Mining News Reporter

Silver Bull Announces Private Placement of US$3 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, June 26, 2018 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (TSX:SVB) (OTCQB:SVBL) (“Silver Bull” or the “Company”) is pleased to announce its intention to complete a private placement (the “Private Placement”) of 23,100,000 units (the “Units”) of the Company at a price of US$0.13 per Unit for gross proceeds of US$3,003,000 (the “Offering”). Each Unit will consist of one common share of stock in the Company (a “Common Share”) and one half of one non-transferable Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to acquire one Common Share at a price of US$0.16 until the second anniversary of closing of the Private Placement.

Clients and affiliates of the Sprott Group of Companies are expected to participate in the Offering.

The Private Placement is expected to close on or before July 24, 2018, subject to receipt of the necessary approvals, including approval of the Toronto Stock Exchange (“TSX”).

The net proceeds of the Private Placement will be used by Silver Bull for general working capital purposes.

The Company has agreed to pay a cash commission of 7% of the gross proceeds raised by finders in the Private Placement and issue such finders that number of warrants (“Finders’ Warrants”) as is equal to 5% of the aggregate number of the Units sold by the finders, subject to approval of the TSX. Each Finders’ Warrant entitles the holder to acquire one Common Share for US$0.14 until the second anniversary of closing of the Private Placement.

Tim Barry, Silver Bull President and CEO, stated, “As announced by the Company on June 4, 2018, the Company granted South32 Limited (ASX:S32) (JSE:S32) (LSE:S32) an option to form a 70/30 joint venture with respect to its Sierra Mojada Project. Upon the closing of the Private Placement, the Company expects to be fully funded for the initial four year option period under the option agreement, provided that South32 maintains the option in good standing by advancing the requisite funding pursuant to the terms of the option agreement.”

All securities issued and issuable pursuant to the Private Placement are subject to a hold period under applicable Canadian securities laws, which will expire four months plus one day from the date of closing of the Private Placement, and U.S. securities laws, which will expire six months from the date of the closing of the Private Placement.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.

Silver Bull Grants an Option Entitling South32 to Form a 70/30 Joint Venture in the Sierra Mojada Project for an Aggregate Investment of US$100 Million

by NASDAQ LIVE FEED - Financial Buzz

VANCOUVER, British Columbia , June 04, 2018 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (TSX:SVB) (OTCQB:SVBL) (“Silver Bull”) is pleased to announce that it has signed an agreement with a wholly owned subsidiary of South32 Limited (ASX/JSE/LSE: S32) (“South32”) whereby Silver Bull has granted South32 an option to form a 70/30 joint venture with respect to Silver Bull’s Sierra Mojada project (“Project”). To maintain the option in good standing, South32 must contribute minimum exploration funding of US$10 million (“Initial Funding”) during a 4 year option period with minimum aggregate exploration funding of US$3 million, US$6 million and US$8 million to be made by the end of years 1, 2 and 3 of the option period respectively. South32 may exercise its option to subscribe for 70% of the shares of Minera Metalin S.A. De C.V. (“Metalin”), the wholly owned subsidiary of Silver Bull which holds the claims in respect of the Project, by contributing $US100 million to Metalin for Project funding, less the amount of the Initial Funding contributed by South32 during the option period.

Tim Barry, President, CEO and director of Silver Bull states, “This validates the significant success we have had in identifying high grade sulphide zones at the Sierra Mojada project. South32 is a globally diversified metals and mining company that will bring funding and significant technical expertise to the project. We believe this agreement recognizes the significant potential at the Sierra Mojada project.”

Highlights of the Agreement

Silver Bull and South32 have entered into an agreement whereby Silver Bull has granted South32 an option to subscribe for a 70% interest in Silver Bull’s Mexican subsidiary Metalin for a subscription price of US$100 million less the Initial Funding amount (the “Subscription Amount”). The Subscription Amount will be used to fund expenditure on exploration and development costs on the Project. Once the Subscription Amount has been spent on the Project the parties will each fund their pro rata portion of all future Project funding. To maintain the option in good standing South32 must spend a minimum of $US10 million over the next four years. Should South32 elect not to continue with the Project during the four year option period, the Project will remain 100% owned by Silver Bull.

The first year’s exploration program, planned to start as soon as possible, will involve a regional airborne electromagnetic survey, followed by a targeted drilling program on the Project. Initial targets will include extensions of the sulphide zones recently identified by Silver Bull and the Palomas Negros area. The exploration program will be initially managed by Silver Bull.

Option Funding Phase

To keep the option in good standing South32 will contribute a minimum of US$10 million by way of four annual tranches during the four year option period to fund exploration at the Sierra Mojada project. Provided that all the exploration data and information has been made available 60 days prior to each anniversary of the option agreement, South32 shall decide 30 days prior to the relevant anniversary whether or not to fund a further tranche.

If South32 exercises the option, the Subscription Amount shall be paid to Metalin in one tranche within sixty days. Should South32 elect to withdraw the option will lapse and South32 will have no further interest in or claim against either the Project or Metalin.

Post Option Exercise

Once the Subscription Amount has been expended by Metalin, the parties will contribute funding pro rata (70/30), as contemplated by the shareholders’ agreement which will govern the period subsequent to the option exercise (the “Shareholders’ Agreement”). The Shareholders’ Agreement provides for a Chief Executive Officer to be appointed by South32 and a board with a maximum of seven members, with each of South32 and Silver Bull appointing a proportionate number of directors.

Other Terms of the Option Agreement

In the option agreement, the parties provide representations, warranties and indemnities customary for a transaction of this nature. Silver Bull and Metalin agree to certain restrictive and affirmative covenants during the option period, including to maintain its interest in the Project, not to transfer or incur encumbrances on the Project or the shares of Metalin, other than as permitted by the agreement, and to conduct business in accordance with agreed upon budgets. Metalin will be the initial operator of the Project and provide annual reports and budgets to a technical committee formed by Silver Bull and South32 for the purpose of reviewing and approving each year’s program.

Upon exercise of the option by South32 the parties will enter into a shareholders’ agreement which will govern the affairs of Metalin. Metalin’s board shall consist of seven members, with each shareholder having an equity interest of 15% or greater in Metalin nominating a pro rata number of directors. The shareholders’ agreement sets out certain matters which require super majority approvals at the board and shareholder level, as well as certain transfer restrictions and rights of first refusal with respect to the parties’ interest in Metalin.

