Mr. John Carter reports

SILVER BULLET MINES PROVIDES UPDATE AT SUPER CHAMP IN ARIZONA AND ASSAYS UP TO 405.4 OZ / T SILVER

Silver Bullet Mines Corp. has provided an update on the extraordinary and fast progress at the Super Champ mine in Arizona.

"Through a combination of hard work and the efforts of the Arizona mining team, the Super Champ is quickly demonstrating the potential to be a significant cost-effective gold/silver producer," said John Carter, the company's chief executive officer. "Events are unfolding rapidly as we blast into the surface material, delineate the vein over 1,500 feet and clear most of the overburden. It is incredible that we are driving a development adit already when we only began work in earnest here in November, 2024."

The company has taken samples from the vein, the highest of which assayed 405.4 ounces per ton silver. All samples returned silver.

Based on these strong assay values and on the science of secondary enrichment, the company reasonably believes the silver grades will increase at depth. To access the mineralization at depth, the company is driving a development adit from surface into the vein to extract mineralized material along strike and at depth.

The vein is roughly 70 feet from the adit opening. Silver Bullet is currently installing timber at the opening and will rock bolt as the drift advances. To date, the adit has been advanced over 25 feet. Accessing the mineralization at depth will provide unoxidized mineralized material for feed to Silver Bullet's 100-per-cent-owned mill located in Globe, Ariz. The company has all the equipment needed to complete the advance without further capital expenditures.

At the mill, material continues to be shipped in from Super Champ and is being processed daily at a rate of seven tons per hour. The company can efficiently maintain this rate and is developing a plan to extend the hours of daily processing.

On Feb. 27, 2025, Silver Bullet announced the first sale of concentrates from Super Champ material. The client who effected that purchase has advised it is testing the concentrate and processing it to extract the gold and silver in it. The company expects further updates from this client in the near term as to the precise contents of the sold concentrate. Silver Bullet is ready to make the next shipment to the client at its request. Samples of the concentrate have been sent to other potential clients as well.

The company continues to evaluate methods to increase efficiencies at the mill and identify other ways to enhance shareholder value.

Quality assurance/quality control

In accordance with best practices, Silver Bullet will on a regular basis send check assays to a third party accredited lab for verification of grade and for multielement analysis. Readers are cautioned samples out of the vein are random by nature and may not be representative of the Super Champ as a whole.

All samples were analyzed by Silver Bullet at its facility near Globe, Ariz. They were processed through the lab jaw crusher, lab hammer mill and splitter box into an aliquot. Most of the pulverized aliquot was mixed with a flux and flour combination and melted in a crucible at 1,850 F, with the rest being logged and archived. Upon cooling, the poured melt was in the form of a metal button and slag, following which a bone ash cupel was utilized to eliminate the lead in the button to form a bead. The bead was then weighed, following which a solution of six to one distilled water to nitric acid was utilized to dissolve the silver in the bead at approximately 175 F.

Robert G. Komarechka, PGeo, an independent consultant, has reviewed and verified Silver Bullet's work referred to herein, and is the qualified person for this release.

We seek Safe Harbor.