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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/correction-from-source-silver-bullet-mines-assays-30-1-ppm-gold-at-the-washingto--1939bc24-a3b7-4104-aee7-0defc5742db9

Original source: https://money.tmx.com/en/quote/SBMI/news/7019061942418214/correction-from-source-silver-bullet-mines-assays-30-1-ppm-gold-at-the-washingto

Publisher: tmx

Original announcement: 2025-05-01T19:35:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: high-grade gold assay in host rock

- Positive factor: QA/QC disclosed

- Positive factor: QP sign-off

- Negative factor: samples are from host rock/veinlets rather than a defined drill intercept

Facts used in scoring: 12

## Classification and evidence

No classification tags are available.

## Extracted facts

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

## Drill Results (12)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-from-source-silver-bullet-mines-assays-30-1-ppm-gold-at-the-washingto--1939bc24-a3b7-4104-aee7-0defc5742db9#fact-drill-facts-0)

Washington Mine · gold

#### 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 factor: exceptional gold grade for host rock

Evidence · text

> one assay returning 30.1 ppm gold

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-from-source-silver-bullet-mines-assays-30-1-ppm-gold-at-the-washingto--1939bc24-a3b7-4104-aee7-0defc5742db9#fact-drill-facts-1)

Washington Mine · silver

#### 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 3

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-from-source-silver-bullet-mines-assays-30-1-ppm-gold-at-the-washingto--1939bc24-a3b7-4104-aee7-0defc5742db9#fact-drill-facts-2)

Washington Mine · gold

#### 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 4

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-from-source-silver-bullet-mines-assays-30-1-ppm-gold-at-the-washingto--1939bc24-a3b7-4104-aee7-0defc5742db9#fact-drill-facts-3)

Washington Mine · silver

#### 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 5

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-from-source-silver-bullet-mines-assays-30-1-ppm-gold-at-the-washingto--1939bc24-a3b7-4104-aee7-0defc5742db9#fact-drill-facts-4)

Washington Mine · gold

#### 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 6

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-from-source-silver-bullet-mines-assays-30-1-ppm-gold-at-the-washingto--1939bc24-a3b7-4104-aee7-0defc5742db9#fact-drill-facts-5)

Washington Mine · silver

#### 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 7

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-from-source-silver-bullet-mines-assays-30-1-ppm-gold-at-the-washingto--1939bc24-a3b7-4104-aee7-0defc5742db9#fact-drill-facts-6)

Washington Mine · gold

#### 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 8

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-from-source-silver-bullet-mines-assays-30-1-ppm-gold-at-the-washingto--1939bc24-a3b7-4104-aee7-0defc5742db9#fact-drill-facts-7)

Washington Mine · silver

#### 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 9

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-from-source-silver-bullet-mines-assays-30-1-ppm-gold-at-the-washingto--1939bc24-a3b7-4104-aee7-0defc5742db9#fact-drill-facts-8)

Washington Mine · gold

#### 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 10

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-from-source-silver-bullet-mines-assays-30-1-ppm-gold-at-the-washingto--1939bc24-a3b7-4104-aee7-0defc5742db9#fact-drill-facts-9)

Washington Mine · silver

#### 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 11

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-from-source-silver-bullet-mines-assays-30-1-ppm-gold-at-the-washingto--1939bc24-a3b7-4104-aee7-0defc5742db9#fact-drill-facts-10)

Washington Mine · gold

#### 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 12

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-from-source-silver-bullet-mines-assays-30-1-ppm-gold-at-the-washingto--1939bc24-a3b7-4104-aee7-0defc5742db9#fact-drill-facts-11)

Washington Mine · silver

#### 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.
