Silver Bull Presentation | March 2012                SVBL: AMEX | SVBL: TSX | Web: www.silverbullresources.com
Cautionary note regarding forward looking statementsThis presentation contains forward-looking statements regarding future...
WHO WE AREEXPERIENCE AND EXPERTISE IN ALL ASPECTS OF THE INDUSTRY                                                         ...
FLAGSHIP PROJECT – SIERRA MOJADA• >60Moz Silver Indicated +  Inferred – AND growing• High Grade Zinc Mineralization• Open ...
LARGE AND GROWING SILVER RESOURCE                                                                              Q2 2012 TOT...
NEXT 43-101 - RECENT DRILL RESULTS27 February 2012 - SILVER BULL INTERSECTS HIGH GRADE ZONE OF 417.64G/T SILVER OVER10 MET...
RESOURCE ESTIMATE                                                                   OPEN PIT                              ...
CURRENT SITUATION AT SIERRA MOJADA -          SILVER AND ZINC   MINERALIZATION OPEN IN ALL DIRECTIONS                     ...
CURRENT SITUATION AT SIERRA MOJADA -          SILVER AND ZINC                                       9
“CENTENARIO”-”SHALLOW SILVER”-”ZINC ZONES”                                       ZINC ZONE                                ...
“CENTENARIO”-”SHALLOW SILVER”-”ZINC ZONES”                                  ZINC ZONE                                     ...
CAPITAL STRUCTURE       CAPITALIZATIONShares Outstanding    136,160,157    Warrants           1,303,956     Options       ...
2012 DRILL PROGRAM                                                         WESTEND    CENTENARIODRILL RIGS ONSITE:   PLANN...
EXPLORATION UPSIDE                                                 2 MAIN TARGETS OUTSIDE THE MAIN ZONE             DORMID...
PALOMAS NEGRAS                 15
DORMIDOS           16
SIERRA MOJADA                                       SUMMARY                                          SILVER–   CURRENT RES...
APPENDIXSVBL: AMEX | SVBL: TSX | Web: www.silverbullresources.com
BOARD OF DIRECTORS - RESUMESBrian Edgar, Chairman of the Board - Mr. Edgar was appointed Chairman of the Board of Director...
MANAGEMENT - RESUMESTim Barry, CEO, President and Director - Mr. Barry is the President and CEO of Silver Bull Resources, ...
HISTORICAL MINES IN RELATION TO             SHALLOW SILVER ZONEE                                         W    N
CENTENARIO ZONE                  22
SHALLOW SILVER ZONE IN RELATION TO                     TOPOGRAPHYE                                              W    60m
ZINC ZONE IN RELATION TO TOPOGRAPHY    EXPRESSION OF ZINC     ZONE TO SURFACEE                                          W ...
TOTAL MINERALIZED STRIKE LENGTH           DEFINED
Silver Bull Presentation | March 2012                SVBL: AMEX | SVBL: TSX | Web: www.silverbullresources.com
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Silver Bull Resources Corporate Presentation (Feb2012)

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Silver Bull Resources 2012 Corporate Presentation.

