Silver Bullet Mines Assays 480 Ounces per Ton Silver (14,929 Grams/ Ton) from Vein in New Zone1
Burlington, Ontario--(Newsfile Corp. - February 5, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') 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 (see photo). Sample from Vein in Zone1 To view an enhanced ver
2024-02-05 8:00 AM EST
Silver Bullet Receives MSHA Approval
Burlington, Ontario--(Newsfile Corp. - January 23, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') 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 ("MSHA"), part of the United States Department of Labor. This MSHA approval covers the training program for both SBMI's underground and surface...
2024-01-23 11:47 AM EST
Silver Bullet Proves up Silver in Zone1 with Successful Bulk Sample and Produces 334 ounces per ton (11,451.5 grams/tonne) Silver Concentrate
Burlington, Ontario--(Newsfile Corp. - December 11, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') 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 (36.29 tonnes), in less time than expected. The purposes of processing the bulk sample were to confirm the high grade...
2023-12-11 1:52 PM EST
Silver Bullet Announces Milling Update and Extension of Financing
Burlington, Ontario--(Newsfile Corp. - December 8, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') announces that in connection with the private placement (the "Offering") 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...
2023-12-08 8:00 AM EST
Silver Bullet Announces John Kontak has Joined the Board, and Provides an Update on Continuing Silver Processing
Burlington, Ontario--(Newsfile Corp. - November 30, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') 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...
2023-11-30 2:24 PM EST
Silver Bullet Announces Assay Results of up to 24.2 oz/ton Silver from Zone1 and the Commencement of Milling
Burlington, Ontario--(Newsfile Corp. - November 27, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') 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...
2023-11-27 8:00 AM EST
Silver Bullet Announces Potential Third Revenue Stream from Gold Processing
Burlington, Ontario--(Newsfile Corp. - November 1, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') 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 (the "Investor/Client") for the amount of USD$350,000. This investment was structured as a loan having a five...
2023-11-01 8:00 AM EDT
Silver Bullet Announces High Grade Silver Results from the Treasure Room, and a Financing
Burlington, Ontario--(Newsfile Corp. - October 25, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') 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 (Zone1), 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...
2023-10-25 9:59 AM EDT
Silver Bullet Announces Interception of Targeted Higher-Grade Silver Zone
Burlington, Ontario--(Newsfile Corp. - October 11, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') announces the Company has intercepted the targeted mineralized zone at the Buckeye Mine in Arizona (the "Zone"). 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...
2023-10-11 3:50 PM EDT
Silver Bullet Announces Investment and Continuation of Mining in Arizona
Burlington, Ontario--(Newsfile Corp. - September 7, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') announces the continuation of mining operations at the Buckeye Mine in Arizona and a cash infusion. The aberrant extremely hot weather continued in Arizona throughout most of August, preventing work from then being carried out at the mill or at the Buckeye Mine. The temperature on the concrete mill pad during this period on occasion exceeded 150 degrees...
2023-09-07 8:15 AM EDT
Silver Bullet Announces Extension of Silver Purchase Contract
Burlington, Ontario--(Newsfile Corp. - July 7, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') announces the extension of the silver purchase agreement described in its April 27, 2023 and May 4, 2023 press releases. Effective June 30, 2023, the Purchaser and SBMI have verbally agreed to extend the term of such agreement to August 31, 2023, and are working towards reducing such verbal agreement to writing. The test-run shipment of silver, as described in...
2023-07-07 3:18 PM EDT
Silver Bullet Mines Corp. Provides Arizona Operational Update
Burlington, Ontario--(Newsfile Corp. - June 15, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') provides an operational update on its Arizona activities. The mill in Globe, Arizona has been operating on a single shift of ten hours per day at its rated capacity with no major issues. It is running at optimal efficiency processing mineralized material from the lower grade stockpiles of vein material. Higher grade material from the mine should be introduced...
