direct shipping ore

Watch our PDAC 2026 interview with Peter Clausi of Silver Bullet Mines (TSXV: SBMI). The discussion focuses on active production at the King Tut and Super Champ mines in Arizona, supported by a company-owned mill. Clausi outlines the dual revenue approach, combining concentrate sales and direct shipping ore, and explains how high-grade material supports margins. The interview also touches on recent acquisitions and upcoming work at the Washington Mine in Idaho. The conversation provides a direct look at how Silver Bullet Mines is moving from development toward steady operations. [more]

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]