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Silver Bullet Mines Reports 6,174 g/t Silver and 18 g/t Gold at Its Washington Mine in Idaho

Burlington, Ontario--(Newsfile Corp. - December 15, 2021) - Silver Bullet Mines Corp. (TSXV: S...

articleSilver Bullet Mines CorpDecember 15, 20215/company/silver-bullet-mines-corp/news/silver-bullet-mines-reports-6174-gt-silver-and-18-gt-gold-at-its-washington-mine-in-idaho
Silver Bullet Mines Reports 6,174 g/t Silver and 18 g/t Gold at Its Washington Mine in Idaho

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[{"type":"text","content":"Silver Bullet Mines Reports 6,174 g/t Silver and 18 g/t Gold at Its Washington Mine in IdahoBurlington, Ontario--(Newsfile Corp. - December 15, 2021) - Silver Bullet Mines Corp. (TSXV: SBMI) (\"SBMI\" or \"the Company\") is pleased to announce the first technical disclosure on its work at the Washington Mine on patented lands in the prolific placer gold district in Idaho (the \"Property\"). Three rounds of sampling were carried out and are reported below.The results from these rounds provided confirmation of the high grade nature of the Property's mineralization potential; direction for the development of a bulk sampling program; and, discovery of parallel mineralized structures. These sets of results indicate the potential for the development of early production from the site through bulk sampling and for the ongoing discovery and development of additional silver and gold resources.History The references below to data and observations derived from work not carried out by SBMI is of historical nature only and cannot be relied upon at this time. SBMI does not know the methods by which such work was carried out, or whether all or part of it was under the supervision of a Qualified Person, as that term is defined in NI43-101. SBMI refers to such data and observations to inform its knowledge of the area and to support its thesis for exploration. The Property first saw production in the late 1800's with an average gold grade of one ounce per ton. It again produced in the 1930's during which the then-owner lacked the process capability needed to produce silver, so a decision was then made to block out the silver mineralization with the intention of returning at a future date to process the silver. To the best of SBMI's knowledge, that never happened. A report included an estimate of 3 million ounces of silver with a grade of 30 to 90 ounces per ton and 15,000 ounces of gold at 0.3 ounces per ton for the veins identified on the Property at the time. Further work must be carried out to confirm the precise location of those veins and the property boundaries at the time. (Source, \"Geological Evaluation\", Roger G. Stoker, P.G. and Ryne C. Stoker, Student Geologist, Energy Services Inc., December, 1981.) In the 1980's the previous owner reopened the underground and produced a bulk sample claimed to be representative of the silver minerali...

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