Mr. John Carter reports

SILVER BULLET MINES ADVANCES MINING IN IDAHO AND CLOSES FINANCING

Silver Bullet Mines Corp. has located the historical opening to the Subrosa mineralized zone in the Washington mine, Idaho, in roughly the location as described in the Stoker report. The field team has also located historical timbers and rails which would have supported the property while in production. Silver Bullet's data and observations continue to be consistent with the contents of the Stoker report.

The property first saw production in the late 1800s with an average gold grade of one ounce per ton. It again produced in the 1930s during which the then-owner lacked the process capability needed to produce silver, so a decision was then made to block out the silver mineralization with the intention of returning at a future date to process the silver. To the best of Silver Bullet's knowledge, that never happened. The Stoker report included an estimate for the Subrosa mineralized zone of three million ounces of silver with a grade of 30 to 90 ounces per ton and 15,000 ounces of gold at 0.3 ounce per ton.

The references to data and observations derived from work not carried out by Silver Bullet is of historical nature only and cannot be relied upon at this time. Silver Bullet does not know the methods by which such work was carried out, or whether all or part of it was under the supervision of a qualified person, as that term is defined in National Instrument 43-101. Silver Bullet refers to such data and observations to inform its knowledge of the area and to support its thesis for exploration.

Discovering the historical opening to the Subrosa mineralized zone advances Silver Bullet's mining efforts, further proves up the Stoker report and brings a production date closer.

Next steps at the property are to ensure the Subrosa mineralized zone is safe to access.

The company also announces it has closed on a financing totalling $858,899, which represents 4,771,660 units at a purchase price of 18 cents per unit (a substantial premium to the current market). Each unit consists of one common share and one non-transferable common share purchase warrant exercisable at 22 cents for a three-year term. The units will be subject to a four-month hold period. Finders' fees of 80,160 broker warrants priced at 22 cents and $15,779 in cash were paid.

Each participant in this financing is an existing shareholder in the company and sees this as a key opportunity to accelerate Silver Bullet's growth. The company believes this type of investment provides stable long-term support for Silver Bullet and its capital structure.

The use of proceeds from this financing will finance working capital, increase capacity in both Arizona and Idaho, and provide a buffer to offset some of the potential but unpredictable increased costs related to the current tariff situation.

Silver Bullet also advises that the holder of the convertible promissory note has elected to convert the balance of the note outstanding to equity, eliminating that debt from the company's balance sheet. The note holder also elected to be paid related interest in common shares of the company.

Silver Bullet is still working on final agreements with numerous potential buyers of concentrate from mineralized material taken from the Super Champ mine in Arizona. This material will be processed at Silver Bullet's own mill in Globe, Ariz. After completing agreements with various buyers, Silver Bullet will be able to prioritize processing of Super Champ material.

We seek Safe Harbor.