Silver Bullet Mines Corp. Updates its Acquisition of Mining Equipment
Silver Bullet Mines Corp. Updates its Acquisition of Mining Equipment
April 9, 2026 - Burlington, Ontario- Silver Bullet Mines Corp. (TSXV:SBMI, OTCQB:SBMCF)
(“SBMI” or “the Company”) is pleased to provide an update concerning the acquisition of mining
equipment for its various mines.
On March 2, 2026 SBMI announced it had entered into a five-year agreement with Ocean Partners
US Inc. (“Ocean Partners”) whereby SBMI would supply high grade mineralized material and
concentrates to Ocean Partners. To supply this material, SBMI requires a portable crusher to
operate at its various mine sites.
SBMI has ordered a portable crushing plant that is being manufactured to SBMI specifications and
has a rated capacity of up to 50 tons of mineralized material p er hour (in theory, 1200 tons per
day). This crusher is intended to produce material crushed to one quarter inch, as per Ocean
Partners’ specifications, and SBMI intends to start production for Ocean Partners at 100 tons of
mine material per day. This crusher will have the capacity to ramp up daily production as needed
by SBMI without further capital expenditure.
SBMI is finalizing arrangements for transportation and logistics for the delivery of the completed
crusher to the Columbia Mine in Arizona. SBMI is also preparing the Columbia site and installing
infrastructure, including a new road and electrical supply. It is expected the crusher should be fully
functional on-site at the Columbia Mine within roughly five months.
The crusher, being portable, will be able to be moved when necessary to the other SBMI mines in
Arizona.
A second crusher is being contemplated for SBMI’s Washington Mine in Idaho.
Also in the March 2, 2026 news release, SBMI advised it intended to increase the throughput at its
wholly-owned mill in Globe, Arizona. This would require additional equipment to be installed at
the Company’s existing modular mill. This ability to easily expand the mill’s throughput is why
SBMI initially designed the mill as a modular expandable unit. Initial infrastructure expansion
capability was designed into the original design parameters. SBMI plans to recover minerals other
than gold and silver, and as a result intends to acquire other equipment to effect such recoveries.
To fund the acquisition of the equipment, SBMI is negotiating for non-equity financing, the details
of which will be shared as soon as possible.
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 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", "expec ts", "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 f orward-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 oth er 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 mineralized material; the results of exploration and developme nt activities; 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.