Silver Bullet Mines Corp. Announces Extension of Closing Date of Financing
Burlington, Ontario--(Newsfile Corp. - January 21, 2025) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB:SBMCF) (SBMI or the Company) announces it has received approval from the TSXV to extend the closing of its previously announced financing by 30 days from the original closing date of January 24, 2025. As previously announced, the private placement financing consists of Units, with each Unit priced at $0.12 (twelve cents). Each Unit consists of one common share and one full $0.16 (sixteen...
2025-01-21 8:00 AM EST
Silver Bullet Mines Corp. Reaches Target Underground at Washington Mine in Idaho
Burlington, Ontario--(Newsfile Corp. - January 16, 2025) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it has completed the first phase of underground development at the Washington Mine in Idaho. On November 22, 2024 SBMI announced it had engaged a contract miner (the "Miner") to carry out underground and surface development and bulk sampling at the Washington Mine. Much of the instructions given to the Miner were based upon the...
2025-01-16 8:32 AM EST
Silver Bullet Mines Discovers Additional High Grade Silver Mineralization at Super Champ Mine (405.4 oz/ton silver) in Arizona
Burlington, Ontario--(Newsfile Corp. - January 13, 2025) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it has encountered chunks of high grade silver float parallel to and above the known Super Champ Vein in Arizona. This float was discovered during surface exploration. The float material was found in the soils uphill from the Super Champ Vein, currently being mined by SBMI, and is suggestive of a parallel vein system. See photo below...
2025-01-13 9:22 AM EST
Silver Bullet Mines Corp. Announces Successful Financing
Burlington, Ontario--(Newsfile Corp. - January 2, 2025) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) (SBMI or the Company) announces it has closed on $514,000 of its previously announced financing. This first tranche closing represents 4,283,333 Units, with each Unit priced at $0.12 (twelve cents). Each Unit consists of one common share and one full $0.16 (sixteen cent) warrant with a 36-month term, with each such warrant being exercisable into a common share (the "Financing")....
2025-01-02 3:34 PM EST
Silver Bullet Mines Corp. Announces Strategic Financing
Burlington, Ontario--(Newsfile Corp. - December 24, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) (SBMI or the Company) announces strategic financing and interest payment on debenture. Silver Bullet Mines Corp is pleased to announce a strategic private placement of up to $1.5 million, with a lead order of $500,000. The private placement will consist of up to 12,500,000 units at $0.12 per unit with each unit consisting of one common share and one common share purchase warrant...
2024-12-24 8:00 AM EST
Silver Bullet Mines Continues to Assay Super Champ in Arizona for High Grade Silver (508.8 oz/ton)
Burlington, Ontario--(Newsfile Corp. - December 12, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') continues to assay high grade silver from the Super Champ in Arizona. On November 18, 2024 SBMI reported assay results from the Super Champ, including five assays returning over 1000 oz/ton silver, with gold visible in the mill concentrates. To ensure best practices are being followed, the Company contracted two structural geologists to advise on sampling...
2024-12-12 3:47 PM EST
Silver Bullet Mines Corp. Advances Mining Activity at Washington Mine in Idaho
Burlington, Ontario--(Newsfile Corp. - November 22, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) is pleased to announce contract mining has commenced at the Idaho Washington Mine. Contract Miner at Face at Washington Mine To view an enhanced version of this graphic, please visit:
2024-11-22 9:33 AM EST
Silver Bullet Mines Corp. Intercepts Historical Tunnel at Super Champ and Assays High Grade Silver (1093.2 oz Silver/Ton)
Burlington, Ontario--(Newsfile Corp. - November 18, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it has unexpectedly intercepted a historical mining tunnel, shaft and waste piles, during development of the Super Champ vein structure (Figure 1). There is no historical documentation on this tunnel or what was mined out of it. The Company's field team estimates this zone (the "Tunnel Zone") was mined by unknown persons at least...
2024-11-18 11:41 AM EST
Silver Bullet Mines Announces Confirmatory Assay Results on Silver Concentrate from Super Champ
Burlington, Ontario--(Newsfile Corp. - November 12, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it has received multi-element assay results from samples taken from the Super Champ concentrate. These samples were processed by an independent accredited lab. The concentrate was processed at SBMI's mill in Globe, Arizona. The Super Champ is the property owned by a third party upon which SBMI has a perpetual lease, as announced on...
