Increased Concentrate Gold Grade At KT Mine

ONTARIO – Silver Bullet Mines Corp. reported on positive developments related to its KT Mine in Arizona. First, as it fine tunes the milling process for the KT material it has been able to substantially increase the concentrate grade. Visual inspections of the material on the shaker table show a distinct line of gold and lead/ silver in the concentrate. The grade of the latest high-grade concentrate from the KT Mine has increased to over 27 ounce per ton gold. Material from the latest run of concentrate has been sent to a third-party lab for multi-element analysis.

Second, significant visible gold (VG) has been discovered in the material from the latest blast at the mine. The Company has roughly 150 to 200 tons of this material at the mine site ready for shipment to its mill. 

The Company reasonably believes grades will increase further as it moves from surface material to underground vein material. Assays from underground work yielded a head grade of .8 oz/ton. In the short run to date the Company has processed roughly 125 tons of material being a blend of the existing waste material and new material extracted, resulting in over 2 tons of high-grade concentrate. With each run the Company intends to reduce the amount of existing waste material and increase the amount of newly-removed higher grade material as the Company evolves to full underground mining.