Silver Bullet Mines Corp. Provides Technical Data on Recent Acquisitions in Arizona

Core Viewpoint - Silver Bullet Mines Corp. (SBMI) has announced the acquisition of the Columbia Mine and the Gold Queen Mine, which are historically significant copper-producing mines located in Gila County, Arizona, near the company's mill in Globe, Arizona [1][3]. Group 1: Business Model and Strategy - SBMI operates under a hub and spoke business model, initiated in 2020, where the hub is the company's wholly-owned mill and the spokes are nearby mines providing mineralized material for processing [2]. - The proximity of the Columbia Mine and Gold Queen Mine to the mill supports the effectiveness of this hub and spoke model [2]. Group 2: Historical Production and Data - The Columbia Mine and Gold Queen Mine were previously owned by Phelps Dodge Corporation, which was acquired by Freeport-McMoRan Inc. in a USD 25.9 billion deal in 2007 [3]. - Historical production data indicates that shipments from the Dripping Spring Mines, including the Columbia and Gold Queen Mines, in the 1940s contained 2-7% copper and 0.08 to 0.28 oz per ton gold [6]. - Recent sampling has reported high-grade gold values from the mines, including 49.1 g/t, 35.8 g/t, and 27.6 g/t [6]. Group 3: Data Limitations and Caution - SBMI has not located any data related to these mines that complies with NI 43-101 standards, and the available data is either outdated or anecdotal [4]. - The company relies on historical data to inform its investment thesis, but this data should be treated with caution due to the lack of verification by a Qualified Person [4][5]. Group 4: Management Changes - SBMI has announced the resignation of John MacKenzie from its board of directors, who is leaving to focus on a new Canadian mining venture [11].