- Silver Bullet Mines (SBMI) has provided an update on its ongoing operations at the Washington Mine in Idaho
- Peter Clausi, VP of Capital Markets, sat down with Daniella Atkinson to discuss the update
- Site work has commenced preparing the property for rehabilitation and production
- Underground rehabilitation is anticipated to begin in or about October
- Shares of Silver Bullet Mines Corp. (SBMI) opened trading at C$0.25
Silver Bullet Mines (SBMI) has provided an update on its ongoing operations at the Washington Mine in Idaho.
Peter Clausi, VP of Capital Markets, sat down with Daniella Atkinson to discuss the update
Site work has commenced preparing the property for rehabilitation and production. A local portable sawmill operator is on-site to prepare to mill timbers. A contractor has been scheduled to upgrade the access road and to establish site water, electricity and storage.
Near-term surface work will focus on preparing timbers and insulation for mine entry support.
Contract terms have been negotiated with an underground mine contractor and, subject to completion of a federal agency filing and the approval of mine design by the company’s mine engineer, underground rehabilitation is anticipated to begin in or about October.
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$0.21.