Silver Bullet Announces Temporary Suspension of Activities
Silver Bullet Announces Temporary Suspension of Activities
July 24, 2023 - Burlington, Ontario – Silver Bullet Mines Corp. (TSXV:SBMI and
OTCQB:SBMCF) (‘SBMI’ or ‘the Company’) announces that it has temporarily suspended
operations at its Buckeye Silver Mine and its processing mill in Arizona.
The temporary suspension o f activities results from excessive heat warnings by the National
Weather Service, with temperatures being experienced in the range of 41 to 46 Celsius.
Additionally, the area of the Buckeye Silver Mine has experienced wildfires resulting in restricted
access to the property.
Maintenance activities continue at both the mine site and the mill until the resumption of activities.
The Company is working with its customers to extend delivery dates as a result of the suspension
of operations.
While the Company anticipates being able to resume operations in the near future, the timing is
subject to climate variables beyond its control.
For further information, please contact:
John Carter
Silver Bullet Mines Corp., CEO
+1 (905) 302-3843
Peter M. Clausi
Silver Bullet Mines Corp., VP Capital Markets
+1 (416) 890-1232
Cautionary and Forward-Looking Statements
This news release contains certain statements that 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 virus; reliance on key
personnel; the thoroughness of its QA/QA procedures; the continuity of the global supply chain for materials for SBMI to use in
the production and processing of ore; 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; 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.