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Silver Bull Resources Corporate Presentation (Feb2012)

  1. 1. Silver Bull Presentation | March 2012 SVBL: AMEX | SVBL: TSX | Web: www.silverbullresources.com
  2. 2. Cautionary note regarding forward looking statementsThis presentation contains forward-looking statements regarding future events and Silver Bull’s future results that are subject to the safe harbors createdunder the Securities Act of 1933 (the “Securities Act”) and the Securities Exchange Act of 1934 (the “Exchange Act”) and applicable Canadian securities laws.Forward-looking statements include statements regarding indicated and inferred resource estimates, the anticipated scope and targets of future drilling inthe Shallow Silver Zone and the timing of Silver Bull’s next resource update. These statements are based on current expectations, estimates, forecasts, andprojections about Silver Bull’s exploration projects, the industry in which Silver Bull operates and the beliefs and assumptions of Silver Bull’s management.Words such as “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continues,” “may,” variations ofsuch words, and similar expressions, are intended to identify such forward-looking statements. Forward-looking statements are subject to a number ofassumptions, risks and uncertainties, many of which are beyond our control, including such factors as the results of exploration activities and whether theresults continue to support continued exploration activities, unexpected variations in ore grade, types and metallurgy, volatility and level of commodityprices, the availability of sufficient future financing, and other matters discussed under the caption “Risk Factors” in our Annual Report on Form 10-K/A forthe fiscal year ended October 31, 2010 and our other periodic and current reports filed with the SEC and available on www.sec.gov and with the Canadiansecurities commissions available on www.sedar.com. . Readers are cautioned that forward-looking statements are not guarantees of future performanceand that actual results or developments may differ materially from those expressed or implied in the forward-looking statements.Cautionary Note to U.S. Investors concerning estimates of Indicated and Inferred Resources:This presentation uses the terms "indicated resources" and "inferred resources" which are defined in, and required to be disclosed by, NI 43-101. We adviseU.S. investors that these terms are not recognized by the United States Securities and Exchange Commission (the "SEC"). The estimation of indicatedresources involves greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves. U.S. investors arecautioned not to assume that indicated mineral resources will be converted into reserves. The estimation of inferred resources involves far greateruncertainty as to their existence and economic viability than the estimation of other categories of resources. U.S. investors are cautioned not to assume thatestimates of inferred mineral resources exist, are economically minable, or will be upgraded into measured or indicated mineral resources. Under Canadiansecurities laws, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies. Disclosure of "contained ounces" in aresource is permitted disclosure under Canadian regulations, however the SEC normally only permits issuers to report mineralization that does not constitute"reserves" by SEC standards as in place tonnage and grade without reference to unit measures. Accordingly, the information contained in this presentationmay not be comparable to similar information made public by U.S. companies that are not subject NI 43-101. 2
  3. 3. WHO WE AREEXPERIENCE AND EXPERTISE IN ALL ASPECTS OF THE INDUSTRY BOARD OF DIRECTORS MANAGEMENT BRIAN EDGAR TIM BARRY PROVEN TRACK RECORD OF SUCCESS Chairman President, CEO & Director TIM BARRY President, CEO & Director SEAN FALLIS DANIEL KUNZ Chief Financial Officer Director JASON CUNLIFFE DR. MURRAY HITZMAN Director Vice President, Exploration JOHN McCLINTOCK GEORGE RAWSTHORNE Director Vice President, Metallurgy JOSHUA CRUMB Director MARTIN KING DR. NICOLE ADSHEAD-BELL Chief Geologist Director GERMAN GIL DUNCAN HSIA Operations Manager Director 3
