CORRECTION FROM SOURCE: Silver Bullet Mines Assays 30.1 ppm Gold at the Washington Mine in Idaho

Original announcement by tmx on

Company
Silver Bullet Mines Corp.
Ticker
SBMI
Exchange
TSX
Region
Idaho
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Other
Extracted
2026-09-14 23:07:51 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Silver Bullet Mines Corp. reported high-grade gold and silver assays from host rock at the Washington Mine in Idaho, including a 30.1 ppm gold intercept. The company has successfully completed the first phase of underground development, including a main haulage tunnel and new drill stations.

Reasoning: The release reports significant gold/silver grades in the host rock adjacent to the Washington vein, supported by professional QA/QC and underground development progress.

Positive factors

  • High-grade gold assay in host rock
  • QA/QC disclosed with QP sign-off
  • Successful underground development

Negative factors

  • Assays are from host rock rather than the main vein

Facts used in scoring: 12

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes QA/QC disclosure including ALS lab and QP sign-off by Robert G. Komarechka, P.Geo.

Evidence · text

“Mr. Robert G. Komarechka, P.Geo., an independent consultant, has reviewed and verified SBMI's work referred to herein, and is the Qualified Person for this release.”

Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

Drill Results (12)

1Washington Mine · goldGrade: 30.1Grade Unit: ppmView all details
Link to this fact

Identity

Hole ID
1
Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
SBMI

Geometry

Grade
30.1
Grade Unit
ppm

Classification

Sample Type
drill
Group ID
1:0-0
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: 30.1 ppm gold is a significant grade for host rock material.

Positive factors

  • High grade for host rock

Evidence · table

“30.1 ppm gold”

Context: 1 - 30.1 ppm gold, 14.9 ppm silver

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

1Washington Mine · silverGrade: 14.9Grade Unit: ppmView all details
Link to this fact

Identity

Hole ID
1
Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
SBMI

Geometry

Grade
14.9
Grade Unit
ppm

Classification

Sample Type
drill
Group ID
1:0-0
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Silver grade accompanies the high-grade gold intercept.

Evidence · table

“14.9 ppm silver”

Context: 1 - 30.1 ppm gold, 14.9 ppm silver

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

2Washington Mine · goldGrade: 0.34Grade Unit: ppmView all details
Link to this fact

Identity

Hole ID
2
Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
SBMI

Geometry

Grade
0.34
Grade Unit
ppm

Classification

Sample Type
drill
Group ID
2:0-0
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Low grade gold intercept.

Evidence · table

“.34 ppm gold”

Context: 2 - .34 ppm gold, 56.7 ppm silver

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

2Washington Mine · silverGrade: 56.7Grade Unit: ppmView all details
Link to this fact

Identity

Hole ID
2
Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
SBMI

Geometry

Grade
56.7
Grade Unit
ppm

Classification

Sample Type
drill
Group ID
2:0-0
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Silver grade accompanies the low-grade gold intercept.

Evidence · table

“56.7 ppm silver”

Context: 2 - .34 ppm gold, 56.7 ppm silver

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

3Washington Mine · goldGrade: 0.58Grade Unit: ppmView all details
Link to this fact

Identity

Hole ID
3
Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
SBMI

Geometry

Grade
0.58
Grade Unit
ppm

Classification

Sample Type
drill
Group ID
3:0-0
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Low grade gold intercept.

Evidence · table

“.58 ppm gold”

Context: 3 - .58 ppm gold, 97.3 ppm silver

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

3Washington Mine · silverGrade: 97.3Grade Unit: ppmView all details
Link to this fact

Identity

Hole ID
3
Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
SBMI

Geometry

Grade
97.3
Grade Unit
ppm

Classification

Sample Type
drill
Group ID
3:0-0
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Silver grade accompanies the low-grade gold intercept.

Evidence · table

“97.3 ppm silver”

Context: 3 - .58 ppm gold, 97.3 ppm silver

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

4Washington Mine · goldGrade: 0.101Grade Unit: ppmView all details
Link to this fact

Identity

Hole ID
4
Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
SBMI

Geometry

Grade
0.101
Grade Unit
ppm

Classification

Sample Type
drill
Group ID
4:0-0
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Very low grade gold intercept.

Evidence · table

“.101 ppm gold”

Context: 4 - .101 ppm gold, 33.0 ppm silver

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

4Washington Mine · silverGrade: 33Grade Unit: ppmView all details
Link to this fact

Identity

Hole ID
4
Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
SBMI

Geometry

Grade
33
Grade Unit
ppm

Classification

Sample Type
drill
Group ID
4:0-0
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Silver grade accompanies the very low-grade gold intercept.

Evidence · table

“33.0 ppm silver”

Context: 4 - .101 ppm gold, 33.0 ppm silver

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

5Washington Mine · goldGrade: 0.117Grade Unit: ppmView all details
Link to this fact

Identity

Hole ID
5
Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
SBMI

Geometry

Grade
0.117
Grade Unit
ppm

Classification

Sample Type
drill
Group ID
5:0-0
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Very low grade gold intercept.

Evidence · table

“.117 ppm gold”

Context: 5 - .117 ppm gold, 35.7 ppm silver

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

5Washington Mine · silverGrade: 35.7Grade Unit: ppmView all details
Link to this fact

Identity

Hole ID
5
Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
SBMI

Geometry

Grade
35.7
Grade Unit
ppm

Classification

Sample Type
drill
Group ID
5:0-0
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Silver grade accompanies the very low-grade gold intercept.

Evidence · table

“35.7 ppm silver”

Context: 5 - .117 ppm gold, 35.7 ppm silver

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

6Washington Mine · goldGrade: 0.498Grade Unit: ppmView all details
Link to this fact

Identity

Hole ID
6
Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
usa_id
Ticker
SBMI

Geometry

Grade
0.498
Grade Unit
ppm

Classification

Sample Type
drill
Group ID
6:0-0
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Low grade gold intercept.

Evidence · table

“.498 ppm gold”

Context: 6 - .498 ppm gold, 7.5 ppm silver

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

6Washington Mine · silverGrade: 7.5Grade Unit: ppmView all details
Link to this fact

Identity

Hole ID
6
Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
usa_id
Ticker
SBMI

Geometry

Grade
7.5
Grade Unit
ppm

Classification

Sample Type
drill
Group ID
6:0-0
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Low silver grade intercept.

Evidence · table

“7.5 ppm silver”

Context: 6 - .498 ppm gold, 7.5 ppm silver

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.