Burlington, Ontario--(Newsfile Corp. - January 30, 2026) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or "the Company") is pleased to announce it has received its first payment for concentrate from its Arizona Mining Operations.The first shipment of gold/silver concentrate consisted primarily of waste material from the KT Mine and SC Mine was received by the Buyer on October 29, 2025. The Company has now completed five shipments of gold/silver concentrate and is currently processing mine ...

Core Viewpoint - Silver Bullet Mines Corp. has successfully processed and shipped high-grade gold/silver concentrates from its KT Gold Mine in Arizona, with ongoing plans for regular shipments to the Buyer [1][2][4]. Shipment Details - The first shipment consisted of approximately 4000 pounds of concentrate from the KT Gold Mine, received by the Buyer on October 29 [1]. - A second shipment of about 2500 pounds from the KT Gold Mine is scheduled for pickup this week [2]. - The Company is processing additional surface material from the KT Gold Mine to support a third shipment, aiming for biweekly shipments of 2500 to 4000 pounds each [4]. Assay Results and Concentrate Quality - Initial assay results from the SC Mine indicate all concentrate samples tested returned values above detection limits, but the Company sees greater value in concentrates from the KT Mine and will not allocate significant resources to the SC Mine at this time [6]. - The Company is awaiting the Buyer's assay results to determine the precise value of the shipments [5]. Processing and Production Insights - The Company utilizes gravitational processes to separate metals with higher specific gravity, such as gold and silver, from the host material [9]. - The focus is on producing high-grade concentrates to minimize refining and transportation costs, although the concentration ratio for the KT Mine is not yet established [8][12]. Management and Corporate Updates - John MacKenzie has rejoined the board of directors, bringing extensive experience in the mining and metals industry [13]. - The Company has issued 258,675 shares as interest payment related to outstanding debentures [14].