  4. 4. FLAGSHIP PROJECT – SIERRA MOJADA• >60Moz Silver Indicated + Inferred – AND growing• High Grade Zinc Mineralization• Open Pittable• Excellent Infrastructure• Located in Mexico• Significant Exploration Upside Emerging STORY GROWING Resource Excellent LOCATION 4
  5. 5. LARGE AND GROWING SILVER RESOURCE Q2 2012 TOTAL RESOURCE BASE INDICATED INFERRED NI43-101 REPORT EXPECTED IN Q2 2012 ?? (NEXT NI43-101 EXPECTED IN Q2 2012) 100 80 ?? OCTOBER 2011 TOTAL RESOURCE BASE(Moz SILVER) 60 47.3M 61.2Moz 40 17.2M (19Moz added with 5 months of drilling) ?? 20 24.9M 13.9M APRIL 2011 TOTAL RESOURCE BASE APRIL 2011 OCTOBER 2011 Q2 2012 42.2Moz 5
  6. 6. NEXT 43-101 - RECENT DRILL RESULTS27 February 2012 - SILVER BULL INTERSECTS HIGH GRADE ZONE OF 417.64G/T SILVER OVER10 METERS AND 283.89G/T SILVER OVER 13.05 METERS WITHIN 100+ METER INTERCEPTSOF SILVER MINERALIZATION ON THE CENTENARIO ZONE AT THE SIERRA MOJADA PROJECT,COAHUILA, MEXICO14 February 2012 - SILVER BULL INTERSECTS 19.9% ZINC OVER 10.85 METERS AND 144 G/TOVER 31 METERS ON THE “SHALLOW SILVER ZONE” AT THE SIERRA MOJADA PROJECT,COAHUILA, MEXICO.1 February 2012 - SILVER BULL INTERSECTS 9.81% ZINC OVER 46.4 METERS AND 100G/TSILVER OVER 43 METERS ON THE “SHALLOW SILVER ZONE” AT THE SIERRA MOJADAPROJECT, COAHUILA, MEXICO.11 January 2012 - SILVER BULL INTERSECTS 51.8G/T SILVER OVER 109.4 METERS TO FURTHEREXTEND THE NEW “CENTENARIO” DISCOVERY AT THE SIERRA MOJADA PROJECT, COAHUILA,MEXICO. 6
  7. 7. RESOURCE ESTIMATE OPEN PIT SILVER OUNCES CLASS CUT-OFF TONNAGE (000S) AG G/T ZN % (MOZ)INDICATED >15 g/t 28.564 50 0.95 46.313INFERRED >15 g/t 9.248 44 0.42 13.188 UNDERGROUND SILVER OUNCES CLASS CUT-OFF TONNAGE (000S) AG G/T ZN % (MOZ)INDICATED >70g/t 0.282 111 2.84 1.007INFERRED >70g/t 0.174 118 0.91 0.661* The mineral resource has been calculated by SRK Consulting, Canada Inc. and is reported in a NI43-101 Resource Update filed on 25 November 2011 andencompasses only resource which falls into an optimized Whittle pit shell. Resources that fall outside of the optimized Whittle pit, but have a reasonable prospectof being mined underground are also included. An average silver price of US$20/oz and an average recovery of 62% were used. A zero percent recovery for anyother minerals has been assumed. 7
  8. 8. CURRENT SITUATION AT SIERRA MOJADA - SILVER AND ZINC MINERALIZATION OPEN IN ALL DIRECTIONS 8
  9. 9. CURRENT SITUATION AT SIERRA MOJADA - SILVER AND ZINC 9
  10. 10. “CENTENARIO”-”SHALLOW SILVER”-”ZINC ZONES” ZINC ZONE 10
  11. 11. “CENTENARIO”-”SHALLOW SILVER”-”ZINC ZONES” ZINC ZONE 11
  12. 12. CAPITAL STRUCTURE CAPITALIZATIONShares Outstanding 136,160,157 Warrants 1,303,956 Options 5,471,907 Fully Diluted 142,936,020 Share Price US$0.5852 Week Low/High $0.46 to $0.963 Month Avg. Vol. 136,000 Market Cap US$77 million SHAREHOLDERS Cash US$10.5million Directors and Officers: 7.6% ̴ Coeur D’Alene Mines Corporation: 12.7% Lazarus Investment Partners: 9.6% Sprott Asset Management: 4.0 12
  13. 13. 2012 DRILL PROGRAM WESTEND CENTENARIODRILL RIGS ONSITE: PLANNED METERS 2012: TARGETING: 3 50,000 WESTEND SSZ & CENTENARIO 13
  14. 14. EXPLORATION UPSIDE 2 MAIN TARGETS OUTSIDE THE MAIN ZONE DORMIDOS OF MINERALIZATION: PALMOS NEGROS DORMIDOS &W E PALOMAS NEGROS SHALLOW SILVER ZONE HISTORICAL MINING AREAS WITH EXTENSIVE UNDERGROUND AND SURFACE WORKINGS: NEVER EXPLORED WITH MODERN TECHNIQUES NEXT STEPS BEYOND 2012 RESULTS FROM INITIAL SAMPLING INCLUDE:Continued mapping and prospecting of Dormidos, Palomas Negros and other areas UP TO; 565G/T Ag, Geophysics 15.8% Zn & 11.2% Pb Exploration Drilling 14
  15. 15. PALOMAS NEGRAS 15
  16. 16. DORMIDOS 16