About the Sierra Mojada deposit: Sierra Mojada is an open pittable oxide deposit, as disclosed in the NI43-101 "Technical Report on the Resources of the Sierra Mojada Project Coahuila, Mexico" dated June 8, 2015, with a NI43-101 compliant measured and indicated "global" resource of 58.7 million tonnes grading 3.6% zinc and 50g/t silver at a $13.50 NSR cutoff giving 4.670 billion pounds of zinc and 90.8 million ounces of silver. Included within the "global" resource is a measured and indicated "high grade zinc zone" within the Lerchs-Grossman (LG) Optimized Pit of 10.03 million tonnes with an average grade of 11% zinc at a 6% cutoff, giving 2.426 billion pounds of zinc, and a measured and indicated "high grade silver zone" of 19 million tonnes with an average grade of 102.5g/t silver at a 50g/t cutoff giving 62.6 million ounces of silver. Mineralization remains open in the east, west, and northerly directions. Approximately 60% of the current 3.2 kilometer mineralized body is at or near surface before dipping at around 6 degrees to the east.

About South32: South32 is a globally diversified metals and mining company with high-quality and well maintained operations which mine and produce silver, zinc, lead, nickel, bauxite, alumina, aluminum, energy and metallurgical coal and manganese in Australia, Southern Africa and South America. More information is available at www.south32.net.

The technical information of this news release has been reviewed and approved by Tim Barry, a Chartered Professional Geologist (CPAusIMM), and a qualified person for the purposes of National Instrument 43-101.

On behalf of the Board of Directors

Silver Bull Acquires Crucial Mineral Licence In The Palomas Negros Area, With Sampling From the New Licence Grading up to 542g/t Silver, 37.95% Zinc, and 14.74% Lead at the Sierra Mojada Project, Coahuila, Mexico

VANCOUVER, British Columbia, May 02, 2018 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (TSX:SVB) (OTCQB:SVBL) (“Silver Bull”) is pleased to announce it has acquired a new mineral license in the Palomas Negros area, a prospect that lies 9 kilometers to the northwest of the main deposit at Sierra Mojada. The mineral license acquired is a 68 hectare historical mineral license that had been cancelled for many years by the Mexican mining authorities, and consequently had no official owner, but had not been released for staking until recently. The license covers an area of historical mine workings which has been followed up by Silver Bull with a channel sampling program targeting a historical 120 meter long by 25 meter wide showing continuous high grade mineralization at surface.

Highlights from the recent new license acquisition and channel sampling program include;

The recently acquired mineral license covers 13 historical mine shafts in the Palomas Negros area including a 120 meter long x 25 meter wide x 25 meter deep historical open pit.
Silver Bull’s existing mineral licenses completely surround the newly acquired mineral license which forms part of the 4 kilometer target previously identified in the Palomas Negros area.
Select results from the channel sampling program targeting the open pit include:
- Sample 25933 @ 542g/t Silver, 2.32% Zinc, 0.5% Lead, 0.01% Copper.
- Sample 25934 @ 495g/t Silver, 2.56% Zinc, 0.4% Lead, 0.01% Copper.
- Sample 25935 @ 462g/t Silver, 2.87% Zinc, 0.48% Lead.
- Sample 25901 @ 120.3g/t Silver, 37.95% Zinc, 1.14% Lead, 0.14% Copper.
- Sample 25905 @ 46g/t Silver, 36.52% Zinc, 0.22% Lead, 0.02% Copper.
- Sample 25908 @ 11.7g/t Silver, 26.31% Zinc, 0.1% Lead.
- Sample 25902 @ 95.1g/t Silver, 20.18% Zinc, 0.78% Lead, 0.12% Copper.
- Sample 25906 @ 22.2g/t Silver, 17.36% Zinc, 0.11% Lead, 0.01% Copper.
- Sample 25936 @ 396g/t Silver, 2.37% Zinc, 0.51% Lead, 0.0015% Copper.
- Sample 25929 @ 361g/t Silver, 13.55% Zinc, 1.91% Lead, 0.06% Copper.
- Sample 25913 @ 347g/t Silver, 1.76% Zinc, 3.16% Lead, 0.05% Copper.
- Sample 25940 @ 308g/t Silver, 14.58% Zinc, 1.46% Lead.
- Sample 25941 @ 288g/t Silver, 10.77% Zinc, 0.54% Lead, 0.01% Copper.
- Sample 25911 @ 261g/t Silver, 1.73% Zinc, 1.52% Lead, 0.06% Copper.
- Sample 25904 @ 225g/t Silver, 21.33% Zinc, 2.48% Lead, 0.2% Copper.
- Sample 25942 @ 218g/t Silver, 4.06% Zinc, 0.46% Lead.
- Sample 25903 @ 213g/t Silver, 13.43% Zinc, 0.42% Lead, 0.09% Copper.
- Sample 25944 @ 211g/t Silver, 10.01% Zinc, 0.9% Lead, 0.01% Copper.
- Sample 25916 @ 194.4g/t Silver, 11.48% Zinc, 6.04% Lead, 0.04% Copper.
- Sample 25943 @ 167g/t Silver, 4.72% Zinc, 0.36% Lead.
- Sample 25939 @ 157.5g/t Silver, 3.15% Zinc, 0.41% Lead.
- Sample 25937 @ 150.1g/t Silver, 2.66% Zinc, 0.28% Lead.
- Sample 25909 @ 21.7g/t Silver, 12.3% Zinc, 0.14% Lead, 0.01% Copper.
- Sample 25910 @ 41.2g/t Silver, 10.73% Zinc, 0.53% Lead, 0.03% Copper.
- Sample 25926 @ 91.1g/t Silver, 6.77% Zinc, 2.51% Lead, 0.01% Copper.
- Sample 25914 @ 68.1g/t Silver, 2.41% Zinc, 9.29% Lead, 0.04% Copper.
- Sample 25915 @ 71.8g/t Silver, 1.2% Zinc, 14.74% Lead, 0.03% Copper.
- Sample 25912 @ 74.1g/t Silver, 1.01% Zinc, 4.87% Lead, 0.02% Copper.

