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Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) is a mining company headquartered in Burlington, Ontario, operating a mill near Globe, Arizona. The company has been actively processing mineralized material from the Buckeye Silver Mine, with muck assays as high as 8 ounces per ton and vein assays up to 480 ounces per ton silver. SBMI's strategic partnership with Countryman Investments Limited aims to provide financial stability and business opportunities. Recent developments include test processing of silver material, the closure of a debenture financing, and ongoing work at the Buckeye Silver Mine and Washington Mine. SBMI's focus on efficient production and revenue generation demonstrates its commitment to growth and operational excellence.
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Silver Bullet Mines Corp. (SBMCF) has received approval for its mine training program from the Mine Safety and Health Association, marking a significant step in its transformation to a silver producing company. The approval covers both underground and surface operations, with the field team in Arizona currently undergoing the annual training program. The company aims to address safety-related items, develop the higher-grade Zone1, and commence commercial operations in the near future.
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Silver Bullet Mines Corp. (SBMI) announced the successful processing of a bulk sample of mixed mineralized material from Zone1 at the Buckeye Silver Mine. The 40-ton sample confirmed high-grade silver nature, recovery rates, and the mill's ability to process a large amount of material from Zone1. The concentrates averaged 24.2 ounces per ton (829.7 grams/tonne) silver, with a high-grade line of 334 ounces per ton (11,451.5 grams/tonne) recovered. The next step involves magnetic separation of the concentrates to remove iron and PGMs, followed by pouring of silver dore bars. The Company plans to commence processing Zone1 materials on a larger scale, while continuing to stockpile material from Zone1 at the minesite. Mining continues in Zone1, with water noted in recent drill holes, indicating a potential alteration in silver grade.
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Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) has applied for an extension of 30 days price protection to complete further subscriptions for the private placement originally announced in October 2023. The company has begun processing mineralized material from the new Zone1 at the Buckeye Silver Mine and granted options to officers, directors, and consultants. Assay results from the bulk sample are anticipated within a week or so.
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Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) announces the appointment of Mr. John Kontak to its board of directors. The company also reports the shipping of mineralized material from Zone1 at the Buckeye Mine to the mill has begun. Continual sampling and assaying will take place at all stages of the milling process to determine the best blend of material to attain the highest recovery rates and to make the necessary adjustments to the process. The company continues to mine at Zone1 at the Buckeye, with samples showing promising silver content.
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Silver Bullet Mines Corp. (SBMI) announces high-grade silver results with up to 24.2 oz/ton silver from new muck piles and directly from the vein. The Company is moving to the next stage in the development of Zone1, expecting the grade to increase further in future blasts. This is significant as it validates the interpretation of historical and current data, supporting the theory of grade increase. The Company believes Zone1 could contain a significant quantity of silver and other metals, intending to continue drilling and blasting. A third party plans to send 900 pounds of gold concentrate to SBMI's mill for processing into a higher purity product. SBMI is working with a transport company to arrange transportation to the mill. However, readers are cautioned that the samples may not be representative of the Buckeye Mine as a whole.
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Silver Bullet Mines Corp. announces a potential third revenue stream from a verbal agreement with an Investor/Client. The Investor/Client will ship approximately 900 pounds of high-grade gold concentrate to SBMI's mill in Arizona to be processed. If successful, this could become a near-term revenue stream for SBMI.
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Silver Bullet Mines Corp. announces high grade assay results from the Treasure Room at the Buckeye Mine in Arizona, along with a financing and the re-pricing of warrants.
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Silver Bullet Mines Corp. intercepts targeted mineralized zone at Buckeye Mine in Arizona
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Silver Bullet Mines continues mining operations in Arizona and receives cash infusion.
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Silver Bullet Mines Corp. announces continuation of mining operations at Buckeye Mine in Arizona and a cash infusion
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FAQ
What is the current stock price of SILVER BULLET MINES (SBMCF)?
The current stock price of SILVER BULLET MINES (SBMCF) is $0.0975 as of January 28, 2025.
What is the market cap of SILVER BULLET MINES (SBMCF)?
The market cap of SILVER BULLET MINES (SBMCF) is approximately 7.1M.
What is Silver Bullet Mines Corp.'s core business?
Silver Bullet Mines Corp. is a mining company operating a mill near Globe, Arizona, focused on processing mineralized material from the Buckeye Silver Mine.
What recent achievements has Silver Bullet Mines Corp. announced?
Recent achievements include forming a strategic partnership with Countryman Investments Limited, closing a debenture financing, and ongoing work at the Buckeye Silver Mine and Washington Mine.
What are some key partnerships of Silver Bullet Mines Corp.?
Silver Bullet Mines Corp. has a strategic business agreement with Countryman Investments Limited, providing financial support and business opportunities.
How does Silver Bullet Mines Corp. generate revenue?
Silver Bullet Mines Corp. generates revenue by processing mineralized material from various mining sites, producing silver dore bars, and potentially acquiring past producing silver mines.
What sets Silver Bullet Mines Corp. apart in the mining industry?
Silver Bullet Mines Corp.'s focus on operational efficiency, revenue generation through processing various mineralized materials, and commitment to growth and excellence set it apart in the mining industry.
SILVER BULLET MINES CORP
OTC:SBMCF
SBMCF Rankings
SBMCF Stock Data
7.14M
56.90M
27.23%
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United States of America
Burlington