Silver Bullet Mines Corp. (TSX-V:SBMI, OTC:SBMCF) (SBMI) has updated its latest processing campaign at its 125 tons per day (TPD) pilot plant. Through March 13, 2023, the company will process mineralized vein material at his wholly-owned plant in Arizona, recover concentrates that will be converted to Dover, and confirm the success of its recent plant modifications. confirmed.
A resource junior said that the mineralized material was harvested from the vein structure in the upper passage behind the treasure room.
SBMI said it is producing the first batch of door bars that will be sent to a third-party laboratory for analysis and sent to potential buyers for analysis.
Read: Silver Bullet Mines encounter further silver mineralization as they return to processing the material at the mill.
It added that one drever had previously been sent to a potential buyer for analysis.
The company said it will supply mills that have accumulated large amounts of mineralized material at the Buckeye mine for transportation to the mill site.
Mining is proceeding in 150-ton (136-tonne) rounds, progressing 12 feet (3.7 meters) per round, four rounds per week, according to SBMI.
In addition, the company said its next steps include increasing tonnage delivered to the mill from the Buckeye mine, continuing mining of the historic high-grade zone, fulfilling outstanding orders, sourcing other buyers, and continued improvements in operational performance at Buckeye Mine. and at the factory.
SBMI also said that while the company’s management reasonably believes it can meet the foreseeable future order growth, it is currently making several additional potential purchases to mitigate risk. He said he was talking to someone.
Silver Bullet Mines has projects in the western United States. The company’s flagship Black Diamond project is located at the Miami Grove Copper Camp in Gila County, Arizona, centered in the Richmond Basin. The property covers nearly 5,000 acres and has hosted several underground primary silver mines that have produced in the past.
Please contact Sean at Sean@proactiveinvestors.com
