# PI Financial Corp Updates Coverage and Buy Recommendation on Silver Bull Resources - Video Posted on InvestmentPitch.com

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/pi-financial-corp-updates-coverage-and-buy-recommendation-on-silver-bull-resourc--6c8df6cf-0e52-4346-8e47-836a2642818d

Original source: https://money.tmx.com/en/quote/SVB/news/50399313/pi-financial-corp-updates-coverage-and-buy-recommendation-on-silver-bull-resourc

Publisher: tmx

Original announcement: 2013-07-04T21:45:19.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: positive metallurgy demonstrated

- Positive factor: cyanide recycling efficiency >98%

- Positive factor: peak silver recoveries of 89%

- Negative factor: zinc recoveries are relatively low \(40-50%\)

- Negative factor: silver recoveries average 73.2% which is moderate

Facts used in scoring: 2

## Classification and evidence

**Mill Route**

Polarity: neutral

Definition: 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 1

[Link to this fact](https://atlas-staging.minestarters.com/news/pi-financial-corp-updates-coverage-and-buy-recommendation-on-silver-bull-resourc--6c8df6cf-0e52-4346-8e47-836a2642818d#fact-metallurgical-facts-0)

silver

#### 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 factor: peak values achieving approximately 89%

- Negative factor: average recovery of 73.2% is moderate

Evidence · text

> Overall silver recoveries averaged 73.2% with peak values achieving approximately 89%

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/pi-financial-corp-updates-coverage-and-buy-recommendation-on-silver-bull-resourc--6c8df6cf-0e52-4346-8e47-836a2642818d#fact-metallurgical-facts-1)

zinc

#### 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 factor: SART process allows >98% cyanide recycling

- Negative factor: 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.