The channel samples outlined in this news release are from the Palomas Negros area at Sierra Mojada which lies 9 kilometers to the northwest of the main deposit. The channel samples target a historical open pit 120 meters long x 25 meters deep x 25 meters high. Continuous chip samples two meters in length were taken along the walls and floor of the pit. The purpose of the sampling program was to map the geology in the pit, and better understand the grade and controls on the mineralization. A total of 45 channel samples were taken. Fourteen (14) samples recorded values over 10% zinc with a peak value of 37.95% zinc, thirteen (13) samples recorded values over 200g/t silver with a peak value of 542g/t silver, and twelve (12) samples recorded values over 1% lead with a peak value of 14.74% lead. A summary of the results are shown in the table below.

Sample ID	Interval (m)	Silver (g/t)	Zinc (%)	Lead (%)	Copper (%)
25901	2	120	37.95	1.14	0.14
25902	2	95	20.18	0.78	0.12
25903	2	213	13.43	0.42	0.09
25904	2	225	21.33	2.48	0.22
25905	2	46	36.52	0.22	0.02
25906	2	22	17.36	0.11	0.01
25907	2	16	6.73	0.06	0.00
25908	2	12	26.31	0.10	0.00
25909	2	22	12.30	0.14	0.01
25910	2	41	10.73	0.53	0.04
25911	2	261	1.73	1.52	0.06
25912	2	74	1.01	4.87	0.02
25913	2	347	1.76	3.16	0.05
25914	2	68	2.41	9.29	0.04
25915	2	72	1.20	14.74	0.03
25916	2	194	11.48	6.04	0.04
25917	2	20	0.36	0.04	0.01
25918	2	44	0.21	0.05	0.02
25919	2	51	0.21	0.05	0.04
25920	2	10	0.33	0.03	0.02
25921	2	40	0.90	0.15	0.03
25922	2	29	0.46	0.09	0.02
25923	2	46	1.10	0.24	0.03
25924	2	136	4.49	1.12	0.01
25925	2	57	3.26	0.50	0.01
25926	2	91	6.77	2.51	0.01
25927	2	96	1.77	0.29	0.00
25928	2	120	2.37	0.20	0.03
25929	2	361	13.55	1.91	0.06
25930	2	85	4.76	0.69	0.01
25931	2	41	1.50	0.15	0.00
25932	2	102	5.35	0.71	0.01
25933	2	542	2.32	0.50	0.01
25934	2	495	2.56	0.40	0.01
25935	2	462	2.87	0.48	0.00
25936	2	396	2.37	0.51	0.00
25937	2	150	2.66	0.28	0.00
25938	2	83	1.18	0.11	0.00
25939	2	158	3.15	0.41	0.00
25940	2	308	14.58	1.46	0.00
25941	2	288	10.77	0.54	0.01
25942	2	218	4.06	0.46	0.00
25943	2	167	4.72	0.36	0.00
25944	2	211	10.01	0.90	0.01
25945	2	86	5.54	0.94	0.01

The Drill Program: Silver Bull is utilizing a company owned Termite drill rig to target the sulphide mineralization. The Termite is capable of drilling up to 100 meters of NQ diamond core and five drill stations are presently planned with more expected to be added as the drill program progresses.

Tim Barry, President, CEO and director of Silver Bull states, “It is a huge step forward for the company to acquire this key mineral license in the Palomas Negros area. The mineralization we see at Palomas Negros has very strong analogies to the mineralization we see at Sierra Mojada and is dominated by high grade silver and zinc with lesser lead and copper. Although the continuity and size of the mineralization at Palomas Negros is yet to be determined, the consistent high grade mineralization identified by the channel sampling program in the open pit is extremely encouraging. We see the potential at Sierra Mojada for multiple deposits along the same trend. Our intention is to continue our step out drilling targeting the high grade sulphide mineralization on the main deposit at Sierra Mojada, as well as build up a number of near term drill targets at Palomas Negros for testing later in the year. We now effectively have two high quality projects in the same area.

The drilling on the sulphide zone at the main deposit is currently halted whilst we recondition a number of the workings. We are using a company owned termite drill rig to target the extensions to the sulphide zone recently identified from underground, a method which is proving to be extremely efficient and cost effective. We expect to re commence drilling shortly.”

About the Sierra Mojada deposit: Sierra Mojada is an open pittable oxide deposit with a NI43-101 compliant measured and indicated “global” resource of 58.7 million tonnes grading 3.6% zinc and 50g/t silver at a $13.50 NSR cutoff giving 4.670 billion pounds of zinc and 90.8 million ounces of silver. Including within the “global” resource is a “high grade zinc zone” of 10.03 million tonnes with an average grade of 11% zinc at a 6% cutoff, giving 2.426 billion pounds of zinc, and a “high grade silver zone” of 19 million tonnes with an average grade of 102.5g/t silver at a 50g/t cutoff giving 62.6 million ounces of silver. Mineralization remains open in the east, west, and northerly directions. Approximately 60% of the current 3.2 kilometer mineralized body is at or near surface before dipping at around 6 degrees to the east.

A rigorous procedure is in place regarding sample collection, chain of custody and data entry. Certified standards and blanks, as well as duplicate samples are routinely inserted into all sample shipments to ensure integrity of the assay process.

On behalf of the Board of Directors

Silver Bull Announces Voting Results From 2018 Annual Shareholder Meeting

VANCOUVER, British Columbia, April 20, 2018 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (TSX:SVB) (OTCQB:SVBL) (“Silver Bull” or the ”Company”) is pleased to announce the detailed voting results on the items of business considered at its Annual General Meeting of Shareholders held on April 19, 2018 (the “Meeting”). A total of 97,611,450 or 48.66% of the Company’s issued and outstanding shares were represented at the Meeting. The following nominees, as listed in Silver Bull’s Management Information Circular, were re-elected as directors of the Company.

