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Silver Bullet Mines Returns 23.6 oz/ton Gold From Concentrate at KT Mine in Arizona

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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) ha riportato risultati eccezionali dall'analisi di campioni in bulk al KT Mine in Arizona. I campioni di concentrato, analizzati da ActLabs accreditata ISO, hanno fornito valori notevoli fino a 23.6 oz/ton d'oro e 28 oz/ton d'argento, con contenuti di piombo al 48% e nessun elemento deleterio significativo.

Dopo l'acquisizione del KT Mine avvenuta nel luglio 2025, SBMI ha lavorato circa 50 tonnellate da una pila di rifiuti da 400 tonnellate, inizialmente con valori medi di 0.3 oz/ton d'oro e picchi di 1.8 oz/ton d'oro. L'azienda ha migliorato l'accesso al sito, messo in sicurezza l'area e aperto una galleria esistente, con la struttura della vena tracciata per oltre 1.000 piedi ad oggi.

Inoltre, SBMI sta espandendo la capacità del mulino e attende i risultati di analisi indipendenti dalla Super Champ Mine. L'azienda ha anche completato una conversione di una nota convertibile in capitale, emettendo 2.91 milioni di azioni.

Silver Bullet Mines (OTCQB: SBMCF) ha reportado resultados excepcionales de su análisis de muestra a granel en la Mina KT en Arizona. Las muestras de concentrado, analizadas por ActLabs con acreditación ISO, arrojaron valores notables de hasta 23.6 oz/t de oro y 28 oz/t de plata, con un 48% de plomo y sin elementos deletéreos significativos.

Tras la adquisición de la Mina KT en julio de 2025, SBMI procesó aproximadamente 50 toneladas de una pila de desecho de 400 toneladas, que inicialmente mostraba valores promediados de 0.3 oz/t de oro y picos de 1.8 oz/t. La empresa ha mejorado el acceso al sitio, asegurado el área y abierto una galería existente, con la estructura de la veta rastreada a más de 1.000 pies hasta la fecha.

Además, SBMI está ampliando la capacidad de su molino y esperando resultados de análisis de terceros de la Mina Super Champ. La empresa también completó una conversión de nota convertible a equity, emitiendo 2.91 millones de acciones.

Silver Bullet Mines (OTCQB: SBMCF)가 애리조나 주 KT 광산에서 벌크 샘플 분석의 뛰어난 결과를 보고했습니다. ISO 인증된 ActLabs가 분석한 광석 선광 샘플은 금 23.6 oz/톤, 은 28 oz/톤의 인상적인 값을 보여주었고, 납은 48%였으며 해로운 요소는 거의 없었습니다.

2025년 7월 KT 광산 인수 후 SBMI는 400톤의 폐석 더미에서 약 50톤을 처리했고, 초기 값은 금 0.3 oz/톤 평균과 금 피크 1.8 oz/톤으로 확인되었습니다. 현장 접근성을 개선하고, 구역을 확보했으며 기존 굴을 열고, 광맥 구조를 현재까지 1,000피트 이상 추적했습니다.

또한 SBMI는 제분 능력을 확장하고 있으며 Super Champ Mine의 제3자 분석 결과를 기다리고 있습니다. 회사는 또한 전환 사채를 지분으로 전환하여 291만 주의 주식을 발행했습니다.

Silver Bullet Mines (OTCQB: SBMCF) a présenté des résultats exceptionnels de son analyse d’échantillons en vrac de la mine KT en Arizona. Les échantillons de concentré, analysés par ActLabs accrédité ISO, ont donné des valeurs remarquables jusqu’à 23,6 oz/t d’or et 28 oz/t d’argent, avec 48% de plomb et aucun élément nuisible majeur.

Après l’acquisition de la mine KT en juillet 2025, SBMI a traité environ 50 tonnes d’un tas de déchets de 400 tonnes, initialement avec des valeurs moyennes de 0,3 oz/t d’or et des pics de 1,8 oz/t d’or. L’entreprise a amélioré l’accès au site, sécurisé la zone et ouvert une galerie existante, la veine étant tracée sur plus de 1 000 pieds à ce jour.

