Silver Bullet Mines Corp. SBMCF

cost of production

[Lenard]

Every mine has ore but not every mine can produce bullion at a profitable cost. Has anyone seen projected costs of production on the Arizona operation. I see a mill that can process 125 MTPD but , no production cost numbers. I see indications of ore containing 84 oz. of AG per ton and 1 oz. of AU per ton. Those inpressive contents. The viability of the operation will hinge on production costs. If they can produce AG at $5.00 costs and AU at  $800, they are making money. It would be good to see the financials when they arrive and the unit costs at this stage.

[tobinator01]

SBM has not disclosed their estimates for the cost of production for Buckeye or the rate per ton they are paying for the Washington Mine.  At Buckeye, they are mining a large, long silver rich vein.  Let's assume 20 ounce per ton silver only and 100 tons per day throughput.  That would yield 2000 ounces per day.  The 20 ounce per ton might not seem like much but it is very

[Lenard]

You and I are thinking along the same line. The assay on the Black Diamond mine is average of 84 oz. AG and 1 oz. AU per imperial ton. Those are very respectable at time when many mines are chasing grams per ton. Other mines I have tracked claim up to 90% recovery but at 75v% this mine should have 8631 oz. AG and 102 oz. AU daily. After smeltering taking 1/3 they would have 5748 oz. AG and 68oz