Mr. John Carter reports
SILVER BULLET MINES CORP. ANNOUNCES FIRST PAYMENT FROM ARIZONA OPERATIONS
Silver Bullet Mines Corp. has received its first payment for concentrate from its Arizona mining operations.
The first shipment of gold/silver concentrate consisted primarily of waste material from the KT mine and SC mine was received by the Buyer on October 29, 2025. The company has now completed five shipments of gold/silver concentrate and is currently processing mine material to create the sixth shipment. Management reasonably believes that subsequent shipments should increase in both tonnage and grade. SBMI is transitioning from development and ramp up activities to cash generating operations in Arizona.
"This is a significant step forward for Silver Bullet Mines," said John Carter, chief executive officer. "Commencing cash received from operations validates the work completed to date on the company's Arizona assets and demonstrates the ability to process material through the production cycle. This is an important milestone in the evolution of the company."
The company continues to ship gold/silver concentrate and expects to receive payments on a regular basis as operational conditions, processing schedules and market factors develop. Details of the payments are confidential and cannot be disclosed at this time.
SBMI remains focused on advancing its assets both in Arizona and Idaho responsibly while creating value for shareholders through disciplined operational execution.
Silver Bullet Mines is a mining company focused on acquisition, exploration, development and operation of precious metal properties in North America.
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