Streetwise Reports Examines Company with Large Silver and Zinc Resource Found South of the Border


SAN FRANCISCO, Dec. 07, 2018 (GLOBE NEWSWIRE) -- Silver Bull Resources Inc. (SVB:TSX; SVBL:NYSE.MKT) , a Canada-based mineral exploration company, released an updated resource for the Sierra Mojada project, located in Coahuila, Mexico. Recent measurements showed 5.35 billion pounds of zinc and 87.4 million ounces of silver.

Company mentioned:  Silver Bull Resources Inc.

"This resource update models the mineralization defined at Sierra Mojada to zinc and silver prices realistic of the current market conditions," stated Tim Barry, president and CEO of Silver Bull. "Sierra Mojada is one of only a handful of projects with any appreciable zinc resources and is one of the largest undeveloped silver-zinc projects in Mexico. It has excellent infrastructure; it is located three hours from an international airport with a paved road right to site; it has a functioning railway right to site; runs on grid power; and it has a skilled mining work force to draw upon in the immediate local area. This resource provides excellent leverage to both zinc and silver prices and has the potential to be scaled in size depending on metal prices."

In June, Silver Bull Resources signed a joint venture with South32, a large, Australia-based miner.

CEO Tim Barry noted how aggressive South32 is in the acquisition and joint venture arena, "The company recently took out Arizona Mining of US$1.6 billion. It also formed a joint venture with a company called Trilogy in Alaska, and has numerous other projects."

Continue reading this article: Large Silver and Zinc Resource Found South of the Border

About Streetwise Reports

Streetwise Reports shares investment ideas in many sectors. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

DISCLOSURE:

The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Silver Bull Resources. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Silver Bull Resources. Please click here for more information. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Silver Bull Resources.

The full disclosure is provided at the article's end: Large Silver and Zinc Resource Found South of the Border


            

Contact Data