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Silver Bullet Mines shipped first gold and silver concentrate from Arizona mine, boosting capital and planning expansion.
Silver Bullet Mines Corp. announced on October 24, 2025, the successful shipment of its first commercial gold and silver concentrate from the KT Mine in Arizona, marking a key production milestone.
The shipment, picked up October 23, was sent to a client with payment pending final assay results, expected to align with invoiced amounts.
The company also completed the full conversion of its October 2024 convertible debentures, reducing debt, and exercised 3.08 million warrants at $0.16 per share, boosting working capital.
Management plans to increase mill processing through extended hours and future expansion with a flotation circuit.
Southern Silver Exploration Corp. held its annual meeting on October 23, approving the re-appointment of Smythe LLP as auditor and adopting a rolling stock option plan allowing up to 10% of shares for employee and director incentives.
Silver Bullet Mines envió el primer concentrado de oro y plata de la mina de Arizona, impulsando el capital y planificando la expansión.