Business
Silver Bullet Mines is back to work at the Buckeye Mine in Arizona following heatwave
(NewsDirect) Silver Bullet Mines Vice President of Capital Markets Peter Clausi joined St...
About this update from Silver Bullet Mines Corp
[{"type":"text","content":"Silver Bullet Mines is back to work at the Buckeye Mine in Arizona following heatwave\n \n \n (NewsDirect)\n \n \n \n \n Silver Bullet Mines Vice President of\nCapital Markets Peter Clausi joined Steve Darling from Proactive to\nshre news the company has faced and overcome challenges posed by\nextreme heat in Arizona during the month of August, which temporarily\ndisrupted mining operations at the Buckeye Mine.\n \n \n The company recently announced the\nresumption of mining activities following a period of exceptionally\nhot weather. Throughout most of August, Arizona experienced a\nprolonged heatwave, with temperatures soaring to extreme levels. On\nsome occasions, the concrete mill pad where essential equipment is\nlocated exceeded 150 degrees Fahrenheit.\n \n \n Operating machinery under such conditions posed significant\nrisks to both the equipment's functionality and the safety of\non-site personnel. As a result of these hazardous conditions, it was\ndeemed unsafe to carry out work at the mill or the Buckeye Mine,\nregardless of whether it was daytime or nighttime.\n \n \n The team made the responsible decision to\nsuspend operations during this period. However, the situation has\nimproved, with temperatures returning to more manageable levels. This\nhas allowed Silver Bullet Mines to resume mining activities,\ndemonstrating the company's adaptability and commitment to the\nsafe and effective execution of its projects.\n \n \n In addition to the resumption of mining,\nSilver Bullet Mines has secured a strategic investment agreement with\na third party. This investment, structured as a loan with a five-year\nterm and zero percent interest, will provide crucial financial support\nfor the company's ongoing operations and expansion plans. The\ninitial tranche of the investment, totaling $225,000, has already been\nreceived, and the second tranche of $125,000 will be disbursed\nfollowing the shipment of the first silver dore bar.\n \n \n Overall,\nthese developments underscore Silver Bullet Mines' dedication to\novercoming challenges and advancing its mining endeavors, while also\nensuring the safety and well-being of its personnel.\n \n \n \n Contact Details\n \n \n \n Proactive Canada\n \n \n +1\n604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \...