Silver Bullet Mines Corp.

Silver Bullet Mines Corp. is very pleased to report it has successfully completed the first phase of development of the Washington Mine in Idaho. Highlights of this development include the following: Successfully advanced a 12 foot x 12 foot main haulage tunnel 190 feet Set up underground drill stations that will help further define the geometry of the mineralized zones Successfully broke into the historical Washington [...]

Silver Bullet Mines Corp. is very pleased to report it has signed an open purchase agreement for the sale of SBMI's gold and silver concentrate, for the period beginning April 11, 2025 and running to December 31, 2026. The agreement is on standard terms and is non-exclusive. The purchaser is based in the United States of America so the Company does not expect the current tariffs to have a material impact on the purchases [...]

Silver Bullet Mines is pleased to announce it has been able to increase the concentrate grade of the Super Champ material to 530 ounces per ton silver. This is an approximate 12% increase over the previous production run high. The Company has been able to achieve this significant increase through a combination of improved mill efficiencies and higher head grade. As the vein is further exposed and access to the unoxidized [...]

Silver Bullet Mines is pleased to provide an update on the extraordinary and fast progress at the Super Champ Mine in Arizona. "Through a combination of hard work and the efforts of the Arizona mining team, the Super Champ is quickly demonstrating the potential to be a significant cost-effective gold/silver producer," said John Carter, the Company's CEO. "Events are unfolding rapidly as we blast into the surface material [...]

Silver Bullet Mines Corp. is pleased to announce it has accessed the historic high grade silver vein at its wholly-owned Washington Mine in Idaho. This portion of the vein was targetted using the Stoker Report among other data. The Stoker Report indicates a blocked-out volume contains an estimated 3 million ounces of silver with a grade of 30 to 90 ounces per ton and 15,000 ounces of gold at 0.3 ounces per ton. Stoker [...]

Silver Bullet Mines Corp. announces it has shipped its first order of silver concentrate processed from material from the Super Champ in Arizona. The Company expects further shipments to this same customer as further concentrate is generated, eventually reaching a goal of regular deliveries against regular payments. John Carter, SBMI's CEO, said, "This revenue generation has been the goal since SBMI started work. The [...]

Silver Bullet Mines Corp. announces it has closed on the final tranche of its previously announced financing. This tranche consists of $1,747,520, meaning the financing was oversubscribed by $1,086,020. This final tranche represents 9,505,163 Units, with each Unit priced at $0.12 . Each Unit consists of one common share and one full $0.16 warrant with a 36-month term, with each such warrant being exercisable into a common [...]

Silver Bullet Mines Corp. 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 . Each Unit consists of one common share and one full $0.16 warrant with a 36-month term, with each such warrant being [...]

Silver Bullet Mines Corp. 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 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 contents of the Stoker Report, a copy of which is available [...]

Silver Bullet Mines Corp. 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 of typical float sample. Float sample To [...]