High Grade Silver Assays Continue At Super Champ

BURLINGTON, ON - Silver Bullet Mines Corp. (SBMI)continues to assay high grade silver from the Super Champ in Arizona. SBMI reported assay results from the Super Champ, including five assays returning over 1000 oz/ton silver, with gold visible in the mill concentrates. To ensure best practices are being followed, the Company contracted two structural geologists to advise on sampling the vein to provide the most accurate data of the vein's average grade. Both geologists have advised SBMI is following best practices in its continuous sampling and channeling.

The Super Champ vein pinches and swells between five and eight feet in width at surface. SBMI has assayed over 100 samples from the exposed vein and immediate area at the Super Champ, and each sample has contained silver. Chip and grab samples have assayed as high as 508.8 oz/ton silver, and channel samples across the vein assayed 76, 78 and 79 oz/ton. A sample from a parallel narrow vein assayed 178 oz/ton.

These results coupled with the other high grade assays give the Company a high level of confidence that the Super Champ could be a significant asset and provide a great deal of high grade material to SBMI's mill. The photo below is an example of the size of massive chunks of what appears to be high grade mineralization the Company is encountering as it further exposes the vein.

The Company has exposed the vein at surface by over 1000 feet and reasonably believes the vein continues both along strike and at depth. Further evidence of past mining has been uncovered, including old timbers that possibly supported historic underground workings and adits. In light of width, length, and grade of the vein, SBMI has staked and filed additional claims along strike and width to cover a large area of probable mineralization.

Like any responsible producer, SBMI maintains its own assay lab at its mill site in Globe, Arizona. SBMI carries out a continuous assaying program at this assay facility and occasionally sends check assays to a third party accredited lab for confirmation. Thus far assays from SBMI's lab and the third party lab have been comparable, with all the third party assays being higher in grade.

SBMI announced that as a result of data gathered during the sample runs carried out in September and October, SBMI was making minor modifications to its 100%-owned mill to improve efficiencies. The data showed the Super Champ material has metallurgical characteristics different from the Buckeye Mine material, which differences required those minor changes. All necessary changes have been made at the mill, allowing more efficient milling of the Super Champ material to commence. The plan is to begin by processing 50 tons of Super Champ material per day and to increase that daily amount over the coming weeks.