Silver Bullet Mines Reports Gold Mineralization at Arizona Complex
MT newswire2026/10/08 21:0805:08 PM EDT, 10/08/2026 (MT Newswires) -- Silver Bullet Mines (SBMI.V) after trade Thursday reported assay results from its Columbia/Gold Queen Complex in Arizona. The complex includes the past-producing Columbia, Gold Queen and Steamboat mines, along with several newly identified potential high-grade gold zones and stockpiles, the company said. At the recently rediscovered Steamboat Mine, three of the highest-grade samples returned 2.7 to 3.5 grams per tonne of gold, along with silver, copper and zinc, the company said, adding the other five samples were anomalous for gold, silver and copper. The company also noted that the samples were random and may not be representative of the broader area. "These results are guiding the company towards production of higher-grade saleable concentrate from its mill in Globe, Arizona," it added. Shares of Silver Bullet Mines closed down 11.5% at CA$0.12 on the TSX Venture Exchange.
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