Silver Bullet Mines Corp. provides an update on the timetable for production at its Buckeye Silver Mine near Globe, Arizona and reports assay results. SBMI's initial target at the Buckeye is the high-grade polymetallic mineralized drift identified in 1976 by K.C. Delise, in a Mine Shaft Survey dated October 23, 1976 prepared by him for International Resources and Minerals Development Company. He identified this zone as [...]
Silver Bullet Mines Corp. announces it has closed on $764,000, in its previously announced financing. This represents 1,910,000 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 warrants. That pricing is at a 33% premium to the previous round [...]
Silver Bullet Mines Corp. announced its intention to carry out an accretive non-brokered financing of Units. Each Unit is priced at $0.40 and comprises 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 warrants. That pricing is at a 33% premium to the previous round of financing. The Financing has [...]
Silver Bullet Mines Corp. announces significant achievements related to the Washington Mine in Idaho and the Buckeye Silver Mine in Arizona. In Idaho, the Company has engaged the Center for Advanced Materials Processing of Montana Technical University, part of Montana University, to provide it with mineralogy, gravity, and flotation testwork. In Arizona, the field team has broken into what it believes to be the [...]
Silver Bullet Mines Corp. announces its intention to carry out an accretive non-brokered financing of Units. Each Unit will be priced at $0.40 per Unit and will comprise 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 . Readers are reminded the Qualifying Transaction that resulted in SBMI being a reporting issuer in December, 2021 was [...]
Silver Bullet Mines Corp. announces the arrival of its third and final shipping container at its millsite near Globe, Arizona. The container finally cleared through the port of Long Beach and its contents were delivered to the millsite this past weekend. This container holds the motor and drive train for the ball mill, which are the final major components required to complete construction. The Company will now be able to [...]
John Carter, Chief Executive Officer and Director, Silver Bullet and his team joined Robert Peterman, Vice President, Global Business Development, Toronto Stock Exchange, to celebrate the Company's new listing and open the market. Silver Bullet Mines is an overnight sensation, ten years in the making. The company is on track to put the Buckeye Silver Mine back into pilot production this quarter. The Buckeye and four other [...]
Silver Bullet Mines Corp. announces it has begun extracting mineralized material from its Buckeye Silver Mine in Arizona after taking delivery of its first shipment of blasting powder. SBMI's intention is to produce an initial total of 10,000 tonnes of mineralized material at a rate of 125 tonnes per day. SBMI also announces it has been invited by the TMX Group to ring the bell at market open on Monday, January 31st at [...]
Silver Bullet Mines Corp. is pleased to report excellent assay results from a bulk sample from its Washington Mine in Idaho. The assay results from SBMI's own assay lab on site have been corroborated by a third-party accredited lab. "The importance of these results cannot be overstated," said A. John Carter, the Company's CEO. "These results support three important conclusions. First, they are in line with historical [...]
Silver Bullet Mines Corp. is very pleased to provide an update on the construction of its modular pilot plant in Arizona. The plant is wholly-owned by SBMI and is intended upon completion to process up to 125 metric tonnes of material per day. It is of modular design capable of being expanded in size and modified as required. The plant is being constructed on SBMI-owned private property approximately 8 miles from Globe [...]
Silver Bullet Mines is pleased to announce the first technical disclosure on its work at the Washington Mine on patented lands in the prolific placer gold district in Idaho. Three rounds of sampling were carried out and are reported below. The results from these rounds provided confirmation of the high grade nature of the Property's mineralization potential; direction for the development of a bulk sampling program; and [...]
Following the closing of its Qualifying Transaction and the listing of its common shares on the TSXV under the symbol SBMI, Silver Bullet Mines is excited to provide its first operational update. SBMI's flagship asset is the Black Diamond Project located in the major mining camp of Globe, Arizona. Black Diamond is a massive project, covering 4900 acres and hosting five former producing silver mines. SBMI also owns the [...]
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