- Business
- Silver Bull Resources, Inc. (SVB.TO) is a Canada-based mineral exploration company focused on acquiring, exploring, and developing silver, zinc, lead, copper, and gold properties, primarily through its flagship Sierra Mojada project in Coahuila, Mexico. The Sierra Mojada project encompasses 20 mining concessions totaling approximately 9,530 hectares in a historic high-grade mining district; it features a NI 43-101 compliant global resource of 70.4 million tonnes grading 38.6 g/t silver and 3.4% zinc in measured and indicated categories, equating to 87.4 million ounces of silver and 5.354 billion pounds of zinc, with distinct silver-rich and zinc-rich zones alongside high-grade silver-zinc and silver-copper sulphide discoveries. The company operates through wholly-owned subsidiaries including Minera Metalin S.A. de C.V. and conducts exploration activities targeting oxide and sulphide mineralization amenable to cost-effective processing. Founded in 1993 and formerly known as Metalline Mining Company until its rebranding in April 2011, Silver Bull Resources maintains headquarters at 777 Dunsmuir Street, Suite 1605, Vancouver, British Columbia, Canada. In recent developments, the company pursues a legacy NAFTA claim under USMCA Annex 14-C against the Mexican government for breaching investment protections due to an illegal blockade of the Sierra Mojada site since September 2019, with proceedings advancing through the International Centre for Settlement of Investment Disputes including a Memorial filing in June 2024, a Reply submission in April 2025 updating damages to US$374.9 million, and a hearing scheduled for October 6-10, 2025; it secured US$9.5 million in litigation funding in September 2023, closed a non-brokered private placement in October 2023, and terminated its option agreement with South32 in September 2022 following a spin-out and distribution of Arras Minerals shares to shareholders in 2021.