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 23:07:17 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Silver Bullet Mines Corp. has completed the first phase of development at the Washington Mine in Idaho, including advancing a main haulage tunnel and setting up underground drill stations. The company reported anomalous gold and silver grades in the host rock, with one sample returning 30.1 ppm gold.

Reasoning: The release reports anomalous gold and silver grades in host rock adjacent to a known vein, supported by professional QA/QC and QP sign-off.

Positive factors

  • High grade gold in host rock
  • QA/QC disclosed
  • QP signed

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 details on sample delivery to ALS and verification by a Qualified Person.

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.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The work described involves advancing tunnels and setting up stations to define geometry, which is characteristic of development/infill work.

Evidence · text

“Set up underground drill stations that will help further define the geometry of the mineralized zones”

Extracted facts

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

Drill Results (12)

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

Identity

Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
30.1
Grade Unit
ppm

Classification

Sample Type
surface
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: 30.1 ppm gold is highly anomalous for host rock.

Positive factors

  • High grade gold in host rock

Evidence · text

“one assay returning 30.1 ppm gold”

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

Fact 2Washington Mine · silverGrade: 14.9Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
14.9
Grade Unit
ppm

Classification

Sample Type
surface
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Silver grade accompanies high gold grade in host rock.

Evidence · table

“14.9 ppm silver”

Context: 30.1 ppm gold

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

Fact 3Washington Mine · goldGrade: 0.34Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
0.34
Grade Unit
ppm

Classification

Sample Type
surface
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low grade gold sample.

Evidence · table

“.34 ppm gold”

Context: 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

Fact 4Washington Mine · silverGrade: 56.7Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
56.7
Grade Unit
ppm

Classification

Sample Type
surface
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Silver grade accompanies low gold grade in host rock.

Evidence · table

“56.7 ppm silver”

Context: .34 ppm gold

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

Fact 5Washington Mine · goldGrade: 0.101Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
0.101
Grade Unit
ppm

Classification

Sample Type
surface
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low grade gold sample.

Evidence · table

“.101 ppm gold”

Context: 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

Fact 6Washington Mine · silverGrade: 33Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
33
Grade Unit
ppm

Classification

Sample Type
surface
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Silver grade accompanies low gold grade in host rock.

Evidence · table

“33.0 ppm silver”

Context: .101 ppm gold

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

Fact 7Washington Mine · goldGrade: 0.117Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
0.117
Grade Unit
ppm

Classification

Sample Type
surface
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low grade gold sample.

Evidence · table

“.117 ppm gold”

Context: 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

Fact 8Washington Mine · silverGrade: 35.7Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
35.7
Grade Unit
ppm

Classification

Sample Type
surface
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Silver grade accompanies low gold grade in host rock.

Evidence · table

“35.7 ppm silver”

Context: .117 ppm gold

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

Fact 9Washington Mine · goldGrade: 0.58Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
0.58
Grade Unit
ppm

Classification

Sample Type
surface
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low grade gold sample.

Evidence · table

“.58 ppm gold”

Context: 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

Fact 10Washington Mine · silverGrade: 97.3Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
97.3
Grade Unit
ppm

Classification

Sample Type
surface
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Silver grade accompanies low gold grade in host rock.

Evidence · table

“97.3 ppm silver”

Context: .58 ppm gold

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

Fact 11Washington Mine · goldGrade: 0.498Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
0.498
Grade Unit
ppm

Classification

Sample Type
surface
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low grade gold sample.

Evidence · table

“.498 ppm gold”

Context: 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

Fact 12Washington Mine · silverGrade: 7.5Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
7.5
Grade Unit
ppm

Classification

Sample Type
surface
Mining Method
underground

Location

Location
host rock
Loc. Source
document

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low grade silver sample.

Evidence · table

“7.5 ppm silver”

Context: .498 ppm gold

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.