Silver Bullet Mines Provides Update at Super Champ in Arizona and Assays up to 405.4 oz / T Silver
Silver Bullet Mines Corp (SBMCF) reports significant progress at its Super Champ Mine in Arizona, where development has been ongoing since November 2024. The company has successfully delineated a vein over 1500 feet and begun driving a development adit, with samples yielding impressive assay results up to 405.4 ounces per ton silver.
The company is currently processing material at their 100%-owned mill in Globe, Arizona, at a rate of 7 tons per hour. The vein is located approximately 70 feet from the adit opening, which has advanced over 25 feet. SBMI has already completed its first sale of concentrates from Super Champ material and is prepared for subsequent shipments.
The development continues without requiring additional capital expenditures, as the company has all necessary equipment in place. SBMI believes silver grades will increase at depth based on strong assay values and secondary enrichment science.
Silver Bullet Mines Corp (SBMCF) riporta progressi significativi nella sua Super Champ Mine in Arizona, dove lo sviluppo è in corso da novembre 2024. L'azienda ha delineato con successo un filone di oltre 1500 piedi e ha iniziato a scavare un adito di sviluppo, con campioni che mostrano risultati di analisi impressionanti fino a 405,4 once per tonnellata di argento.
L'azienda sta attualmente elaborando materiale presso il suo impianto di proprietà al 100% a Globe, in Arizona, a una velocità di 7 tonnellate all'ora. Il filone si trova a circa 70 piedi dall'apertura dell'adito, che è avanzato di oltre 25 piedi. SBMI ha già completato la sua prima vendita di concentrati dal materiale di Super Champ ed è pronta per le spedizioni successive.
Lo sviluppo continua senza richiedere ulteriori spese in capitale, poiché l'azienda ha già in atto tutte le attrezzature necessarie. SBMI crede che i gradi di argento aumenteranno in profondità basandosi su forti valori di analisi e scienza dell'arricchimento secondario.
Silver Bullet Mines Corp (SBMCF) informa sobre avances significativos en su Super Champ Mine en Arizona, donde el desarrollo ha estado en curso desde noviembre de 2024. La empresa ha delineado con éxito un filón de más de 1500 pies y ha comenzado a excavar un adito de desarrollo, con muestras que han arrojado resultados de análisis impresionantes de hasta 405.4 onzas por tonelada de plata.
La empresa está procesando material en su molino de propiedad al 100% en Globe, Arizona, a una tasa de 7 toneladas por hora. El filón se encuentra aproximadamente a 70 pies de la apertura del adito, que ha avanzado más de 25 pies. SBMI ya ha completado su primera venta de concentrados del material de Super Champ y está preparada para envíos posteriores.
El desarrollo continúa sin requerir gastos de capital adicionales, ya que la empresa tiene todo el equipo necesario en su lugar. SBMI cree que los grados de plata aumentarán en profundidad basándose en fuertes valores de análisis y ciencia de enriquecimiento secundario.
Silver Bullet Mines Corp (SBMCF)는 애리조나의 Super Champ Mine에서 2024년 11월부터 진행 중인 개발의 중요한 진전을 보고합니다. 이 회사는 1500피트 이상의 광맥을 성공적으로 구분하고 개발 아디트를 시작했으며, 샘플에서 톤당 405.4 온스의 은이라는 인상적인 분석 결과를 얻었습니다.
회사는 현재 애리조나 글로브에 있는 100% 소유의 제분소에서 시간당 7톤의 속도로 자재를 처리하고 있습니다. 광맥은 아디트 개구부에서 약 70피트 떨어져 있으며, 25피트 이상 진전되었습니다. SBMI는 Super Champ 자재의 농축물 첫 판매를 이미 완료했으며, 후속 선적을 준비하고 있습니다.
개발은 추가 자본 지출 없이 계속 진행되고 있으며, 회사는 필요한 모든 장비를 갖추고 있습니다. SBMI는 강력한 분석 값과 2차 농축 과학에 기반하여 깊이에 따라 은의 품질이 증가할 것이라고 믿고 있습니다.
