Silver Bull Resources Announces Agreement with JDS Energy & Mining Inc.

July 22, 2011

Silver Bull Resources (TSX: SVB), formerly Metalline Mining Company, is pleased to announce the execution this week of a professional services agreement with JDS Energy & Mining, Inc. ("JDS") of Vancouver and Kelowna, B.C., Canada. JDS is a rapidly growing company servicing the mining industry globally. Its highly experienced team of Professional Geologists and Engineers specialize in exploration/development project management, feasibility study preparation/analysis, safety and environmental operating procedures, design and engineering, trade procurement (excavation, drilling, blasting, etc.), accounting and administration. See www.jdsmining.ca for further information regarding JDS.

Mr. Allan Reeves, P.Geo., R.E.T., PMP, Senior Project Manager with JDS has been assigned to work on the Company's Sierra Mojada Project, Mexico along with Jeff Stibbard, JDS founder and President and other members of the JDS team.

Mr. Roger Kolvoord will retire as the Company's Executive Vice President effective July 31, 2010. The Company would like to thank Roger for his hard work and loyal service and wishes him well in his retirement.

The Company is also pleased to announce that, subject to approval of the NYSE Amex, it expects to close a private placement of 200,000 units of Company securities. Each unit consists of one common share and one 12-month warrant to purchase an additional common share. The units are priced at $0.60 per unit, the closing price of the Company's shares on July 21, 2010. The warrants are exercisable at $0.70 per share. The investors are Jeffco Holdings Inc., an affiliate of JDS, (for $100,000) and Mr. Allan Reeves ($20,000). The Company is very pleased with this show of support for the Sierra Mojada project.

About Metalline Mining Company
Metalline Mining Company is focused on mineral exploration. Metalline currently owns mineral concessions in the municipality of Sierra Mojada, Coahuila, Mexico and holds licenses in Gabon, Africa. Metalline conducts its operatio ns in Mexico through its wholly owned Mexican subsidiaries, Minera Metalin S.A. de C.V. and Contratistas de Sierra Mojada S.A. de C.V. To obtain more information on Metalline Mining Company, visit the Company's web site (www.metallinemining.com).

Silver Bull Resources (TSX: SVB), formerly Metalline Mining Company, is pleased to announce the execution this week of a professional services agreement with JDS Energy & Mining, Inc. ("JDS") of Vancouver and Kelowna, B.C., Canada. JDS is a rapidly growing company servicing the mining industry globally. Its highly experienced team of Professional Geologists and Engineers specialize in exploration/development project management, feasibility study preparation/analysis, safety and environmental operating procedures, design and engineering, trade procurement (excavation, drilling, blasting, etc.), accounting and administration. See www.jdsmining.ca for further information regarding JDS.

Mr. Allan Reeves, P.Geo., R.E.T., PMP, Senior Project Manager with JDS has been assigned to work on the Company's Sierra Mojada Project, Mexico along with Jeff Stibbard, JDS founder and President and other members of the JDS team.

Mr. Roger Kolvoord will retire as the Company's Executive Vice President effective July 31, 2010. The Company would like to thank Roger for his hard work and loyal service and wishes him well in his retirement.

The Company is also pleased to announce that, subject to approval of the NYSE Amex, it expects to close a private placement of 200,000 units of Company securities. Each unit consists of one common share and one 12-month warrant to purchase an additional common share. The units are priced at $0.60 per unit, the closing price of the Company's shares on July 21, 2010. The warrants are exercisable at $0.70 per share. The investors are Jeffco Holdings Inc., an affiliate of JDS, (for $100,000) and Mr. Allan Reeves ($20,000). The Company is very pleased with this show of support for the Sierra Mojada project.

About Metalline Mining Company
Metalline Mining Company is focused on mineral exploration. Metalline currently owns mineral concessions in the municipality of Sierra Mojada, Coahuila, Mexico and holds licenses in Gabon, Africa. Metalline conducts its operatio ns in Mexico through its wholly owned Mexican subsidiaries, Minera Metalin S.A. de C.V. and Contratistas de Sierra Mojada S.A. de C.V. To obtain more information on Metalline Mining Company, visit the Company's web site (www.metallinemining.com).