Silver Bullet Mines Corp. 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 [...]
Silver Bullet Mines Corp. 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 [...]
Silver Bullet Mines Corp. 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: https://images.newsfilecorp.com/files/8464/231011_284726a544b9a8a0_001full.jpg The Company has signed a contract with a contract miner to [...]
Silver Bullet Mines Corp. is pleased to announce it has unexpectedly intercepted a historical mining tunnel, shaft and waste piles, during development of the Super Champ vein structure . There is no historical documentation on this tunnel or what was mined out of it. The Company's field team estimates this zone was mined by unknown persons at least [...]
Silver Bullet Mines Corp. 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 [...]
Silver Bullet Mines Corp. 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 [...]
Silver Bullet Mines Corp. 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 [...]
Silver Bullet Mines Corp. is pleased to announce it has entered into an 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 [...]
Silver Bullet Mines Corp. is pleased to announce it has signed a contract with a 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 [...]
Silver Bullet Mines Corp. 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 [...]
Silver Bullet Mines Corp. 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 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 [...]
Silver Bullet Mines Corp. 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 [...]
