Silver Bullet Mines Corp. Updates its Acquisition of Mining Equipment

• On 9 Apr 2026 SBMI announced the purchase of a portable crushing plant (up to 50 t/hr) for its newly‑acquired Columbia Mine in Arizona.
• Commissioning is expected within ~5 months after logistics are finalised.
• Parallel infrastructure upgrades (new access road, power supply) are being built at Columbia.
• A second crusher is under evaluation for the Washington Mine (Idaho).
• Additional equipment will be added to the modular mill in Globe, AZ to raise throughput; financing is being pursued via non‑equity sources (terms not disclosed).

Aspect	Expectation vs. Reality	Impact
Capital expenditure	Expected as part of the hub‑and‑spoke expansion announced earlier in 2026 (e.g., acquisition of Columbia & Gold Queen mines)	Routine – Positive: confirms execution of previously signalled growth plan, no surprise element.
Production capacity	The plant adds ~1 200 t/day potential (50 t/hr × ≈ 24 h) which aligns with the earlier target of 100 t/day for Ocean Partners.	Routine – Positive: incremental lift; does not materially change revenue outlook yet because the plant is still months from commissioning.
Financing	Company said it will seek “non‑equity financing” but gave no terms. No immediate dilution or debt increase disclosed.	Neutral to Positive: low‑risk funding path, but lack of detail leaves some uncertainty.
Market perception	The news was not pre‑priced; analysts had already anticipated equipment spend after the Columbia acquisition (Feb 2026).	Routine – market likely views it as an expected step rather than a catalyst.

Overall, the announcement is materially positive but routine: it advances the operational roadmap without introducing new revenue streams or unexpected risk.

Silver Bullet Mines Corp. is a junior mining company focused on high‑grade precious metal projects in the western United States. Its core “hub‑and‑spoke” strategy centres on a modular mill in Globe, AZ, which processes ore from:

• Columbia Mine (AZ) – newly acquired, slated for portable crusher installation.
• Gold Queen Mine (AZ) – adjacent to Columbia, feeding the same hub.
• Washington Mine (ID) – historic antimony‑gold‑silver property; development includes underground drilling and potential crusher addition.

The flagship revenue driver is a 5‑year framework agreement with Ocean Partners US Inc. (signed Mar 2026) for up to 36,000 t/yr of material from Arizona assets.