- Silver Bullet Mines (SBMI) has provided operational updates from its Washington Mine in Idaho and its Buckeye Mine in Arizona
- In Arizona at the Buckeye, core drilled by a prior optionee at the Buckeye Mine in 2017 has been located, and a chain of custody established
- In Idaho, the entrance to the historical past-producing gold and silver mine has been screened, and rock bolted
- Peter Clausi, VP of Capital Markets, sat down with Sabrina Cuthbert to discuss the news
- 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
Silver Bullet Mines (SBMI) has provided operational updates from its Washington Mine in Idaho and its Buckeye Mine in Arizona.
At the Buckeye Mine, core drilled by a prior optionee at the Buckeye Mine in 2017 has been located, and a chain of custody established. The core is being re-logged, split and sent to an accredited third-party lab for testing, and the remainder will be stored after it is logged.
In Idaho, the entrance to the historical past-producing gold and silver mine has been screened, and rock bolted. Management believes the entrance to the historical mine is secure. Efforts continue to ensure the access area past the entrance is safe to enable the field team and contract miners to advance toward what is believed to be the mineralized zone. A mining engineer has created a mine plan and a ventilation plan which will be implemented once the area is secure.
The company believes it has the necessary equipment to proceed, including a recently acquired mucker. If timber is required, SBMI has the timber rights at surface at the Washington Mine and can harvest the timber as needed.
The mining plan at the Washington Mine may evolve as new facts are encountered on surface, underground and in the supply chain. The current plan is to mine around the caved area, develop a raise in the mineralized material up to surface, and work through the winter if possible. SBMI has applied for an explosive licence.
Peter Clausi, VP of Capital Markets, sat down with Sabrina Cuthbert to discuss the news.
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.