March 7, 2025 — Silver Bullet Mines Corp. (TSXV: SBMI | OTCQB: SBMCF) has disrupted traditional exploration practices by successfully producing silver without first establishing a formal resource estimate. Speaking at PDAC 2025, Director and VP of Capital Markets Peter Clausi directly challenged industry norms, stating, “We’ve been able to get this far without a resource on the Buckeye, on the Super Champ, or on the Washington mine up in Idaho.” Clausi demonstrated the company’s tangible success by showcasing a freshly poured silver ingot from the Buckeye Silver Mine and a bag of high-grade concentrate from the Super Champ property, underscoring Silver Bullet’s recent milestone of shipping its first concentrate.
Clausi emphasized the strategic advantages of Silver Bullet Mines’ operational model, particularly the proximity of the Super Champ mine—just ten miles from the company’s fully-owned processing mill in Globe, Arizona. This location is not only mining-friendly but significantly reduces operational costs. As Clausi explained, “When you own your own mill, you can control your own costs because you can control the timing of what you put through, the grade… and how hard the ore is.” Recent developments have seen the Super Champ property quickly advance from initial surface exploration to active production, yielding high-grade material—including recent assays as high as 405.4 ounces per ton silver, according to the latest company update. Clausi expressed optimism regarding the silver market, conservatively projecting silver prices to be between $35 and $40 per ounce by year-end 2025.
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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.
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