Anyone out there have insights about the JV with Silver Bull and...

Anyone out there have insights about the JV with Silver Bull and its Sierra Mojada Zn Ag project?

Nothing but deathly silence since announcing the results of 12000m of S32-funded drilling in October 2019.

http://www.silverbullresources.com/news/silver-bull-intercepts-17.1-meters-of-mineralization-grading-120g-t-silver-and-0.43-copper-including-2.25-meters-grading-198g-t/

Earlier exploration looked very promising. From their website:

The Sierra Mojada Project currently has a NI43-101 compliant "measured and indicated" resource of 58.7 million tonnes grading at 3.6% zinc and 50 g/t silver for 4.670 billion pounds of zinc and 90.8 million ounce of silver.

http://www.silverbullresources.com/projects/overview/

Over at stockhouse.com on July 23 an apparently knowledgeable poster wrote:

Hi I wanted to share some information with the board, particularly about why SVB has been quiet. Ever since the trade blockade in October 2019 SVB has been trying to end the situation using the court system. The good news is that they have won every case so far and only one appeal remains, so there should be full resolution soon and the blockade will stop.

SVB has had to be very careful with news and press releases as to not negatively affect outcome of the case against the blockade group. News flow will resume as soon as situation rectified.

Facts in the meantime that we know are from before blockade and recent 10Q filing:

SVB has 100+M oz Ag deposit
SVB has 4 billion tons Zn deposit. {Ash: I think he means million}
SVB NPV on this deposit at current Ag/Zn prices pre-tax is $640 million
SVB IRR on this deposit at current Ag/Zn prices pre-tax is 27%
SVB has several drill samples on site ready for assays, but could not access them for removal due to blockade. Soon as blockade loses apeal they will be able to assay these last samples.
SVB has received a payment in June 2020 from South32 to keep its option current.

https://stockhouse.com/companies/bullboard/t.svb/silver-bull-resources,-inc?postid=31305974

I like the idea of adding a Mexican silver-zinc mine.

Ash