Silver Bullet Mines Corp. Reaches Target Underground at Washington Mine in Idaho

Silver Bullet Mines Corp. (SBMI) has achieved a significant milestone in its Idaho operations, successfully completing the first phase of underground development at the Washington Mine. The company announced on January 16, 2025, that it has reached the targeted underground location, aligning with the historical data and reports, such as the Stoker Report.

The Washington Mine, a past-producing gold mine with bypassed silver veins, is expected to contribute to SBMI's multiple revenue streams, including the Super Champ Mine, Buckeye Mine, and Washington Mine. The company's strategic focus on developing mineral assets in the Western United States, among the best jurisdictions in the world, positions it for success in an attractive environment of rising commodity prices.



The first phase of underground development at the Washington Mine involved several key milestones, including:

1. Establishing a 12 foot x 12 foot adit, advancing approximately 90 feet as planned in the Stoker Report.
2. Securing the portal with screening, rock bolting, and timbering for safety.
3. Making a 50-degree turn eastward parallel to the historical silver zone.

The company plans to remove approximately 2,500 tons of material for processing, which will help validate the historical data and reports, potentially leading to the discovery of additional mineralization. This material will be processed intermittently at a nearby third-party mill.

The mine development includes underground infrastructure to support year-round mining, such as equipment bays, storage, water supply, and sump for drill water. This infrastructure will facilitate efficient and safe mining operations, allowing SBMI to maximize the potential of the Washington Mine.

The completion of the first phase of underground development at the Washington Mine is a testament to SBMI's commitment to exploring and developing its mineral assets in the Western United States. As the company continues to generate revenue and fund further exploration, investors should keep an eye on its progress and the potential for additional discoveries and resource expansion.

In conclusion, Silver Bullet Mines Corp. has successfully reached the targeted underground location at the Washington Mine in Idaho, aligning with historical data and reports. The company's strategic focus on developing mineral assets in the Western United States positions it for success in an attractive environment of rising commodity prices. As SBMI continues to generate revenue and fund further exploration, investors should monitor its progress and the potential for additional discoveries and resource expansion.