• Silver Bullet Mines Corp. (SBMI) has assayed significant quantities of palladium and gold in the mineralized material from its Buckeye Silver Mine in Arizona
  • The gold and palladium were discovered after SBMI initially processed roughly 60 tons of Buckeye Mine material at its mill
  • Peter Clausi, VP of Capital Markets, sat down with Daniella Atkinson to discuss the news
  • Silver Bullet Mines is focused on the discovery and development of mineral deposits primarily in Arizona, with additional mineral properties in Idaho and Nevada
  • Shares of Silver Bullet Mines Corp. (SBMI) opened trading at C$0.185

Silver Bullet Mines (SBMI) has assayed significant quantities of palladium and gold in the mineralized material from its Buckeye Silver Mine in Arizona.

Peter Clausi, VP of Capital Markets, sat down with Daniella Atkinson to discuss the news.

These surprise discoveries are not factored into any of the company’s internal financial projections. This mineralized material was taken from a newly exposed section at the Buckeye.

Palladium is currently trading at roughly US$2,100 per ounce, and gold is currently trading at roughly US$1,650 per ounce.

The gold and palladium were discovered after SBMI initially processed roughly 60 tons of Buckeye Mine material at its mill.

Silver Bullet Mines is focused on the discovery and development of mineral deposits primarily in Arizona, with additional mineral properties in Idaho and Nevada.

Silver Bullet Mines Corp. (SBMI) opened trading at C$0.185.


More From The Market Online
Gold and silver markets

Silver price predictions: Is the 2024 gold and silver rally just starting?

Like birds of a feather, gold and silver have historically flocked together, and the two precious metal mates have found their wings in 2024.
The Market Online Video

Mining play provides exploration update

Mineral exploration company Geologica Resource (CSE:GRCM) is dual listed in Canada on the CSE and in Germany on the Frankfurt Exchange.

Gold penny stock unearths more riches from its assets

Copper and other critical metal prices have also been trending upward, and this all spells good news for the likes of Northstar Gold Corp.

@ the Bell: TSX keeps it just above the flatline

Driven by materials stocks tracking higher metals prices, utilities led gainers on the TSX while energy and industrials led the drop.