Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (7763)	11/28/2011 9:58:49 AM
From: Frankly Speaking	Read Replies (1) \| Respond to of 8273

Silver Bull Files NI43-101 Report on SEDAR For The Updated Silver Resource of The Shallow Silver Zone at The Sierra Mojada Project, Coahuila, Mexico. VANCOUVER, British Columbia, Nov. 28, 2011 /PRNewswire/ -- Silver Bull Resources, Inc. (TSX: SVB, AMEX: SVBL) ("Silver Bull") is pleased to announce further to its news release dated October 12, 2011, it has filed its updated NI43-101 Technical Report titled "Technical Report on the Sierra Mojada Silver Project, Coahuila State, Mexico" ("the Technical Report") dated November 25, 2011 on SEDAR at www.sedar.com. The Technical Report completed by SRK Consulting (Canada) Inc. represents a 45% increase in the combined inferred and indicated silver ounces at a 15 g/t cut-off for silver on the silver mineralization of the Shallow Silver Zone that were reported by Silver Bull in the NI43-101 Technical Report released in April 2011 (the "April 2011 Technical Report"). The 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: 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. 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. 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. 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.