Silver Bullet Mines Corp (SBMCF) fait état de progrès significatifs dans sa Super Champ Mine en Arizona, où le développement est en cours depuis novembre 2024. L'entreprise a réussi à délimiter un filon de plus de 1500 pieds et a commencé à creuser un adit de développement, avec des échantillons donnant des résultats d'analyse impressionnants allant jusqu'à 405,4 onces par tonne d'argent.
L'entreprise traite actuellement du matériel dans son usine entièrement détenue à Globe, en Arizona, à un rythme de 7 tonnes par heure. Le filon est situé à environ 70 pieds de l'ouverture de l'adit, qui a progressé de plus de 25 pieds. SBMI a déjà complété sa première vente de concentrés à partir du matériel de Super Champ et est prête pour les expéditions suivantes.
Le développement se poursuit sans nécessiter de dépenses d'investissement supplémentaires, car l'entreprise dispose de tout l'équipement nécessaire. SBMI croit que les teneurs en argent augmenteront en profondeur sur la base de valeurs d'analyse solides et de la science de l'enrichissement secondaire.
Silver Bullet Mines Corp (SBMCF) berichtet über bedeutende Fortschritte in seiner Super Champ Mine in Arizona, wo die Entwicklung seit November 2024 im Gange ist. Das Unternehmen hat erfolgreich einen Gang von über 1500 Fuß abgesteckt und mit dem Vortrieb eines Entwicklungsstollens begonnen, wobei Proben beeindruckende Analyseergebnisse von bis zu 405,4 Unzen pro Tonne Silber liefern.
Das Unternehmen verarbeitet derzeit Material in seiner zu 100 % im Besitz befindlichen Mühle in Globe, Arizona, mit einer Rate von 7 Tonnen pro Stunde. Der Gang befindet sich etwa 70 Fuß von der Stolleneingang entfernt, der sich um über 25 Fuß vorangeschritten ist. SBMI hat bereits seinen ersten Verkauf von Konzentraten aus Super Champ-Material abgeschlossen und ist bereit für nachfolgende Sendungen.
Die Entwicklung erfolgt ohne zusätzliche Investitionsausgaben, da das Unternehmen über alle erforderlichen Geräte verfügt. SBMI ist überzeugt, dass die Silbergehalte in der Tiefe aufgrund starker Analysewerte und der Wissenschaft der sekundären Anreicherung steigen werden.
- High-grade silver assays up to 405.4 oz/ton
- Processing 7 tons per hour at company-owned mill
- First concentrate sale completed
- No additional capital expenditure needed for development
- Vein delineated over 1500 feet
- Actual mineral content of sold concentrate still pending verification
- Random samples may not be representative of overall deposit
Burlington, Ontario--(Newsfile Corp. - March 7, 2025) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to provide an update on the extraordinary and fast progress at the Super Champ Mine in Arizona.
"Through a combination of hard work and the efforts of the Arizona mining team, the Super Champ is quickly demonstrating the potential to be a significant cost-effective gold/silver producer," said John Carter, the Company's CEO. "Events are unfolding rapidly as we blast into the surface material, delineate the vein over 1500 feet, and clear most of the overburden. It is incredible that we are driving a development adit already when we only began work in earnest here in November, 2024."
View of Super Champ from north end
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8464/243645_c607420324a5abe5_001full.jpg
The Company has taken samples from the vein, the highest of which assayed 405.4 ounces per ton silver (see photo below). All samples returned silver.
Sample from Super Champ grading 405.4 oz / t silver
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https://images.newsfilecorp.com/files/8464/243645_c607420324a5abe5_002full.jpg
Based on these strong assay values and on the science of secondary enrichment, the Company reasonably believes the silver grades will increase at depth. To access the mineralization at depth the Company is driving a development adit from surface into the vein to extract mineralized material along strike and at depth (see photo below).
