Peter Clausi Discusses Silver Bullet Mines’ Commencement of Commercial Production and High-Grade Results

September 27, 2024 — In a recent interview with Investor.News host Tracy Hughes, Peter Clausi, Director and VP of Capital Markets at Silver Bullet Mines Corp. (TSXV: SBMI | OTCQB: SBMCF), discussed the company’s latest milestone: the commencement of commercial production of high-grade mineralized material. Clausi shared insights into how Silver Bullet Mines (SBMI) transitioned from processing its own material to third-party material, noting that a recent safety inspection by the Mining Safety and Health Administration led to temporary shutdowns. Rather than sitting idle, SBMI took the opportunity to secure third-party material, and this shift has resulted in promising outcomes. “Today’s press release is one of the results of that effort,” Clausi said.

SBMI’s recent due diligence on the third-party material yielded impressive results. “The highest [assay] was 45 1/2 oz per ton,” Clausi highlighted, referring to their latest 500-pound sampling program, which far exceeds the industry standard for bonanza silver. The company’s 100%-owned modular mill in Globe, Arizona, has been successfully processing this material, and Clausi emphasized that SBMI’s ability to process various regional materials without needing significant changes to its circuits is a major advantage. The company plans to ramp up production from 50 tons per day to higher volumes, with Clausi noting, “The mill can get up to 125 tons a day.” SBMI’s capacity to produce both dore bars and high-grade concentrate positions the company for sustained revenue generation.

To access the complete Investor.News interview, click here

Don’t miss other Investor.News interviews. Subscribe to the Investor.News YouTube channel by clicking here

About Silver Bullet Mines Corp.

Silver Bullet Mines Corp. (SBMI) is making headway in the gold and silver production industry. SBMI recently revealed a third potential revenue stream through a partnership to process around 900 pounds of high-grade gold concentrate at its Globe, Arizona facility, benefiting from its advanced gravity circuit. Besides this, SBMI’s primary operations focus on silver extraction from the Buckeye Silver Mine and silver/gold production at its Washington Mine in Idaho, to be processed at its fully operational mill. The company recently reported promising high-grade silver findings from the Treasure Room and is working on a financing strategy for its operations. An ambitious goal is to stabilize the Treasure Room for deeper exploration. Another highlight was the successful interception of a mineral-rich zone at the Buckeye Mine, known as “Zone1,” believed to contain higher-grade silver. The company plans to continue mining this vein and refine the material at its Globe mill. Recent developments position SBMI as a leading player in silver mining, suggesting a bright future for the company and its investors.

To learn more about Silver Bullet Mines Corp., click here

Disclaimer: Silver Bullet Mines Corp. is an advertorial member of InvestorNews Inc.

This interview, which was produced by InvestorNews Inc. (“Investor.News”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.