Silver Bullet Mines Corp. is pleased to announce it has commenced test processing of silver mineralized material through its wholly owned state of the art processing plant in Arizona. The Material has been sourced from a property owned by an arm's length party, which property hosts a former producing silver mine in Arizona. The Material has assayed as high as 8 ounces per ton silver over multiple assays carried out by [...]
Silver Bullet Mines Corp. is pleased to announce it is entering into a strategic business agreement with Countryman Investments Limited of British Columbia, Canada . The Agreement provides that Countryman will provide financial, business development and mining opportunities to the Company. Countryman is an existing SBMI shareholder. Mr. Dave Richardson, a principal of Countryman, has agreed to join SBMI's advisory board [...]
Silver Bullet Mines Corp. is pleased to announce the continuation of operations at its mill near Globe, Arizona, following the completion of work mandated by MSHA. This work was completed on schedule, leaving SBMI with a MSHA-compliant operational mill. SBMI has stockpiled Buckeye Silver Mine mineralized material at the mill site. Recent muck assays from the Buckeye ran as high as 8 ounces per ton and vein assays as high [...]
Silver Bullet Mines Corp. is pleased to announce the assay results from its last blast prior to MSHA inspection and training. Select material collected from the vein assayed as high as 480 ounces per ton silver . Sample from Vein in Zone1 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8464/196782_0f0cda66640568e2_001full.jpg Random samples of the muck pile associated with [...]
Silver Bullet Mines Corp. is pleased to announce as part of its ongoing transformation to a silver producing company, it has submitted and received approval for its mine training program from the Mine Safety and Health Association , part of the United States Department of Labor. This MSHA approval covers the training program for both SBMI's underground and surface operations. The approval process included three onsite [...]
Silver Bullet Mines Corp. announced on December 8, 2023 it had begun processing a bulk sample of mixed mineralized material from Zone1 at the Buckeye Silver Mine. SBMI is pleased to announce it has successfully completed processing that bulk sample of 40 tons , in less time than expected. The purposes of processing the bulk sample were to confirm the high grade nature of Zone1 and its recovery rates, and to confirm the [...]
Silver Bullet Mines Corp. announces that in connection with the private placement originally announced in the Company's press release of October 25, 2023, the Company has applied to the TSX Venture Exchange for an extension of a further 30 days price protection to complete further subscriptions. The Company intends the next tranche or tranches of the Offering to close within that period. Further closing of the Offering is [...]
Silver Bullet Mines Corp. is pleased to announce the appointment of Mr. John Kontak to its board of directors. Mr. Kontak has extensive experience as a director and officer of public resource companies, most recently as President and Director of West Red Lake Gold Mines Inc. Mr. Kontak is a graduate of Dalhousie Law School, holds an MBA from Suffolk University in Boston, and is a dual citizen of Canada and the United [...]
Silver Bullet Mines Corp. is pleased to announce high grade silver results as it moves to the next stage in the development of the new Zone1, as outlined in previous press releases. In its press release of November 1, 2023, SBMI advised it was continuing to blast and muck in Zone1 towards what management believed to be a volume of higher grade silver mineralization. Since then, in the last three blasts the vein width [...]
Silver Bullet Mines Corp. announces a third potential revenue stream. This potential revenue stream flows from SBMI's relationship with a lender announced earlier this year. Earlier this year SBMI announced it had entered into an agreement with an arm's length third party for the amount of USD$350,000. This investment was structured as a loan having a five year term and a zero per cent interest rate. Following extensive [...]
Silver Bullet Mines Corp. announces: two sets of high grade assay results from the Treasure Room initial assay results from the targeted mineralized zone at the Buckeye Mine in Arizona , a financing, and the re-pricing of warrants. The Treasure Room is located roughly 310 feet from the portal, or roughly halfway to Zone1 along the vein structure. On March 1, 2022 SBMI reported assay results from grab samples from the [...]
Silver Bullet Mines Corp. announces the Company has intercepted the targeted mineralized zone at the Buckeye Mine in Arizona . Based upon historical data, management expects the Zone to contain higher-grade silver mineralization. Confirmation will depend upon multiple rounds of sampling. To target the Zone, SBMI has been working from its field team's intensive knowledge of the area, assay data from historical drill holes [...]