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Silver Bull Increases the Silver Resource of the Shallow Silver Zone at the Sierra Mojada Project, Coahuila, Mexico.
Silver Bull Increases the Silver Resource of the Shallow Silver Zone at the Sierra Mojada Projec...
About this update from Silver Bull Resources, Inc.
[{"type":"text","content":"\nSilver Bull Increases the Silver Resource of the Shallow Silver Zone at the Sierra Mojada Project, Coahuila, Mexico.\n\nSilver Bull Increases the Silver Resource of the Shallow Silver Zone at the Sierra Mojada Project, Coahuila, Mexico.\nVancouver, British Columbia CANADA, October 12, 2011 /FSC/ - Silver Bull Resources Inc.  (SVB - TSX, SVBL - Amex),is pleased to provide the results that will be reported in the updated NI43-101 Technical Report (\"the Technical Report\") currently being completed by SRK Consulting (Canada) Inc. (\"SRK\") on the silver mineralization of the \"Shallow Silver Zone\" at the Sierra Mojada Project in Coahuila, Mexico.\nThe mineral resource estimate for the Shallow Silver Zone contained in the Technical Report at an economic cutoff grade of 15 g/t of silver for resources possibly accessible by open pit mining and 70 g/t of silver resources possibly amenable to underground mining have been classified as follows:\n* An Indicated silver resource of 28.564 million tonnes at an average grade of 50.4 g/t - equivalent to 46.313 million troy ounces of silver for the silver Whittle pit.\n* An Indicated silver resource of 0.282 million tonnes at an average grade of 110.9 g/t - equivalent to 1.007 million troy ounces of silver for the Underground workings.\n* An Inferred silver resource of 9.248 million tonnes at an average grade of 44.3 g/t - equivalent to 13.188 million troy ounces of silver for the silver Whittle pit.\n* An Inferred silver resource of 0.174 million tonnes at an average grade of 117.8 g/t - equivalent to 0.661 million troy ounces of silver for the Underground workings.\nA summary of the mineral resource estimate as of at various silver cutoff grades is as follows;\n-***-\n----------------------------------------------------------------------\n                    Inside Silver Whittle Pit\n----------------------------------------------------------------------\nClass     Cut-off  Tonnage(000's)  Ag g/t   Zn %   Silver Ounces (Moz)\n----------------------------------------------------------------------\nIndicated  >70g/t          5.497    114.6&#x...