De plus, SBMI étend sa capacité de moulin et attend les résultats d’analyses indépendantes de la Super Champ Mine. L’entreprise a également effectué une conversion de note convertible en actions, émettant 2,91 millions d’actions.

Silver Bullet Mines (OTCQB: SBMCF) meldete herausragende Ergebnisse seiner Bulk-Probenanalyse in der KT-Mine in Arizona. Die Konzentrationsproben, analysiert von ISO-akkreditiertem ActLabs, lieferten bemerkenswerte Werte von bis zu 23,6 oz/ton Gold und 28 oz/ton Silber, mit 48% Blei und keinen signifikanten schädlichen Elementen.

Nach der Übernahme der KT-Mine im Juli 2025 verarbeitete SBMI etwa 50 Tonnen aus einem 400-Tonnen-Abfallhaufen, der zunächst durchschnittliche Werte von 0,3 oz/ton Gold und Spitzen von 1,8 oz/ton Gold zeigte. Das Unternehmen hat den Geländezugang verbessert, das Gebiet gesichert und einen bestehenden Stollen geöffnet, wobei die Aderstruktur bis heute über 1.000 Fuß nachverfolgt wurde.

Darüber hinaus erweitert SBMI seine Mühlenkapazität und wartet auf Ergebnisse der Drittanbieteranalyse der Super Champ Mine. Das Unternehmen hat zudem eine Umwandlung einer wandelbaren Anleihe in Eigenkapital abgeschlossen und damit 2,91 Millionen Aktien ausgegeben.

Silver Bullet Mines (OTCQB: SBMCF) قد أبلغت عن نتائج استثنائية من تحليل عيناتها بكميات كبيرة في منجم KT في أريزونا. عينات الخلاصة، التي جُرِيت بواسطة مختبر ActLabs المعتمد ISO، أظهرت قيم بارزة حتى 23.6 أونصة/الطن من الذهب و28 أونصة/الطن من الفضّة، مع 48% من الرصاص وغياب عناصر ضارة كبيرة.

بعد استحواذ يوليو 2025 على منجم KT، قامت SBMI بمعالجة نحو 50 طنًا من كومة نفايات تبلغ 400 طن، والتي أظهرت في البداية قيم متوسطة تبلغ 0.3 أونصة/الطن من الذهب وذروات تصل إلى 1.8 أونصة/الطن. حسّنت الشركة الوصول إلى الموقع، وأمنت المنطقة، وفتحت بوابة داخلية، مع تتبّع بنية العَود لأكثر من 1000 قدم حتى الآن.

كما توسّع SBMI قدرته على المصهر وترשّب نتائج التحليل من طرف ثالث من منجم سوبر تشامب. كما أكملت الشركة تحويل ملاحظة قابلة للتحويل إلى أسهم، مما أدى إلى إصدار 2.91 مليون سهم.

Silver Bullet Mines (OTCQB: SBMCF) 在亚利桑那州 KT 矿的批量样品分析中报告了卓越成果。经 ISO 认证的 ActLabs 分析的选矿样品显示出高达 23.6 oz/吨金、28 oz/吨银 的显著数值,铅含量为 48%,且未发现显著有害元素。

在 2025 年 7 月收购 KT 矿后,SBMI 处理了约 50 吨来自 400 吨废料堆的样品,初始值为平均 0.3 oz/吨金,峰值达到 1.8 oz/吨金。公司已改善现场通道、确保周边区域并开通现有的巷道,至今已追踪到该脉结构超过 1,000 英尺。

此外,SBMI 正扩大其磨矿能力,并在等待来自 Super Champ Mine 的第三方分析结果。公司还完成了可转债的转换成股权,发行了 291 万股

Positive
  • Exceptional gold concentration of 23.6 oz/ton and silver of 28 oz/ton in samples
  • Vein structure traced for over 1,000 feet at surface
  • No significant deleterious elements found in samples
  • Successful conversion of $150,000 debt to equity, improving balance sheet
Negative
  • Sample results may not be representative of the entire KT Mine vein
  • Qualified Person was not present during sample collection

Burlington, Ontario--(Newsfile Corp. - September 18, 2025) - Silver Bullet Mines Corp. (TSXV: SBMI) (OTCQB: SBMCF) ('SBMI' or 'the Company') is pleased to announce the final results from the recently completed highly successful bulk sample from the KT Mine in Arizona.