  17. 17. SIERRA MOJADA SUMMARY SILVER– CURRENT RESOURCE HOSTED IN FAULT CONTROLLED, CARBONATE HOSTED SECONDARY SILVER MINERALIZATION– INDICATED AND INFERRED RESOURCES OF 47.3MOZ AND 13.9MOZ RESPECTIVELY– OPEN PITTABLE SILVER WITH BROAD ZONES OF VERY ONTINUOUS MINERALIZATION– INITIAL POSITIVE CYANIDE LEACH RESULTS (HEAP AND AGITATION)– KNOWN MINERALIZATION DEFINED OVER 3.2 KM OF STRIKE WITH OBVIOUS NEAR RESOURCE EXPANSION POTENTIAL– DOLOMITE MINE ALONG STRIKE SHOWS EXCELLENT OPEN PIT MINING CONDITIONS, E.G., +70° PIT HIGH WALL ZINC– LARGE HIGH GRADE NON-SULPHIDE ZINC DEPOSITS AT DEPTH (.E.G., VENDANTA’S SKORPION MINE IN NAMIBIA)– ZINC ORE BODY LIES UNDERNEATH AND IMMEDIATELY ADJACENT TO THE SILVER ORE BODY (I.E BY MINING OUT THE SILVER THE ECONOMICS OF THE ZINC IMPROVE DRAMATICALLY)– LIMITED WORK PROGRAM REQUIRED TO ADVANCE TO NI43-101 COMPLIANCE– LIKELY REMOBILIZED MINERALIZATION AND CONTROLLED BY FAVORABLE DOLOMITE HOST ROCKS AND FAULTS (THE SAME AS THE SILVER MINERALIZATION) EXPLORATION– SIGNIFICANT UPSIDE POTENTIAL IN THE GREATER AREA – PALOMAS NEGRAS AND DORMIDOS AND BEYOND 17
  18. 18. APPENDIXSVBL: AMEX | SVBL: TSX | Web: www.silverbullresources.com
  19. 19. BOARD OF DIRECTORS - RESUMESBrian Edgar, Chairman of the Board - Mr. Edgar was appointed Chairman of the Board of Directors in April 2010. Mr. Edgar has broad experience working in junior andmid-size level natural resource companies. He previously served as Domes President and Chief Executive Officer from February 2005 until it was acquired by Metalline inApril 2010. Further, Mr. Edgar served on Domes Board of Directors from 1998 to 2010. Mr. Edgar currently serves as a director of BlackPearl Resources Inc., DenisonMines Corp., Lucara Diamond Corp., Lundin Mining Corporation, and ShaMaran Petroleum Corp. Prior to establishing Rand Edgar Capital Corp. (succeeded by Rand EdgarInvestment Corp.), Mr. Edgar practiced corporate/securities law in Vancouver, British Columbia, Canada for sixteen years.Daniel Kunz, Director - Mr. Kunz, Boise, Idaho, has over 30 years of experience in all areas of engineering, management, accounting, finance and operations. Mr. Kunzholds a Masters of Business Administration, Bachelor of Science in Engineering Science and an Associate of Accounting degree. Mr. Kunz has held positions in IvanhoeMines (President), MK Gold Company (President & CEO) and Morrison Knudsen Corporation (Vice President & Controller, and as CFO to the Mining Group).Murray Hitzman, Director - Dr. Hitzman has extensive experience in the mining sector and began work in the mining industry with Anaconda Copper Mining Company.He worked for Chevron Resources Company and initiated and managed base and precious metal exploration projects throughout the world. As the Executive BranchFellow he served as a senior policy analyst in the White House Office of Science and Technology Policy specializing in natural resource, environmental, and geoscienceissues. Dr. Hitzman became a professor at the Colorado School of Mines, and in 2000 was named Head of the Department of Geology and Geological Engineering (hestepped down as such in August, 2007). Dr. Hitzman serves as a director of several publicly held companies. Dr. Hitzman has a Master of Science in Geology from theUniversity of Washington and a Ph.D. in Geology from Stanford University, California.John McClintock, Director - Mr. McClintock has vast experience in all facets of the mineral exploration business. He currently serves as the President of McClintockGeological Management, which provides ongoing management services to NorthIsle Copper and Gold Inc. and Savant Explorations Ltd. From February 2007 to November2008, Mr. McClintock served as President and CEO of Savant Explorations Ltd. From January 2006 to February 2007, he served as President and COO of Canarc ResourceCorp., and from November 2004 to December 2005 he served as an Exploration Manager for BHP Billiton. Mr. McClintock holds an MBA from Simon Fraser Universityand an