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Be the first with the news that moves the market- Silver Bullet Mines Corp. (SBMI) is again processing mineralized material at its 125 TPD pilot plant
- The Company has one outstanding order for 50 kilograms of silver, including credits for any contained copper or gold
- Having resolved the issues with pouring silver dore bars and having made the related modification to the mill circuit, the company intends to soon process higher-grade material
- Peter Clausi, VP Capital Markets at Silver Bullet, spoke with Sabrina Phillips about this news
- Silver Bullet Mines Corp. (SBMI) opened trading at C$0.19 per share
Silver Bullet Mines Corp. (SBMI) (OTCQB: SBMCF) is once 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 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.
The 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 at the mill.
The company also released recent highlight assays from the vein in the upper adit at the Buckeye Mine, from an area to which the company recently drifted behind the Treasure Room
Peter Clausi, VP Capital Markets at Silver Bullet, spoke with Sabrina Phillips about these developments.
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$0.19 per share.
