- Silver Bullet Mines (SBMI) has announced plans to resume the development of its Buckeye Mine in Arizona
- The company plans to extract a bulk sample of mineralized material from the area of the Buckeye Silver Mine known as the Treasure Room
- Prior to accessing the Treasure Room, screening and rock bolting of the adit will be completed, taking approximately one week to complete
- Peter Clausi, VP of Capital Markets, sat down with Daniella Atkinson to discuss the update
- 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$0.21
Silver Bullet Mines (SBMI) has announced plans to resume the development of its Buckeye Mine in Arizona.
SBMI plans to extract a bulk sample of mineralized material from the area of the Buckeye Silver Mine known as the Treasure Room, located in the upper adit of the Buckeye Silver Mine.
Screening and rock bolting of the adit will be completed prior to accessing the Treasure Room, which the company estimates should take approximately one week to complete.
Upon completion of the safety measures, SBMI intends to commence work to extract mineralized material. Mineralized material from the floor of the Treasure Room has previously been assayed. The company has previously been able to process mineralized material from this source into dore bars. Further mineralized material from this same source, once extracted, will be processed by the company’s mill.
SBMI also advises that on a recent site visit to the Buckeye Silver Mine and the Black Diamond Property, the company’s consulting geologists Robert Komarechka and John Corkery examined and re-logged a portion of core drilled by a prior optionee at the Buckeye Silver Mine in 2017, and extracted samples from the core, from the Buckeye Silver Mine, and from other parts of the Black Diamond Property. All samples have been sent to a division of Actlabs for analysis for PGMs.
Peter Clausi, VP of Capital Markets, sat down with Daniella Atkinson to discuss the update.
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$0.21.
