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

Silver Bull Resources, Inc. (NYSE: SVBL) 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.