Silver Bullet Mines Commences Daily Processing of Super Champ High Grade Silver/Gold in Arizona
Silver Bullet Mines Commences Daily Processing of Super
Champ High Grade Silver/Gold in Arizona
August 15, 2025- Burlington, Ontario. Silver Bullet Mines Corp. (‘SBMI’ or ‘the Company’)
(TSXV:SBMI and OTCQB:SBMCF) is pleased to announce it has commenced daily processing
of what it reasonably believes to be high-grade silver and gold mineralized material from the Super
Champ Mine in Arizona.
The material is being processed at the Company’s wholly owned mill in Globe, Arizona. The
Company intends to process over six tons per hour for eight hours per day, five days per week, to
produce silver and gold concentrate (see photo below of concentrate line on the shaker table). The
Company plans to in the near future increase the number of hours for the mill to be in production
through the addition of another shift. The Company intends that material on an ongoing basis will
be extracted from the mine and transported to the mill site for processing.
Concentrate Line on Shaker Table
SBMI previously reported t he head grade of the material as being over 28 oz/ton silver and
recovery at 89% (news release of Nov ember 12, 2024). SBMI on March 19, 2025 announced a
concentrate grade of the Super Champ material of 530 ounces per ton silver, and on November 12,
2024 announced an independent accredited lab had assayed for gold in the Super Champ
concentrate, returning .52 ounces (16.16 grams/ton). SBMI reasonably believes it can maintain
that head grade and the concentrate grade.
All immediate production from the Super Champ Mine is committed to a third party buyer pursuant
to a Firm Offer disclosed by the Company on July 9, 2025. The Firm Offer provides for an initial
payment equal to 90% of the estimated value of the concentrate within 5 days of the buyer picking
up concentrate from the Company ’s mill, with the remaining amount to be reconciled after
verification of the concentrate by the buyer. At the intended rate of processing t he first shipment
should be ready for the buyer to pick up in the near term.
To ensure the adits were safe, the Company timbered the entire 125 foot lower adit and move d
over 10,000 tons of material from the upper adit (see photo below of timber in lower adit). SBMI
can now safely move forward with mining from both adits.
Timber in the lower adit
To complete the site work at the Super Champ, to expand the King Tut Gold Mine footprint
(SBMI’s latest property acquisition), to advance the Washington Mine in Idaho, and for gene ral
working capital, the Company has entered into a strategic financing. The financing is by way of a
nonbrokered private placement of Units . The participants have agreed to provide funds of
$1,120,800, with each Unit priced at a premium to the market at $0.21 with a full warrant
exercisable at $0.28 for 3 years. The Company plans to close the placement immediately. Should
any others wish to participate please contact the Company immediately.
For further information:
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 may constitut e 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", "wil l", "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/QA 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.