Business
Silver Bullet Mines Corp. Provides Arizona Operational Update
Burlington, Ontario--(Newsfile Corp. - June 15, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (O...
About this update from Silver Bullet Mines Corp
[{"type":"text","content":"Silver Bullet Mines Corp. Provides Arizona Operational UpdateBurlington, Ontario--(Newsfile Corp. - June 15, 2023) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') provides an operational update on its Arizona activities.The mill in Globe, Arizona has been operating on a single shift of ten hours per day at its rated capacity with no major issues. It is running at optimal efficiency processing mineralized material from the lower grade stockpiles of vein material. Higher grade material from the mine should be introduced as it arrives at the mill. Videos of the mill can be seen at SBMI's website www.silverbulletmines.com.SBMI intends to increase the operating hours by adding another shift, which should happen as the mill crew becomes more familiar with the running of the mill and is able to onboard a second shift.The mill has processed approximately 350 tons of vein material over the last seven days. The 350 tons of feed produced 418 pounds of both magnetic and non-magnetic concentrates from the concentrating table. As can be seen in the photograph below, there was a line of goldish coloured material on the right end of the shaker table when recent material was processed. Management believes this material could be gold, given its location on the table, gold's specific gravity being higher than silver's and copper's, the history of the mineralized material from the Buckeye Mine, and management's experience with processing. This material was not assayed for gold and readers are warned this material might not contain gold or such material may not be representative of other material from the Buckeye Mine.Shaker table from SBMI's mill in ArizonaTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8464/170085_ef344bcd4423d80f_001full.jpgFrom the 418 pounds of concentrate roughly 226 pounds of iron alloy were removed using a magnetic separation circuit, to remove the material which may host some silver, gold, and platinum group elements. This removed material is retained for future processing to recover any potential precious metals. The 192 pounds of non-magnetic material was moved to the Company's refinery where dore bars are poured. These dore bars contain silver and minor amounts of gold, copper, nickel and other metals. Based upon the report from SBMI's cust...