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Silver Bullet Mines (TSXV:SBMI) assays palladium and gold from Buckeye Silver Mine

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TSXV:SBMI
26 September 2022 11:45 (EDT)

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Silver Bullet Mines (SBMI) has assayed significant quantities of palladium and gold in the mineralized material from its Buckeye Silver Mine in Arizona.

Peter Clausi, VP of Capital Markets, sat down with Daniella Atkinson to discuss the news.

These surprise discoveries are not factored into any of the company’s internal financial projections. This mineralized material was taken from a newly exposed section at the Buckeye.

Palladium is currently trading at roughly US$2,100 per ounce, and gold is currently trading at roughly US$1,650 per ounce.

The gold and palladium were discovered after SBMI initially processed roughly 60 tons of Buckeye Mine material at its mill.

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$0.185.


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