into the New Year. I think we are due for a low about then and then we go higher.
In the interview I was asked what was cheap. For certain both platinum and silver are cheap relative to almost anything but especially gold and palladium. There aren’t many platinum stocks in a safe country that I follow so if you like platinum, you are pretty much stuck with buying the physical metal.
But I did come across a silver stock that I wrote about years ago that was a hell of a deal then and absurdly cheap today with right at an ounce of silver per share, twenty three pounds of zinc per share, four ounces of copper and an additional two pounds of lead. All for a dime a share. That’s a hell of a deal. The company is Silver Bull Resources. (SVB-T)
Silver Bull has a giant silver/lead/zinc project in Mexico. I suspect that the only reason they haven’t been bought out is because most of the deposit is an oxide material and companies are far more comfortable with sulfide ores. In any case they have an absurd market cap given the 43-101 resource in M&I of 91 million ounces of silver, 4.7 billion pounds of zinc, 56 million pounds of copper 393 million pounds of lead.
To the extent that I understand the reluctance of investors to buy into an oxide silver/lead/zinc story because of the processing issues, I don’t understand the lack of response to the barn burning drill results released recently from sulfide material.
Channel sample results released in late August showed silver as high as 1.13 kg per ton, 22% zinc, 3.26% lead and 12.8% copper. The in the ground value of that rock is $2284 and economic under any conditions. But channel samples don’t trump drill core. A month ago Silver Bull began to release the numbers from the first underground drill program for this year showing 294 g/t silver and 0.96% copper over 25.5 meters. That’s a still respectable $226 per ton in the ground.
In the interview just completed, we talked about what was absurdly overpriced and agreed that Tesla, Bitcoin and the S&P were all overpriced. Tesla dropped from $330 to about $300 before he could even post the interview. The S&P is a bubble in search of a handy pin and when a shit for brains company adds the words “block chain” to their name and goes up 396% as a result, you have every fool in the world fully invested in the bitcoin scam.
Not far off the results from Novo Resources and De Grey and others in the Karratha region of Western Australia are going to light up the resource market. I see that in as early as December and as late as January. Silver is going to run and eager investors are going to step up to the lottery machine and start dropping in their quarters to buy silver lottery tickets. Silver Bull is a great silver/lead/zinc story and will become very popular.
Silver Bull is an advertiser. Do your own due diligence, please.
Silver Bull Resources
SVB-T $0.11 (Nov 08, 2017) 
SVBL-NYSE 200 million shares 
Silver Bull website
###
Bob Moriarty
President: 321gold
Archives
321gold Ltd

Silver Bull having a good volume day with a a 3 1/2 cent uptick today. Just need Zonte to get a roll going and Life will be really good! LOL

More great results. I added to my position today.

They are just scratching the edges of these new structures and Barry references and intrusion that might be feeding the whole thing, probably at depth

2017-11-20 07:39 ET - News Release


Mr. Tim Barry reports

SILVER BULL INTERSECTS 9 METERS OF SULPHIDE MINERALIZATION GRADING 20.7% ZINC, 1% LEAD AND 98G/T SILVER, INCLUDING 3.65 METERS OF MASSIVE SULPHIDE MINERALIZATION GRADING 47.8% ZINC, 2.5% LEAD AND 105G/T SILVER ON THE SIERRA MOJADA PROJECT, COAHUIL

Silver Bull Resources Inc. has provided results from its continued underground drill program targeting the newly discovered sulphide zone, which sits under the previously defined oxide zone on the Sierra Mojada Project in Coahuila, Northern Mexico.

Shown in the image above are locations of historical channel samples grading >0.5% copper and 100g/t silver in relation to the sulphide zone currently being drilled. The sulphide zone sits along strike and is interpreted as the extension of a zone defined by historical underground channel samples. This defines a target over 3 kilometers in strike which is open in the east and west directions. Work is currently underway to access some of the underground workings in these areas to confirm the style and tenor of the projected extension of mineralization.