undergraduate degree in geology, with honors, from the University of British Columbia. He is a member of the Professional Engineers of British Columbia, theProspectors and Developers Association of British Columbia, and the Association of Mineral Exploration of British Columbia.Joshua Crumb, Director - Mr. Crumb is an engineer and mineral economist with a wide range of executive experience in the mining industry. He is a co-founder of LECMinerals Inc., a private investment corporation that also provides advisory services for mining and exploration companies. Mr. Crumb was formerly the Senior MetalsStrategist at Goldman Sachs, working in the commodity research division in London, has held various positions within the Lundin group of companies, and is currentlyserving as an independent director of Astur Gold Corp., Zazu Metals Corp., and Natural Resource Holdings, Ltd. He holds a Bachelor of Science degree in Engineering andMaster of Science in Mineral Economics from the Colorado School of Mines.Nicole Adshead-Bell, Director - Dr. Adshead-Bell has over 14 years of experience in the resources and finance industries working as a geologist, mining analyst andinvestment banker. Dr. Adshead-Bell is currently Director of Mining Research for Sun Valley Gold LLC. She was founder and President of Cupel Advisory Corp. a privatecompany providing advisory services for mining/exploration companies and investment funds. Prior to forming Cupel she was Vice President and then Managing Director,Investment Banking at Haywood Securities Inc. (from 2007 to 2010). Dr Adshead-Bell was also a mining analyst with Dundee Securities Corp. (2005 to 2007) and SunValley Gold LLC (2003 to 2005). She worked as freelance consultant geologist for Australian and Canadian companies between 1995 and 2003. Dr. Adshead-Bell wasawarded a Ph.D. in geology from James Cook University, Queensland, Australia in 2000. She is currently a director of Vista Gold Corp.Duncan Hsia, Director - Mr. Hsia was appointed to the board of Directors in April 2010. Mr. Hsia has worked as a consultant to both the private and public sectors in avariety of industries for Andersen Consulting in the U.S. and Europe. From 1999 to the present Mr. Hsia has served as an analyst in the financial industry and primarilyfocuses his analysis and research on public and private companies in the mining and commodities sectors. He has authored articles on the financial markets for variousnewsletters and websites. From 1993 through 1999 Mr. Hisa worked for PeopleSoft, Inc. where he held various positions including Regional Manager for PeopleSoftsWestern Region Consulting Group and corporate manager for PeopleSofts Account Management division. Mr. Hsia has a B.S. in Economics from the Wharton School ofBusiness and a B.A.S. from the Moore School of Engineering at the University of Pennsylvania. 19
  20. 20. MANAGEMENT - RESUMESTim Barry, CEO, President and Director - Mr. Barry is the President and CEO of Silver Bull Resources, Inc. Between September 2010 to March 2011, Mr. Barry served asVice President of Exploration for Metalline Mining (now renamed to Silver Bull Resources), before stepping into the role of President and CEO in April 2011. Previously, heheld the position of Chief Geologist for Dome Ventures Corporation, a publically traded company on the Toronto Stock Exchange working on their projects in Africa. Mr.Barry has over 15 years of exploration and management experience and has worked as a Consulting Geologist and manager on projects in Canada, Mexico, Australia,New Zealand, Mongolia and West and Central Africa. Mr. Barry also served as a Director for Dome Ventures Corporation between November 2008 to April 2010 andcurrently serves as a director for Acme Resources. Mr. Barry is a Registered Geologist (MAusIMM). Mr. Barry holds a BSc in Geology from the University of Otago in NewZealand.Sean Fallis, Chief Financial Officer - Mr. Fallis is a Chartered Accountant