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Silver Bullet Mines Corp V.SBMI

Alternate Symbol(s):  SBMCF

Silver Bullet Mines Corp. is a mineral exploration company. The Company’s primary focus is the development of the Buckeye Silver Mine located in Arizona, United States and the maintenance of its gravity fed processing mill also located in Arizona, United States. A secondary focus is the development of the Washington Mine located in Idaho, United States. In addition, the Company owns mineral properties in Arizona and Nevada, United States and former producing mines in Arizona. The claims which include the Buckeye Silver mines are comprised of three non-contiguous patent mining claims, totaling 47.89 acres, leased in one agreement to the Company. These patents are the Buckeye of 15.49 acres, the Newton of 16.69 acres, and the Red Robin of 15.71 acres. The Washington Mine property, located in Boise County, Idaho, United States, consists of 118.88 acres of patented land. Its mineral properties include Black Diamond Property, Nevada Property, New Arizona Property, and Mill Property.


TSXV:SBMI - Post by User

Post by TrumpThison Nov 22, 2024 1:20pm
48 Views
Post# 36326327

Jim's Newsletter reports on Silver Bullet Mines

Jim's Newsletter reports on Silver Bullet MinesSBMI is getting a little 'love' and some are noticing this very UNIQUE silver & gold producer:
https://mining.beehiiv.com/p/jim-s-mining-letter-november-21-2024 Worth reading
Silver Bullet Mines (SBMI.V SBMCF) announced that it has unexpectedly intercepted a historical mining tunnel, shaft and waste piles, during development of the Super Champ vein structure. The company's field team estimates this zone was mined by unknown persons over a century ago. The historical adit is approximately 4 feet wide by 8 feet high and of unknown depth. It and the shaft were both intercepted under 12 feet of overburden as the company exposed the known vein. The discovery of extensive historical mining activities further validates Silver Bullet's thesis for high grade silver and possibly gold production from Super Champ. The field team reported visible silver in the tunnel zone. Material from this zone is close to surface and is expected to be relatively uncomplicated to extract. Results of samples from this newly intercepted zone at the Super Champ mine showed up to 34,000 grams per ton.
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