- Silver Bullet Mines (TSXV:SBMI), a multi-bagger silver stock, is reporting “extraordinary and fast progress” at its Super Champ mine in Arizona, according to Friday’s news release, including samples, all of which returned silver, grading up to 405.4 ounces of silver per ton
- Multiple potential clients are evaluating Super Champ concentrate following an initial sale in February
- Silver Bullet Mines is a silver and copper exploration and development company with projects in the western USA
- Silver Bullet Mines stock has added 150 per cent year-over-year
Silver Bullet Mines (TSXV:SBMI), a multi-bagger silver stock, is reporting “extraordinary and fast progress” at its Super Champ mine in Arizona, according to Friday’s news release, including samples, all of which returned silver, grading up to 405.4 ounces of silver per ton.
Management interprets the strong assay values to indicate that silver grades will increase at depth. The company is pursuing this potential through a fully funded development adit from surface into the vein, with eyes on providing more unoxidized material for Silver Bullet Mines’ 100-per-cent owned mill in Globe, Arizona.
The mill is currently processing material from Super Champ at a sustainable 7 tons per hour, with the company developing a plan to extend the hours of daily processing. An initial concentrate sale, announced in February, has led to sample deliveries to numerous potential clients.
Leadership insights
“Through a combination of hard work and the efforts of the Arizona mining team, the Super Champ is quickly demonstrating the potential to be a significant cost-effective gold and silver producer,” John Carter, Silver Bullet Mines’ chief executive officer, said in a statement. “Events are unfolding rapidly as we blast into the surface material, delineate the vein over 1,500 feet and clear most of the overburden. It is incredible that we are driving a development adit already when we only began work in earnest here in November 2024.”
About Silver Bullet Mines
Silver Bullet Mines is a silver and copper exploration and development company with projects in the western USA.
Silver Bullet Mines stock (TSXV:SBMI) is up by 8.11 per cent trading at C$0.20 per share as of 10:35 am ET. The stock has added 150 per cent year-over-year.
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(Top photo of a sample from Super Champ grading 405.4 ounces of silver per ton: Silver Bullet Mines)