Director	Votes For	%	Withheld Votes	%
Timothy Barry	45,785,204	96.24%	1,790,459	3.76%
Brian Edgar	46,277,904	97.27%	1,297,759	2.73%
Daniel Kunz	46,233,954	97.18%	1,341,709	2.82%
John McClintock	46,235,954	97.18%	1,339,709	2.82%

Silver Bull is pleased to announce that the Shareholders have ratified and approved the appointment of Smythe LLP, as auditors of the Company (91,342,467 or 93.58% voted “For”, 2,251,299 or 2.31% voted “Against” and 4,017,684 or 4.11% abstained from voting) until the next annual meeting of shareholders or until their successor is appointed, at a remuneration to be fixed by the Company’s directors.

The Shareholders voted to approve, on a non-binding advisory basis, the Company’s executive compensation package (44,009,961 or 92.51% voted “For”, 3,016,841 or 6.34% voted “Against”, and 548,861 or 1.15% abstained from voting).

Full details of all proposals are fully described in the Company’s Management Information Circular available on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov.

About Silver Bull: Silver Bull is a mineral exploration company whose shares are listed on the Toronto Stock Exchange and trade on the OTCQB in the United States, and is based out of Vancouver, Canada. The “Sierra Mojada” project is located 150 kilometers north of the city of Torreon in Coahuila, Mexico, and is highly prospective for silver and zinc.

On behalf of the Board of Directors

Silver Bull Intersects 10 Meters of Sulphide Mineralization Grading 347g/t Silver, 20.7% Zinc, 1.35% Lead & 1.25% Copper, on the Sierra Mojada Project, Coahuila, Mexico

VANCOUVER, British Columbia, March 14, 2018 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (TSX:SVB) (OTCQB:SVBL) (“Silver Bull”) is pleased to provide results of the final three drill holes from the first zone of the underground drill program targeting the newly discovered Sulphide Zone, which sits under the previously defined oxide zone on the Sierra Mojada Project in Coahuila, Northern Mexico.


	Location of the new sulphide zone of mineralization in relation to the previously defined oxide 43-101 resource previously defined at Sierra Mojada. This new zone will be the initial target of the planned drill program.


	Summary of the drill holes announced to date. This news release focuses on drill holes T17023-T17025. A selection of holes previously announced is also shown for reference.

Location of the new sulphide zone identified through the reconditioning of 350 meters of new underground workings (announced on 10 January 2018) in relation to the area of sulphide mineralization drilled in 2017 and hole B11144, which intersected 8.45 meters @ 17% Zinc, 5.45% lead, and 60g/t silver. All known sulphide occurrences are located in an east-west trending chargeability high identified in an Induced Polarization geophysics survey. This geophysics anomaly is over 1.4 kilometers in length and is open to the west. These new areas will be the target of the next phase of underground drilling in this area.

Highlights from the three holes announced in this news release include:

Hole T17023 – 10 meters @ 347g/t silver, 20.7% zinc, 1.25% copper, and 1.35% lead.
Hole T17024 – 3 meters @ 303g/t silver, 20.1% zinc, 1.53% copper, and 1.18% lead.
Hole T17025 – 1 meters @ 127g/t silver, 21.1% zinc, 0.29% copper, and 3.14% lead.

The Sulphide Zone: A continuous underground channel sampling program conducted by Silver Bull during the month of August 2017 identified a series of east-west trending high angle structure hosting sulphide mineralization (announced in a news release on 11 September 2017). Results from the continuous channel sampling program yielded 31.5 meters grading at 22.36% zinc, 134.5g/t silver, 2.05% lead, 0.21% copper and 10.5 meters @ 432g/t silver, 1.15% zinc, 0.05% lead, and 1.22% copper and is the target of the current drill program.

The Drill Program: For the drill program Silver Bull is utilizing a company owned Termite drill rig which aims 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 meters of NQ diamond core and five drill stations are presently planned with more expected to be added as the drill program progresses.

Hole ID	Hole Length (m)	From (m)	To (m)	Intercept length (m)	Ag (g/t)	Zn (%)	Cu (%)	Pb (%)
T17023	20.8	0	10	10	347	20.7	1.25	1.35
T17024	21.45	0	3	3	303.7	20.1	1.53	1.18
T17025	35.55	0	1	1	127	21.1	0.29	3.14

Tim Barry, President, CEO and director of Silver Bull states, “We have identified two distinct zones of high grade sulphide mineralization that are 4 to 5 meters in width and trend in a roughly E-W direction. Our recent drilling has extended these two zones to over 150 meters each along strike. The zone to the north is dominated by high grade silver, up to 1,300g/t and high grade copper up to 3.3%, whilst the zone to the south has, in addition to high grade silver and copper, high grade zinc grading over 20%. This is interpreted to represent a zonation of metals in the deposit. In addition to the area recently drilled we have opened up an additional 350 meters of historical workings along the east-west trend of the sulphide mineralization which was announced in January 2018. This channel sampling program clearly shows the continuation of high grade mineralization towards the west. Our underground geological mapping of this area shows a number of high angle structures up to 2 meters wide containing sulphide mineralization grading up to 1,300 grams per ton silver, 42% zinc, 18% lead, and 13% copper that appear to feed into the overlying oxide zone. This will be the next target of our drill program in this area”.

A summary of the results are shown in the maps below.

Figure 1: http://www.globenewswire.com/NewsRoom/AttachmentNg/a68f71ab-1399-4afe-9eff-d20271e9462c

Figure 2: http://www.globenewswire.com/NewsRoom/AttachmentNg/5e87ebc4-2342-4f1e-b7eb-a69f4584f3f2

Figure 3: http://www.globenewswire.com/NewsRoom/AttachmentNg/86815921-998a-4f1b-9b64-94175954a8b3

Sample Analysis and QA/QC: All samples have been analyzed at ALS Chemex in North Vancouver, BC, Canada. Samples are first tested with the "ME-ICP41m" procedure which analyzes for 35 elements using a near total aqua regia digestion. Samples with silver values above 100ppm are re-analyzed using the Ag-GRA21 procedure which is a fire assay with a gravimetric finish. Samples with zinc, lead, and copper values above 10,000ppm (1%) are re-analyzed using the AA46 procedure which is a near total aqua regia digestion with an atomic absorption finish.

A rigorous procedure is in place regarding sample collection, chain of custody and data entry. Certified standards and blanks, as well as duplicate samples are routinely inserted into all sample shipments to ensure integrity of the assay process.

