- Silver Bullet Mines (SBMI) has provided updates from the Washington Mine in Idaho and the Buckeye Silver Mine in Arizona
- Director and VP Capital Markets Peter Clausi spoke with Shoran Devi about the updates
- The company has engaged the Center for Advanced Materials Processing (CAMP) of Montana Technical University to provide mineralogy, gravity, and flotation testwork at the Washington Mine
- In Arizona, the field team has broken into what it believes to be the higher-grade mineralized zone at the Buckeye Silver Mine
- The current plan is to be on site at the Washington Mine by the end of March
- Silver Bullet Mines is focused on the discovery and development of mineral deposits
- Shares of Silver Bullet Mines Corp. (SBMI) opened trading at C$0.375
Silver Bullet Mines (SBMI) has provided updates from the Washington Mine in Idaho and the Buckeye Silver Mine in Arizona.
In Idaho, the company has engaged the Center for Advanced Materials Processing (CAMP) of Montana Technical University to provide mineralogy, gravity, and flotation testwork.
Director and VP Capital Markets Peter Clausi spoke with Shoran Devi about the updates.
In Arizona, the field team has broken into what it believes to be the higher-grade mineralized zone, which appears to be located exactly where predicted by the historical records and SBMI’s own work.
SBMI purchased the past-producing Washington Mine on patented lands in Idaho in December 2020. As reported on January 18, assay results from a blended bulk sample at the Washington Mine site averaged 55.5 ounces of silver per tonne. Values reported ran as high as 180 ounces silver per tonne and 18 grams of gold per tonne. Historical records and SBMI’s fieldwork lead management to believe the Washington Mine is capable of near-term revenue generation.
The current plan is to be on-site at the Washington Mine by the end of March and to commence collecting mineralized material.
The field team in Arizona last week blasted into what is believed to be the higher-grade silver mineralized zone at the Buckeye Silver Mine.
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$0.375.