2023-06-15 7:50 AM EDT
Silver Bullet Mines Corp. Provides Update on its Wholly Owned Washington Mine Idaho Property
Burlington, Ontario--(Newsfile Corp. - May 23, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to provide an update on its wholly owned Washington Mine located in Idaho, approximately 1.5 hours drive from Idaho City. The Washington Mine was a historical gold producer, and its historical silver discoveries were not able to be processed at the time. The Company has recently been able to physically access the property following a severe winter...
2023-05-23 10:21 AM EDT
Silver Bullet Mines Corp. (SBMI) Receives Cash on First Order for Silver from Buckeye Mine in Arizona
Burlington, Ontario--(Newsfile Corp. - May 4, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it has received the previously announced cash advance on its first order for its silver products from a third-party (the "Purchaser"). SBMI has received the sum of USD$225,000 from the Purchaser as a cash advance against the order for 500 kg of silver, to be delivered to the Purchaser in tranches or all at once. At today's pricing this...
2023-05-04 8:00 AM EDT
Silver Bullet Mines Corp. (SBMI) Provides Update on First Order for Silver from Buckeye Mine in Arizona
Burlington, Ontario--(Newsfile Corp. - April 27, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to provide an update on its first order for its silver products from a third-party (the "Purchaser"). The first order, announced in detail on April 17, 2023, and the attendant USD$225,000 cash advance from the Purchaser empowers SBMI to fund the cost of processing the mineralized material from the Buckeye Mine without dilution to the shareholders....
2023-04-27 4:05 PM EDT
Silver Bullet Mines Corp. Announces Cash Advance on First Order
Burlington, Ontario--(Newsfile Corp. - April 17, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') announces it has entered into a cash advance from a purchaser of SBMI's silver products (the "Purchaser"). SBMI has previously announced an order for 50 kilograms of silver from the Purchaser, which order has since been increased to 500 kilograms (17,600 oz) of silver. The Purchaser has indicated a willingness to purchase 17,600 oz of silver from SBMI every...
2023-04-17 7:50 AM EDT
Silver Bullet Mines Corp. (SBMI) Confirms Anomalous Platinum Group Elements (PGE) in Some Samples on Its Richmond Basin, Arizona Property
Burlington, Ontario--(Newsfile Corp. - March 29, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it has received the assay results from a third party independent (ISO 17025-2017) accredited lab, American Assay Laboratories. These are the 'check assays' for material tested and reported in September and October, 2022. These results confirm the presence of anomalous platinum group elements (PGE) values in some of the material. QA/QC...
2023-03-29 4:52 PM EDT
Silver Bullet Mines Corp. Processes Gold and Silver From Upper Adit at Buckeye Mine Arizona
Burlington, Ontario--(Newsfile Corp. - March 16, 2023) - Further to its press release of March 3, 2023, Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to provide an update on the latest processing campaign at its 125 TPD pilot plant. Over a recent four-day period from March 8 to March 13, 2023, SBMI processed mineralized vein material at its 100% owned mill in Globe, Arizona, from which it recovered concentrate which will be converted to dore bars,...
2023-03-16 8:09 PM EDT
Silver Bullet Mines Corp. Encounters Further Silver Mineralization and Returns to Processing Material at its Mill
Burlington, Ontario--(Newsfile Corp. - March 3, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it is again processing mineralized material at its 125 TPD pilot plant. The mill is currently being fine tuned with low grade material to set the recovery parameters. Having resolved the issues with pouring silver dore bars, and having made the necessary related modification to the mill circuit, the Company intends to soon process...
2023-03-03 9:25 AM EST
Silver Bullet Mines Corp. Provides Update on The Buckeye Mine High Grade Gold, Platinum, and Palladium and Provides First Stage Check of Initial Assays Results
Burlington, Ontario--(Newsfile Corp. - March 2, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company'). Based on a review of the Company's technical disclosure by staff of the Ontario Securities Commission the Company is issuing the following update. On September 26, 2022 and October 18, 2022 the Company disclosed high-grade gold, platinum, palladium, rhodium, and osmium (the "Bonus Materials") results from the Buckeye Mine from the in initial lab. The Company...
2023-03-02 3:09 PM EST