About Silver Bull: Silver Bull is a mineral exploration company whose shares are listed on the Toronto Stock Exchange and trade on the OTCQB in the United States, and is based out of Vancouver, Canada. The "Sierra Mojada" project is located 150 kilometers north of the city of Torreon in Coahuila, Mexico, and is highly prospective for silver and zinc.

The technical information of this news release has been reviewed and approved by Tim Barry, a Chartered Professional Geologist (CPAusIMM), and a qualified person for the purposes of National Instrument 43-101.

On behalf of the Board of Directors

"Tim Barry"

Tim Barry, CPAusIMM
Chief Executive Officer, President and Director

INVESTOR RELATIONS:
+1 604 687 5800
info@silverbullresources.com

Cautionary Note to U.S. Investors concerning estimates of Measured, Indicated, and Inferred Resources: This press release uses the terms "measured resources", "indicated resources", and "inferred resources" which are defined in, and required to be disclosed by, NI 43-101. We advise U.S. investors that these terms are not recognized by the United States Securities and Exchange Commission (the "SEC"). The estimation of measured, indicated and inferred resources involves greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves. U.S. investors are cautioned not to assume that measured and indicated mineral resources will be converted into reserves. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources. U.S. investors are cautioned not to assume that estimates of inferred mineral resources exist, are economically minable, or will be upgraded into measured or indicated mineral resources. Under Canadian securities laws, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies.

Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations, however the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures. Accordingly, the information contained in this press release may not be comparable to similar information made public by U.S. companies that are not subject NI 43-101.

Cautionary note regarding forward looking statements: This news release contains forward-looking statements regarding future events and Silver Bull's future results that are subject to the safe harbors created under the U.S. Private Securities Litigation Reform Act of 1995, the Securities Act of 1933, as amended (the "Securities Act"), and the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and applicable Canadian securities laws. Forward-looking statements include, among others, statements regarding the planned drill program and the continuation of high grade mineralization to the west. These statements are based on current expectations, estimates, forecasts, and projections about Silver Bull's exploration projects, the industry in which Silver Bull operates and the beliefs and assumptions of Silver Bull's management. Words such as "expects," "anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," "continues," "may," variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements. Forward-looking statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control, including such factors as the results of exploration activities and whether the results continue to support continued exploration activities, unexpected variations in ore grade, types and metallurgy, volatility and level of commodity prices, the availability of sufficient future financing, and other matters discussed under the caption "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended October 31, 2017, as amended, and our other periodic and current reports filed with the SEC and available on www.sec.gov and with the Canadian securities commissions available on www.sedar.com. Readers are cautioned that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those expressed or implied in the forward-looking statements. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

ilver Bull Intersects 6 Meters of Sulphide Mineralization Grading 802g/t Silver, 5.87% Zinc & 3.3% Copper, on the Sierra Mojada Project, Coahuila, Mexico

VANCOUVER, British Columbia, Feb. 21, 2018 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (TSX:SVB) (OTCQB:SVBL) (“Silver Bull”) is pleased to provide results of 7 drill holes from its continued underground drill program targeting the newly discovered Sulphide Zone, which sits under the previously defined oxide zone on the Sierra Mojada Project in Coahuila, Northern Mexico.


	Location of the new sulphide zone of mineralization in relation to the previously defined oxide 43-101 resource previously defined at Sierra Mojada. This new zone will be the initial target of the planned drill program.


	Summary of the drill holes announced to date. This news release focuses on drill holes T17016-T17022. A selection of holes previously announced is also shown for reference.


	Cross section through drill holes T17010 and T17019-T17022. Very clearly the high grade zinc-silver-copper sulphide mineralization which can be seen sitting underneath the NI43-101 compliant oxide resource (shown in blue) and which appears to feed up into the oxide zone. Mineralization remains open along strike and down dip.

Highlights from the seven holes announced in this news release include:

Hole T17022 – 6 meters @ 802g/t silver, 5.87% zinc, 3.3% copper, and 0.54% lead.
Hole T17019 – 2 meters @ 1,300g/t silver, 13.52% zinc, 3.87% copper, and 2.95% lead.
Hole T17021 – 6 meters @ 5.8% zinc, and 0.47% copper.

Hole ID	Hole Length (m)	From (m)	To (m)	Intercept length (m)	Ag (g/t)	Zn (%)	Cu (%)	Pb (%)
T17016	73.1	no significant results
T17017	20.05	12	14	2	70	0.06	0.25	0.043
T17018	60	no significant results
T17019	57.25	0	2	2	1300	13.52	3.87	2.95
T17020	74.8	2	6	4	10	4.27	0.044	0.029
T17021	40.2	0	6	6	6	5.8	0.47	0.07
T17022	34.3	0	6	6	802	5.87	3.3	0.54

Tim Barry, President, CEO and director of Silver Bull states, “We are extremely pleased with the results from this batch of drilling. The new sulphide zone is proving to be very productive for high grade sulphide mineralization. The drilling summarized in this news release targeted the second of three steeply dipping, discreet structures we have identified in the sulphide zone. Drilling from the first structure announced in the previous news releases of holes T17001 to T17014 were dominated by high grade silver-copper sulphide mineralization grading up 1,300g/t silver and 6% copper. A second structure defined by holes T17010 and T17018 to T17022 is dominated by extremely high zinc sulphide mineralization, grading up to 48% zinc and suggests a metal zonation in the mineralization. In addition to the area currently being drilled we have opened up an additional 350 meters of historical workings along the east-west trend of the sulphide mineralization which was announced in January 2018. This channel sampling program clearly shows the continuation of high grade mineralization towards the west. Our underground geological mapping of this area shows a number of high angle structures up to 2 meters wide containing sulphide mineralization grading up to 1,300 grams per ton silver, 42% zinc, 18% lead, and 13% copper that appear to feed into the overlying oxide zone. This will be the next target of our drill program in this area.”

A summary of the results are shown in the maps below.

