• Silver Bullet Mines Corp. (SBMI) has assayed significant quantities of palladium and gold in the mineralized material from its Buckeye Silver Mine in Arizona
  • The gold and palladium were discovered after SBMI initially processed roughly 60 tons of Buckeye Mine material at its mill
  • Peter Clausi, VP of Capital Markets, sat down with Daniella Atkinson to discuss the news
  • Silver Bullet Mines is focused on the discovery and development of mineral deposits primarily in Arizona, with additional mineral properties in Idaho and Nevada
  • Shares of Silver Bullet Mines Corp. (SBMI) opened trading at C$0.185

Silver Bullet Mines (SBMI) has assayed significant quantities of palladium and gold in the mineralized material from its Buckeye Silver Mine in Arizona.

Peter Clausi, VP of Capital Markets, sat down with Daniella Atkinson to discuss the news.

These surprise discoveries are not factored into any of the company’s internal financial projections. This mineralized material was taken from a newly exposed section at the Buckeye.

Palladium is currently trading at roughly US$2,100 per ounce, and gold is currently trading at roughly US$1,650 per ounce.

The gold and palladium were discovered after SBMI initially processed roughly 60 tons of Buckeye Mine material at its mill.

Silver Bullet Mines is focused on the discovery and development of mineral deposits primarily in Arizona, with additional mineral properties in Idaho and Nevada.

Silver Bullet Mines Corp. (SBMI) opened trading at C$0.185.


More From The Market Online
Stock market chart up

@ the Bell: TSX joins upward movement among markets

Optimism spread across the globe's major markets Tuesday, including strong gains in the Toronto Stock Exchange.

Nickelex Resource to acquire Arlington Gold Property

Nickelex Resource (TSXV:NICK) acquires 100 per cent interest in nine claims within the Boundary District in south-central British Columbia.

Myriad Uranium secures mining lease at Copper Mountain

Myriad Uranium (CSE:M) has entered into a 20-year mining lease with Diamond X Ranch for the Copper Mountain Uranium Project.
Negotiating in a meeting room

Sitka Gold to acquire 100% ownership of Barney Ridge

Sitka Gold (TSXV:SIG) agrees to acquire a 100 per cent interest in the Barney Ridge Property in the Yukon.