Silver Bullet Mines Increases Concentrate Gold Grade to 27 oz/ton from KT Mine, Arizona and Sees Visible Gold at KT Mine, Arizona
Original announcement by tmx on
- Company
- Silver Bullet Mines Corp.
- Ticker
- SBMI
- Exchange
- TSX
- Region
- Arizona
- Primary commodity
- Gold
- Secondary commodities
- Silver, Lead, Copper, Zinc
- Document categories
- Metallurgy, Drill results
- Extracted
- 2026-09-14 23:05:17 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Silver Bullet Mines reports a significant increase in gold concentrate grade to over 27 oz/ton at the KT Mine in Arizona. The company also noted the discovery of visible gold in recent blasted material and is transitioning toward underground vein mining.
Reasoning: The company reports a substantial increase in concentrate grade and the discovery of visible gold, which are strong indicators of high-grade potential, though the concentrate assays are currently in-house.
Positive factors
- Significant increase in concentrate gold grade to 27 oz/ton
- Discovery of visible gold in recent blast material
- Transitioning from surface to higher-grade underground vein material
- QA/QC oversight by a P.Geo
Negative factors
- Concentrate grades are based on in-house assaying rather than third-party lab results
- Visible gold discovery is qualitative and requires assay verification
Facts used in scoring: 2
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: The release names a Qualified Person (P.Geo) and describes the in-house assaying process.
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.”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Concentrate grade of 27 oz/ton is exceptionally high.
Evidence · text
“grade of the latest high-grade concentrate from the KT Mine has increased to over 27 ounce per ton gold”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: the document describes a flotation route ("concentrate")
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (1)
Fact 1KT Mine · goldGrade: 0.8Grade Unit: oz/tonNeeds review: drill_no_hole_idView all detailsHide details
Identity
- Project
- KT Mine
- Commodity
- gold
- Region
- usa_az
- Reported Region
- usa_az
- Ticker
- SBMI
Geometry
- Grade
- 0.8
- Grade Unit
- oz/ton
Classification
- Sample Type
- drill
QA/QC
- Laboratory
- SBMI in-house facility
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Deleterious
- Deleterious Flag
- No
Review
- Needs Review
- Yes
- Review Reason
- drill_no_hole_id
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-10-01T00:00:00.000Z
Reasoning: 0.8 oz/ton is a very high head grade for gold mining.
Positive factors
- High head grade for underground work
Evidence · text
“head grade of .8 oz/ton 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
Metallurgical Results (1)
Fact 1KT Mine · goldView all detailsHide details
Identity
- Project
- KT Mine
- Commodity
- gold
- Region
- usa_az
- Reported Region
- Arizona
- Ticker
- SBMI
Lab
- Laboratory
- SBMI in-house facility
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-01T00:00:00.000Z
Reasoning: Concentrate grade of 27 oz/ton is extremely high for gold processing.
Positive factors
- Exceptionally high concentrate grade
Negative factors
- In-house assaying used for this specific value
Evidence · text
“grade of the latest high-grade concentrate from the KT Mine has increased to over 27 ounce per ton gold”
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.