High-Grade Gold And PGMs Continuing To Be Assayed At Buckeye Silver Mine

ONTARIO - Silver Bullet Mines Corp. (SBMI) has found significant levels of palladium, platinum, rhodium, osmium and gold in its concentrate. To help identify with greater precision the location of the source of the platinum, palladium, rhodium, osmium and gold, SBMI recently took samples directly from locations around the Buckeye Silver Mine and the mill site, including from crushed material, directly from the vein, from diabase samples from the wall rock and from tailings from the run of lower grade material.

Samples from all locations were taken to be as representative of the local mineralized material as possible. Samples taken from the crushed ore are by their nature representative of the source mineralized material.

The Company believes this round of results provides further strong evidence for the conclusion that the Buckeye Silver Mine may host economic amounts of platinum, rhodium, palladium, osmium and gold, in addition to the original silver targets. Management has engaged third party engineers, metallurgists and geologists to assist in creating a new process flow sheet and in determining the nature of the mineralized material at the Buckeye Silver Mine. Without effecting selective disclosure, management has also had positive preliminary discussions with potential financiers, pending the delivery of the flow sheet and a rough budget.