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Major Acquisition Of Two Past Producing Mines In Arizona
BURLINGTON – Silver Bullet Mines Corp. (SBMI) has added two more past producing mines in Arizona. These acquisitions are further validation of the Company’s hub and spoke business model, with the Company’s mill being the hub. These two acquisitions are two additional spokes, providing for possible near-term production, future development, and possibly for historical resources that might be advanced to NI43-101 standards.
These two new acquisitions are the Columbia Mine and the Gold Queen Mine. These past producing mines are contiguous to each other and are located in Gila County, Arizona, less than 30 miles from SBMI’s mill in Globe, Arizona. These two properties together consist of twelve BLM mineral claims previously held by Phelps Dodge Corporation, and host multiple past producing copper, gold and silver mines. The Company expects to disclose technical data concerning these two mines in the near future.
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