Silver Bullet Mines Corp. is pleased to announce it has shipped its first commercial quantity of gold and silver concentrate, it has retired significant convertible debt instruments, and it has received funds from the exercise of warrants. The high grade gold/silver concentrate from the KT Mine in Arizona was picked up from the millsite Thursday October 23,, 2025 for transport to the Client. This is the first of what is [...]
Silver Bullet Mines Corp. is pleased to announce positive developments related to its wholly-owned KT Mine in Arizona. First, as the Company finetunes the milling process for the KT material it has been able to substantially increase the concentrate grade. Visual inspections of the material on the shaker table show a distinct line of gold and lead/ silver in the concentrate. The grade of the latest high-grade concentrate [...]
Silver Bullet Mines Corp. is pleased to announce that after a highly successful summer exploration program at the Washington Mine in Idaho, SBMI is commencing Phase Two of its development program. The Company announced on May 1, 2025 it had completed Phase One which included driving a 12 foot x12 foot adit capable of allowing access to the multiple mineralized zones and setting up underground drill stations to help [...]
Silver Bullet Mines Corp. is pleased to announce the final results from the recently completed highly successful bulk sample from the KT Mine in Arizona. SBMI announced its acquisition of the KT Mine on July 23, 2025. As part of its due diligence review of KT, the Company took roughly 50 tons from approximately 400 tons of waste material to its mill for later processing into concentrate. Samples from that waste material [...]
Silver Bullet Mines Corp. provides an update of the ongoing summer field exploration program at its wholly owned Washington Mine in Idaho. "The work and results in this phase of development coupled with the extraordinary results of previous work here leads us to believe the Washington Mine has the potential to again be a significant mine," said A. John Carter, the Company's CEO. SBMI's geological team recently surveyed [...]
Silver Bullet Mines Corp. is pleased to announce it has commenced daily processing of what it reasonably believes to be high-grade silver and gold mineralized material from the Super Champ Mine in Arizona. The material is being processed at the Company's wholly owned mill in Globe, Arizona. The Company intends to process over six tons per hour for eight hours per day, five days per week, to produce silver and gold [...]
Silver Bullet Mines Corp. is pleased to announce the opportunistic arms' length acquisition of the past producing high grade gold mine known as the King Tut Mine in Arizona . The Company acquired King Tut for very low cash terms with no shares to be issued to the vendor, and no royalty of any kind was granted. No finders fees were paid. The Company had a distinct advantage over any other potential purchaser as it has [...]
Silver Bullet Mines Corp. is pleased to announce it has signed back a Firm Offer with a major concentrate buyer for the sale of SBMI's high grade silver/gold concentrates. Negotiations with multiple interested parties have been going on for some time with multiple tests, assays, and metallurgical data required to satisfy all parties, and Management believes the Buyer is the best fit for the Company at this time. As part [...]
Silver Bullet Mines Corp. announces it has located the historical opening to the Subrosa Mineralized Zone in the Washington Mine, Idaho , in roughly the location as described in the Stoker Report. The field team has also located historical timbers and rails which would have supported the Property while in production. SBMI's data and observations continue to be consistent with the contents of the Stoker Report. The [...]
Silver Bullet Mines Corp. announces it has entered into a strategic agreement with each of three accredited investors to collectively acquire 3,836,000 Units at a purchase price of 18 cents per Unit , with each Unit consisting of one common share and one non-transferable common share purchase warrant exercisable at 22 cents for a three year term. The Units will be subject to a four month hold period. The gross proceeds [...]
This release corrects and replaces the press release issued by Silver Bullet Mines Corp., on May 01, 2025, 1:58 PM EDT. 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 [...]
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 [...]