Silver Bullet Mines Corp. announces it has settled a payable to a significant shareholder of the Company in the amount of $70,800 by the issuance of 236,000 common shares at $0.30 cents per share. This shareholder elected to settle the payable by taking equity rather than cash, a strong sign of confidence in SBMI's business plan. Please check the Company's website www.silverbulletmines.com, or follow on Twitter [...]
Silver Bullet Mines Corp. announces it has successfully completed commissioning of its wholly owned 125 MTPD state of the art mill near Globe, Arizona. This is the latest major achievement in progressing towards bulk sampling and silver production. Despite minor delays caused by COVID-19, the commissioning was successfully completed on July 3, 2022. Over the past few weeks all equipment at the mill was test run and [...]
Silver Bullet Mines Corp. announces it has commenced commissioning of its wholly owned 125 MTPD state of the art mill located near Globe, Arizona. This is the next step to silver production. "Commissioning is the culmination of much planning and hard work," said A. John Carter, SBMI's CEO. "The field team overcame global supply chain issues to create a functioning 125 MTPD mill, in a location that was an empty field only [...]
Silver Bullet Mines Corp. is pleased to provide an update on operations at its 100%-owned Washington Mine in Idaho. This mine is on patented lands. "We are pleased to be back at the Washington Mine and moving forward to production," said A. John Carter, SBMI's CEO. "The plan is to access the ore zone in June, to commence production in July, and to continue to work through the winter of 22-23." SBMI is in discussions with [...]
Silver Bullet Mines Corp. is pleased to provide the following update on the current status of operations at its 100%-owned mill near Globe, Arizona. All major components are in place at the mill and the technical team is completing the installation of smaller components while preparing for the installation of the electrical system. The timing of starting of the electrical work was dependent upon the timing of delivery of [...]
Silver Bullet Mines Corp. is pleased to announce that on April 11, 2022 its common shares will commence trading on the OTCQB under the symbol SBMCF. The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol SBMI. "We listed on the TSX Venture Exchange on December 6, 2021," said A. John Carter, SBMI's CEO. "Since we have been repeatedly contacted by U.S-based investors seeking to [...]
Silver Bullet Mines Corp. is pleased to provide the following report on its continuous assay program at its Buckeye Silver Mine in Arizona. This press release reports the recent assay results from 44 samples. The assays were processed at SBMI's non-ISO in-house assay facility in Arizona under the supervision of Robert Budd, a metallurgical engineer whose career in metallurgy began in 1972, and Vic Powers, a certified [...]
On March 25, 2022, Silver Bullet Mines Corp. announced an extension to close on the final tranche of its previously announced financing . The Company announces it has now closed on the final round of the Financing. The gross cash proceeds from the Financing is $2,718,903. "We thank the shareholders for their continued faith in our business plan and in our ability to execute on it," said A. John Carter, SBMI's CEO. "We had [...]
Silver Bullet Mines Corp. announces an extension to close on the final tranche of its previously announced financing . The Company has closed on two tranches already in the Financing and has outstanding subscription agreements in hand. The total amount when adding the cash from those two tranches and the outstanding subscription agreements is $2,518,903. The TSX Venture Exchange has granted an extension to April 1, 2022 [...]
Silver Bullet Mines Corp. announces it has made a production decision for its Washington Mine on patented land in Idaho. Upon review of the historical records, SBMI's 2021 and 2022 field programs, the proposed budget, the success of the financing announced February 9 of this year, the existing infrastructure and the current data including SBMI's blended bulk sample that yielded 55.5 ounces silver per tonne, the board has [...]
Silver Bullet Mines Corp. announces it today has closed on $810,075 in its previously announced financing, bringing the total raised to date to $1,574,075. This tranche represents 2,205,188 Units, with each Unit priced at $0.40 . Each Unit consists of one common share and one full 60-cent warrant with a 24-month term, with each such warrant being exercisable into a common share . There is no acceleration clause on such [...]
Silver Bullet Mines Corp. announces its presence in the Metaverse, allowing users to learn about SBMI while enjoying a rich fun immersive experience. To the best of its research, SBMI is the first mining company to be there. "We are always looking for ways to enrich our communications with the shareholders," said A. John Carter, SBMI's CEO. "Being first in the metaverse allows us to engage differently with a larger [...]
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