Silver Bull Resources, Inc is a Canadian based mineral exploration company engaged in exploring and developing the "Sierra Mojada" located in Coahuila, Mexico. The project is 100% owned and operated by Silver Bull Resources, Inc. and is part of a large land package consisting of 40 mining concessions totaling 21,167 hectares (52,305 acres), located in a historical high grade silver, lead, zinc mining district discovered in 1879. The project has a NI43-101 compliant measured and indicated Global resource of 58.7 million tonnes grading at 3.6% zinc and 50 g/t silver for 4.670 billion pounds of zinc and 90.8 million ounce of silver.
Within the Global Resource, discreet high grade zones of the silver and zinc mineralization that occur and include:
- A high grade "Zinc Zone" of 10.03 million tonnes at an average grade of 11% Zinc at a 6% cutoff for 2.426 billion pounds of zinc.
- A high grade "Silver Zone" of 19 million tonnes at an average grade of 102.5 g/t at a 50g/t cutoff for 62.6 million ounces of silver.