Silver Bullet Mines Corp. Discovery of Palladium and Gold
Burlington, Ontario--(Newsfile Corp. - September 26, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') has assayed, among other elements, significant quantities of palladium and gold in the mineralized material from its Buckeye Silver Mine in Arizona. These surprise discoveries are not factored into any of the Company's internal financial projections. This mineralized material was taken from a newly exposed section at the Buckeye. Palladium is currently...
2022-09-26 8:00 AM EDT
Silver Bullet Mines Corp. Begins Processing of Higher Grade Ore
Burlington, Ontario--(Newsfile Corp. - September 1, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce two major achievements. It has begun processing higher grade ore at its 100%-owned mill, and it has signed its first contract for the delivery of silver dore bars. "These are major milestones in the Company's growth," said A. John Carter, SBMI's CEO. "In less than a year after starting construction of our mill, we are processing the...
2022-09-01 8:00 AM EDT
Silver Bullet Mines Corp. Updates on Washington Mine in Idaho
Burlington, Ontario--(Newsfile Corp. - August 23, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to provide an update on its ongoing operations at its 100%-owned Washington Mine in Idaho. This mine is on patented lands. Site work has commenced to prepare the property for rehabilitation and production. A local portable sawmill operator is on-site to prepare to mill timbers. A contractor has been scheduled to upgrade the access road and to...
2022-08-23 7:55 AM EDT
Silver Bullet Mines Corp. Closes Financing
Burlington, Ontario--(Newsfile Corp. - August 15, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is very pleased to announce it has closed on its debt financing (the "Financing"), previously announced on August 11, 2022. The Financing is with SBMI's largest institutional shareholder (the "Lender"), pursuant to which SBMI has borrowed CDN$650,000 (six hundred and fifty thousand dollars) from the Lender for an 18-month term. The Financing provides for an...
2022-08-15 9:44 PM EDT
Silver Bullet Mines Corp. Operational Update
Burlington, Ontario--(Newsfile Corp. - August 11, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') provides an operational update on the ramp-up of its 125 metric ton per day pilot plant in Arizona, on progress at its Buckeye Silver Mine in Arizona, and on progress at the Washington Mine in Idaho. While processing the lower-grade material from the Buckeye, all components of the Arizona mill continue to perform within parameters. Adjustments continue to...
2022-08-11 9:21 AM EDT
Silver Bullet Mines Corp. Releases Assay Results Including 2,363.8 oz/t Silver
Burlington, Ontario--(Newsfile Corp. - July 25, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or "the Company") announces spectacular assay results for silver from its Buckeye Mine in Arizona. The assay results below came from a test carried out by SBMI to further confirm, in practice, the efficiencies with which SBMI's assay lab would process the high-grade ore from the Buckeye Mine. The person who carried out the test in Arizona was Ron Murphy, the Company's VP...
2022-07-25 7:03 PM EDT
Silver Bullet Mines Corp. Produces Silver
Burlington, Ontario--(Newsfile Corp. - July 13, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or "the Company") is both pleased and proud to announce it has successfully produced silver and copper at its wholly owned 125 metric ton per day mill near Globe, Arizona. "This production is the result of years of hard work, planning and dedication, and the incredible talents of the Arizona team," said A. John Carter, SBMI's CEO. "Over the past ten months, despite COVID-19...
2022-07-13 8:05 AM EDT
Silver Bullet Mines Corp. Announces Settlement of Debt
Burlington, Ontario--(Newsfile Corp. - July 12, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or "the Company") 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...
2022-07-12 2:36 PM EDT
Silver Bullet Mines Corp.'s Successful Commissioning of Its Silver Pilot Plant
Burlington, Ontario--(Newsfile Corp. - July 5, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or "the Company") 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...
2022-07-05 11:40 AM EDT
Commissioning of Silver Bullet Mines Corp.'s Mill Has Begun
Burlington, Ontario--(Newsfile Corp. - June 9, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or "the Company") 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...
2022-06-09 12:55 PM EDT
Silver Bullet Mines Corp. Near-Term Production at Washington Silver Mine in Idaho
Burlington, Ontario--(Newsfile Corp. - May 5, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or "the Company") 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...
2022-05-05 8:05 AM EDT
Silver Bullet Mines Corp. Invited Back to Emerging Growth Conference and Update on Mill in Arizona
Burlington, Ontario--(Newsfile Corp. - April 25, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or "the Company") 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...
2022-04-25 8:05 AM EDT
Silver Bullet Mines Corp. Announces Listing on OTCQB
Burlington, Ontario--(Newsfile Corp. - April 11, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) ("SBMI" or "the Company") 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...
2022-04-11 8:01 AM EDT
Silver Bullet Mines Corp. Provides Assay Results from the Buckeye Mine Including a Footwall Assay of 706.6 Ounces per Ton Silver
Burlington, Ontario--(Newsfile Corp. - April 4, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) ("SBMI" or "the Company") 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...
2022-04-04 8:00 AM EDT
Silver Bullet Mines Corp. Closing of Oversubscribed Financing
Burlington, Ontario--(Newsfile Corp. - March 30, 2022) - On March 25, 2022, Silver Bullet Mines Corp. (TSXV: SBMI) ('SBMI' or 'the Company') announced an extension to close on the final tranche of its previously announced financing (the "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,"...
2022-03-30 8:58 AM EDT
Silver Bullet Mines Corp. New Auditors and Extension of Oversubscribed Financing
Burlington, Ontario--(Newsfile Corp. - March 25, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) ('SBMI' or 'the Company') announces an extension to close on the final tranche of its previously announced financing (the "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...
2022-03-25 8:00 AM EDT
Silver Bullet Mines Corp. to Commence Mining at its Wholly-Owned Washington Mine in Idaho
Burlington, Ontario--(Newsfile Corp. - March 15, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) ('SBMI' or 'the Company') 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...
2022-03-15 8:00 AM EDT
Silver Bullet Mines Corp. Second Tranche of Successful Financing
Burlington, Ontario--(Newsfile Corp. - March 11, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) ('SBMI' or 'the Company') 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 (forty cents). Each Unit consists of one common share and one full 60-cent (sixty cent) warrant with a 24-month term, with each such warrant being exercisable into a common...
2022-03-11 1:28 PM EST
Silver Bullet Mines Corp. Is First Mining Company in the Metaverse
Burlington, Ontario--(Newsfile Corp. - March 10, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) ('SBMI' or 'the Company') 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...
2022-03-10 11:36 AM EST
Silver Bullet Mines Corp. Breaks Into the Treasure Room and Reports Assay Results
Burlington, Ontario--(Newsfile Corp. - March 1, 2022) - Silver Bullet Mines Corp. (TSXV: SBMI) ('SBMI' or 'the Company') 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...
2022-03-01 11:38 AM EST