Silver Bullet Mines Corp. Reports Antimony Results from Its Washington Mine in Idaho
Transitioning from explorer to producer with multi-commodity upside in Idaho and Arizona.
The most recent news (March 16, 2026) reports significant antimony (Sb) results from the Washington Mine in Idaho. Samples returned values up to 8,810 ppm (0.88%) Sb, alongside elevated lead and zinc levels. CEO John Carter emphasized that these base metals represent "additional revenue with minimal if any added cost," as they are co-mingled with the primary gold and silver targets. This follows the March 2, 2026, announcement of a five-year framework agreement with Ocean Partners US Inc. to sell up to 36,000 tons of concentrate per annum from all Arizona operations.
The news is Routine - Positive. While antimony is a "critical mineral" with high strategic value and no substitutes, the current results are from surface/adit sampling and do not yet constitute a formal resource. - Operational Validation: The agreement with Ocean Partners is the more materially significant recent event, providing a guaranteed "ready market" for production. - Revenue Diversification: The discovery of antimony, lead, and zinc in Idaho adds a safety net to the project's economics, potentially lowering the "all-in sustaining cost" (AISC) through byproduct credits once production commences. - Execution Risk: The company is successfully transitioning from a "hole maker" to a "seller of metal," as evidenced by the receipt of the first payment for Arizona concentrates in January 2026.
Silver Bullet Mines Corp. operates a "hub and spoke" model. - Flagship Project: The Black Diamond/KT/SC Mine complex in Arizona, supported by a wholly-owned mill in Globe, Arizona. - Secondary Project: The Washington Mine in Idaho, a past-producer being rehabilitated for silver, gold, and now antimony. - Strategy: Acquiring past-producing, high-grade mines with existing infrastructure for low entry costs and fast-tracking them to production using their own processing facility.