Figure 1: http://www.globenewswire.com/NewsRoom/AttachmentNg/5e1ebc22-e13c-4ec8-8641-82108ae2ace0

Figure 2: http://www.globenewswire.com/NewsRoom/AttachmentNg/bb5bb44a-1a49-4728-80ca-c81f1d735b65

Figure 3: http://www.globenewswire.com/NewsRoom/AttachmentNg/4ffa3b06-2fa9-4552-b107-942ef810adf9

Figure 4: http://www.globenewswire.com/NewsRoom/AttachmentNg/049764b2-0cf8-40f6-a227-053ffd3317e6

On behalf of the Board of Directors

"Tim Barry"

Tim Barry, CPAusIMM
Chief Executive Officer, President and Director

INVESTOR RELATIONS:
+1 604 687 5800
info@silverbullresources.com

Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations, however the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures. Accordingly, the information contained in this press release may not be comparable to similar information made public by U.S. companies that are not subject NI 43-101.

Cautionary note regarding forward looking statements: This news release contains forward-looking statements regarding future events and Silver Bull's future results that are subject to the safe harbors created under the U.S. Private Securities Litigation Reform Act of 1995, the Securities Act of 1933, as amended (the "Securities Act"), and the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and applicable Canadian securities laws. Forward-looking statements include, among others, statements regarding the planned drill program and ability to identify additional high grade sulphide mineralization. These statements are based on current expectations, estimates, forecasts, and projections about Silver Bull's exploration projects, the industry in which Silver Bull operates and the beliefs and assumptions of Silver Bull's management. Words such as "expects," "anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," "continues," "may," variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements. Forward-looking statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control, including such factors as the results of exploration activities and whether the results continue to support continued exploration activities, unexpected variations in ore grade, types and metallurgy, volatility and level of commodity prices, the availability of sufficient future financing, and other matters discussed under the caption "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended October 31, 2017, as amended, and our other periodic and current reports filed with the SEC and available on www.sec.gov and with the Canadian securities commissions available on www.sedar.com. Readers are cautioned that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those expressed or implied in the forward-looking statements. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Silver Bull Intersects 17 Meters of Sulphide Mineralization Grading 301g/t Silver & 1.75% Copper, Including 4 Meters at 502g/t Silver and 2.14% Copper, on the Sierra Mojada Project, Coahuila, Mexico

VANCOUVER, British Columbia, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (TSX:SVB) (OTCQB:SVBL) (“Silver Bull”) is pleased to provide results of 5 drill holes from its continued underground drill program targeting the newly discovered Sulphide Zone, which sits under the previously defined oxide zone on the Sierra Mojada Project in Coahuila, Northern Mexico.


	Location of the new sulphide zone of mineralization in relation to the previously defined oxide 43-101 resource previously defined at Sierra Mojada. This new zone will be the initial target of the planned drill program.


	Summary of the drill holes announced to date. This news release focuses on drill holes T17011-T17015.


	Plan view of the drill holes targeting the high grade silver-copper mineralization. The drilling is very clearly defining a high grade silver-copper zone that is open to the NW and SE and down dip (see cross section of this zone in Figure 4) and presently has a mineralized strike of 80 meters.


	Cross section through drill holes T17001-T17014. Very clearly the high grade silver-copper mineralization can be seen sitting underneath the NI43-101 compliant oxide resource (shown in blue) and appears to feed up into the oxide zone. Mineralization remains open along strike and down dip.

Highlights from the five holes announced in this news release include:

Hole T17013 – 17 meters @ 301g/t silver and 1.75% copper including 4 meters @ 502g/t silver and 2.14% copper.
Hole T17014 – 7.1 meters @ 163g/t silver and 0.57% copper & 1.7 meters @ 197g/t silver and 1.27% copper. Hole hit historical workings and was terminated
Hole T17015 – 1 meter @ 312g/t silver and 1.83% copper at 67 meters at the end of the hole. The hole hit historical workings and was terminated

The Sulphide Zone: A continuous underground channel sampling program conducted by Silver Bull during the month of August 2017 identified a series of east-west trending high angle structure hosting sulphide mineralization (announced in a news release on 11 September 2017). Results from the continuous channel sampling program yielded 31.5 meters grading at 22.36% zinc, 134.5g/t silver, 2.05% lead, 0.21% copper and 10.5 meters @ 432g/t silver, 1.15% zinc, 0.05% lead, 1.22% and is the target of the current drill program.

The Drill Program: Silver Bull is utilizing a company owned Termite drill rig which aims 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 meters of NQ diamond core and five drill stations are presently planned with more expected to be added as the drill program progresses.

Assays for the holes reported are as follows:


Hole ID	Hole Length (m)	From	To	Interval	Ag (G/T)	Cu (%)	Comments
T17011	39.65	No significant results
T17012	43.75	No significant results
T17013	40.5	0	17	17	301	1.75	Includes 4 meters @ 502g/t Silver and 2.14% copper
T17014	31.7	0	7.1	7.1	163	0.57
T17014	31.7	30	31.7	1.7	197	1.27	Hole hit old workings – ended in mineralization
T17015	70.25	66	67	1	312	1.83	Hole hit old workings – ended in mineralization

Tim Barry, President, CEO and director of Silver Bull states, “We are very pleased with the continued excellent results from our underground drill program in the sulphide zone. The high grade silver-copper mineralization seems to be hosted along favorable bedding horizons that have been steepened by an over lying thrust fault. Both the thrust fault and the favorable bedding horizons can be traced for over 5 kilometers along the entire deposit and suggests there is significant potential to expand the high grade silver-copper mineralization by targeting these geological features. In addition recent channel samples in two new zones of very high grade zinc sulphide mineralization grading up to 30% zinc identified in recently reconditioned underground workings sit along trend to the west of the current drill program (announced 10 January 2018) and suggest significant scope to expand high grade zinc mineralization into this areas. Work is currently underway to identify drill pads to target these areas. Continued results from the drill program are expected out over the next month.”

