Silver Bull Resources' Sierra Mojada Reserves up 45%
Silver Bull Resources Inc. reported Monday that its silver reserves at a Mexican project are 45 percent higher than previously estimated.
The Vancouver-based company filed an updated technical report with regulatory authorities on its Sierra Mojada Silver Project, Coahuila State, in which the inferred and indicated silver reserves were sharply higher than a previous technical report estimated.
The new report estimates that, at a 15 gram per ton cutoff for silver, inferred plus indicated reserves in the Shallow Silver Zone are 46.31 million ounces.
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