Vancouver, British Columbia – Silver Bull Resources, Inc. (OTCQB: SVBL, TSX: SVB) (“Silver Bull”) announces the termination of the option agreement with a wholly-owned subsidiary of South32 Limited (“South32”) at the Sierra Mojada project located in Coahuila, Mexico. The Sierra Mojada project has been illegally blockaded (see news release from September 30, 2019) and thus there has been an inability to progress investment in exploration activities.
Tim Barry, CEO commented, “While we are disappointed that South32 has decided to terminate the option agreement for Sierra Mojada, we understand their reasoning given the inability to access the project site since September 2019. We appreciate South32’s professionalism throughout this partnership.”
https://silverbullresources.com/site/assets/files/5999/2022-09-01_silver_bull_resources_announces_terminati
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Well, really a Zn project with significant Ag credits.
With access denied for three years, cant blame S32 for withdrawing.
Not material to S32.
Ash
SILVER BULL CASE, page-71
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