SBMI announced its acquisition of the KT Mine on July 23, 2025. As part of its due diligence review of KT, the Company took roughly 50 tons from approximately 400 tons of waste material to its mill for later processing into concentrate. Samples from that waste material processed at SBMI's assay lab averaged 0.3 oz/ton gold and ran as high as 1.8 oz/ton gold (see news release of July 23, 2025).

SBMI took other random samples from the concentrate throughout the process. Five such samples were sent to the ISO-accredited Activation Laboratories Ltd. (ActLabs") in Ancaster, Ontario for detailed analysis. ActLabs advised the initial concentrate values for the gold, silver and lead were higher than the maximum values for the tests performed, requiring a different test to determine how high the values were for the gold, silver and lead. And, as said by CEO John A. Carter, "The results are absolutely incredible."

Values for the retested samples returned as high as 809 g/tonne (23.6 oz/ton gold and 959 g/tonne (28 oz/ton) silver, and the lead returned 48%. No significant deleterious elements were found. The complete results will be made available at www.silverbulletmines.com.

These gold and silver values are extremely high but in line with the historical numbers provided by the previous owner of KT. SBMI is currently shipping additional material from the mine to the mill for processing and to produce a concentrate for sale.

In anticipation of these final results the Company has improved access to the site, secured the area and proceeded to open the existing adit. The adit has been timbered to provide access to the vein and the field team occasionally pans for gold from the tunnel along the vein.

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Field team efforts to pan for gold

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https://images.newsfilecorp.com/files/8464/267040_81ad391c4489bac1_001full.jpg

The Company is also working at surface to better define the vein structure, with the vein having been traced for over 1000 feet to date. Samples for assay are being taken throughout the process.

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Timbering at the KT Adit

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https://images.newsfilecorp.com/files/8464/267040_81ad391c4489bac1_002full.jpg

The Company believes that the KT property as well as the Super Champ Mine provide significant potential to provide high grade gold and silver to its mill for processing for the foreseeable future. In light of this SBMI is working with its engineering group to increase the capacity of its mill and add additional circuits to recover other minerals.

With respect to the Super Champ Mine, the Company is still awaiting the results of a third-party multi-element analysis on the concentrate from material taken from the Super Champ Mine. Upon receipt of such results SBMI will be able to advance the sales process with the Buyer identified on July 9, 2025.

On June 27, 2025 SBMI announced the holder of the convertible promissory note had elected to convert the balance of the note outstanding to equity. The note holder also elected to be paid related interest in common shares of the Company. At that time the total note outstanding was in the amount of $150,000.00, which converted at $0.10 per share to one million five hundred thousand shares. Outstanding interest in the amount of $211,561 converted into 1,410,406 shares at $0.15 per share.

Finally, the Company has issued options to a certain consultant of the Company. The options include 500,000 at thirty cents and 500,000 at forty cents, all of which will expire on February 26, 2026 and vest immediately.

QA/QC

Readers are cautioned samples are random by nature and may not be representative of the remainder of the King Tut vein.

The samples described in the press release of July 23, 2025 as well as that mentioned in this press release were collected from the 400 ton waste pile at the KT Mine. Fifty tons of this material was removed from this stockpile and brought to Silver Bullet's Mill for processing. The samples of the July 23, 2025 press release were analyzed by SBMI at its facility near Globe, Arizona. These samples were processed through the Lab Jaw Crusher, Lab Hammer Mill and Splitter Box into an aliquot. Most of the pulverized aliquot was mixed with a flux and flour combination and melted in a crucible at 1,850 degree Fahrenheit, with the remainder being logged and archived. Upon cooling, the poured melt was in the form of a metal button and slag, following which a bone ash cupel was utilized to eliminate the lead in the button to form a bead. The bead was then weighed, following which a solution of 6 to 1 distilled water to nitric acid was utilized to dissolve the gold in the bead at approximately 175 degrees Fahrenheit. A much more detailed description of the process and a picture of the assay lab can be found at QA/QC Assay Lab - Silver Bullet Mines Corp.

