CORRECTION FROM SOURCE: Silver Bullet Mines Assays 30.1 ppm Gold at the Washington Mine in Idaho

Original announcement by tmx on

Company
Silver Bullet Mines Corp.
Ticker
SBMI
Exchange
TSX
Region
Idaho
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Other
Extracted
2026-08-22 11:17:29 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Silver Bullet Mines Corp. reported high-grade gold and silver veinlet assays from the Washington Mine in Idaho, including a 30.1 ppm gold result. The company has completed initial development of a main haulage tunnel and is preparing for underground drilling.

Reasoning: The release reports significant gold (30.1 ppm) and silver anomalous values in host rock samples, supported by ALS lab assays and QP verification, though these are surface/veinlet samples rather than formal drill intercepts.

Positive factors

  • high-grade gold assay in host rock
  • QA/QC disclosed
  • QP sign-off

Negative factors

  • samples are from host rock/veinlets rather than a defined drill intercept

Facts used in scoring: 12

Atlas analysis — Silver Bullet Mines Corp.: CORRECTION FROM SOURCE: Silver Bullet Mines Assays 30.1 ppm Gold at the Washington Mine in Idaho

Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

Drill Results (12)

Fact 1Washington Mine · goldGrade: 30.1Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
30.1
Grade Unit
ppm

Classification

Sample Type
surface

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: 30.1 ppm gold is highly anomalous for host rock.

Positive factors

  • exceptional gold grade for host rock

Evidence · text

“one assay returning 30.1 ppm gold”
Fact 2Washington Mine · silverGrade: 14.9Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
14.9
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
null:1-1

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Silver grade accompanies the high-grade gold assay.

Evidence · text

“30.1 ppm gold, 14.9 ppm silver”
Fact 3Washington Mine · goldGrade: 0.34Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
0.34
Grade Unit
ppm

Classification

Sample Type
surface

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Low grade gold assay.

Evidence · table

“.34 ppm gold”

Context: 56.7 ppm silver

Fact 4Washington Mine · silverGrade: 56.7Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
56.7
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
null:2-2

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Silver grade accompanies the low-grade gold assay.

Evidence · table

“56.7 ppm silver”

Context: .34 ppm gold

Fact 5Washington Mine · goldGrade: 0.101Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
0.101
Grade Unit
ppm

Classification

Sample Type
surface

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Low grade gold assay.

Evidence · table

“.101 ppm gold”

Context: 33.0 ppm silver

Fact 6Washington Mine · silverGrade: 33Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
33
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
null:4-4

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Silver grade accompanies the low-grade gold assay.

Evidence · table

“33.0 ppm silver”

Context: .101 ppm gold

Fact 7Washington Mine · goldGrade: 0.117Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
0.117
Grade Unit
ppm

Classification

Sample Type
surface

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Low grade gold assay.

Evidence · table

“.117 ppm gold”

Context: 35.7 ppm silver

Fact 8Washington Mine · silverGrade: 35.7Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
35.7
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
null:5-5

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Silver grade accompanies the low-grade gold assay.

Evidence · table

“35.7 ppm silver”

Context: .117 ppm gold

Fact 9Washington Mine · goldGrade: 0.58Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
0.58
Grade Unit
ppm

Classification

Sample Type
surface

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Low grade gold assay.

Evidence · table

“.58 ppm gold”

Context: 97.3 ppm silver

Fact 10Washington Mine · silverGrade: 97.3Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
97.3
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
null:3-3

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Silver grade accompanies the low-grade gold assay.

Evidence · table

“97.3 ppm silver”

Context: .58 ppm gold

Fact 11Washington Mine · goldGrade: 0.498Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
gold
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
0.498
Grade Unit
ppm

Classification

Sample Type
surface

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Low grade gold assay.

Evidence · table

“.498 ppm gold”

Context: 7.5 ppm silver

Fact 12Washington Mine · silverGrade: 7.5Grade Unit: ppmView all details
Link to this fact

Identity

Project
Washington Mine
Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
7.5
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
null:6-6

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-05-01T00:00:00.000Z

Reasoning: Silver grade accompanies the low-grade gold assay.

Evidence · table

“7.5 ppm silver”

Context: .498 ppm 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.