Business
Silver Bullet Mines Corp. Encounters Further Silver Mineralization and Returns to Processing Material at its Mill
Burlington, Ontario--(Newsfile Corp. - March 3, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (O...
About this update from Silver Bullet Mines Corp
[{"type":"text","content":"Silver Bullet Mines Corp. Encounters Further Silver Mineralization and Returns to Processing Material at its MillBurlington, Ontario--(Newsfile Corp. - March 3, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce it is again processing mineralized material at its 125 TPD pilot plant. The mill is currently being fine tuned with low grade material to set the recovery parameters. Having resolved the issues with pouring silver dore bars, and having made the necessary related modification to the mill circuit, the Company intends to soon process higher grade material. To date the mill has been operating to specifications with non-detectable values for silver in the tailings produced from the shaker table.Line of silver from shaker table, March 2, 2023To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8464/157085_73a4d682d4c818c6_001full.jpgThe Company has one outstanding order for 50 kilograms of silver including credits for any contained copper or gold. The purchaser of those 50 kilograms has indicated a willingness to acquire up to 500 kilograms of silver on one week's written notice. The Company is also in discussions with other potential purchasers.Like any responsible producer, SBMI operates its own assay lab. SBMI continues to implement a strategic sampling program using that lab to enable it to maintain silver grade control to the mill.Below is a list of recent highlight assays and photos from the vein in the upper adit at the Buckeye Mine, from an area to which the Company recently drifted behind the Treasure Room (not all assay results are reported). Note that all of the samples listed and photographed below are from the upper adit 420ft - 444ft from the entrance of the upper adit.Typical mineralization being encountered in the Buckeye vein within the last weekTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8464/157085_73a4d682d4c818c6_002full.jpgSample from vein at Buckeye Silver MineTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8464/157085_73a4d682d4c818c6_003full.jpgHigh grade vein material  - 270.0 ounces per ton silver (from the sample in the picture above) - 290.0 ounces per ton silver- 297.6 ounces per ton silv...