Mr. John Carter reports

SILVER BULLET MINES INCREASES CONCENTRATE GRADE TO 530 OZ/TON SILVER IN LATEST PRODUCTION RUN IN ARIZONA

Silver Bullet Mines Corp. has been able to increase the concentrate grade of the Super Champ material to 530 ounces per ton silver. This is an approximate 12-per-cent increase over the previous production run high. The company has been able to achieve this significant increase through a combination of improved mill efficiencies and higher head grade.

As the vein is further exposed and access to the unoxidized material is achieved, Silver Bullet's assays show the head grade continues to increase. Readers are cautioned Silver Bullet cannot yet determine whether these increases in head grade will continue or for how long.

As previously announced, Silver Bullet is driving an adit perpendicular to the Super Champ vein, which, upon contact with the vein, will allow for development in two directions. This should enable increased tonnage of higher-grade material to the mill and should lower production risk.

The company announced on Feb. 21, 2025, it had made its first sale of concentrate from Super Champ material to a client. The buyer has advised it has completed testing and processing of the concentrate at its own facilities. The buyer has advised and the company has no reason to doubt the buyer was able to recover a high percentage of silver and a significant amount of gold from the concentrate. Silver Bullet is not releasing the data provided to it from the buyer as Silver Bullet has no knowledge of the quality assurance/quality control processes related to the buyer's processing of the Super Champ material. The buyer has advised it is very pleased with the results and will provide a final report shortly.

The company has issued 1,071,429 common shares at 14 cents per share pursuant to a securities-for-services agreement. The hold period for the securities issued pursuant to the agreement expires July 20, 2025.

QA/QC

All samples above 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. A much more detailed description of the process and a picture of the assay lab can be found at the company's website.

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.