Burlington, Ontario--(Newsfile Corp. - December 18, 2025) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or the "Company") is pleased to announce it has signed an agreement to direct ship material from both the KT Gold Mine and the SC Silver Mine. The agreement has a term of 1 year commencing December 16, 2025 with annual renewals contemplated. The Client is a large industry participant and SBMI sees very little counterparty risk.Both the KT Mine and the SC Mine are located in the Globe ar ...

Core Insights - Kuya Silver Corporation reported significant operational and financial progress for Q3 2025, particularly at the Bethania Silver Project in Peru, with record tonnes processed and a strengthened balance sheet following successful financing [1][6][15] Operational Highlights - The average throughput at the Bethania mine is approximately 90 tonnes per day, with a record single-day mining achievement of 102.5 tonnes of mineralized material [2][5] - The mine has produced a total of 2,296 tonnes of mineralized material year-to-date, including 417 tonnes in Q3 2025, with a temporary reduction in mining rate due to infrastructure upgrades [6][12] - Major infrastructure improvements included 11.6 kilometers of road maintenance, reinforcement of underground supports, and installation of new equipment [6][7][20] Financial Performance - For Q3 2025, the company recorded revenue of $771,084 from concentrate sales, compared to no revenue in the same quarter of the previous year [12] - The net loss for Q3 2025 was $1,523,898, similar to the loss of $1,550,267 in Q3 2024, while the nine-month net loss improved to $3,155,443 from $4,168,928 in the same period of 2024 [13][14] - The company completed a $6.57 million financing, increasing cash to $6.63 million and net working capital to $6.30 million as of September 30, 2025 [6][15][16] Future Outlook - Kuya Silver aims to achieve stable production of 100 tonnes per day at the Bethania Silver Project, with a long-term target of 350 tonnes per day by 2026 [20] - The company is initiating a 5,000-meter underground drilling program on the Santa Elena concession to enhance geological understanding and assist with future mine planning [21]

Core Viewpoint - Kuya Silver Corporation reported record concentrate sales and completed significant infrastructure upgrades at the Bethania silver project during Q3 2025, positioning the company for sustained growth and increased production efficiency [1][3]. Production and Operational Highlights - The third quarter of 2025 was marked by a temporary production halt due to the malfunction of two air compressors, causing a 4-to-6 week delay in the ramp-up schedule [2]. - Despite the temporary setback, the company installed new equipment, including a state-of-the-art electrical generator, enhancing operational reliability [2]. - Normal operations resumed in late September, with production quickly recovering to pre-shutdown levels, achieving a daily mining rate exceeding previous figures within two weeks [7]. Financial Performance - A record 1,841 tonnes of mineralized material were processed, with 16,983 ounces of silver sold, translating to 21,435 ounces of silver equivalent [3]. - Silver accounted for 79% of the estimated revenue from the Bethania project in Q3, with the remainder from by-products such as lead, zinc, and gold [3]. - The average realized price for silver was $40 per ounce, reflecting a significant increase from previous quarters [5]. Infrastructure and Development - Major infrastructure enhancements were completed, including upgrades to camp accommodations and the installation of backup compressors, which improved operational robustness [2][4]. - The company is focusing on building its workforce and has commenced production from defined stopes, which are expected to yield higher volumes of mineralized material [7]. Management and Strategic Growth - Kuya Silver is strengthening its senior management team to support its growth strategy, with recent appointments including Osbaldo Zamora as VP of Exploration and Gerardo Acuña as Mine Superintendent [10][11]. - The company is also planning additional underground drilling exploration, with the first of seven planned drill bays already completed [9].

Core Insights - Nord Precious Metals has achieved commercial high-grade silver concentrate from Beaver Mine tailings, with a concentration of 2,114.9 grams per tonne, indicating a significant concentration factor of 1,173% [2][5]. Testing and Results - The company utilized Falcon concentration technology, achieving a concentration of 2,114.9 g/t silver, while spiral technology yielded 1,268.6 g/t from head assays of 180.3 g/t and 205.8 g/t silver, representing concentration factors of 616-703% and 1,028-1,173% respectively [3][5]. - Previous sonic drilling in 2020 across 127 drill holes revealed tailings grades ranging from 13.7 g/t to 314 g/t silver, with an average of 79.0 g/t Ag, alongside other metals such as cobalt, copper, and nickel [4]. Processing Framework - The Ontario Ministry of Energy and Mines has confirmed that toll processing arrangements can be included in the Recovery Permit application, positioning the company's Temiskaming Testing Labs facility as a potential processing hub for legacy tailings in the Cobalt-Gowganda Camp [6]. - The company has engaged environmental consultants to assist with permitting steps and has maintained agreements with three First Nations groups to ensure community support [7]. Environmental and Operational Plans - The company plans to implement closed-loop water recycling protocols to meet regulatory scrutiny regarding water management [8]. - The commissioning of a 600 tonne-per-day modular gravity plant is scheduled to begin processing in 2026, contingent upon permit receipt [8]. Strategic Positioning - Nord operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, integrating high-grade silver discovery with strategic metals recovery operations [10]. - The company's multi-metal approach supports the recovery of critical minerals, including cobalt and nickel, while leveraging established infrastructure for both precious metals and battery materials [11].

Core Viewpoint - Kuya Silver Corporation reported significant operational advancements at the Bethania silver project during Q2 2025, highlighted by an 87% increase in mineralized material mined and ongoing efforts to ramp up production towards a target of 100 tonnes per day by Q3 2025 [1][2][3] Production Highlights - Mineralized material mined increased from 654.8 tonnes in Q1 2025 to 1,224.4 tonnes in Q2 2025, marking an 87% increase [4] - Development metres advanced significantly, with 262.9 metres achieved in Q2 2025 compared to 161.0 metres in Q1 2025 [4] - Average silver grades improved from 9.05 oz/t in Q1 to 10.73 oz/t in Q2, while lead grades rose from 2.60% to 3.64% [7] Operational Developments - The company is enhancing its operational infrastructure with the installation of pneumatic shovels and other critical equipment to support increased production rates [3][11] - As of early July, the Bethania mine had opened ten working faces, with four actively operating, which is essential for achieving the target production rate [11] Revenue Generation - Kuya Silver successfully shipped 1,761 wet tonnes of historical silver concentrate from the Silver Kings Project, generating provisional revenue of USD $1.18 million [14] - The average realized price for silver increased to $36.44/oz in Q2 2025, contributing to overall revenue growth [5] Community Engagement - The company initiated a road maintenance program covering 11.6 kilometers to ensure safe access for personnel and efficient transport of equipment [12]