PI Financial Corp Updates Coverage and Buy Recommendation on Silver Bull Resources - Video Posted on InvestmentPitch.com
Original announcement by tmx on
- Company
- Silver Bull Resources
- Ticker
- SVB
- Exchange
- TSX
- Region
- Mexico
- Primary commodity
- Silver
- Secondary commodities
- Zinc, Lead
- Document categories
- Metallurgy, Other
- Extracted
- 2026-08-21 13:20:53 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Silver Bull Resources reported metallurgical test results for its Sierra Mojada project in Mexico, showing average silver recoveries of 73.2% and zinc recoveries of 40-50% using a SART process. The results include high cyanide recycling efficiency (>98%) and are expected to support an upcoming Preliminary Economic Assessment.
Reasoning: The announcement reports positive metallurgical test results for silver and zinc at the Sierra Mojada project, specifically highlighting high cyanide recycling rates and peak silver recoveries.
Positive factors
- positive metallurgy demonstrated
- cyanide recycling efficiency >98%
- peak silver recoveries of 89%
Negative factors
- zinc recoveries are relatively low (40-50%)
- silver recoveries average 73.2% which is moderate
Facts used in scoring: 2

Classification and evidence
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: The use of cyanide and SART process implies a mill/concentrator route.
Evidence · text
“cyanide concentrations”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Metallurgical Results (2)
Fact 1silverRecovery: 73.2 %View all detailsHide details
Identity
- Commodity
- silver
- Ticker
- SVB
Test Work
- Sample
- silver mineralization from Shallow Silver Zone, Centenario Zone, and Fonteriza Zone
Recovery
- Recovery
- 73.2 %
- Recovery Basis
- actual_test
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2013-07-04T00:00:00.000Z
Reasoning: Average silver recovery reported at 73.2% with peaks at 89%.
Positive factors
- peak values achieving approximately 89%
Negative factors
- average recovery of 73.2% is moderate
Evidence · text
“Overall silver recoveries averaged 73.2% with peak values achieving approximately 89%”
Fact 2zincRecovery: 45 %View all detailsHide details
Identity
- Commodity
- zinc
- Ticker
- SVB
Test Work
- Sample
- samples where the silver had already been precipitated out of the solution (SART process)
Recovery
- Recovery
- 45 %
- Recovery Basis
- actual_test
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2013-07-04T00:00:00.000Z
Reasoning: Zinc recoveries reported in the 40-50% range via SART process.
Positive factors
- SART process allows >98% cyanide recycling
Negative factors
- recoveries of 40 to 50% are relatively low
Evidence · text
“zinc recoveries of 40 to 50% were achieved from a SART process test”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.