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SILVER BULLET MINES CORP - $SBMCF STOCK NEWS

Welcome to our dedicated page for SILVER BULLET MINES news (Ticker: $SBMCF), a resource for investors and traders seeking the latest updates and insights on SILVER BULLET MINES stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SILVER BULLET MINES's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SILVER BULLET MINES's position in the market.

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Silver Bullet Mines Corp. has begun processing third-party silver material at its Arizona plant, sourced from a property with high-grade silver ores. Initial results show promising numbers with efficient processing methods, potentially leading to a cost-effective production of silver bars. The company is also evaluating the property hosting the material for potential acquisition. SBMI is utilizing its efficient mill and assay complex to generate revenue while preparing for mining at Buckeye Silver Mine. The PR highlights the positive impact on production efficiencies and revenue generation for SBMI.

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Silver Bullet Mines Corp. (SBMCF) announces a strategic business agreement with Countryman Investments , providing financial stability and mining opportunities. The Agreement includes issuing a convertible debenture up to $1,000,000.00 with detachable warrants. Countryman's principal, Mr. Dave Richardson, joins SBMI's advisory board. The Agreement aims to support SBMI's operations at the Buckeye Silver Mine in Arizona and the Washington Mine in Idaho.
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Silver Bullet Mines Corp. (SBMCF) announces the continuation of operations at its mill near Globe, Arizona, with high-grade mineralized material. The company plans to process the material into dore bars, establish production targets, and fulfill orders. Extension agreements have been reached for land hosting and debenture payments. SBMCF is focused on mining, processing, and exploration.
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Silver Bullet Mines Corp. (SBMCF) announces assay results from its last blast prior to MSHA inspection and training, indicating high-grade silver mineralization. The company has seen an increase in the grade of the muck assays and expects this to continue. MSHA training has been completed and approved, with plans to commence production upon the necessary changes. The company is pleased with the improvement in head grade at the mine and the successful completion of MSHA training.
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Silver Bullet Mines Corp. (SBMCF) has received approval for its mine training program from the Mine Safety and Health Association, marking a significant step in its transformation to a silver producing company. The approval covers both underground and surface operations, with the field team in Arizona currently undergoing the annual training program. The company aims to address safety-related items, develop the higher-grade Zone1, and commence commercial operations in the near future.
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Silver Bullet Mines Corp. (SBMI) announced the successful processing of a bulk sample of mixed mineralized material from Zone1 at the Buckeye Silver Mine. The 40-ton sample confirmed high-grade silver nature, recovery rates, and the mill's ability to process a large amount of material from Zone1. The concentrates averaged 24.2 ounces per ton (829.7 grams/tonne) silver, with a high-grade line of 334 ounces per ton (11,451.5 grams/tonne) recovered. The next step involves magnetic separation of the concentrates to remove iron and PGMs, followed by pouring of silver dore bars. The Company plans to commence processing Zone1 materials on a larger scale, while continuing to stockpile material from Zone1 at the minesite. Mining continues in Zone1, with water noted in recent drill holes, indicating a potential alteration in silver grade.
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Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) has applied for an extension of 30 days price protection to complete further subscriptions for the private placement originally announced in October 2023. The company has begun processing mineralized material from the new Zone1 at the Buckeye Silver Mine and granted options to officers, directors, and consultants. Assay results from the bulk sample are anticipated within a week or so.
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Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) announces the appointment of Mr. John Kontak to its board of directors. The company also reports the shipping of mineralized material from Zone1 at the Buckeye Mine to the mill has begun. Continual sampling and assaying will take place at all stages of the milling process to determine the best blend of material to attain the highest recovery rates and to make the necessary adjustments to the process. The company continues to mine at Zone1 at the Buckeye, with samples showing promising silver content.
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Silver Bullet Mines Corp. (SBMI) announces high-grade silver results with up to 24.2 oz/ton silver from new muck piles and directly from the vein. The Company is moving to the next stage in the development of Zone1, expecting the grade to increase further in future blasts. This is significant as it validates the interpretation of historical and current data, supporting the theory of grade increase. The Company believes Zone1 could contain a significant quantity of silver and other metals, intending to continue drilling and blasting. A third party plans to send 900 pounds of gold concentrate to SBMI's mill for processing into a higher purity product. SBMI is working with a transport company to arrange transportation to the mill. However, readers are cautioned that the samples may not be representative of the Buckeye Mine as a whole.
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Silver Bullet Mines Corp. announces a potential third revenue stream from a verbal agreement with an Investor/Client. The Investor/Client will ship approximately 900 pounds of high-grade gold concentrate to SBMI's mill in Arizona to be processed. If successful, this could become a near-term revenue stream for SBMI.
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SILVER BULLET MINES CORP

OTC:SBMCF

SBMCF Rankings

SBMCF Stock Data

5.97M
49.24M
22.13%
Other Precious Metals & Mining
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United States of America
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