Silver Bull Increases the Shallow Silver Zone Silver Resource by 39% to 72.13 Million Ounces of Silver

Silver Bull Resources, Inc.

is pleased to provide the results that will be reported in the updated NI43-101 Technical Report currently being completed by SRK Consulting (Canada) Inc. ("SRK") on the silver mineralization of the "Shallow Silver Zone" at the Sierra Mojada Project in Coahuila, Mexico. Silver Resource: The mineral resource estimate for the Shallow Silver Zone contained in the Technical Report at an economic cutoff grade of 15 g/t of silver that management believes is likely accessible by open pit mining is as follows: A Measured silver resource of 3.688 million tonnes at an average grade of 57.0 g/t - equivalent to 6.714 million troy ounces of silver. An Indicated silver resource of 45.175 million tonnes at an average grade of 45.0 g/t - equivalent to 65.419 million troy ounces of silver. An Inferred silver resource of 8.162 million tonnes at an average grade of 40.0 g/t - equivalent to 10.496 million troy ounces of silver.