Silver Bullet Mines Corp. Announces Cash Advance on First Order
Burlington, Ontario--(Newsfile Corp. - April 17, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') announces it has entered into a cash advance from a purchaser of SBMI's silver products (the "Purchaser"). SBMI has previously announced an order for 50 kilograms of silver from the Purchaser, which order has since been increased to 500 kilograms (17,600 oz) of silver. The Purchaser has indicated a willingness to purchase 17,600 oz of silver from SBMI every...
2023-04-17 7:50 AM EDT
Silver Bullet Mines Corp. (SBMI) Confirms Anomalous Platinum Group Elements (PGE) in Some Samples on Its Richmond Basin, Arizona Property
Burlington, Ontario--(Newsfile Corp. - March 29, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it has received the assay results from a third party independent (ISO 17025-2017) accredited lab, American Assay Laboratories. These are the 'check assays' for material tested and reported in September and October, 2022. These results confirm the presence of anomalous platinum group elements (PGE) values in some of the material. QA/QC...
2023-03-29 4:52 PM EDT
Silver Bullet Mines Corp. Processes Gold and Silver From Upper Adit at Buckeye Mine Arizona
Burlington, Ontario--(Newsfile Corp. - March 16, 2023) - Further to its press release of March 3, 2023, Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to provide an update on the latest processing campaign at its 125 TPD pilot plant. Over a recent four-day period from March 8 to March 13, 2023, SBMI processed mineralized vein material at its 100% owned mill in Globe, Arizona, from which it recovered concentrate which will be converted to dore bars,...
2023-03-16 8:09 PM EDT
Silver Bullet Mines Corp. Encounters Further Silver Mineralization and Returns to Processing Material at its Mill
Burlington, Ontario--(Newsfile Corp. - March 3, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it is again processing mineralized material at its 125 TPD pilot plant. The mill is currently being fine tuned with low grade material to set the recovery parameters. Having resolved the issues with pouring silver dore bars, and having made the necessary related modification to the mill circuit, the Company intends to soon process...
2023-03-03 9:25 AM EST
Silver Bullet Mines Corp. Provides Update on The Buckeye Mine High Grade Gold, Platinum, and Palladium and Provides First Stage Check of Initial Assays Results
Burlington, Ontario--(Newsfile Corp. - March 2, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company'). Based on a review of the Company's technical disclosure by staff of the Ontario Securities Commission the Company is issuing the following update. On September 26, 2022 and October 18, 2022 the Company disclosed high-grade gold, platinum, palladium, rhodium, and osmium (the "Bonus Materials") results from the Buckeye Mine from the in initial lab. The Company...
2023-03-02 3:09 PM EST
Silver Bullet Mines Corp. Revises NI 43-101 Technical Report
Burlington, Ontario--(Newsfile Corp. - February 15, 2023) - In January, 2021, and as part of the Qualifying Transaction between Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') and Pinehurst Capital 1 Inc. ("Pinehurst"), Mr. Robert G. Komarechka, P.Geo. delivered to Pinehurst the "NI 43-101 Technical Report on the Black Diamond Property" (the "Report"), the form and substance of which were approved by the TSX Venture Exchange. As a result of an ongoing review by...
2023-02-15 5:07 PM EST
Silver Bullet Mines Corp. Assays 270.6 Ounces per Ton Silver in Upper Vein at Buckeye Mine in Arizona
Burlington, Ontario--(Newsfile Corp. - February 15, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') announces strong initial assay results from the interception of the upper main vein at the Buckeye Mine near Globe, Arizona. The vein was intercepted approximately 380 feet from the entrance to the adit. Immediately on contact with the vein, the first significant assays from the vein were 43, 178.6, and 270.6 ounces silver per ton. The samples yielding...
2023-02-15 8:00 AM EST
Silver Bullet Mines Corp. Updates Copper Values at Black Copper
Burlington, Ontario--(Newsfile Corp. - January 31, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to update the assay results from its Black Copper occurrence, reported earlier on January 31, 2023. In SBMI's January 17, 2023 press release, SBMI advised third part geologic consultants including the QP had visited the Black Copper occurrence in late November and early December, 2022. Black Copper is situated on SBMI's Black Diamond property...
2023-01-31 2:22 PM EST
Silver Bullet Mines Corp. Discovers New Sulphide Vein Structures at the Buckeye Mine and a New Gold Occurrence
Burlington, Ontario--(Newsfile Corp. - January 31, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to report results from its Buckeye Mine development, ongoing PGM (platinum group metals) study, assay results from its Black Copper occurrence and the discovery of a new gold occurrence on its Black Diamond Property. Development drift intersecting a wall of
2023-01-31 8:00 AM EST
Silver Bullet Mines Seeks to Extend Warrants
Burlington, Ontario--(Newsfile Corp. - January 30, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') announces it is applying to the TSX Venture Exchange to extend all warrants related to the Company's $0.30 round of financing (the "Warrants"). The Warrants have a two-year term, are exercisable at $0.50 (fifty cents) and were issued in various tranches from February 6, 2021 to July 8, 2021. The Company is seeking regulatory approval to extend all Warrants...
