• Silver Bullet Mines Corp. (SBMI) has assayed significant quantities of palladium and gold in the mineralized material from its Buckeye Silver Mine in Arizona
  • The gold and palladium were discovered after SBMI initially processed roughly 60 tons of Buckeye Mine material at its mill
  • Peter Clausi, VP of Capital Markets, sat down with Daniella Atkinson to discuss the news
  • Silver Bullet Mines is focused on the discovery and development of mineral deposits primarily in Arizona, with additional mineral properties in Idaho and Nevada
  • Shares of Silver Bullet Mines Corp. (SBMI) opened trading at C$0.185

Silver Bullet Mines (SBMI) has assayed significant quantities of palladium and gold in the mineralized material from its Buckeye Silver Mine in Arizona.

Peter Clausi, VP of Capital Markets, sat down with Daniella Atkinson to discuss the news.

These surprise discoveries are not factored into any of the company’s internal financial projections. This mineralized material was taken from a newly exposed section at the Buckeye.

Palladium is currently trading at roughly US$2,100 per ounce, and gold is currently trading at roughly US$1,650 per ounce.

The gold and palladium were discovered after SBMI initially processed roughly 60 tons of Buckeye Mine material at its mill.

Silver Bullet Mines is focused on the discovery and development of mineral deposits primarily in Arizona, with additional mineral properties in Idaho and Nevada.

Silver Bullet Mines Corp. (SBMI) opened trading at C$0.185.


More From The Market Online

Robex on track for imminent gold production in Guinea

Robex Resources (TSXV:RBX) delivers ore to its Kiniéro project in Guinea, West Africa, in preparation for an initial gold pour.

Teck Resources adds critical metals stock to its portfolio

Mining giant Teck Resources (TSX:TECKA) will take a 9.9 per cent stake in critical metals explorer Metal Energy (TSXV:MERG).

Monument Mining: A 10-bagger gold stock on the rise

Monument Mining (TSXV:MMY) posted a 275% return year-over-year, rising to 1,212.50% since 2020, but has plenty of room to run.