Silver Bull drills 25.5m of 294 g/t Ag at Sierra Mojada
SILVER BULL Resources Inc. has provided the results of the first two drill holes from its underground drill program targeting high-grade structures in the newly discovered sulphide zone on the Sierra Mojada project in Coahuila, northern Mexico.
• Hole T17002 — 25.5 metres at 294 grams per tonne silver and 0.96 per cent copper including 11.5 metres at 486 g/t silver and 1.13 per cent copper from 14 metres to 25.5 metres, and which contains a smaller interval of four metres at 966 g/t silver and 2.0 per cent copper from 15 metres to 19 metres;
• Hole T17002 hit underground workings and was terminated in high-grade mineralization;
• Hole T17001 — seven metres at 121 g/t silver and 0.52 per cent copper including two metres at 376 g/t silver and 3.0 per cent copper from zero metres to two metres.
The sulphide zone
An underground geological mapping and continuous underground channel sampling program conducted by Silver Bull during the month of August identified a series of east-west-trending high-angle structure hosting sulphide mineralization (announced Sept. 11, 2017). This sulphide zone is the target of the current drill program.
The drill program Silver Bull is using 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 metres of NQ diamond core and five drill stations are presently planned, with more expected to be added as continued mapping in previously unvisited underground workings and drilling progresses.
The results from the first two holes confirm the grade and east-west continuity of the first of three structures to be drilled. It is important to note that drill hole T17002 was terminated in high-grade mineralization when it hit a previously unmapped stope.
Unlike the other structures sampled in the area, the company saw no appreciable lead or zinc in these first two drill holes and is interpreted to represent either a zoning of the metals in the system or a different pulse of sulphide mineralization all together. The drilling also confirmed the presence of a low-grade halo of silver and copper mineralization up to 10 metres wide and grading up to 90 g/t silver and 0.2 per cent copper. Two other similar east-west-trending structures have been identified in the same area 70 metres to the south and which will be the target of the company’s continued drill program.
(See SVB Table 1 on page 21)
Tim Barry, president, chief executive officer and director, stated: “We are very pleased with the first two holes of our program which confirm what we are seeing underground with our mapping. With these first drill holes we have extended the first of the three high-grade structures we plan to drill, another 25 metres to the east and it almost certainly continues as the hole was ended in high-grade mineralization due to hitting an unmapped void. This structure remains open along strike and downdip. It is also important to note that we appear to be below the oxide zone and expect to continue hitting sulphide mineralization in this area.”
We seek Safe Harbor.
Karen Baxter condensed this news release (email@example.com).
Timothy Thomas Barry, Brian Douglas Edgar, Daniel James Kunz, John Alexander McClintock
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