Highlights from the four holes announced in this news release include:

Hole T17010 {A –} 9 meters @ 20.7% zinc, 1.0% Lead, 98g/t silver and 0.26% copper including 3.65 meters @ 47.8% zinc, 2.5% lead, 105g/t silver and 0.26% copper from 3.55 meters to 7.2 meters. Hole T17009 {A –} 3 meters @ 537g/t silver, 3.9% zinc and 1.06% copper including 1 meter @ 1280g/t silver, 14.8% zinc and 2.3% copper from 0 meters to 1 meters.

The Sulphide Zone: A continuous underground channel sampling program conducted by Silver Bull during the month of August 2017 identified a series of east-west trending high angle structure hosting sulphide mineralization (announced in a news release on 11 September 2017). Results from the continuous channel sampling program yielded 31.5 meters grading at 22.36% zinc, 134.5g/t silver, 2.05% lead, 0.21% copper and 10.5 meters @ 432g/t silver, 1.15% zinc, 0.05% lead, 1.22% copper and is the target of the current drill program

The Drill Program: Silver Bull is utilizing a company owned Termite drill rig to test the grade, thickness, and continuity of the sulphide mineralization identified by the channel sampling program. The Termite is capable of drilling up to 100 meters of NQ diamond core and five drill stations are presently planned with more expected to be added as the drill program progresses.

Assays for the holes reported are as follows:
Hole IDHole Length (m)From (m)To (m)Interval (m)Ag (G/T)Cu (%)Pb (%)Zn (%)
T17007 51.55 No significant results
T17008 72.5 No significant results
T17009 0 3 3 537 1.06 0.05 3.9
Including 0 1 1 1280 2.3 0.09 14.8
T17010 0 9 9 98 0.26 1 20.7
Including 3.55 7.2 3.65 105 0.26 2.5 47.8

Tim Barry, President, CEO and director of Silver Bull states, "We are extremely pleased with the results from this batch of drill core. The new sulphide zone is proving to be very productive for high grade sulphide mineralization. The drilling summarized in this news release targeted the second of three steeply dipping, discreet structures we have identified in the sulphide zone. Drilling from the first structure previously announced in the news releases of holes T17001 to T17006 was dominated by high grade silver-copper sulphide mineralization grading up 1,300g/t silver and 6% copper. This second structure is dominated by extremely high zinc sulphide mineralization, grading up to 48% zinc and suggests a metal zonation in the mineralization we see at Sierra Mojada and provides very useful information in helping us vector into an intrusion, interpreted as the source of metals currently defined on the project. In addition to vectoring in on an intrusive source we can now project the mineralization we are currently drilling into the extensive channel sampling and drilling completed at the eastern end of the deposit and show a target over 3 kilometers in strike length. When you consider this, coupled with the fact we have identified three structures in this east-west trend similar in style, dip and grade of mineralization, we see some very significant immediate targets at Sierra Mojada. In addition to the drilling, work is currently underway to access some of the underground workings further east to confirm the style of mineralization."

A summary of the drill results is shown in the maps.

About the Sierra Mojada deposit: Sierra Mojada is an open pittable oxide deposit, as disclosed in the NI43-101 "Technical Report on the Resources of the Sierra Mojada Project Coahuila, Mexico" dated June 8, 2015, with a NI43-101 compliant measured and indicated "global" resource of 58.7 million tonnes grading 3.6% zinc and 50g/t silver at a $13.50 NSR cutoff giving 4.670 billion pounds of zinc and 90.8 million ounces of silver. Included within the "global" resource is a measured and indicated "high grade zinc zone" within the Lerchs-Grossman (LG) Optimized Pit of 10.03 million tonnes with an average grade of 11% zinc at a 6% cutoff, giving 2.426 billion pounds of zinc, and a measured and indicated "high grade silver zone" of 19 million tonnes with an average grade of 102.5g/t silver at a 50g/t cutoff giving 62.6 million ounces of silver. Mineralization remains open in the east, west, and northerly directions. Approximately 60% of the current 3.2 kilometer mineralized body is at or near surface before dipping at around 6 degrees to the east.

Probably from what Bob Moriarty put out at 321Gold
www.321gold.com/editorials/moriarty/moriarty110917.html