On behalf of the Board of Directors

"Tim Barry"

Tim Barry, CPAusIMM
Chief Executive Officer, President and Director

INVESTOR RELATIONS:
+1 604 687 5800
info@silverbullresources.com

Cautionary note regarding forward looking statements: This news release contains forward-looking statements regarding future events and Silver Bull's future results that are subject to the safe harbors created under the U.S. Private Securities Litigation Reform Act of 1995, the Securities Act of 1933, as amended (the "Securities Act"), and the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and applicable Canadian securities laws. Forward-looking statements include, among others, statements regarding the planned drill program and ability to expand the high grade silver-copper mineralization and high grade zinc mineralization. These statements are based on current expectations, estimates, forecasts, and projections about Silver Bull's exploration projects, the industry in which Silver Bull operates and the beliefs and assumptions of Silver Bull's management. Words such as "expects," "anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," "continues," "may," variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements. Forward-looking statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control, including such factors as the results of exploration activities and whether the results continue to support continued exploration activities, unexpected variations in ore grade, types and metallurgy, volatility and level of commodity prices, the availability of sufficient future financing, and other matters discussed under the caption "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended October 31, 2017, as amended, and our other periodic and current reports filed with the SEC and available on www.sec.gov and with the Canadian securities commissions available on www.sedar.com. Readers are cautioned that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those expressed or implied in the forward-looking statements. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Silver Bull Intersects 9 Meters of Sulphide Mineralization Grading 20.7% Zinc, 1% Lead and 98g/t Silver, Including 3.65 Meters of Massive Sulphide Mineralization Grading 47.8% Zinc, 2.5% Lead and 105g/t Silver on the Sierra Mojada Project, Coahuila, Mexico

VANCOUVER, British Columbia, Nov. 20, 2017 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (TSX:SVB) (OTCQB:SVBL) (“Silver Bull”) is pleased to provide results from its continued underground drill program targeting the newly discovered Sulphide Zone, which sits under the previously defined oxide zone on the Sierra Mojada Project in Coahuila, Northern Mexico.


	Location of the new sulphide zone of mineralization in relation to the previously defined oxide 43-101 resource previously defined at Sierra Mojada. This new zone will be the initial target of the planned drill program.


	Summary of the drill holes drilled to date. This news release focuses on drill holes T17007-T17010.


	Location map of the channel samples in relation to the surveyed underground workings and mapped zones of mineralization. Also shown are the planned sites for the drill program currently underway.


	Figure 4

Shown in the image above are locations of historical channel samples grading >0.5% copper and 100g/t silver in relation to the sulphide zone currently being drilled. The sulphide zone sits along strike and is interpreted as the extension of a zone defined by historical underground channel samples. This defines a target over 3 kilometers in strike which is open in the east and west directions. Work is currently underway to access some of the underground workings in these areas to confirm the style and tenor of the projected extension of mineralization.

Photos accompanying this announcement are available at:
http://www.globenewswire.com/NewsRoom/AttachmentNg/898ff101-dbae-4338-9e32-41f50445102c
http://www.globenewswire.com/NewsRoom/AttachmentNg/3a410ceb-2a2a-4614-9c02-b34baebe14a9
http://www.globenewswire.com/NewsRoom/AttachmentNg/58a3f3de-3282-4f83-9647-18dcc1b72ea6
http://www.globenewswire.com/NewsRoom/AttachmentNg/8b2171e8-1eee-40a5-bd9e-c6b04acbe7d3
http://www.globenewswire.com/NewsRoom/AttachmentNg/b34a7872-8f74-4d32-aef6-d6d53a0751ca

Highlights from the four holes announced in this news release include:

Hole T17010 – 9 meters @ 20.7% zinc, 1.0% Lead, 98g/t silver and 0.26% copper including 3.65 meters @ 47.8% zinc, 2.5% lead, 105g/t silver and 0.26% copper from 3.55 meters to 7.2 meters.
Hole T17009 – 3 meters @ 537g/t silver, 3.9% zinc and 1.06% copper including 1 meter @ 1280g/t silver, 14.8% zinc and 2.3% copper from 0 meters to 1 meters.

The Sulphide Zone: A continuous underground channel sampling program conducted by Silver Bull during the month of August 2017 identified a series of east-west trending high angle structure hosting sulphide mineralization (announced in a news release on 11 September 2017). Results from the continuous channel sampling program yielded 31.5 meters grading at 22.36% zinc, 134.5g/t silver, 2.05% lead, 0.21% copper and 10.5 meters @ 432g/t silver, 1.15% zinc, 0.05% lead, 1.22% copper and is the target of the current drill program

The Drill Program: Silver Bull is utilizing 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 meters of NQ diamond core and five drill stations are presently planned with more expected to be added as the drill program progresses.

Assays for the holes reported are as follows:

Hole ID	Hole Length (m)	From (m)	To (m)	Interval (m)	Ag (G/T)	Cu (%)	Pb (%)	Zn (%)
T17007	51.55	No significant results
T17008	72.5	No significant results
T17009		0	3	3	537	1.06	0.05	3.9
Including		0	1	1	1280	2.3	0.09	14.8
T17010		0	9	9	98	0.26	1	20.7
Including		3.55	7.2	3.65	105	0.26	2.5	47.8

Tim Barry, President, CEO and director of Silver Bull states, “We are extremely pleased with the results from this batch of drill core. The new sulphide zone is proving to be very productive for high grade sulphide mineralization. The drilling summarized in this news release targeted the second of three steeply dipping, discreet structures we have identified in the sulphide zone. Drilling from the first structure previously announced in the news releases of holes T17001 to T17006 was dominated by high grade silver-copper sulphide mineralization grading up 1,300g/t silver and 6% copper. This second structure is dominated by extremely high zinc sulphide mineralization, grading up to 48% zinc and suggests a metal zonation in the mineralization we see at Sierra Mojada and provides very useful information in helping us vector into an intrusion, interpreted as the source of metals currently defined on the project. In addition to vectoring in on an intrusive source we can now project the mineralization we are currently drilling into the extensive channel sampling and drilling completed at the eastern end of the deposit and show a target over 3 kilometers in strike length. When you consider this, coupled with the fact we have identified three structures in this east-west trend similar in style, dip and grade of mineralization, we see some very significant immediate targets at Sierra Mojada. In addition to the drilling, work is currently underway to access some of the underground workings further east to confirm the style of mineralization.”

A summary of the drill results is shown in the maps.

