Business
Silver Bullet Mines Continues to Assay for High-Grade Gold and PGMs
Burlington, Ontario--(Newsfile Corp. - October 18, 2022) - On September 26, 2022, Silver Bulle...
About this update from Silver Bullet Mines Corp
[{"type":"text","content":"Silver Bullet Mines Continues to Assay for High-Grade Gold and PGMsBurlington, Ontario--(Newsfile Corp. - October 18, 2022) - On September 26, 2022, Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') disclosed it had found significant levels of palladium, platinum, rhodium, osmium and gold in its concentrate.To help identify with greater precision the location of the source of the platinum, palladium, rhodium, osmium and gold, SBMI recently took samples directly from locations around the Buckeye Silver Mine and the Company's mill site, including from crushed material, directly from the vein, from diabase samples from the wall rock and from tailings from the run of lower grade material. The location from which those samples were taken and their assay results are below:Assay Results are in Grams per TonneSample ID Au Pd Pt Rh Ir Ru OsDiabase 114.323.70.2460.1930.151 nd0.415222.318.90.1720.076 nd nd0.33338.1715.90.0930.083 nd nd nd422.318.20.0970.072 nd nd ndCrushed ore 115.19.07 nd0.157 nd0.9490.08223.211.60.0640.17 nd0.7310.063334.116.20.150.1150.1110.2590.129416.216.40.1270.1180.083 nd0.097537.915.60.1070.0580.2780.180.053626.617.90.1270.0850.08 nd nd725.512.10.0850.052 nd0.265 nd823.913.70.1060.069 nd nd ndHead ore118.813.50.0930.062 nd nd nd221.911.70.06 nd nd0.218 nd337.2160.105 nd nd0.137 nd430.613.60.07 nd nd0.306 nd522.9120.07 nd nd0.306 nd624.310.40.061 nd nd0.251 ndTailings118.512.20.0790.064 nd0.211 nd219.911.50.0630.068 nd0.272 nd328.816.50.091 nd nd0.174 nd426.816.20.0850.104 nd nd nd537.116.90.1020.083 nd nd nd631.817.20.0930.051 nd nd nd Samples from all locations above were taken to be as representative of the local mineralized material as possible. Samples taken from the crushed ore are by their nature representative of the source mineralized material. In management's opinion, this round of results provides further strong evidence for the conclusion that the Buckeye Silver Mine may host economic amounts of platinum, rhodium, palladium, osmium and gold, in addition to the original silver targets. Management has engaged third party engineers, metallurgists and geologists to assist in creating a new process flow sheet and in determining the nature of the mineralized material at the Buckeye Silver Mine. Without effecting selective disclosure, management has also had positive prelimina...