New Adit at Super Champ Driven by SBMI
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The vein is roughly 70 feet from the adit opening. SBMI is currently installing timber at the opening and will rock bolt as the drift advances. To date the adit has been advanced over 25 feet. Accessing the mineralization at depth will provide unoxidized mineralized material for feed to SBMI's
At the mill, material continues to be shipped in from Super Champ and is being processed daily at a rate of 7 tons per hour. The Company can efficiently maintain this rate and is developing a plan to extend the hours of daily processing.
On February 27, 2025 SBMI announced the first sale of concentrates from Super Champ material. The client who effected that purchase has advised it is testing the concentrate and processing it to extract the gold and silver in it. The Company expects further updates from this client in the near term as to the precise contents of the sold concentrate. SBMI is ready to make the next shipment to the client at its request. Samples of the concentrate have been sent to other potential clients as well.
The Company continues to evaluate methods to increase efficiencies at the mill and identify other ways to enhance shareholder value.
QA/QC
In accordance with best practices SBMI will on a regular basis send check assays to a third party accredited lab for verification of grade and for multielement analysis. Readers are cautioned samples out of the vein are random by nature and may not be representative of the Super Champ as a whole.
All samples above were analyzed by SBMI at its facility near Globe, Arizona. They were processed through the Lab Jaw Crusher, Lab Hammer Mill and Splitter Box into an aliquot. Most of the pulverized aliquot was mixed with a flux and flour combination and melted in a crucible at 1,850 degree Fahrenheit, with the remainder being logged and archived. Upon cooling, the poured melt was in the form of a metal button and slag, following which a bone ash cupel was utilized to eliminate the lead in the button to form a bead. The bead was then weighed, following which a solution of 6 to 1 distilled water to nitric acid was utilized to dissolve the silver in the bead at approximately 175 degrees Fahrenheit. A much more detailed description of the process and a picture of the assay lab can be found at https://www.silverbulletmines.com/qaqcassaylab.
Mr. Robert G. Komarechka, P.Geo., an independent consultant, has reviewed and verified SBMI's work referred to herein, and is the Qualified Person for this release.
For further information, please contact:
John Carter
Silver Bullet Mines Corp., CEO
cartera@sympatico.ca
+1 (905) 302-3843
Peter M. Clausi
Silver Bullet Mines Corp., VP Capital Markets
pclausi@brantcapital.ca
+1 (416) 890-1232
Cautionary and Forward-Looking Statements
This news release contains certain statements that constitute forward-looking statements as they relate to SBMI and its subsidiaries. Forward-looking statements are not historical facts but represent management's current expectation of future events, and can be identified by words such as "believe", "expects", "will", "intends", "plans", "projects", "anticipates", "estimates", "continues" and similar expressions. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that they will prove to be correct.
By their nature, forward-looking statements include assumptions, and are subject to inherent risks and uncertainties that could cause actual future results, conditions, actions or events to differ materially from those in the forward-looking statements. If and when forward-looking statements are set out in this new release, SBMI will also set out the material risk factors or assumptions used to develop the forward-looking statements. Except as expressly required by applicable securities laws, SBMI assumes no obligation to update or revise any forward-looking statements. The future outcomes that relate to forward-looking statements may be influenced by many factors, including but not limited to: the impact of SARS CoV-2 or any other global virus; reliance on key personnel; the thoroughness of its QA/QA procedures; the continuity of the global supply chain for materials for SBMI to use in the production and processing of ore; shareholder and regulatory approvals; activities and attitudes of communities local to the location of the SBMI's properties; risks of future legal proceedings; income tax matters; fires, floods and other natural phenomena; the rate of inflation; availability and terms of financing; distribution of securities; commodities pricing; currency movements, especially as between the USD and CDN; effect of market interest rates on price of securities; and, potential dilution. SARS CoV-2 and other potential global pathogens create risks that at this time are immeasurable and impossible to define.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243645
FAQ
What are the latest silver assay results from SBMCF's Super Champ Mine?
How much material is SBMCF processing at their Arizona mill?
When did SBMCF begin development at the Super Champ Mine?
What is the current status of SBMCF's development adit at Super Champ?
Has SBMCF made any sales from the Super Champ Mine production?