2023-01-30 11:52 AM EST
Silver Bullet Mines Intercepts Vein in Arizona
Burlington, Ontario--(Newsfile Corp. - January 17, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it has intercepted the targeted vein, behind the historical Treasure Room at its Buckeye Silver Mine. This interception occurred on schedule and within SBMI's budget. To intercept the vein SBMI rehabilitated, extended, screened and bolted the upper development drift. The material being removed is being deposited in specific locations...
2023-01-17 8:00 AM EST
Silver Bullet Mines to Resume Development of Buckeye Silver Mine and Update on PGM
Burlington, Ontario--(Newsfile Corp. - December 15, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce the imminent resumption of development of its Buckeye Silver Mine near Globe, Arizona. SBMI plans to extract a bulk sample of mineralized material from the area of the Buckeye Silver Mine known as the Treasure Room, described in a press release of March 1, 2022, located in the upper adit of the Buckeye Silver Mine. Prior to...
2022-12-15 3:12 PM EST
Silver Bullet Mines Provides Overview of Activities
Burlington, Ontario--(Newsfile Corp. - December 12, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') directs readers to the Company's website to view a summary overview provided by the Company's CEO of activities during the past several months. Based on feedback from shareholders as a result of the press release of December 8, 2022, the Company's CEO has provided an anecdotal summary of the Company's activities from September 2022 to date. Readers are...
2022-12-12 8:00 AM EST
Silver Bullet Mines Provides Update on Idaho and Arizona Mines
Burlington, Ontario--(Newsfile Corp. - December 8, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to provide an update on operations at its Washington Mine in Idaho and at its Buckeye Mine in Arizona. In Arizona at the Buckeye, core drilled by a prior optionee at the Buckeye Mine in 2017 has been located and a chain of custody established. The core is being re-logged. There is no record of any of it having been tested for platinum group...
2022-12-08 8:00 AM EST
Silver Bullet Mines Closes Final Tranche of Financing
Burlington, Ontario--(Newsfile Corp. - December 6, 2022) - On October 21, 2022 Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') announced a financing of Units (the "Financing"), whereby each Unit consisted of one common share and one common share purchase warrant. Each Unit is priced at $0.20 (twenty cents). Each common share purchase warrant has a 2-year term and is exercisable at $0.30 (thirty cents). SBMI announces it has closed on the final tranche of the...
2022-12-06 11:43 AM EST
Silver Bullet Mines CTO Lifted
Burlington, Ontario--(Newsfile Corp. - November 10, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') announces the Ontario Securities Commission revoked its failure to file cease trade order ("FFCTO") against SBMI on Thursday, November 10, 2022. The FFCTO was imposed on Tuesday, November 8, 2022, as a result of the Company not filing its audited financial statements and MDA as at June 30, 2022 on schedule. As previously disclosed, during the audit...
2022-11-10 7:55 PM EST
Silver Bullet Mines Closes Financing and Takes Samples from Diabase
Burlington, Ontario--(Newsfile Corp. - November 3, 2022) - On October 21, 2022 Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') announced a financing of Units (the "Financing"), whereby each Unit consisted of one common share and one common share purchase warrant. Each Unit is priced at $0.20 (twenty cents). Each common share purchase warrant has a 2-year term and is exercisable at $0.30 (thirty cents). SBMI announces it has closed on the first tranche of the...
2022-11-03 8:00 AM EDT
Silver Bullet Mines Update
Burlington, Ontario--(Newsfile Corp. - October 28, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') on October 21, 2022 announced a financing of Units (the "Financing"), whereby each Unit consisted of one common share and one common share purchase warrant. Each Unit is priced at $0.20 (twenty cents). Each common share purchase warrant has a 2-year term and is exercisable at $0.30 (thirty cents). SBMI announces the Financing has received conditional stock...
2022-10-28 6:34 PM EDT
Silver Bullet Mines Financing for High-Grade Gold and PGMs
Burlington, Ontario--(Newsfile Corp. - October 21, 2022) - On September 26, 2022 Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') disclosed it had found significant levels of palladium, platinum, rhodium, osmium and gold in its concentrate. On October 18, 2022 SBMI announced a second round of assay results proving up the palladium, platinum, rhodium, osmium and gold in representative mineralized material from its Buckeye Silver Mine near Globe, Arizona. To allow...
2022-10-21 8:00 AM EDT
Silver Bullet Mines Continues to Assay for High-Grade Gold and PGMs
Burlington, Ontario--(Newsfile Corp. - October 18, 2022) - On September 26, 2022, Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') disclosed it had found significant levels of palladium, platinum, rhodium, osmium and gold in its concentrate. To help identify with greater precision the location of the source of the platinum, palladium, rhodium, osmium and gold, SBMI recently took samples directly from locations around the Buckeye Silver Mine and the Company's...
2022-10-18 8:00 AM EDT