Silver Bullet Mines Signs Agreement to Direct Ship Material from Major Offtake Client
Silver Bullet Mines Signs Agreement to Direct Ship Material from Major Offtake Client
December 18 , 2025 – Burlington, Ontario – Silver Bullet Mines Corp. (TSXV:SBMI,
OTCQB:SBMCF) (“SBMI” or the “Company”) (TSXV:SBMI, OTCQB:SBMCF) is pleased to
announce it has signed an agreement to direct ship material from both the KT Gold Mine and the
SC Silver Mine. The agreement has a term of 1 year commencing December 16, 2025 with annual
renewals contemplated. The Client is a large industry participant and SBMI sees very little
counterparty risk.
Both the KT Mine and the SC Mine are located in the Globe area of Arizona proximate to SBMI’s
wholly owned mill . This agreement will have no effect on the Company ’s existing milling
operations at its mill, where it will continue to process mineralized material into concentrate for
sale.
The Client has agreed to purchase material for direct shipping to its facilities. This material will
not be processed through the SBMI mill. It is to be crushed to ¼ inch product at the respective
mine sites and either loaded in super sacs or bulk direct into containers. The tonnage purchased
will be initially up to 12,000 tons for calendar 2026 , with t he Client agreeing to purchase larger
amounts if available.
The Company is evaluating several options to provide the most economical method to crush to
spec and load the material. It is anticipated shipping should commence during the first quarter of
calendar 2026. Acquisition of the necessary equipment to commence processing of this material
has begun. This equipment should be readily available.
Pursuant to the agreement, the Company will receive a provisional payment of 80% of the
estimated value of the shipment within 5 days of the Client’s receipt of documentation. The final
balance will be paid when final weights and assays have been determined. Payments will be made
based upon a price equal to the mean of the daily US$ LMBA morning and afternoon quotations
for gold and silver at the date of processing.
The Client for the direct ship material is the same client that has an agreement to purchase the
silver concentrate from the SC mine. SBMI believes this is further confirmation it is growing the
Company in a manner that is attracting high quality long term clients with aspirations to work
together and build a significant mining operation.
This agreement represents yet another potential significant revenue generator for the Company. It
is made possible because of the incredible potential of KT and SC Mines. The dramatic increase
in the prices of precious metals also enables the Company to expand its material recovery to
include lower grade material that otherwise might not have been saleable . This latest agreement
will enable the Company to focus on the much higher grade material from underground at KT but
still increase its daily volumes. The Company also plans to expand and increase the throughput of
the mill and fund the underground development of both the SC and KT Mines. The Company
believes this a significant move forward in the implementation of its business plan.
The Company also announces that its fourth batch of concentrate is ready for pickup resulting
cumulatively in approximately 11,500 lbs of concentrate processed.
In addition, the Company announces that is has incurred interest expense in the amount of $62,082
with respect to convertible debentures. Payment of the interest will be satisfied by the issuance of
258,675 common shares at $0.24 per share.
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", "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/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 and tariff matters; fires, floods, snowfall, spring
thaw 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.