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.
Silver Bullet Mines Corp (OTCQB: SBMCF; TSXV: SBMI) is an other precious metals and mining company focused on high-grade gold and silver projects in the United States. Its news flow centers on operational milestones at its mines and on the performance of its hub and spoke model built around a wholly owned mill and assay facility near Globe, Arizona.
Readers following SBMCF news can expect detailed updates on production and development at the KT Mine, the Super Champ (SC) Mine, the King Tut Gold Mine, and the Washington Mine in Idaho. Recent announcements have covered discoveries of new potential silver/gold zones at KT, visible gold in blasted material, and the progression from bulk sampling to commercial shipments of gold and silver concentrate.
News releases also highlight agreements with a major offtake client, including contracts to purchase silver concentrate from the SC Mine and to buy direct ship material from the KT and SC Mines. These items provide insight into how the company moves from exploration and development to concentrate sales and cash flow.
In addition to mine and mill updates, Silver Bullet Mines’ news includes information on mill throughput, assay results from its in-house lab and independent laboratories, QA/QC procedures, and site work such as adit timbering and underground development. Corporate updates on financings, warrant exercises, and debt conversions are also disclosed, giving context on how the company funds its projects.
For investors and observers tracking SBMCF, this news page offers a centralized view of exploration results, operational progress, concentrate shipments, and key commercial agreements across Silver Bullet Mines’ portfolio.
Silver Bullet Mines (OTCQB: SBMCF) announced acquisition of the Columbia Mine and the Gold Queen Mine in Gila County, Arizona, adding twelve contiguous BLM mineral claims less than 30 miles from its Globe, Arizona mill.
The company says mill testing shows material is processable for gold, silver and copper, a DSO buyer contract is in place subject to final analysis, and engineering is underway to expand mill capacity. The purchase was for a small cash payment with no shares or royalty.
Silver Bullet Mines Corp (OTCQB: SBMCF, TSXV: SBMI) announced it received its first payment for gold/silver concentrate from its Arizona mining operations and has completed five shipments to date.
The initial shipment was received by the buyer on October 29, 2025; the company is preparing a sixth shipment and expects subsequent shipments to grow in tonnage and grade as it transitions to cash-generating operations.
Payment details remain confidential; management emphasizes continued shipments and advancing assets in Arizona and Idaho while creating shareholder value through disciplined execution.
Silver Bullet Mines (OTCQB: SBMCF) announced discovery of a new potential high‑grade silver/gold zone during development at the KT Mine in Arizona on January 5, 2026. In‑house assays of 12 samples returned 7–27 oz/ton silver with associated gold and lead; third‑party check assays will be submitted for confirmation.
The company has exposed the vein over 200 ft, uncovered an ~8 ft surface vein, removed a roughly 200 ton bulk sample for processing, completed underground development and expects mining to commence this week. Four concentrate shipments have left the mill; a fifth is scheduled.
Silver Bullet Mines (OTCQB: SBMCF) signed a 1-year agreement effective Dec 16, 2025 to direct ship material from the KT Gold Mine and SC Silver Mine, with annual renewals contemplated.
The client will purchase up to 12,000 tons of material for calendar 2026, crushed to 1/8 inch at mine sites and shipped direct; shipping is anticipated to begin in Q1 2026. The company will receive a provisional payment of 80% of estimated shipment value within 5 days of client documentation, with final settlement after weights and assays using the mean of LBMA gold and silver quotations.
Company has begun acquiring equipment to meet crushing/loading specs and reports cumulative concentrate ready for pickup of approximately 11,500 lbs. The company will issue 258,675 common shares$0.24 to satisfy $62,082 interest on convertible debentures.
Silver Bullet Mines (OTCQB: SBMCF) announced a second shipment of roughly 2,500 pounds of gold/silver concentrate from the KT Gold Mine, following an earlier shipment received by the buyer on October 29, 2025 that included ~4,000 pounds from KT and ~2,000 pounds from the SC Mine.