and was formerly the corporate controller of gold producer Rusoro Mining Ltd. Prior to RusoroMining Ltd. Mr. Fallis worked with Canadian and United States publically listed companies in the audit and assurance practice of PricewaterhouseCoopers where Mr.Fallis focused on clients in the mining industry. Mr. Fallis experience includes mergers and acquisitions, debt and equity financing and overseeing the financial reportingand regulatory compliance of international mining companies including subsidiaries based in Latin America.Jason Cunliffe, Vice President of Exploration - Mr. Cunliffe has over 16 years experience working throughout South and Central America exploring mainly for preciousmetals. He has held a number of senior management positions including; the South American Exploration Manager for Hochschild Mining plc. and Underworld Resources.During this time he has been involved in the discovery and advancement of a number of projects including the San José gold-silver vein deposit for Hochschild. Mr.Cunliffe is familiar with Mexican geology having worked in the country previously. Mr. Cunliffe has a Masters degree in Mineral Exploration and Mining Geology fromLeicester University in the United Kingdom and is fluent in English and Spanish.George Rawsthrone, Vice President of Metallurgy - Mr Rawsthorne has over 40 years of experience in the mining and metallurgical / process industry includingmanagement roles in operations, project studies and construction, as well as plant commissioning and optimization. As a direct employee or as a consultant he has beeninvolved with numerous projects encompassing commodities which include; copper, molybdenum, lead, zinc, silver, gold, tungsten and uranium. Roles he has previouslyheld include; mill manager, lead process engineer, and lead metallurgist, as well as also working as an independent consultant to review mining operations for companiesand banks. Companies he has previously been associated with include; (Cominco) Teck Corporation, Rabbit Lake Uranium, Placer Developments Gibraltar Mine, MountPleasant Tungsten Mine and Dome Mines Detour Lake Mine as well as numerous junior and mid-tier mining and exploration companies. Mr. Rawsthorne has a stronghistory of success in the design and development of metallurgical flow sheets, plant startup, commissioning and optimization, as well as optimizing existing processingplants in an operating environment. Mr. Rawsthorne received his B.Sc. in Chemical Engineering from Queens University in Ontario, and is a member of the Association ofProfessional Engineers and Geoscientists of British Columbia, Canada.Martin King, Chief Geologist - Mr. King has over 24 years working as a geologist to the project as well as considerable experience working in carbonate hosted mineraldeposits. He was part of the team led by Murray Hitzman, a director of Silver Bull, which defined the Lisheen zinc deposit in Ireland, and has previously worked in Mexico,Canada, Australian, Peru, Suriname, and Yemen exploring for gold, silver, lead, and zinc. Mr. King is a Professional Geologist, is a graduate of the National University ofIreland and is fluent in English and Spanish.German Gil, Operations Manager - Mr. Gil has over 15 years working as a mining engineer and operations manager. He has considerable experience working inunderground mining conditions and has worked for Penoles throughout Mexico. Mr. Gil is a Professional Mining Engineer, and is fluent in English and Spanish. 20
  21. 21. HISTORICAL MINES IN RELATION TO SHALLOW SILVER ZONEE W N
  22. 22. CENTENARIO ZONE 22
  23. 23. SHALLOW SILVER ZONE IN RELATION TO TOPOGRAPHYE W 60m
  24. 24. ZINC ZONE IN RELATION TO TOPOGRAPHY EXPRESSION OF ZINC ZONE TO SURFACEE W E W
  25. 25. TOTAL MINERALIZED STRIKE LENGTH DEFINED
  26. 26. Silver Bull Presentation | March 2012 SVBL: AMEX | SVBL: TSX | Web: www.silverbullresources.com

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