Silver Bullet Mines Corp. V.SBMI

Peter Clausi on Silver Bullet Mines Breakthrough

[Betteryear2]

4481 Views Dec 12, 2023

In an engaging InvestorNews interview, Peter Clausi, Director and VP of Capital Markets at Silver Bullet Mines Corp. (TSXV: SBMI | OTCQB: SBMCF), shared his excitement about the company’s latest strides in mining exploration as per an announcement made earlier this week. In this news release they were able to “…confirm the high grade nature of Zone1 and its recovery rates, and to confirm the mill’s ability to process a large amount of material from Zone1. Processing was successful on all counts.” Clausi begins by explaining that this week’s news release is a culmination of the last 3-year’s work. Adding that Silver Bullet Mines has achieved significant progress, especially in Zone One. Clausi proudly discussed the efficient extraction and processing of a 40-ton bulk sample from this area, which resulted in the high-grade silver results announced. This breakthrough signifies a major step towards full-time production and is a boon for the company’s shareholders. During the interview, Clausi delved into the broader impact of these developments for investors and the company at large. He acknowledged that while Silver Bullet Mines is still on the path to generating cash flow, the potential for doing so is on the horizon. Clausi underscored that the company’s valuation is currently influenced by its news releases, goodwill, and commitments to its stakeholders. The forthcoming production of Dore bars, a salable silver product, symbolizes a critical shift towards production and sales, with promising implications for the company’s stock value. Clausi also illuminated the technical side of their operations, including a demonstration of the company’s Shaker table. This innovative technique is employed for separating denser elements like silver, successfully yielding high-grade silver. With the promising results obtained and an extensive vein yet to be mined, Clausi emphasized their commitment to ramping up production. The imminent goal for Silver Bullet Mines, as he highlighted, is the production of Dore bars. This significant step, poised to happen shortly, marks an essential milestone in the company’s journey towards becoming a key player in the international silver market.

Peter Clausi on Silver Bullet Mines Breakthrough High-Grade Silver and the Path to Production (youtube.com)

[WarrantOfficer]

Betteryear2....a major take away from the video is Peter stating the Zone 1 vein is "2 MILES LONG" and it will take years to mine it out. 

[TrumpThis]

Nice news to hear Peter's view that the vein is that long. I've been into the mine twice over the last two years & in March walked to the end that was ~450' in. Nice to see the rock with the minerals exposed. All this hard work in solving the tuneup of the mill to match the ore input is good & we are over the hurdles of extreme heat. All good on the Western FRONT!