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Silver Bullet Mines Discovers New Potential Silver/Gold Vein at KT Mine in Arizona
TMX Newsfile· 2026-01-05 13:40
Burlington, Ontario--(Newsfile Corp. - January 5, 2026) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ("SBMI" or the "Company") is pleased to announce that during development of its KT Mine in Arizona, a new potential high grade silver/gold zone was discovered. It is yet to be determined if this is an offshoot of the main KT vein or a new vein parallel to the main KT vein. Initial sampling and panning of the mineralized material from the new zone produced significant high grade silver, with gold ...
Silver Bullet Mines Commences Daily Processing of Super Champ High Grade Silver/Gold in Arizona
Newsfile· 2025-08-15 12:00
Core Viewpoint - Silver Bullet Mines Corp. has commenced daily processing of high-grade silver and gold mineralized material from the Super Champ Mine in Arizona, indicating a significant operational advancement for the company [1][2]. Group 1: Production and Processing - The company is processing over six tons per hour for eight hours a day, five days a week, with plans to increase production hours by adding another shift [2]. - The head grade of the material is reported to be over 28 ounces per ton of silver, with a recovery rate of 89% [3][5]. - The concentrate grade of the Super Champ material has been announced at 530 ounces per ton of silver [3]. Group 2: Sales and Financial Arrangements - All immediate production from the Super Champ Mine is committed to a third-party buyer under a Firm Offer, which includes an initial payment of 90% of the estimated value of the concentrate [6]. - The company has entered into a strategic financing arrangement through a non-brokered private placement of Units, raising $1,120,800 at a premium price of $0.21 per Unit [10]. Group 3: Safety and Infrastructure - The company has ensured the safety of the mining operations by timbering the entire 125-foot lower adit and moving over 10,000 tons of material from the upper adit [7].