The five additional samples reported in this press release were collected from the same 500 pound sample at SBMI's mill as it ran through the milling process. These samples, primarily concentrates, were collected by Arizona certified assayer Bob Budd. These samples were shipped to the QP, Robert G. Komarechka, who then forwarded them on to Actlabs (a certified ISO9001 lab) in Ancaster, Ontario for analysis. The samples were screened to a -200Mesh and assayed for whole rock and multielement analysis using their 4LITHO package. Assaying for gold was undertaken using their 1A2B-30 analytical package consisting of a fire assay with an AA finish and their 1A3 process for overlimit assays consisting of fire assaying followed by a gravimetric analysis. Overlimit silver analysis were assayed using fire assaying followed by gravimetric analysis.

Mr. Robert G. Komarechka, P.Geo., an independent consultant, has reviewed and verified SBMI's work referred to herein, and is the Qualified Person for this release.

Mr. Robert Komarechka was not at the site when the samples were collected.

For further information:

John Carter
Silver Bullet Mines Corp., CEO
cartera@sympatico.ca
+1 (905) 302-3843

Peter M. Clausi
Silver Bullet Mines Corp., VP Capital Markets
pclausi@brantcapital.ca
+1 (416) 890-1232

Cautionary and Forward-Looking Statements

This news release contains certain statements that may constitute forward-looking statements as they relate to SBMI and its subsidiaries. Forward-looking statements are not historical facts but represent management's current expectation of future events, and can be identified by words such as "believe", "expects", "will", "intends", "plans", "projects", "anticipates", "estimates", "continues" and similar expressions. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that they will prove to be correct.

By their nature, forward-looking statements include assumptions and are subject to inherent risks and uncertainties that could cause actual future results, conditions, actions or events to differ materially from those in the forward-looking statements. If and when forward-looking statements are set out in this new release, SBMI will also set out the material risk factors or assumptions used to develop the forward-looking statements. Except as expressly required by applicable securities laws, SBMI assumes no obligation to update or revise any forward-looking statements. The future outcomes that relate to forward-looking statements may be influenced by many factors, including but not limited to: the impact of SARS CoV-2 or any other global pathogen; reliance on key personnel; the thoroughness of its QA/QC procedures; the continuity of the global supply chain for materials for SBMI to use in the exploration for and the production and processing of mineralized material; the results of exploration and development activities; the results of mining and mill operations; shareholder and regulatory approvals; activities and attitudes of communities local to the location of the SBMI's properties; risks of future legal proceedings; income tax matters; fires, floods and other natural phenomena; the rate of inflation; counterparty risk with respect to any buyer of the Company's products; availability and terms of financing; distribution of securities; commodities pricing; currency movements, especially as between the USD and CDN; effect of market interest rates on price of securities; and, potential dilution. SARS CoV-2 and other potential global pathogens create risks that at this time are immeasurable and impossible to define.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267040

FAQ

What were the gold and silver concentrations found in Silver Bullet Mines' (SBMCF) KT Mine samples?

The samples from KT Mine showed extremely high concentrations of up to 23.6 oz/ton gold and 28 oz/ton silver, along with 48% lead content.

When did Silver Bullet Mines acquire the KT Mine?

Silver Bullet Mines acquired the KT Mine on July 23, 2025.

How much material did SBMCF process from the KT Mine for the bulk sample?

The company processed approximately 50 tons from a 400-ton waste material pile at the KT Mine.

What is the current development status of the KT Mine?

SBMI has improved site access, secured the area, opened and timbered an existing adit, and traced the vein structure for over 1,000 feet at surface.

How many shares were issued in the convertible note conversion?

A total of 2.91 million shares were issued, with 1.5 million shares at $0.10 for the $150,000 note and 1.41 million shares at $0.15 for $211,561 in interest.
SILVER BULLET MINES CORP

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