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Silver Bullet Mines (TSXV:SBMI) begins processing higher grade ore

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TSXV:SBMI
06 September 2022 11:30 (EDT)

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Silver Bullet Mines (SBMI) has begun processing higher-grade ore at its mill and has signed its first contract to deliver silver dore bars.

The bars for the order will be poured at the company’s mill site near Globe, Arizona, using a mixture of the lower and the higher grade ores taken from its Buckeye Silver Mine.

This first order is a sample run of 50 kilograms of dore silver.

Silver Bullet’s CEO, Peter Clausi, sat down with Daniella Atkinson to discuss the news.

“In less than a year after starting construction of our mill, we are processing the higher grade material extracted from our Buckeye Silver Mine and we have signed our first contract to deliver silver out of that mine. This is outstanding work from everyone on the team.”

The company also just received a technical report (not NI43-101) from a third-party engineering firm with recommendations to increase efficiencies at the mill and, according to management, it is now running at near-optimal efficiencies.

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$0.22.


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