Silver Bullet Mines Corp - Mining Stock Analysis & Updates

Silver Bullet Mines Assays 217.6 oz/ton Silver in Blast Material and Signs First Agreement for the Sale of SBMI Silver and Gold Concentrate

Silver Bullet Mines Increases Concentrate Grade to 530 Oz/ton Silver in Latest Production Run in Arizona

Silver Bullet Mines Corp. has increased the concentrate grade of its Super Champ material to 530 ounces per ton silver, a 12% rise. Improved mill efficiencies and higher head grades contributed to this. The company is developing an adit for better access and increased production. They made their first concentrate sale, with positive feedback from the buyer, who reported successful recovery of silver and gold. The company also issued 1,071,429 shares at $0.14 each.

Silver Bullet Mines Provides Update at Super Champ in Arizona and Assays up to 405.4 oz / T Silver

Silver Bullet Mines Corp. reports rapid progress at the Super Champ Mine in Arizona, with significant potential for gold/silver production. CEO John Carter highlights advancements in mining efforts, promising silver grades, and the development of a new adit to access deeper mineralization.

Silver Bullet Mines Intercepts High Grade Silver Zone at Washington Mine in Idaho

Silver Bullet Mines Corp. has accessed a high-grade silver vein at its Washington Mine in Idaho, estimating 3 million ounces of silver and 15,000 ounces of gold. Recent drilling has confirmed the presence of the vein, with samples sent for assay.

Silver Bullet Mines Corp. Announces Initial Order of Silver Concentrate and Attains Targeted Production Rate at Processing Mill

Silver Bullet Mines Corp. announced its first shipment of silver concentrate from the Super Champ mine, marking a revenue milestone. CEO John Carter emphasized ongoing production improvements and expectations for increased silver grades, supported by new equipment purchases.

Silver Bullet Mines Corp. Closes Oversubscribed Financing and Announces Advances at Washington Mine in Idaho

Silver Bullet Mines Corp. has closed a $1.75M financing tranche, oversubscribed by $1.1M, totaling $2.59M for development at Super Champ and Washington Mines. The funding includes shares and warrants, with fees paid to brokers. Mining operations at Washington Mine are underway despite minor delays.

Silver Bullet Mines Corp. Announces Extension of Closing Date of Financing

Silver Bullet Mines Corp. has received TSXV approval to extend the closing of its financing by 30 days, now set for January 24, 2025. The financing includes Units priced at $0.12 each, aimed at funding development programs in Arizona and Idaho, plus working capital.

Silver Bullet Mines Corp. Reaches Target Underground at Washington Mine in Idaho

Silver Bullet Mines Corp. announced the completion of the first phase of underground development at the Washington Mine in Idaho, including successful blasting and safety measures. The company plans to extract 2,500 tons of material and document mineralization.

Silver Bullet Mines Discovers Additional High Grade Silver Mineralization at Super Champ Mine (405.4 oz/ton silver) in Arizona

Silver Bullet Mines Corp. announced the discovery of high-grade silver float during surface exploration near the Super Champ Vein in Arizona, suggesting a parallel vein system. Promising assay results indicate potential for increased silver production, prompting further exploration plans.

Silver Bullet Mines Corp. Announces Successful Financing

Silver Bullet Mines Corp. closed a $514,000 financing, issuing 4,283,333 units at $0.12 each, including warrants. Funds will support development at Super Champ Mine in Arizona and Washington Mine in Idaho, along with working capital. Forward-looking statements included.

Silver Bullet Mines Corp. Announces Strategic Financing

Silver Bullet Mines Corp. announces a strategic financing of up to $1.5 million through a private placement to fund development and exploration at its mines in Idaho and Arizona, while also providing shares as interest payments on debentures.

Silver Bullet Mines Continues to Assay Super Champ in Arizona for High Grade Silver (508.8 oz/ton)

Silver Bullet Mines Corp. reported high-grade silver assays from the Super Champ in Arizona, with samples showing over 1000 oz/ton silver. Two geologists confirmed the company's sampling practices are sound. The findings suggest potential for significant mineral resources.

Silver Bullet Mines Corp. Advances Mining Activity at Washington Mine in Idaho

Silver Bullet Mines Corp. has started contract mining at the Idaho Washington Mine, with a miner experienced in high grade vein operations. The miner will perform underground development and bulk sampling at the Washington Mine, which was historically a high grade gold mine. The company aims to initially target an area last tested in the 1980s which previously showed significant quantities of silver and gold. The miner has begun work to access this target zone, which is believed to be 80 feet from the portal opening.

Silver Bullet Mines Corp. Intercepts Historical Tunnel at Super Champ and Assays High Grade Silver (1093.2 oz Silver/Ton)

Silver Bullet Mines Corp. announced the unexpected discovery of a historical mining tunnel and waste piles while developing the Super Champ vein structure. There is no documentation about this tunnel or what was mined from it, but it is estimated to be over a century old. The company's CEO, A. John Carter, views this as a significant discovery, which further validates their hypothesis for high grade silver and potentially gold production. Visible silver in the Tunnel Zone was reported by the field team. Samples from this zone showed high grade silver, signaling potential for revenue.

Silver Bullet Mines Announces Confirmatory Assay Results on Silver Concentrate from Super Champ

Silver Bullet Mines Corp. (SBMI) has received positive assay results from samples of the Super Champ concentrate, processed by an independent lab. The property, owned by a third party, is leased perpetually by SBMI. Recent results show high levels of silver, and a gold value of .52 ounces (16.16 grams/ton), indicating an increase in concentrate value. The results also confirm the accuracy of SBMI's lab data. The company is now negotiating the concentrate's sale, with timing dependent on buyer demand. SBMI continues to process and stockpile material from the Super Champ.