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 11:15:38 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Silver Bullet Mines reports high-grade gold and silver assays from host rock samples at the Washington Mine in Idaho. The company has completed initial underground development and plans to commence mining and further underground drilling.

Reasoning: The release reports anomalous gold and silver grades in host rock adjacent to a known vein, supported by professional QA/QC and QP verification, though these are not formal drill intercepts.

Positive factors

  • high-grade gold in host rock
  • QA/QC disclosed
  • QP signed

Negative factors

  • surface/host rock samples only

Facts used in scoring: 12

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions ALS lab, hand-delivered samples, and QP review by Robert G. Komarechka, P.Geo.

Evidence · text

“reviewed and verified SBMI's work referred to herein, and is the Qualified Person for this release”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Robert G. Komarechka, P.Geo., is named as the Qualified Person.

Evidence · text

“Mr. Robert G. Komarechka, P.Geo., an independent consultant, has reviewed and verified SBMI's work”

Extracted facts

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

Drill Results (12)

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

Identity

Commodity
gold
Ticker
SBMI

Geometry

Grade
30.1
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
surface: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: 30.1 ppm gold is highly anomalous for host rock.

Positive factors

  • high grade for host rock

Negative factors

  • surface sample

Evidence · text

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

Identity

Commodity
silver
Ticker
SBMI

Geometry

Grade
14.9
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
surface: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 high gold grade in host rock.

Evidence · text

“1 - 30.1 ppm gold, 14.9 ppm silver”
Fact 3goldGrade: 0.34Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
gold
Ticker
SBMI

Geometry

Grade
0.34
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
surface: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: Low grade gold in host rock.

Evidence · text

“2 - .34 ppm gold”
Fact 4silverGrade: 56.7Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
silver
Ticker
SBMI

Geometry

Grade
56.7
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
surface: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 gold grade in host rock.

Evidence · text

“2 - .34 ppm gold, 56.7 ppm silver”
Fact 5goldGrade: 0.101Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
gold
Ticker
SBMI

Geometry

Grade
0.101
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
surface: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: Low grade gold in host rock.

Evidence · text

“4 - .101 ppm gold”
Fact 6silverGrade: 33Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
silver
Ticker
SBMI

Geometry

Grade
33
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
surface: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 gold grade in host rock.

Evidence · text

“4 - .101 ppm gold, 33.0 ppm silver”
Fact 7goldGrade: 0.117Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
gold
Ticker
SBMI

Geometry

Grade
0.117
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
surface: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: Low grade gold in host rock.

Evidence · text

“5 - .117 ppm gold”
Fact 8silverGrade: 35.7Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
silver
Ticker
SBMI

Geometry

Grade
35.7
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
surface: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 gold grade in host rock.

Evidence · text

“5 - .117 ppm gold, 35.7 ppm silver”
Fact 9goldGrade: 0.58Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
gold
Ticker
SBMI

Geometry

Grade
0.58
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
surface: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: Moderate gold grade in host rock.

Evidence · text

“3 - .58 ppm gold”
Fact 10silverGrade: 97.3Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
silver
Ticker
SBMI

Geometry

Grade
97.3
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
surface: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 gold grade in host rock.

Evidence · text

“3 - .58 ppm gold, 97.3 ppm silver”
Fact 11goldGrade: 0.498Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
gold
Ticker
SBMI

Geometry

Grade
0.498
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
surface: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: Moderate gold grade in host rock.

Evidence · text

“6 - .498 ppm gold”
Fact 12silverGrade: 7.5Grade Unit: ppmView all details
Link to this fact

Identity

Commodity
silver
Ticker
SBMI

Geometry

Grade
7.5
Grade Unit
ppm

Classification

Sample Type
surface
Group ID
surface: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: Low silver grade in host rock.

Evidence · text

“6 - .498 ppm gold, 7.5 ppm silver”

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.