2024-11-12 8:00 AM EST
Silver Bullet Mines Announces Closing on Oversubscribed Debenture
Burlington, Ontario--(Newsfile Corp. - October 21, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it has closed on the Debenture financing announced August 2, 2024. Please see that press release for the characteristics of the Debenture. The amount closed upon is $1,118,000. Cash commissions of $13,500 were paid and 135,000 broker warrants were issued in connection with this financing. The use of proceeds is to continue work at...
2024-10-21 8:00 AM EDT
Silver Bullet Mines Provides Third Party Mineralized Material Update
Burlington, Ontario--(Newsfile Corp. - October 9, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to provide an update to the news release of September 24, 2024 in connection with the 500 pound sampling program of mineralized material from the third party owned past producing silver mine disclosed therein. SBMI completed a detailed comprehensive metallurgical test of the material in a tightly controlled environment using the following...
2024-10-09 12:01 PM EDT
Silver Bullet Mines Commences Commercial Production of Third Party Mineralized Material
Burlington, Ontario--(Newsfile Corp. - September 24, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it has entered into an agreement (the "Agreement") to process high grade mineralized material from a past producing silver mine proximate to SBMI's Buckeye Silver Mine in Arizona, on commercial terms. The private property is owned by an arm's length third party. SBMI has begun processing the material into saleable product, whether...
2024-09-24 8:00 AM EDT
Silver Bullet Mines Sets Mining Schedule at Washington Silver Mine in Idaho and Updates Arizona Mine Operations
Burlington, Ontario--(Newsfile Corp. - August 26, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it has signed a contract with a contract miner (the "Contract Miner") for underground mining at the Washington Silver Mine in Idaho. The Contract Miner is highly experienced, has a long history of underground construction, and is ideally suited for working in high grade vein type structures like those expected to be worked at the...
2024-08-26 2:36 PM EDT
Silver Bullet Mines Provides Update on Washington Silver Mine, A New Director, and a Lead Order for Financing
Burlington, Ontario--(Newsfile Corp. - August 2, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it is continuing preparations for mining at its Washington Mine Property in Idaho, including adding mining strength to its board of directors. The Washington Mine, a historical past producing high grade gold/silver mine, is 100% privately owned by SBMI on patented lands. It is near Idaho City and Boise, proximate to infrastructure. As...
2024-08-02 10:52 AM EDT
Silver Bullet Mines Provides Update on Third Party Material and on the Buckeye Silver Mine
Burlington, Ontario--(Newsfile Corp. - June 13, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it is nearing completion of the testing of the third party stockpile announced May 2, 2024. A random bulk sample of roughly 350 tons of mineralized material (the "Material") was taken from the stockpile and transported from the third party's past producing silver mine to SBMI's mill in Globe, Arizona for testing. The nature of the...
2024-06-13 11:22 AM EDT
Silver Bullet Mines Announces Closing on Debenture
Burlington, Ontario--(Newsfile Corp. - May 14, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it has closed on the Debenture financing announced April 8, 2024. Please see that press release for the characteristics of the Debenture. The amount closed upon is $940,000. Cash commissions of $6,450 were paid and 53,750 broker warrants were issued in connection with this financing. The use of proceeds is to continue work at the Buckeye...
2024-05-14 8:05 AM EDT
Silver Bullet Mines Commences Processing of Third Party Silver Material
Burlington, Ontario--(Newsfile Corp. - May 2, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it has commenced test processing of silver mineralized material (the "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...
2024-05-02 4:05 PM EDT
Silver Bullet Mines Announces Strategic Business Alliance and $1 Million Debenture Financing
Burlington, Ontario--(Newsfile Corp. - April 8, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it is entering into a strategic business agreement (the "Agreement") with Countryman Investments Limited of British Columbia, Canada ("Countryman"). 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,...
2024-04-08 8:00 AM EDT
Silver Bullet Mines Continues Production at its Arizona Mill
Burlington, Ontario--(Newsfile Corp. - February 22, 2024) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') 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...
2024-02-22 10:19 AM EST
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