EPISODE · Aug 14, 2024 · 11 MIN
Silver Bullet Mines’ John Carter Provides Update on the “imminent” Production Plans at the Buckeye Mine in Arizona
from Investor.News · host Investor.News
In a recent interview with InvestorNews host Pat Bolland, John Carter, CEO and Director of Silver Bullet Mines Corp. (TSXV: SBMI | OTCQB: SBMCF), provided insights into the company’s near-term production plans and ongoing developments at its key mining projects. Carter discussed the progress at the Buckeye Mine in Arizona, where the company is finalizing compliance requirements under MSHA and making significant advancements toward reaching the high-grade mineralization zone. “We’re very close in the Buckeye to starting regular production,” Carter shared, highlighting that the mine’s infrastructure is nearly ready, with upgraded equipment and an enhanced milling circuit to handle the ore, which contains both silver and copper. Carter also delved into the history and potential of the Washington Mine in Idaho, which dates back to the late 1800s. He emphasized the property’s rich history and its significant silver and gold deposits, noting that despite past challenges, “We know it’s there.” The company is preparing to start a new adit approximately 80 feet from the known mineralized zone, aiming to access material that previously produced high-grade silver. In parallel, SBMI is considering third-party milling opportunities, a strategic move that could provide additional revenue streams. “It’s almost like gravy on roast beef,” Carter remarked, underscoring the potential profitability of processing ore from nearby sources. The company is also actively evaluating various milling setups to optimize recovery rates for different types of ore, ensuring the facility can efficiently handle a variety of inputs.
What this episode covers
In a recent interview with InvestorNews host Pat Bolland, John Carter, CEO and Director of Silver Bullet Mines Corp. (TSXV: SBMI | OTCQB: SBMCF), provided insights into the company’s near-term production plans and ongoing developments at its key mining projects. Carter discussed the progress at the Buckeye Mine in Arizona, where the company is finalizing compliance requirements under MSHA and making significant advancements toward reaching the high-grade mineralization zone. “We’re very close in the Buckeye to starting regular production,” Carter shared, highlighting that the mine’s infrastructure is nearly ready, with upgraded equipment and an enhanced milling circuit to handle the ore, which contains both silver and copper. Carter also delved into the history and potential of the Washington Mine in Idaho, which dates back to the late 1800s. He emphasized the property’s rich history and its significant silver and gold deposits, noting that despite past challenges, “We know it’s there.” The company is preparing to start a new adit approximately 80 feet from the known mineralized zone, aiming to access material that previously produced high-grade silver. In parallel, SBMI is considering third-party milling opportunities, a strategic move that could provide additional revenue streams. “It’s almost like gravy on roast beef,” Carter remarked, underscoring the potential profitability of processing ore from nearby sources. The company is also actively evaluating various milling setups to optimize recovery rates for different types of ore, ensuring the facility can efficiently handle a variety of inputs.
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Silver Bullet Mines’ John Carter Provides Update on the “imminent” Production Plans at the Buckeye Mine in Arizona
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