On behalf of the Board of Directors

"Tim Barry"

Tim Barry, CPAusIMM
Chief Executive Officer, President and Director

INVESTOR RELATIONS:

Silver Bull Intersects 16 Meters of Sulphide Mineralization Grading 396g/t Silver & 1.61% Copper, Including 6 Meters Grading 610g/t Silver & 1.12% Copper on the Sierra Mojada Project, Coahuila, Mexico

VANCOUVER, British Columbia, Nov. 15, 2017 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (TSX:SVB) (OTCQB:SVBL) (“Silver Bull”) is pleased to provide results from its continued underground drill program targeting the newly discovered Sulphide Zone, which sits under the previously defined oxide zone on the Sierra Mojada Project in Coahuila, Northern Mexico.

Highlights from the four holes announced in this news release include:

Hole T17003 – 16 meters @ 396g/t silver and 1.61% copper including 5 meters @ 379g/t silver and 3.25% copper from 0 meters to 5 meters, and 6 meters @ 610g/t silver and 1.12% copper from 10 meters to 16 meters.
Hole T17004 – 7 meters @ 370g/t silver and 0.85% copper. Hole hit historical workings and was terminated
Hole T17006 – 4.8 meters @ 352g/t silver and 0.58% copper. Hole hit historical workings and was terminated

The Sulphide Zone: A continuous underground channel sampling program conducted by Silver Bull during the month of August 2017 identified a series of east-west trending high angle structure hosting sulphide mineralization (announced in a news release on 11 September 2017). Results from the continuous channel sampling program yielded 31.5 meters grading at 22.36% zinc, 134.5g/t silver, 2.05% lead, 0.21% copper and 10.5 meters @ 432g/t silver, 1.15% zinc, 0.05% lead, 1.22% copper and is the target of the current drill program

Assays for the holes are as follows: CLICK HERE

Tim Barry, President, CEO and director of Silver Bull states, “The results from this batch of drilling in the sulphide zone are exceptional. The consistent high grade silver-copper mineralization we see in this particular area is hosted along a steeply dipping fault and remains open down dip and in the east and west directions. From what we now know, it has also become apparent that this zone is severely underrepresented in historic drilling as the historic surface drill holes in this area are vertical, meaning that unless they were drilled directly down the steeply dipping structures we are currently defining, any drilling in this area would have completely missed these very high grade zones. As we understand more about this area we can now project the mineralization into the extensive channel sampling and drilling completed at the eastern end of the deposit and show a target over 3 kilometers in strike length. When you consider this, coupled with the fact we have identified at least two other structures similar in grade of mineralization, dip and orientation, it presents a very significant target and only adds to the sulphide story at Sierra Mojada. In addition to the drilling, work is currently underway to access some of the underground workings further east to confirm the style of mineralization.”

A summary of the results are shown in the maps below.

Figure 1: http://www.globenewswire.com/NewsRoom/AttachmentNg/50ba4136-6338-407d-bdb0-a9ab21e03740

Figure 2: http://www.globenewswire.com/NewsRoom/AttachmentNg/786e9035-8b12-4494-857f-92a92b7a4b34

Figure 3: http://www.globenewswire.com/NewsRoom/AttachmentNg/1b6c7ec2-3acc-4365-8779-308377233019

Figure 4: http://www.globenewswire.com/NewsRoom/AttachmentNg/a71517ed-aeab-47c3-8acc-08431a01b692

Figure 5: http://www.globenewswire.com/NewsRoom/AttachmentNg/359e6f4c-dfc9-4083-b6d3-b5e68707c51c

Sample Analysis and QA/QC: All samples will be analyzed at Bureau Veritas in Vancouver, BC, Canada. Samples will be first tested with the "MA300" procedure which analyzes for 36 elements using a 4 acid digestion. Samples with silver values above 100ppm are re-analyzed using the FA350 procedure which is a fire assay with a gravimetric finish. Samples with zinc, lead, and copper values above 10,000ppm (1%) are re-analyzed using the AR402 procedure which is a near total aqua regia digestion.

A rigorous procedure is in place regarding sample collection, chain of custody and data entry. Certified standards and blanks, as well as duplicate samples are routinely inserted into sample shipments to ensure integrity of the assay process.

Cautionary Note to U.S. Investors concerning estimates of Measured, Indicated, and Inferred Resources: This press release uses the terms "measured resources", "indicated resources", and "inferred resources" which are defined in, and required to be disclosed by, NI 43-101. We advise U.S. investors that these terms are not recognized by the United States Securities and Exchange Commission (the "SEC"). The estimation of measured, indicated and inferred resources involves greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves. U.S. investors are cautioned not to assume that measured and indicated mineral resources will be converted into reserves. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources. U.S. investors are cautioned not to assume that estimates of inferred mineral resources exist, are economically minable, or will be upgraded into measured or indicated mineral resources. Under Canadian securities laws, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies.

Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations, however the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in place tonnage and grade without reference to unit measures. Accordingly, the information contained in this press release may not be comparable to similar information made public by U.S. companies that are not subject NI 43-101.

Cautionary note regarding forward looking statements: This news release contains forward-looking statements regarding future events and Silver Bull's future results that are subject to the safe harbors created under the U.S. Private Securities Litigation Reform Act of 1995, the Securities Act of 1933, as amended (the "Securities Act"), and the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and applicable Canadian securities laws. Forward-looking statements include, among others, statements regarding the planned drill program, ability to add additional drill stations and expectations to continue hitting sulphide mineralization. These statements are based on current expectations, estimates, forecasts, and projections about Silver Bull's exploration projects, the industry in which Silver Bull operates and the beliefs and assumptions of Silver Bull's management. Words such as "expects," "anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," "continues," "may," variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements. Forward-looking statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control, including such factors as the results of exploration activities and whether the results continue to support continued exploration activities, unexpected variations in ore grade, types and metallurgy, volatility and level of commodity prices, the availability of sufficient future financing, and other matters discussed under the caption "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended October 31, 2016, as amended, and our other periodic and current reports filed with the SEC and available on www.sec.gov and with the Canadian securities commissions available on www.sedar.com. Readers are cautioned that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those expressed or implied in the forward-looking statements. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

About MiningNewsReporter.com :

MiningNewsReporter.com is a subsidiary of Target Publishing Inc, and is a leading publisher of todays market and investment news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the financial markets and global economies. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications, market exposure and investment. We have been paid cash only for this report . We do not take shares in payment for our work .

A complete disclaimer can be viewed HERE