The company plans additional shipments on an approximate biweekly cadence targeting 2,500–4,000 pounds per shipment, is awaiting the buyer's comparative assays to agree final values, and states initial payment terms are 60 days from refinery receipt while it negotiates subsequent terms.
SBMI received SC Mine concentrates that tested above the lab's detection limits and announced the reappointment of John MacKenzie to the board and issuance of 258,675 shares as interest on outstanding debentures.
Silver Bullet Mines (OTCQB: SBMCF) announced shipment of its first commercial gold and silver concentrate from the KT Mine, picked up October 23, 2025, with payment tied to the Client's final assay. The company said this shipment begins recurring concentrate shipments and plans to increase mill throughput at its 100% owned Globe, Arizona mill via longer hours, process efficiencies and a planned flotation circuit.
Corporate actions: October 2024 convertible debentures were fully converted to shares in 2025, 2,830,000 warrants tied to those debentures and 254,000 other warrants were exercised at $0.16, and 33,333 consultant shares were issued at $0.30 on October 15, 2025.
Silver Bullet Mines (OTCQB: SBMCF) reported significant progress at its KT Mine in Arizona, achieving a substantial increase in concentrate gold grade to 27 ounces per ton. The company discovered visible gold in the latest blast material, with approximately 150-200 tons ready for mill processing. Underground work has yielded a head grade of 0.8 oz/ton gold as of September 25, 2025.
The company has processed roughly 125 tons of blended material, producing over 2 tons of high-grade concentrate. SBMI has completed essential site work including timbering the adit opening, installing ventilation, and making safety improvements. The company plans to use cash flow from KT and SC concentrate sales to upgrade mill capacity and fund exploration programs in Arizona.
Silver Bullet Mines (OTCQB:SBMCF) announced the commencement of Phase Two development at its Washington Mine in Idaho, following a successful summer exploration program. The company completed Phase One in May 2025, which included driving a 12x12 foot adit and establishing underground drill stations.
Phase Two will focus on opening the newly discovered Subrosa Adit for bulk sampling, with the company evaluating proposals for processing, including installing its own modular mill on-site. The exploration program identified multiple gold and silver targets, including the Berger and Lindgren Veins. Additionally, SBMI granted 4,000,000 stock options to officers, directors, and consultants, exercisable at $0.30 with a five-year term.
Silver Bullet Mines (OTCQB: SBMCF) has reported exceptional results from its bulk sample analysis at the KT Mine in Arizona. The company's concentrate samples, analyzed by ISO-accredited ActLabs, yielded remarkable values of up to 23.6 oz/ton gold and 28 oz/ton silver, with 48% lead content and no significant deleterious elements.
Following the July 2025 acquisition of the KT Mine, SBMI processed approximately 50 tons from a 400-ton waste material pile, which initially showed values averaging 0.3 oz/ton gold and peaks of 1.8 oz/ton gold. The company has improved site access, secured the area, and opened an existing adit, with the vein structure traced for over 1,000 feet to date.
Additionally, SBMI is expanding its mill capacity and awaiting third-party analysis results from the Super Champ Mine. The company has also completed a convertible note conversion to equity, resulting in the issuance of 2.91 million shares.
Silver Bullet Mines (OTCQB: SBMCF) has provided updates on its Washington Mine exploration program in Idaho and announced the closure of a strategic financing round. The company has identified historical high-grade gold workings and is currently mapping the original discovery zone. The Subrosa Adit, historically reported to contain 32 oz/ton silver and 0.13 oz/ton gold over 65 feet, is being reopened for sampling.
The company has completed a strategic financing of $1,424,250 by issuing 6,782,143 units at $0.21 per unit, with each unit including one common share and a warrant exercisable at $0.28 for three years. The proceeds will fund work at Super Champ, expand the King Tut Gold Mine, advance the Washington Mine, and provide working capital.