copper mining Archives

2026-02-26 eResearch - SBMI - Update Report

NEW UPDATE REPORT – Dual Revenue Model and Expanding Cash Flow Support Higher Valuation for Silver Bullet Mines

February 26, 2026 Chris Thompson

We have published a new Update Report on Silver Bullet Mines Corp. (TSXV: SBMI | OTC: SBMCF). The Company is advancing a dual revenue model combining mill concentrate operations in Arizona with a direct ship ore agreement also covering its Arizona assets, and Idaho upside with a planned bulk sample. Based on projected sustainable run-rate cash flow and a discounted 7.0x multiple relative to peers, we are maintaining our Speculative Buy rating and increasing our one-year target price to $0.70. The valuation reflects early-stage but improving operational momentum while acknowledging execution, liquidity, and grade sustainability risks. The report provides detailed financial analysis, valuation methodology, and discussion of key operational catalysts. [more]

2025-12-12 PDAC 2026 - Mining and Technology_fi

PDAC 2026 Technical Sessions on AI and Geophysics for Exploration

December 12, 2025 Chris Thompson

PDAC 2026 Technical Sessions outline how artificial intelligence and advanced geophysics are being applied in mineral exploration. The program includes an AI session covering computer vision, machine learning for structural modeling, and implementation considerations for large language models. Two geophysics sessions focus on integrated exploration case histories and newer methods, including magnetotellurics, inversion workflows, airborne geophysics analytics, and muon tomography. Regional technical sessions add examples from Latin America and brownfield exploration. Across the agenda, presentations emphasize multi-dataset interpretation, risk reduction, and operational constraints. The sessions collectively frame technology adoption as workflow-driven and incremental. This article summarizes sessions and key themes. [more]

2025-12-09 eResearch - SBMI - Update Report_fi

NEW UPDATE REPORT – Transition to Multi-Asset Producer Supports Higher Valuation for Silver Bullet Mines

December 9, 2025 Chris Thompson

We have written a 23-page Update Report on Silver Bullet Mines Corp. (“SBMI” or “the Company”) (TSXV: SBMI | OTC: SBMCF), a Canadian-based precious metals exploration and development company operating in Arizona and Idaho. The company has transitioned from development to commercial production, completing its first concentrate sales in 2025 from the King Tut gold mine and Super Champ silver mine. With three active projects and a fully operational mill in Globe, Arizona, SBMI is advancing toward multi-asset production. We maintained a Speculative Buy rating but increased our one-year price target to $0.40, based on forward cash flow estimates from the company’s three active mining operations. [more]

NEW UPDATE REPORT – Strategic Financing Fuels Silver Bullet Mines High-Grade Silver Mine Development in Arizona and Idaho

December 31, 2024 Chris Thompson

We have written a 10-page Update Report on Silver Bullet Mines Corp. (“SBMI” or “the Company”) (TSXV: SBMI | OTC: SBMCF). The Company continues advancing its high-grade silver projects in Arizona and Idaho. Recent updates include strategic financing initiatives, ongoing Super Champ development, and underground progress at the Washington Mine. SBMI is focused on leveraging operational improvements and targeted exploration to generate near-term revenue while resolving safety issues at the Buckeye Mine. The Company expects revenue from Super Champ in early 2025, supported by optimized milling at its Globe, Arizona, facility. It recently announced a $1.5M private placement to fund these efforts, emphasizing SBMI’s commitment to unlocking value across its portfolio. We maintained a Speculative Buy rating on SBMI and a one-year Price Target to $0.20. [more]

NEW UPDATE REPORT – Silver Bullet Mines Battles Challenges to Forge Ahead at the Buckeye Silver Mine & Washington Mine

November 8, 2024 Chris Thompson

We have written a 46-page Update Report on Silver Bullet Mines Corp. (“SBMI” or “the Company”) (TSXV: SBMI | OTC: SBMCF). SBMI is focused on silver and copper production across its key assets, the Buckeye Silver Mine in Arizona and the Washington Mine in Idaho. SBMI aims to generate revenue from processing third-party mineralized material while awaiting the Buckeye Mine’s regulatory safety approvals. Recent financing strengthens its cash position while awaiting production resumption at the Buckeye Mine and progress at the Washington Mine. SBMI’s future growth is supported by district-scale exploration on its Arizona property, management expertise, and favorable jurisdictions. We maintained a Speculative Buy rating on SBMI, but reduced the one-year Price Target to $0.20 and introduced a two-year Price Target of $0.35. [more]