15:18:20 EDT Fri 24 May 2024
Enter Symbol
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USA
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Silver Bullet Mines Corp
Symbol SBMI
Shares Issued 62,421,962
Close 2022-06-09 C$ 0.355
Market Cap C$ 22,159,797
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Silver Bullet Mines begins commissioning mill

2022-06-09 13:08 ET - News Release

Mr. John Carter reports

COMMISSIONING OF SILVER BULLET MINES CORP.'S MILL HAS BEGUN

Silver Bullet Mines Corp. has commenced commissioning of its wholly owned 125-metric-tonne-per-day state-of-the-art mill located near Globe, Ariz. This is the next step to silver production.

"Commissioning is the culmination of much planning and hard work," said A. John Carter, Silver Bullet's chief executive officer. "The field team overcame global supply chain issues to create a functioning 125-metric-tonne-per-day mill, in a location that was an empty field only last September. We are looking forward to processing ore as quickly as possible."

Commissioning will take place over the next few weeks and will include the following steps:

  • Water will be run through the mill to check for leaks.
  • Each motor will be test run individually and sequentially.
  • Each piece of equipment will be test run individually and sequentially to confirm technical matters such as the alignment of gears, bearing temperatures and clearances.
  • The conveyors will be tracked for speed and consistency.
  • The crushers will be adjusted to proper settings as dictated by the conveyors.
  • The ball charge will then be put in the mill, meaning the steel balls will be inserted into the ball mill in anticipation of feedstock.
  • Once all the equipment is calibrated, the mill will again be wet run with water to insure pumps and piping are correct.
  • The installation of ancillary equipment as needed will follow.

Silver Bullet has contracted Sepro Mineral Systems Corp., the manufacturer of the Falcon Concentrators, to provide a start-up technical team to train Silver Bullet's experienced mill crew, to insure optimum efficiency of each piece of the mill and the mill overall. The third party electrical engineers will have at least one person on site during start-up as well.

When the overall mill has been confirmed to be operating properly, test feed material will be added. As previously disclosed, the company has stockpiled at the mill site some lower-grade ore from the Buckeye silver mine to serve as test feed. This will allow Silver Bullet to fine-tune the mill while minimizing the risk of losing valuable metals to tailings.

It is anticipated the entire commissioning process will take a few weeks, following which processing of the higher-grade material can begin.

Silver Bullet will provide further updates as it progresses through the commissioning process.

We seek Safe Harbor.

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