- Silver Bullet Mines Corp. (SBMI) reported results from its Buckeye Silver Mine in Arizona
- The company believes it may have intercepted an area of higher-grade mineralization sooner than expected
- Peter Clausi, VP Capital Markets at Silver Bullet Mines, spoke with Shoran Devi about this discovery
- Silver Bullet Mines Corp. (SBMI) opened trading at C$0.20 per share
Silver Bullet Mines Corp. (SBMI) reported results from its Buckeye Silver Mine in Arizona.
Development drift at the Buckeye Mine had advanced 116 metres from the adit alongside the main vein. The team intends to drift along the vein to an area believed to contain higher-grade mineralization.
The company believes it may have intercepted that area of higher-grade mineralization sooner than expected. 1 metre before turning into the anticipated intersection with the main vertical vein, a 0.6-metre-thick horizontal fracture zone was encountered that contained bands of massive sulphides.
Another wall of sulphides was exposed from a blast in the drift on January 27, also encountered sooner than expected. Samples of the sulphide material are being prepared to be sent for assaying and further petrographic examination.
Peter Clausi, VP Capital Markets at Silver Bullet Mines, spoke with Shoran Devi about this discovery and results from samples taken during a recent visit to the Black Copper occurrence by third-party geologic consultants in late November and early December.
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$0.20 per share.